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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jun 28, 1935
Page
5
New York stock prices advanced with widespread gains across major issues on the Exchange led by key industrials and rail shares. Trading showed notable activity as investors adjusted portfolios, with mixed results among utilities and transportation stocks.
The AP column lists stock figures with various companies and values such as Alum Co Am at 53 1/4 and Humble Oil at 257 1/2, alongside Amn Cyan B at 21 3/4 and Ford Met Ltd at 3/8. Other entries include Am Sup Pow at 1 1/4 and Newmont Min at 49, reflecting a snapshot of market quotes across industries.
Grain and feed prices reported for July September and December contracts across corn oats rye barley and lard bellies in Chicago with figures for usle and late summer to autumn options.
Trade in 64s and finer territory wools remained active in Boston with US Department of Agriculture data. French combing ranged from 65 to 71 cents scoured basis, averages near 68 to 70 cents, and finer lots at 70 to 71 cents. Clothing and inferior short French combing fine wools sold 62 to 65 cents scoured.
A local farm meeting highlighted U S bonds with price points 49 and 102.5 as investors discussed, noting market conditions and potential yields. Area attendees included farmers and local merchants seeking guidance on government securities.
June 28 stock trading edged higher for some issues while pace remained slow. Alcohol, mining, and chemical leaders led gains, bonds improved slightly, and foreign exchanges stayed steady. Silver rumors boosted mining demand as copper prices fell to eight cents a pound. total volume reached 755,630 shares.
Auction summaries list hogs and cattle prices by weight and quality across good choice and standard grades. Hog bars show 210-240 Ibs at 9.25, 140-160 Ibs 8.40-8.90, 180-200 Ibs near 9.00, sows 7.00-8.15. cattle include calves 200 Ibs, short fed steers around 7.85, steers 550-900 Ibs 8.25-11.00, 900-1500 Ibs 9.00-11.75, heifers 550-900 Ibs 8.25-10.75, cows 6.00-7.25, stocker and feeder steers 6.75-8.75. sheep 3,000 head with spring lambs 7.75-8.25 and 8.00-8.15 for best natives, yearlings 4.25-6.00, ewes 2.00-3.00.
New York cotton shows firmer activity with prices at new monthly highs. Unfavorable Southwest crop reports and wheat strength boost October contracts to around 11.5 cents. Midday gains of 12 to 16 points. closes steady to 17-20 higher. July 11.37. Oct 11.55. Dec 11.55. Jan 11.56. Mar 11.60. May 11.63-64. Spot steady middling 12.20.
Beeston June 28 AP The Commercial Bulletin reports minor net changes in wool prices over the past week led by gains in pulled wools due to government orders. Western demand holds near peak rates while foreign markets firm. Mohair remains in moderate demand and firm.
A massive manhunt centers on Socorro and Albuquerque area as police probe the May 23 wrecks of a car carrying Mr and Mrs George Lorius of East St Louis and Mr and Mrs Albert Heberer of DuQuoin Ill Investigators track a young man Bob Lowry with a prior Austin jail term seen near the wrecks and a possible forged travelers checks case linked to the missing couple.
Herman G. Baca of Santa Fe told the New Mexico Veterans of Foreign Wars convention in Clovis that late Senator Bronson Cutting was more than an ex service man. He died in the line of duty for veterans and would have supported the bonus bill. Cutting aided the disabled, dependents, and those in need, aligning with veterans in a long fight for recognition.
The article notes discussions at a veterans convention about forming a nation wide organization of veterans from all wars. Baca urged creating an army of overwhelming strength to lead the battle, referencing Bronson Cutting and plans to bury him in Santa Fe national cemetery.
Galveston on June 28 reports spot cotton steady with 15 up in price. Middling grade at 11.95, with 777 bales sold according to AP dispatch.
For crippled Radios Call 289 for ambulance. No fix no pay. 25 years experience free. Falcons Electric Service. 125 West Second Street.
Albuquerque district court granted L C Bennet receiver authority to borrow 100000 from two local banks to meet the balance due on a 275000 loan from the Reconstruction Finance Corporation after the First Savings Bank and Trust Company closed.
Scarnici, captured after a bank holdup in Rensselaer, faced execution as Mrs. Coe’s body was wheeled away. He remained composed, kissed a cross held by a priest, and saluted Albany’s public with a final message.
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