Market closes firmer on renewed buying and sector gains
New York stocks posted a firmer tone as buyers supported the market today while sellers showed less urgency. Metals rose on a Senate silver bloc meeting and a government purchasing program boost. several rails oils and utilities advanced with dividend payers in demand. U.S. Steel, U.S. Smelting, Cerro De Pasco, Chrysler and Goodyear led gains as volume neared 1.15 million shares at the close.
MENTIONED IN THIS ARTICLE
New York
Senate Silver Bloc
Sterling
Hercules
U. S
Cerro de Pasco
American Smelting
Santa Fe
Union Pacific
Delaware & Hudson
Standard Oils
California
New Jersey
Pacific Gas
Consolidated Gas
Chrysler
U. S. Steel
du Pont
Case
Goodyear
U.S
Great Western
Hopse
Senate
Market Bond Quotes Snapshot Amid Realignments
AP roundup shows Treasury issues at 4 1/4s trading 47 to 52 with 116.19, Home Owners at 4s around 51 with 100.5, Fed Farm Meeting notes at 3s near 49 and 3 1/4s around 64, at 102 and 103.22 respectively, reflecting shifting yields and demand signals.
MENTIONED IN THIS ARTICLE
The
Associated Press
Treas
Home Owners
Fed Farm
Chicago Grain Close Prices Report
Grain futures closed mixed with Wheat at June 82 1/2, July 83 5/8, September 84 1/4, December 6 3/8. Corn June identical, July 82, September 75 5/8, December 63 1/4. Oats July 5 1/4, September 33 1/4, December 35. Rye July 47 1/2, September 48 5/8, December 52. Lard July 138.55, September 13.52, October 13.57. Bellies July 17.10, September 17.05, Barley July 45, September 46.
MENTIONED IN THIS ARTICLE
Rye
Market Movers And Their Latest Quotations
Listed securities include Alum Co Am 55 Amn Cyan B 20 3/8 Amn G&E A 27 5/8 Am Maracaibo 5/8 Am Sup Pow 1 1/4 Ark Nat Gas A 1 1/8 Assoc G&E A 3/8 City Sve 1 3/4 City Sve Pfd 18 Cons Cop Min 3 7/8 Cord Corp 2 3/4 Cui Mex 2 Fl Bons & Share 7 7/8 Ford Mot IL:td 8 5/8 Gulf Oil Pa 68 Hecla Min 11 5/8 Ntumble Oil 61 3/4 lib Mc & Lib 6 1/2 Newmont Min 52 1/8 Nia Hud Pow 5 5/8 Penn Road 2 1/4 Swift & Co 16 1/8 Trans Cent Air 3/16 in Lt & Pow A 1 1/8 Unit V.
MENTIONED IN THIS ARTICLE
New York
York
Adam Exp
Alaska J
T&t
Allegny
Allis
Kencott
iKrog Groc
Lambert SF
Amccmaie
AmCrySg
AmCySePt
Mp&l
MontoCh
PamSmell
van Cap
Nat P&l
NY Ct
Nynh&h
At&sf
Atl
NfkWst
Aub Auto
Aviat
Avia Cor
Nor Amr
NorAmPt
Bal Loco
Nor Pac
PacGé& KK
Bendix A
Packard
Beth Sti
Park U
Bob Alum
Penny Ie
Berden
Penn RR
BuradMa
Byers
Phil Pe
Preogamb
Pullman
Rwc&o Rail
P&p
RemRand
Repstl
Si Chi Ri&p
ReyTob B
Jarysier
Stateway
StroLead
Con Col
Seab Oil
Go ‘Lgate
Ominutr
Sears R
Shell UD
SilKeClt
Soc Vac
S& O Cal
Stdo NJ
SteWrn
Lac&w
Dia Mat
Stone& W
Deus Air Studbkr
Pu Pont
Tex Pac
Fox
Corp
Af &i
Genrsig
Indal Gil Raz
Us Pip
Gimbel
Gimbel Pf
UU Rub
Glidden
Sment
Rere
Goldust
Us Steel
Goodyear
Sel
Ripe
Gwsser
Util
Vanadum
Hershey
WarnTix
Helland
Hometak
Mary Ve
West Tnion
West Ait
West H&m
Ind Rayua
Associated Press
Alum Co Am
Amn Cyan B
Amn G&e
Am Maracaibo
Am Sup Pow
Ark Nat Gas A
Assoc G&e
City Sve
City Sve Pfd
Cord Corp
Cui Mex
Fl Bon
Hecla
Ntumble Oil
Newmont
Penn Road
Swift & Co
Trans Cent Air
Unit
Kansas City Livestock Prices Report June 11
Hogs 2,000 with top 9.6 percent on choice 200 to 250 pounds. packing sows 275 to 500 pounds 7.25 to 8.50. Cattle 4,500 and calves 1,000 with steers 550 to 900 pounds 8.75 to 11.75 and 900 to 1500 pounds 9.50 to 12.75. heifers 550 to 900 pounds 8.00 to 11.00. cows 6.25 to 7.50. feeders 6.75 to 9.25. Sheep 5,000 top native spring lambs 8.50. yearlings 6.25 to 7.00. spring lambs 8.25 to 8.75. yearling wethers 90 to 110 pounds 5.0 to 7.00. ewes 90 to 159 pounds 2.00 to 3.50.
MENTIONED IN THIS ARTICLE
Kansas City
US Dept
Ewes
Cotton futures ease on liquidation and weather
New York June 11 AP reports cotton eased due to liquidation and favorable belt weather with October slipping from 11.00 to 11.15 before rebounding to 11.19. General market down 6 to 9 points, futures closed steady three points lower to five higher. Close: July 11.56 October 11.26 December 11.26 January 11.28 March 11.37 May 11.48 Spot middling 11.90.
MENTIONED IN THIS ARTICLE
New York
Boston Wool Market Quiet Amid Off Wool Trade
Boston on June 11 reports a quiet wool market with activity limited to cold lots and off wools. Prices are not meaningful indicators of trend as mills show little urgency to cover requirements.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Truck Hit By Train At Clovis Crossing
Bob Hyman an oil company truck driver was seriously injured and Bob Amborn a local restaurant man was less badly hurt when Hyman's truck was struck by an incoming passenger train at a grade crossing near Clovis New Mexico yesterday. Engineer J R Tipton said the truck stalled after climbing the grade and he did not see it until 125 feet away due to obstructed view from cars and a fence. Doctors said Hyman's injuries were not fully determinate because his condition prevented a complete exam.
MENTIONED IN THIS ARTICLE
Clovis
N. M
Bob Hyman
Oil Company
Bob Amborn
Hyman
Here
J. R. Tipton
Lions to elect state officers at closing Lions meet
In Clovis New Mexico June 11 delegates to the Lions International district conclave held morning sessions and a convention luncheon. Ed H Shea director of Lions International will give an address this afternoon. Officers will be elected and the next convention city chosen before adjournment late today.
MENTIONED IN THIS ARTICLE
Clovis
N. M
Lions International
Ed H. Shea
Insects Entangle TVA Power Sale Bill Passage
The proposed act would authorize TVA to sell surplus power and lift bond authority from 50 million to 100 million dollars to fund private power facility purchases. Military committee fees stay firm. Rep May 10 says Wearin’s petition to strike amendments will likely gain no more than 30 signatures, needing 217 to prevail.
MENTIONED IN THIS ARTICLE
Inal Tva
Senate
TVA
Wearin
TVA Bill Remains Buried In House
Representative Rankin from Mississippi pushes to rescue TVA amendments from the House military committee after it was tabled by 15 to 12. He promises a new plan soon to lift the bill, but notes it will not be a new bill. Rankin cites power trust influences on the unitary affairs committee and aims to prevent those pressures from blocking a measure favored by a majority.
MENTIONED IN THIS ARTICLE
Washington
Rep
Rankin
D-Miss
Power Trust
Tennessee Valley Authority
House
Norris
R-Neb
Orig
State police hunt missing Albuquerque tour party
Eight state policemen join a search for Mr. and Mrs. George Lorius and Mr. and Mrs. Albert Heberer who vanished during a southern California tour. Governor Tingley announced the new team after talks with local police and a Dallas detective firm. The Lorius were reported to have valuable diamond rings and were traced entering New Mexico on May 20 to 21 with their companions. since then the trail has gone cold despite extensive statewide searches. The car was found in Dallas, and a possible forger seen driving it was reported near Socorro and El Paso.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
George Lorius
Albert Heberer
Clyde Tingley
Dallas
Tex
Insurance Company
Vaughn
Lorius
Socorro
el Paso
Kidnap Case Leads to Spokane House Walkthrough
A $116000 ransom deal preceded a reunion with George who identified the hiding house in Spokane described by the boy. Federal agents, Spokane sheriff officers, and a Day ton restaurant owner linked to the escape led to a car stop and renewed arrests in the Kidnap pursuit. Officials plan rapid action, filing complaints in Tacoma and Salt Lake City and preparing federal court removals.
MENTIONED IN THIS ARTICLE
Tacoma
George
Spokane
Walla
Lincoln
Franklin
Washington
Ed McGucken
Dayton
Mahan
McGucken
Idaho
Department of Justice
Salt Lake City
Federal
Waleys
Justice Department
Utah
United States District Attorney
Inheritance Taxes Favored by House Committee Members
Washington June 11 AP A Ways and Means poll shows 14 of 25 committee members favor inheritance and increased gift taxes as a wealth redistribution tool. Nine are doubtful or oppose, two oppose. No specific rates set, discussion follows Morgenthau claim of $300 million to $600 million annual from applying income tax rates to inheritances and gifts.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Roosevelt
Congress
Senate
Capital Hill
Morgenthau
Senate Finance Committee
Ways and Means
Hill
Open bids on New Mexico school books
Santa Fe June 11 The State Board of Education opened bids for state history civics and New Mexico history texts to be used in rural schools for six years. A decision will follow after review of proposals.
MENTIONED IN THIS ARTICLE
New Mexico
Santa Fe
State Board of Education
New Mexico History Bids Close After Manuscript Submissions
Bids for New Mexico history and Civics projects closed with manuscripts from well known New Mexico writers only. The Vaughn text, previously used, is exhausted and no further printed New Mexico histories were available for bids.
MENTIONED IN THIS ARTICLE
New Mexico
Relief director calls meeting for Cuba and Regina farmer aid
Santa Fe AP June 11 State Relief Director Clinton P. Anderson returned to the office and said he had summoned Bernalillo county relief officials to devise an immediate program to aid farmers in the Cuba and Regina region.
MENTIONED IN THIS ARTICLE
Santa Fe
Clinton P. Anderson
Bernalillo County
Cuba
Regina
Rural relief agents eye immediate aid extension
Capt. A. H. Norton county relief director and field agents report rural rehabilitation loans unavailable from O R or other government branches. They plan to take up the complaint and seek an immediate extension of aid, Anderson said.
MENTIONED IN THIS ARTICLE
A. H. Norton
Rerlief
Anderson
Light Shower Reported in Roswell This Afternoon
A light shower fell in Roswell this afternoon, with precipitation measured at 0.06 inches. Local observers noted the brief rainfall while the sky briefly darkened and then cleared. Continuous rain was not expected for the rest of the day.
MENTIONED IN THIS ARTICLE
Roswell
Also Mentioned on This Page
Wall Street
Chicago Grain
Cheago
Kansas City Livestock
Clovis Crossing
LIONS
W. B. Hermes
University of California
Screen Star
Charles Ray
Yvonne Pelletier
Hollywood
Bill
Actopan
Mexico
Church of
San Pedro
Child
Little George
South Hill
Franklin D. Roosevelt
Lillian D. Rock
Charles A. Beard
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