Stocks Slide as Market Opens on Cautious Trade
Wall Street showed a cautious tone with most buyers and sellers sidelined to study political and economic conditions. Prices mostly declined, turnover reached 813,010 shares, and the close was easy. Notable moves included American Telephone slight gains, Auburn Motors up 2, and U S Smelting rallying a point while several big names sagged.
MENTIONED IN THIS ARTICLE
New York
American Telephone
Auburn Motors
U. S
McIntyre
American Tobacco B
Liggett & Myers B
U. S. Steel
Westinghouse
Pullman
General Motors
Chrysler
Montgomery ,Ward
du Pont
United Aircraft
Goodyear
Alfied Chemical
U. S. Industrial Alcohol
N. Y. Central
Santa Fe
Johns-Manville
New York Stocks Market Echoes Broad Price Tremors
March 6 trading closes on the New York Stock Exchange show wide activity with many industrials rail and utility shares advancing and retreating. Notable names appear across sectors from Anaconda and Allegheny to Dow Jones components like Westinghouse and United States Steel amid mixed volume and price shifts.
Cotton market holds steady after light demand in Washington
New York report on March 6 notes light offerings and fairly steady prices as cotton futures fluctuated with early declines of 3 to 6 points, then rallies. July rose from 12.28 to around 12.35 in mid afternoon trading, with most active months near unchanged to slightly higher. Spot middling at 12.35.
Kansas City Livestock Prices Report March Six
Kansas City market notes show hogs 10 to 20 lower on most, top 4.20 for 180 to 240 pounds. Calves and cattle mixed with opening slow but steady. fed steers and yearlings 5.09 to 6.85 per hundredweight for good to choice 550 to 1500 pounds. Sheep demand weak with lambs scarce, best fed lambs above 9.25, yearling wethers 5.50 to 8.00.
MENTIONED IN THIS ARTICLE
Kansas City
Market Summary and Wool Prices Reported
New York curb market shows uneven gains in industrials and specials while utilities, alcohols, and some metals dip. Aluminum Company, Pittsburgh Plate Glass, and Sherwin Williams edge up fractions. Swift & Co. and American Cyanamid B dip. Oil stocks muted. Boston wool market reports scattered demand for Ohio fleece and combing wool with prices around 35-42 cents grease.
MENTIONED IN THIS ARTICLE
New York
Aluminum Company
Pittsburgh Plate Glass
Sherwin Williams
Swift & Co
American Cyanamid
American Gas
Cities Service
Electric Bond
Hiram ‘Walker
Humble
Standard Oil of
Indiana
Boston
US Dept
Ohio
Consin
Chicago Grain Prices and Dates Listed
Chicago markets show May and July futures for corn oats rye and barley with September options. Lard and bellies futures also posted for May July and September, reflecting rough price levels and contract months.
MENTIONED IN THIS ARTICLE
Chicago
Stock Averages Report March 6 1934
Stock averages list Vanadium types with daily figures for Indl s Rrs Ut s and total index. The report shows Today values of 97.3 50.1 67.9 86.4 and Prev day values of 98.6 60.5 77.6 87.5.
New York Curh Market Notes And Cotton Prices
AP dispatch lists commodity captions including Am Alum Co Am Cyan Amer G & B Amer. Mar Amer Sue Pow Ark Nat Gas Assoc G & EA City Sve Cord Corp Detroit Air Ford Ltd Gulf Oil Humble Oil Libby McN Newmont Ning Hud Pow Penn Road Sound Swift & Co Texan Unit Gas Unit P L Unit Verde and industry names. Galveston spot cotton steady with a five point drop at middling 12.20, sales 500.
MENTIONED IN THIS ARTICLE
New York
Lowing
New York Stock Exchange
Adam Exp
Nkl
Air Weap
T&t
Alaska J
Ins Mvl
Allegny
Alc&dy
hKencott
Krog Gr
Allis C
Lambert
AmnCan
Car&f
Amn Loco
Sugar
Anaconda
Arm
AT & SF
Avia Cor
Bal Loco
B&o Rai
Beatric
Bend
Congo
Tob
Mack Tr
McInpor
McLelam
MidcPet
Wst
NorAmer
Nor Pac
Pac. _G&E
Packard
Park U
I-G Penny -Jjc
Penn RR
Phelps D
Phil Pet
Parrow A
Pubs NJ
Pullman
St L&sf
Schulte
Sears R
Shell A
Skelly O
Soc'Vac
SoCal Ed
Son Pac
Son. Ry
G&e
SoCal
SON J
D Laec&w
Ste Wrn
Dia. Mat
St&Wstr
Doug Air
Studbkr
du Pont
Tex Corp
Fastman
Auti
Klec P&l
Elstor Bat Erie RR
PFI Firet&r
Foster Wh Fox FA
Tex Gul
TexPc&Cf
Fex
Wadsco
Valladum
Sug Pt
Warn Pix
Hershey
West Mid
Homstak
West UN
Hous Oil
West Air
Howe Snd
West B&m
Woolwrt
Associated Press
Alum Co Am
Am Cyan B
Amer G & B
Amer
Mar
Amer Sue Pow
Ark’ Nat Gas A
Assoc G & EA
City Sve
City Sve Ltd
Cord Corp
Cresson
Detroit Air
EB & S
Ford Ltd
Gulf Oil
Humble Oil
Libby McN
Newmont
Ning Hud
Penn Road
Sound
Swift & Co
Texan
Unit Gas
Unit P & L
Unit Verde
Galveston
Cotton prices hold steady in New Orleans market
In New Orleans spot cotton settled unchanged with a slight 6 point drop to middling 12.13, with 381 bales reported sold as the market ended mixed in today’s trading.
Home Loan Bonds Move Amid New York Market
AP report from New York notes produce exchange activity as home owners loan bonds 4s trade at 97 1 8, on 517,000 offered. Strong entities include Home Owners Loan Corporation and New York markets with bond details and pricing.
MENTIONED IN THIS ARTICLE
New York
Marth
Dr Matthews Dies. Longtime Roswell Physician
Dr Matthews formerly of Lake Arthur and Roswell, veteran of World War I, member of American Legion and several fraternal orders, died after limited practice due to ill health. Survived by wife, son Coleman at UNM, six sisters, two brothers. Funeral in Roswell with burial in Illinois. arrangements by Talmage Mortuary.
MENTIONED IN THIS ARTICLE
First Methodist Church
American Legion
The
Praetorians
Woodmen of the World
Security Benefit Association
Chaves County Medical Society
New Mexico Medical Society
American Medical Association
Coleman Matthews
University of New Mexico At
Albuquerque
J. L. Matthews
H. Il. Matthews
Fairfield
Iil
Bert Grove
Phoenix, Ariz
Alice Hawk
St. Louis
Julia Hartwell
East St. Louis
Etta Borah
Viccy, Porter
Jefferson, Ill
Bertha Bobbett
Montecello
Illinois
Talmage Mortuary
British plan big additions to navy in 1934
London reports 1934 navy estimates total 56.55 million pounds with 25 new ships including four battle cruisers. Personnel would rise to 92,338 officers and men and 884 royal marine police. Washington notes US parallels in tonnage, ships, and personnel plans. Paris approves France’s naval program adding a 26,000 ton battleship, two submarines, and a destroyer.
MENTIONED IN THIS ARTICLE
London
Great Britain
Royal Marine Police
Washington
United States
France
Paris
Naval Committee of the
Chamber of Deputies
Governor urged to remove NM Normal University board
Las Vegas New Mexico March 6 AP business leaders pressed Gov A W Hockenhull to end alleged politics and dual management at New Mexico Normal University They urged action to vest all power in the president and warned that if the regents fail the governor should replace them before the North Central Association review this year.
MENTIONED IN THIS ARTICLE
Las Vegas
N. M
New Mexico Normal University
A.W. Hockenhull
Board of Regents
H. C. Gossard
American Association of Teachers Colleges
Vernon O. Tolle
New Mexico Educational Association
North Central Association of Schools and Colleges
Flooded Waters Progress in Central Pennsylvania
Conditions eased in central Pennsylvania as ice moved out of the Susquehanna near Harrisburg and engineers said the flood threat was diminishing. In Parker's Landing water ran six feet deep, with a request for army bombers to break an Allegheny ice jam. Heavy ice backed the Delaware in two towns, but Schuylkill flooding prompted a Fairmount Park drive closure without major damage.
MENTIONED IN THIS ARTICLE
Pennsylvania
Parker’s Landing
Pittsburgh
Allegheny River
Susquehanna River
Harrisburg
Delaware River
Schuylkill
Fairmount Park
Philadelphia
Dillinger 15 Refuses Resign, Says He Won't Be Whitewashed
Harry Pierpont is brought to trial in Lima for the murder of Sheriff Jesse Larber during a jail delivery in which Dillinger was freed. The case labels Pierpont as the trigger man, with Dillinger later jailed in Crown Point while Makley and Clark await trial on similar charges.
MENTIONED IN THIS ARTICLE
Lima
John Dillinger
Harry Pierpont
Dillinger
Pierpont
Jesse Larber
Arizona
Crown Point
Ind
Charley Makley
Russell Clark
Larber
Liberty bonds close with varied bid prices in New York
Liberty bonds closed in New York on March 6 with bids showing First 41-46 at 33-38 and 100.15, and Treasury 4 1-4s trading between 47 and 52 at 109.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds
Treasury
Also Mentioned on This Page
Wall. Street
Kansas City Livestock
Standard Statistics Co
New Orleans
Marel
DR. Matthews
Lake Arthur
Roswell
Pal
Melvin Sells
Alfred Musch
Girdleiere
T. S&s Bonds
Southwestern Public Service Company
Oxford
Red Cross
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