Wall Street Gains Pause as Cotton Slump Damps Trading
The New York stock exchange saw brief advances but gains faded with selling in commodities. Shared support came from foreign exchange rebounds and early recoveries across several groups, yet declines in cotton, rubber, and coffee weighed on the market. Bonds failed to match yesterday’s rally, while oils and dairy issues lagged. Widespread trading included farm implements, alcohol, and rail stocks showing modest advances.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Washington
Cotton prices steady as markets close in Galveston
Galveston report notes spot cotton steady with a 10 point drop, middling at 11.40 cents per pound. Sales totaled 200 bales as markets react to futures and currency shifts. Other commodity listings include bank and corporate bond quotes and mining stocks in a compact market summary.
MENTIONED IN THIS ARTICLE
Galveston
Cotton fluctuates with early declines and later rallies
Nervous and irregular cotton trading today saw declines early and partial rallies later. May moved from 11.02 under pressure to 11.16, hovering near 11.12 midafternoon, with active months down 18 to 20 points. futures closed 13 to 19 lower. Spot middling 11.50. Grain and other commodity quotes follow with various May July Sept futures for wheat corn oats rye barley lard and bellies.
MENTIONED IN THIS ARTICLE
New York
Jly
Hog and cattle market report from Kansas City
Kansas City market report shows hogs at 1,000 head with choice weights 210 lbs up and top 9.20, packing growth to 275-500 lbs. Cattle and calves listed, including steers 900-1500 lbs 10.00-13.65, heifers 550-900 lbs 8.50-11.50, cows 6.50-7.75, vealers 6.00-9.00, stocked and feeder steers 6.25-10.00. Sheep 3,000 head, best natives and fed lambs 7.75, lambs 7.40-9.0 for 90 lbs down, years-.
MENTIONED IN THIS ARTICLE
Kansas City
U. S. Dept. Agr
Hunter And Son Moves To New North Main Location
Hunter and Son drygoods, long based at 261 North Main, will open tomorrow at 211 North Main in the former Roswell Variety Store. The remodel adds a modern storefront, expanded floor space, seven new counters, two fitting rooms, an alteration room, new dress fixtures, hardwood floors, a military counter, and extra rear storage.
MENTIONED IN THIS ARTICLE
Hunter and Son Drygoods
North Main
Roswell
Hunter and Son
Post Flight Plan Stirs Dawn Preparations In California
Wiley Post and crew were roused at dawn as advisors prepared for a possible cross country flight in the Winnie Mae. Post did not decide to attempt the trip until after reaching his Hollywood hotel, where he has stayed for weeks since the Los Angeles flight from Bartlesville Oklahoma. The Winnie Mae, known for its world record around the world and prior altitude experiences, is central to the day's anticipated test as questions about engine integrity surface following a prior desert landing by the rival flyer Bost who suspects sabotage with foreign filings in his engine. In New Orleans Spot Cotton closed steady at 15 points down with middling at 11.33. social column notes a Hartshorne Oklahoma woman praising Cardus for nervousness relief and strength after use.
MENTIONED IN THIS ARTICLE
Ter
Post
Hollywood
Winnie Mae
Los Angeles
Bartlesville
Okla
Bost
Desert
United States Aeronautical
Zinn hearing reveals conflict over sources and contempt
In a Santa Fe hearing, Pepperday and Hening defend press protections as Mechem argues contempt not proven. Testimony details Zinn's funds, brokerage records, and an Albuquerque hotel conference about Zinn resigning, with witnesses edge toward credibility disputes and newspaper source confidentiality.
MENTIONED IN THIS ARTICLE
Wright
Zinn
Santa Fe First National Bank
R. P. Horton
Albuquerque Certified Public Accountant
Zinns
Pepperday
Albuquerque
Hening
Kidnapped Boy Admits Abduction Story Was Fake
Chester Hyde, 19, who was found bound and gagged in Wilmington after an abduction report, has admitted his kidnapping tale was a fabrication. Police say he sent letters to his stepfather seeking money and quarreled with a New Jersey girlfriend before the incident.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Public Safety
George Black
Chester Hyde
Black
R. George Harvey
Division of Investigation
Department of Justice
Hyde
Woodbridge, N. J
Woodbridge
N. J
Ransom Demanded for Youth Found Bound in Suburban Road
William Lella a horticulturist received a note demanding 10000 dollars and threatening the youth with harm. The bound victim was found hand and foot with electric wire by two policemen on patrol in a residential suburb early today.
MENTIONED IN THIS ARTICLE
William Lella
Final effort to settle El Paso power dispute
El Paso Texas March 15 AP a final effort to settle a dispute between El Paso Electric Co and its employees will be made at 3 pm today at a conference of all parties called by Dr Edwin A Elliott regional director of the National Labor Relations Board
MENTIONED IN THIS ARTICLE
EL Paso
Tex
el Paso Electric Co
Edwin A.hlliott
National Labor Relations Board
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N. V
Schilling
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Lars
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M.J.B
Great West
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Carton Swifts Jewel
Mrs
Ine
Cas
10Th & N. Main Sts
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