Wall Street tips in 1932 stocks hit new highs on gains
Stocks and staples rose to new highs in 1932 trading with a broad advance. Turnover reached 6,042,210 shares, the year’s second largest. Industrials led gains, utilities and aviation saw solid volume, while copper and oils softened and dollar exchange sparked speculation. Santa Fe freight rose, copper climbed to multi month highs, and foreign exchanges opened strong against the dollar.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Rai
Union Pacific
U. S
American Can
Southern Pacific
Consolidated Gas
General Motors
North American
American Telephone
Standard of
New Jersey
Corn
Westinghous Electric
Allied Chemical
Senate
Congressional
Santa Fe
New York Stocks and Curb Market Close Snapshot
May 1 AP report summarizes curb market and NYSE listings with mixed moves. Ark Nat Gas and City Service show declines while Gulf Oil, Humble, Newmont, and Texan post gains. several issues such as Seiberling and Ford Ltd move modestly.
MENTIONED IN THIS ARTICLE
New York
Curb
Ark Nat Gas A
City Svc New
City Svc Ptd
Coas Cop
el B & S
Ford Ltd
Gulf Oil
Heeda Mining
Humble
Newmont
Seiberling
Sound
Texan
Unit Verde
Kansas City Livestock Market Report May 11
Kansas City stockyards report shows cattle sales near 10,000 head with fed steers scarce and steady, bids weak to steady on light and mixed yearlings, cows and bulls mixed. Hogs 7,000 head active, prices mainly steady with top 3.70 for 180 to 230 pound choice cattle. sows and stock pigs steady. Sheep 5,000 head, natives up about 26 cents, best lambs to 6.50, wooled lambs strong, shearing lambs 5.50.
MENTIONED IN THIS ARTICLE
Kansas City
U. S
Dept
Lyes
Chicago Grain Prices a Day Near May Opening
Chicago grain futures quoted mixed prices on May 1 with May and July contracts for wheat corn oats rye and barley showing modest shifts. Wheat led with May at 70 1 4, July 71 3 8, September 72 3 8, December 74 1 8. Corn May 36 1 4, July 41 1 2, September 41 1 2, oats May 24, July 24 1 8, September 24 5 8. Rye May 47 7 8, July 48 1 2, September 49 1 8. Barley May 34 8 8, July 37, September 39. Feed and farm values listed with early prices.
MENTIONED IN THIS ARTICLE
Ag. Be
Eptember
Cotton market steady in Galveston on May first
Galveston May 1 spot cotton held steady as middling prices reached 7.90 with sales totaling 845 bales, reflecting tight supply and steady demand in the port area. The market tone remained firm amid cautious trading and steady regional inquiries.
MENTIONED IN THIS ARTICLE
Galveston
Warburg Offered Under-Secretary Treasury Post
May Join Treasury James P Warburg, New York financier, is offered the post of under secretary of the treasury. He serves as unofficial adviser to President Roosevelt on monetary questions ahead of the world economic conference and is son of Paul Warburg, noted German American banker and former Federal Reserve governor.
MENTIONED IN THIS ARTICLE
James P. Warburg
New York
The
Treasury
Roosevelt
Warburg
Paul Warburg
Federal Reserve Board
Stock Averages and Daily Figures in Brief
Stock averages for May 1 show 50 industrials 20 railroads 20 utilities and 90 transportations at 70.9 34.0 80.9 67.0. Previous day 70.6 32.9 66.0. Note new 1983 high and latest close figures from Standard Statistics Co.
MENTIONED IN THIS ARTICLE
Standard Statistics Co
Excited Opening in New York Cotton Pushes Prices Higher
The New York cotton market opened with a sharp advance, July contracts climbing to 8.27 or $2.00 above Saturday’s close amid inflation expectations. Early demand was driven by inflation prospects, then volume eased. By 2 pm July hovered around 8.14, with gains of 26 to 36 points overall. Futures closed steady to 30-37 higher with various month names noted. Spot market remained quiet with middling at 8.2.
MENTIONED IN THIS ARTICLE
New York
Boston Wool Market Report Shows Quiet Trading
Boston on May 1 reports light activity in the wool market as last year's wool is cleared and only small lots remain. Up to 21 in the grease was paid for fine Ohio delaines last week with domestic wool receipts at Boston for the week ending April 29 estimated at 632, Ibs, compared with 2,527,400 Shs previous week. exchange volume thin.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Boston Ain and — Exchange
New Orleans Cotton Prices Steady May 1
New Orleans spot cotton closed steady up 29 points with sales totaling 2,667 bales. Middling class priced at 8.00. Market showed minimal change as traders absorbed routine supply demand signals in New Orleans.
MENTIONED IN THIS ARTICLE
New Orleans
April Water Report Shows April 1933 Decline in Use
Lea Rowland city water superintendent reports April 1933 pumping at 62,304,000 gallons vs 64,601,000 in April 1932. Average daily use 2,076,800 gallons and per capita consumption 189 gallons. Decrease of 12 percent from last April. Meter sales 4,456.49 dollars, down slightly from 4,504.22. New services in April and 35 meters repaired.
MENTIONED IN THIS ARTICLE
Lea Rowland
Forest workers depart to Fort Bliss for training
The last detachment of forest workers assigned to Chaves county left for Carlsbad today to fill the quota of 35. From Carlsbad they will be sent to Fort Bliss for preliminary training.
MENTIONED IN THIS ARTICLE
Chaves County
Carlsbad
Fort Bliss
Boys Week Begins With Large Roswell Turnout
Roswell marks boys week with an unusually large church turnout and Mabie Lowrey Hardware hosting many pupils from the schools to inspect farming tools and machinery. The event aims to foster educational value and civic participation with a schedule across schools, athletics, health, and citizenship including assemblies and a free pool day at Seele Swimming Pool for ages ten to seventeen.
MENTIONED IN THIS ARTICLE
Roswell
Mabie Lowrey Hardware Company
Rotary Club
Seele
East Second
Dexter social notes and radio plans from Roswell
Dexter reports attendance at the Elks club dance in Roswell Tuesday night. Roy Garrison will sing on Roswell station Saturday at 7 45 AM and again Sunday at 3 PM with Oldham and Warner Wilkes. Mrs Lewis Johnson of Lovington visited the Hubbards, and Miss Avalee Barns is named Sigma Sigma Sigma delegate to the National convention in Chicago July 3 to 18 with expenses paid.
MENTIONED IN THIS ARTICLE
Helen Johnson
Rosie ‘Hubbard
Roy Garrison
Oldham Moore Jr
Elks Club
Roswell
L. Martin
Josephine
Mary Thompson
Alma Thompson
Roy
Oldham
Warner Wilkes
Lewis Johnson
Lovington
Russell Smith
Norman
Dexter
Avalee Barns
Sigma Sigma Sigma
Normal University of Las Vegas
Chicago
Volcano activity eyed in northern Arizona by museum
Harold S. Colton of the Museum of Northern Arizona told a Southwest AAAS conference that renewed volcanism may occur in the San Francisco mountain region. He noted Sunset Crater’s activity 1200 years ago and mapped about 215 vents with graded erosion to assess future eruptions.
MENTIONED IN THIS ARTICLE
Las Cruces
N. M
Arizona
San Francisco Mountain
Harold S. Colton
The
Museum of Northern Arizona
San Francisco Mountains
Cotton
American Association For the Advancement of Science
Sunset Crater
Museum of Northern
S. P. Crater
Strawberry Crater
O’neal
Maroon Crater
Crater 95
San Francisco Peaks
Dexter News Roundup Highlights Local Travel and Events
Jack Lewis and Edd Pippen depart for Phoenix to spend summer there. C N Moore returned from St. Louis with three car loads of fat lambs, next shipment planned. Berry and others visit Roswell, Amarillo, Lubbock for business and family. Local dances theater shows and cooking school notes. Ladies of the Methodist church plan a May 6 baked sale and Mother's Day gift shop at the Dexter Hotel.
MENTIONED IN THIS ARTICLE
C. N. Moore
St. Louis
Moores
C. B. Berry
Amarillo
F. L. Mehthop
R. C. Reid
Womans Club
Roswell
Wesley Berry
Irl Wolf
J. E. Senn
Mitchel
J. A. Mitchel
Dexter
Dexter Orchestra
Walter Anderson
A. T. Stone
O. B. Berry
Burrell Prichard
Apri
Luther Dudley
Pearl O'Brian
M. H. Collens
Denver
Robert Daughtry
Morgenthau to lead U S wheat conference delegation
President Roosevelt will appoint Henry Morgenthau Sr former ambassador to Turkey as the American delegate to the Geneva four power wheat conference opening May 10. He will be joined by George C. Haas wheat expert on the farm board. The meeting aims to reach an agreement limiting wheat production among the four exporting nations.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Henry Morgenthau Sr
Tussey
Morgenthau
George C. Haas
House Delays Vote On Inflation Section Of Farm Bill
Washington May 1 AP House democratic leaders postponed a vote on the inflation section of the farm relief bill to Wednesday. Six hours of debate will begin tomorrow. Secretary Wallace said governors should form state advisory committees to help administer the act once Congress acts.
MENTIONED IN THIS ARTICLE
Washington
House
Wallace
Bratton Bill Aims to Speed Federal Trials
Washington May 1 AP The Bratton bill to speed up and economize in criminal prosecutions under federal statutes by allowing accused to be tried by information instead of indictments was approved today by the senate judiciary committee. The measure aligns with statutes in all but seven states and permits waiver of indictment for capital and other infamous crimes. Waiver is not allowed if the defendant has not had a preliminary examination before a United States commissioner or other examining magistrate.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
United States
Taxpayer Federation Threatens Referendum Over Debenture and Deliment Taxes
The federation and its 30 state branches back a campaign with the Holiday association to gather petitions to suspend the debenture law and related taxes. They argue the state treasurer could be on the line for half a million in debentures if the law is repealed by referendum. The group questions emergency clauses and calls some Beall deliment tax features acceptable while decrying other sections. They warn current finances could provoke revolt if enforcement proceeds and vow to include the law in a referendum if Governor Seligman does not call a special session.
MENTIONED IN THIS ARTICLE
Federation
Seligman
Doris Advises Couple to Wait for Marriage
Doris Blake counsels a 23 year old engaged mechanic earning 25 dollars weekly and a 23 year old housekeeper earning 26 with room and board to delay marriage. They fear budget strain if she quits work and worry about job security and housing costs. Save and wait a year to build a nest egg before gambling on the future.
MENTIONED IN THIS ARTICLE
Doris Blake
Yough
Stalin Reviews Massive Moscow Rally After 101 Gun Salute
A crowd of about one million people including 35 000 to 50 000 troops filled Red Square as Joseph Stalin and other officials watched from the reviewing stand. Tanks with three inch guns appeared for foreign spectators, while Clemence Voroshilov proclaimed workers of the world and denounced Western demonstrations. Police rifles stood ready as the procession continued into the evening.
MENTIONED IN THIS ARTICLE
Kremlin
Communist Party
Lenin
Moscow
Metropolitan- Vickers
Clemence Voroshilov
Av Police Rifles
Senate approves farm relief inflation program in swift action
Congress moves on the farm relief inflation package with Senate approval of the program and House action earlier on price lifting and mortgage easing. President Roosevelt launches the second phase of international talks while pushing domestic recovery measures including rail and public works proposals. Senate and House race to finalize farm relief provisions for this year’s crops, with Wallace coordinating a full program ahead of final cap to limit delays.
MENTIONED IN THIS ARTICLE
Senate
House
Roosevelt
Capitol Hill
Muscle Shoals
Wallace
Mothers and Babies First in Child Health Day Drive
The American Child Health Association marks its ninth Child Health Day with the theme Mothers and Babies First. The program urges public and private groups to unite to protect and nourish mothers and infants, stressing early care for normal growth. The Conference of State and Provincial Health Authorities now leads the effort with support from regional health offices.
MENTIONED IN THIS ARTICLE
Gladys Huntington Bevans
American Child Health Association
Conference of State
North America
Committee of
Ually
We Have Modern Equipment for Our Valued Customers
Old Mission Beauty Shopper advertises up to date machinery and skilled operators. The note emphasizes desirable work and customer service, listing a contact phone number and location as 182 219 N Majn Avenue.
MENTIONED IN THIS ARTICLE
N. Majn
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New York Stock Exchange
Alegnyi
Iintcome
Amcar&f
T&t
Nash Mtr
Amwinpf
Nat Cash
Nat P&l
Atchion
Nevada
Cor
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Ctt
Bai Loco
NY Ontw
B&o Rail
Nftk
Wst
Na Aviat
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Nor Amn
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Packard
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Phil. Pet
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P Arrow al
C&orail
Pullman
Chi Ri&p
Chrysir
Coca
Col
G&e
St L&s F
Dregs Inc
Elec
Trans Am
Gen Food
Genrsig
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Gil Raz
Uni Corp
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North
Jack Lewis
Edd Pippen
Phoenix
Henry Morgenthau
Turkey
Bratton Bill
Doris
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the American Child Health
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Conference of Health Authorities
Seventh Avenue
Texas
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Fogmist Chukker
Suntouch
WARD
Montgomery
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