Wall Street Dips, Closes Steady After Nervy Trading
Stocks slumped then rallied to a fairly steady close on March 1 as dull trading gave way to cautious optimism. U S Smelting fell about seven points after Morgenthau urged retention of current policy. other silver issues dipped briefly but recovered. J C Penney rose 2 1 2 percent on strong earnings. several others posted fractional gains while U S Steel and Sears Roebuck eased.
MENTIONED IN THIS ARTICLE
Wall Street
New York
U. S
Morgenthau
Congress
American
J. C. Penney
American Car & Foundry
Youngstown Sheet & Tube
Santa Fe
Montgomery Ward
Seaboard Oil
Western Union
U. S. Steel
American Tobacco B
al- Med Chemical
Sears Roebuck
New York Stocks Close March 1 on Heavy Trading
The New York Stock Exchange ended March 1 with broad gains across many leaders led by AmT&T AmWel and general utilities. Traders weighed industrials and oils as Alphabet and Chrysler listed notable moves while grain and commodity futures closed with mixed results.
Wool prices hold steady on several domestic lots
Boston reports scattered small wool lots sold at steady prices with calls heavy on average French combing 64s and fine territory wools at 82-84 cents scoured. Greasy lines show demand mainly for 48s to 1-4 blood at 69-74 cents scoured, and low 1-4 blood 64s territory wool at 62-65 cents.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Market report of Hogs Cattle and Sheep in Kansas City
Kansas City market summary shows hogs uneven at 4,500 head with top around 4.15 for light to 160 lb classes, cattle around 3,500 head with steers 5.65 to 7.15 per 100 lb, heifers 4.65 to 6.25, cows 3.50 to 4.00, calves 700, milk and fed cattle 4.00 to 7.00, sheep 6,000 head with best fed lambs above 9.85 and yearlings 5.75 to 8.50.
MENTIONED IN THIS ARTICLE
Kansas City
New York Cotton Market Closes Steady Amid Quiet Trading
The general cotton market was comparatively quiet with prices moving irregularly within an 8 to 10 point range. Futures closed steady, up 1 to 7 points, with March at 11.88N and May at 12.01, July 12.14, October 12.29, December 12.41N, January 12.47N. Spot middling priced at 12.20.
MENTIONED IN THIS ARTICLE
New York
New York Markets Open With Mixed Early Trading
New York on March 1 saw curb stock activity settle under intermittent selling pressure with sporadic gains in some specialties. Industrials and utilities drifted lower by about a point, while metals held firm with Newmont advancing. Gulf Oil rose briefly before Standard of Indiana dipped slightly. American Cyanamid B Electric Bond and Share and Swift improved briefly amidst modest fluctuations.
MENTIONED IN THIS ARTICLE
New York
Aluminum
America
American Gas
Newmont
Gulf Oil
Standard
Indiana
American Cyanamid
Electric Bond & Share
Swift & Co
Liberty bonds close with mixed gains in New York trading
Liberty bonds closed with mixed results in New York on March 1. First 4 4s rose to 100.17 while Treas 41 46 47 52 reached 108.22, reflecting varying demand in the market.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds
Treas
Produce exchange bonds and home owners loan notes
New York report from March 1 notes AP coverage of financial instruments with bonds from the Produce Exchange and a home owners loan issue. The item lists a 4s maturity and a figure 26,000 to 95 3-4, reflecting a market quote or issuance detail.
MENTIONED IN THIS ARTICLE
New York
Stock Averages and Market Figures from March First
The March 1 stock sheet shows strong industrial averages and rail figures with the Ind 'ls at 96.9, Rr's 48.8, Tit's 76.1, and a today column at 87.2. The sevenday mark reads 96.2, 48.9, 76.4 with $5.4 noted as a figure in the market summary.
New York Curb New York Stock Prices Snapshot
New York market rundown shows a mix of industrials and utilities with varied gains and losses. Notable quotes include Amer Cyan amid mixed results and Gulf Oil posting a strong session, while Ford Ltd and Humble Oil show modest moves.
MENTIONED IN THIS ARTICLE
New York
Alum Co Am
Am Cyan B
Amer G & E
Amer
el B
Ford Ltd
Gulf Oil
Hecla Mining
Humble Oil
Newmont
Niag Hud
Pennroad
Shatt Dean
Ss O Ind
Swift & Co
Trans Air
Unit Gas
P&l
Verde
NRA Hearings Spotlight Code Abuses and Wage Threats
The hearings reveal widespread NRA code abuses as industrial assistants cite excessive hours, wage cuts via reclassification, and gender pay disparities. Witnesses accuse firms of price fixing through identical bids under code rules, while requests range from government financing to curb family stores and compel chain operators.
MENTIONED IN THIS ARTICLE
Johnson
NRA
Gerald Smith
Louisiana
Robert Minor
Communist Party
Minor
Myron Ratcliff
Mary E. O'Connor
New York State
Purchase
Austro Fascist Forces Show 110000 Armed Fighters in Austria
Latest Heimwehr figures published in Emil Fey’s newspaper put armed fascists at 65009 across Austria. Regular army 30000 and gendarmerie 15000 push total to at least 110000. If tensions grow, numbers could rise. Arbeiter Zeitung in exile urges loyalists to resume fight under Dollfuss. Graz report mentions railroad men who betrayed Styoian Socialist leaders.
MENTIONED IN THIS ARTICLE
Heimwehr
Emil Fey
Austria
Graz
Koloman
Air force budget battle and Vienna civil conflict toll
The commission heard aviation is a key arm in a balanced defense while opposition labeled separate air corps funding as harmful to defense unity. In Vienna, Heimwehr patrols are seen with fixed bayonets as rumors of Dollfuss assassination surface. The Reichspost cites 297 deaths in the civil war, contradicting higher unofficial estimates.
MENTIONED IN THIS ARTICLE
Tern
Dollfuss
Vienna
Heimwehr
Reichspost
Two Brothers Confessed 10 Awful Crime
Murder charges filed in district court against Louis and John Pacheco in Denver. They allegedly confessed in writing to killing rancher Clifford Smith and his employer Robert Griffin, wounding Mrs Smith, and setting fire to the victims. Louis faces an additional charge for the death of Griffin, with John charged separately for Smiths murder. Mrs Smith remains hospitalized with a back wound, expected to recover.
MENTIONED IN THIS ARTICLE
Fort Collins
Colo
Louis Pacheco
John
Denver
Clifford Smith
Wellington
Robert Grifin
Smith
Winton Ault
Robert Griffin
John Pacheco
General Motors film shown in El Paso area event
Herry H Payne Chevrolet sales manager for the El Paso zone toured the territory and presented a talking film at the Nickson Hotel last night. About 25 McNally-Hall Motor Co representatives and 20 guests viewed the clear depiction of knee action wheels and other GM improvements on the Pontiac shown throughout. L E McGraw assisted, plans call for a departure to Albuquerque this afternoon.
MENTIONED IN THIS ARTICLE
Herry H. Payne
Manaer
Chevrolet Motor Company
el Paso
Roeswell
Nickson Hotel
General Motors
McNally-Hall Motor Company
Pontiac
Mr. Payne
L. O. Smith
New Mexico Military Institute
Payne
McGraw
Albuquerque
Rotary hears of indigents and tall tales
A Rotary program featured Tom Hall urging help for the basketball tournament and attendance. County Commissioner Syl Johnson, Sr. reviewed indigent relief with rising costs and low tax collections signaling a deficit. Tall tale contest drew many, with Guy Nixson winning by saying he could not tell a tale. Washington coverage notes NRA complaints on enforcement, discrimination, and consumer issues. Jo Hill schedules shop hours at Old Mission Beauty Shop.
MENTIONED IN THIS ARTICLE
Tom Hall
Rotary
Syl Johnson
Maud Kemp
Thonton Boswell
D. N. Pope
Bruce Connor
Herbert Smurl
Guy Nickson
Bulletin of Chaves County Teachers Association Issued
The monthly bulletin from Chaves County Teachers Association was released today. It contains nine percent pages of material and features illustrations by Miss Eleanor Hughes, county superintendent secretary. The bulletin is mimeographed.
MENTIONED IN THIS ARTICLE
Chaves County
Teachers’ Association
Eleanor Hughes
City council special meeting on road work order
A special city council meeting is set for 7 00 tonight to pass an ordinance authorizing the State Highway Department to remove parking on North Main between 6th and 10th streets and to pave the full street width. The ordinance, prepared by the state, replaces an earlier version with an error. The contract for the project will be let at Santa Fe on March 6.
MENTIONED IN THIS ARTICLE
State Highway Department
Santa Fe
Fines Collected and Jail Ties Highlight February Police Report
The February police report shows 871.50 in fines and costs assessed and 294.50 collected and turned over to the city. Many fined individuals unable to pay were sent to jail, underscoring enforcement challenges.
Missouri State Life Officials Visit Roswell
Walter W Head of St Louis president of the Missouri State Life Insurance Company Sidney W Sowers of St Louis an official of the company and W N Tolleen of Tulsa field representative were in Roswell Tuesday and Wednesday on company business. Galveston Cotton Galveston March 1 AP Spot cotton steady unchanged middling 12 00 sales 514
MENTIONED IN THIS ARTICLE
Missouri State Life
Walter W. Head
St. Louis
Missouri State 1Fe Insurance Company
Sidney W. Sowers
W. N.tolleen
Tulsa
Roswell
Galveston
Narita discovery promises quick relief for rheumatic pain
The German specialist prescribes Nurito to relieve rheumatic pain including sciatica lumbago neuralgia and neuritis. Two or three doses are claimed to ease agony with a money back guarantee if relief is not achieved. Available at all druggists.
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Nurito
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