Stock Markets End Session With Broad Declines
May 2 AP report shows a sharp late selling wave in New York stocks with declines of 1 to 3 or more points across categories after a dull session. Volume totaled 1,408,784 shares as grains dipped then rallied, bullion rose slightly, and government securities remained in demand. Major movers included Dome, McKinney, Auburn up modestly while Spiegel, May, Stern fell about ten points.
MENTIONED IN THIS ARTICLE
New York
U. S&s
Dome
McInvey
Auburn
Cint
Spiegel
Stern
American -Telephone
Johns-Maunilie
Western Trion
U. S. Steel
Roebuck
du Pont
Santa Fe
Columbian Carbon
General Motors
Consolidated Gas
Christer
Bethlehem Steel
Grain futures brief from Chicago market dispatch
AP reports Chicago grain quotations for wheat corn and barley with May and July contracts. Prices show May wheat around 3-4 to 3-8, corn May near 2-8 to 3-8, barley May and September values listed with typical futures bid ranges.
MENTIONED IN THIS ARTICLE
Chicago
Stetemer
Kansas City Livestock Market Summary May Day Figures
Kansas City livestock sales show beef cattle and calves firm to higher with top choice 190-230 lb hogs at 3.45. Cattle including steers 550-1500 lb 5.85-8.25. heifers 4.85-6.25. cows 3.50-4.00. Sheep and lambs steady to higher with best native spring lambs above 11.50 and 10.75-11.65 for spring lambs. 90 lb lambs 8.50-9.00. yearling wethers 6.70-8.00. ewes 3.50-4.35.
MENTIONED IN THIS ARTICLE
Kansas City
Food consumption report shows rapid mill use in March
Boston reports from the Bureau of Census indicate that mills consumed food during the first quarter at a rate higher than suggested by wool prices in the Boston market. Trading was light with a firm price level. eight months wool sold around 78 cents, while good French combing wools sold at 82 83 cents scoured in original bags.
MENTIONED IN THIS ARTICLE
Boston
Bureau of Tensus
Cotton futures steady as May gains ease midday
New York cotton markets moved higher early by about 1.09 per bale amid buying, then retreated with light offerings. May futures gained 1 cent to 12N, July around 10.95-97, with the session closing very steady and spot middling at 11.00, nominal.
MENTIONED IN THIS ARTICLE
New York
Spot cotton steady in Galveston as sales rise
In Galveston Texas on May 2 spot cotton remained steady with 20 up middling at 11.05 cents. Sales reached 302 bales as buyers watched markets closely.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Stock Averages May 2 1934 Indlts and Prices
Stock averages for May 2 1934 show indices and prices with notable figures. The data lists today yesterday and prior day values for several industrials including prices around 92.2 and 94.2 with 480 shares noted, reflecting market activity from Standard Statistics Co.
MENTIONED IN THIS ARTICLE
Standard Statistics Co
Liberty bonds, Treasuries close in New York trading
Liberty bonds closed with first 41-48 at 33-38 and 104.3 on a May 2 New York session. Treasuries 4 1-4s traded 47-52 at 111.6. Federal Farm Mortgage 3 1-4s moved 64 to 102.3 and Home Owners Loan 4s ranged 43-51 at 1090.16.
MENTIONED IN THIS ARTICLE
York
Mayee
FollJowinge
New York , Stock Exchange
Adam
Air Weap A
T&t
Alaska J
Alleguy
Jns
Mvil
Aic&dy
Whencott
Yaass
Am Can
Lambert
Amr&forp
al MackTr
Amer P&l
Amr Pl&pt
Am St
Smeltr
Fdr
Nat Dist
Nat P&l
At&sf
Nftk West
AubAwuto
Nor’ Am
Ball Loco
NorAmPf
Nor Pac
Bal Loco Ohiq
O11
B&o Ratl
OwTlll
Barnsdl Pac
D&e
Beatric
Packard
Bendix
ParPrert
Beth
C&o
P&p
G&e
C ‘ornPro
SOND
Coty
Ste Wrn
Curt’ Wre
Dlac& W
St&Whbstr
Dia Mat
Studbkr
Doug Alir
TexCorp
du Pont
Tex. Gul
Eastman
Texpc&o
TexPilfr
Elec P&l
Timkenb
Erié
Trans Am
Wera
Firet&r
UN Carbi
Foster W
Fox “Fa
Tex
Air
GimbiPt
Smelt
Glidwen US Steel
Goldart
Goodyer
Util Pla
Wadsco
Gwsugr
Vanadum
Hershey
Warn-Pix
WestMid
Howe Snd
West’ UN
Weet Air
West H&m
Woolwrt
Yel Tr&c
New York
Liberty Bonds
Treas
Fed Farm Mtg
Spot cotton steady in New Orleans at 11.90 middling
In New Orleans on May 2, spot cotton held steady with a 15 point uptick. Sales reached 300 bales as middling quality priced at 11.90.
MENTIONED IN THIS ARTICLE
New Orleans
New York Card Scores Big Trade Totals
The Associated Press lists stock quotes for several companies and products including Amer G&E, Brillo Mfg, Ford Ltd, Humble Oil, Libby N, Newmont, Texan, Trans Air, Unit Verde, and others with mixed price ranges and daily changes. Detroit and city names appear among regional listings.
MENTIONED IN THIS ARTICLE
New ‘Lork
Associated Press
Alum Co Am
Am Cyan
Amer G&e
Amer Mar
Amer Sue Pdw
Assoc G
Assoc GE EA
Brillo Mfg
City Sve
City Sve Prd
Card Corp
Cresson
Detroit
Air
el B
Ford Ltd
Gulf of
Humble Oil
Ind Ter A
Libby N
Newmont
Ning Hud
Penn Road
Seiberling
SO Ind
Swit & Co
Texan
Trans Air
Unit Gas
P&él
Verde
Home loan office moved within J. P. White building
The home loan office was moved yesterday afternoon from room 225 to room 211 in the J. P. White building, keeping operations on the same site.
MENTIONED IN THIS ARTICLE
Home Loan
J. P. White
No barrier for life happiness by Doris Blake
A discussion on a publicized scandal ending in suicide, urging women to reject despair and pursue an honorable, active life. It argues work gives life meaning, emphasizes rebuilding career and health after trauma, and rejects dwelling on past harm.
MENTIONED IN THIS ARTICLE
Doris Blake
Senate plans 10 juggle with bills
Washington May 2 AP Senate leaders planned a juggling of the legislative calendar after clearing the corporate bankruptcy bill. Quick enactment of the second bankruptcy bill in two days was predicted as the House moved a tax measure and debates continued on the Fletcher stock market bill and other proposals. The Senate eyed top priority for the race for electoral college abolition and pure food laws while awaiting a possible quick tax bill action and noting President Roosevelt vetoes on wage bills.
MENTIONED IN THIS ARTICLE
Washington
Senate
Norris
Copeland Pure Food, Drug and Cosmetic
Administration
Robinson
House
Roosevelt
South Dakota primary totals show Berry and two congressmen renominated
Returns from South Dakota's primary election indicate Democratic renomination for Governor Berry and Congressmen Hildebrandt in the First District and Werner in the Second District. Republicans face undecided contests as no candidate reached the 15 percent or 35 percent thresholds, with a state convention to decide in June if needed.
MENTIONED IN THIS ARTICLE
Sioux Falls
S. D
South Dakota
Tom Berry
Fred H. Hildebrandt
Theo B.werner
G O P 10 Fight Cuts in Tariff
Washington May 2 The Senate Finance Committee approved the reciprocal tariff bill with an amendment requiring hearings of affected industries before any tariff reductions take effect. The House had already passed the measure empowering the President to negotiate trade agreements. The amendment favored by Roosevelt was accepted without a roll call. Agricultural opposition voiced by the American Farm Bureau Federation and the National Grange. Senator McNary called GOP senators to a meeting later in the week to map strategy.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
House
Roosevelt
Senate Republicans
Chester H. Gray
American Farm Bureau Federation
National Grange
Gray
McNary
Oregon
G.O.P
John Gilbert Divorce Filed by Fourth Wife Virginia Bruce
Virginia Bruce Gilbert, fourth wife of actor John Gilbert, files for divorce in Los Angeles describing him as arrogant violent and abusive in the complaint reported May 2 by AP.
MENTIONED IN THIS ARTICLE
Los Angeles
John Gilbert
screen _ Jover
Virginia Bruce Gilbert
The
Follies
Heflin presses comeback in Fifth Alabama race
In Alabama Democratic primary returns from 62 of 246 boxes show Miles Allgood leading J. Thomas Heflin by 2,310 to 1,591 with Major Joe Starnes at 1,474. If trend continues Heflin known as Cotton Tom may face Allgood in the June 12 runoff. Graves leads governor race. Jeffers and Huddleston face opposition. other incumbents trail despite leads.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
United States
J. Thomas Heflin
Alabama
Heflin
Miles B. Allgood
Chambers
Allgood
Helin
Joe Starnes
Guntersville
Cotton Tom
Heilin
Bibb Graves
Lamar Jeffers
George Huddleston
Jefferson County
Referse
Sam F. Hobbs
Selma
Huddleston
W. B. Oliver
A. H. Carmichael
Graves
Frank Dixon
Leon McCord
National Democratic Executive
Building permits issued in April total 5915 dollars
City clerk issued permits for repair remodeling and new construction in April totaling 5915 dollars. Projects include repairing a roof at 309 North Washington 325 dollars and remodeling at 100 North Michigan 250 dollars. Other notable items are a new adobe house at 405 North Union 1200 dollars and a rebuilt interior at Trieb's Capitan Theatre 200 dollars.
MENTIONED IN THIS ARTICLE
Roswell Building and Loan Association
North Washington
Arthur Peterson
North Union
J. M. Lusk
South Missouri
Kelley
East Albuquerque
Lea Rowland
North
Michigan
Moseley
Sandwich Shop
East Second
Trieb’s
Capitan Theatre
Two Held After Store Hold Up and Shooting
A store owner reports two men forced entry before dawn demanding gasoline and cigarettes. When refused, he was held up and shot in the left thigh. Police found blood in a car at Otis Junction on the Bloomington Albuquerque highway and arrested one suspect. the other was later captured.
MENTIONED IN THIS ARTICLE
Otis Junction
Bloomington - Albuquerque
Robles family awaits word as six year old June remains missing
Fernando Robles and his wife brace for further hours of anxious waiting while investigators pause routine actions. Grandfather, Arizona cattleman, keeps ransom cash ready in a mix of five ten and twenty dollar bills as police and volunteers search Tucson and surrounding areas in Arizona’s largest man hunt.
MENTIONED IN THIS ARTICLE
Robies
Fernando Robles
Bermade Robles
Pioneer
Arizona
June
Echoo
Robles
Department of Justice
Robertson critiques recovery plan critics and brain trusters
Robertson responds to business objections to condemning the shell due to bad pairs and attacks A. A. Berte Jr., a brain trust member quoted as saying workers care only about a machine that works, regardless of whether it embodies rugged individualism, fascism, communism, socialism, or similar concepts. He admits the scope of such planning is breath taking.
MENTIONED IN THIS ARTICLE
A. A. Berte, Jr
Robertson
Berle's Legal Standpoint Sparks Wide Public Debate
A remark by A. A. Berle Jr. prompts intense discussion across the nation about the scope and impact of governmental action. Advocates say the issue touches millions, while supporters view it as a necessary policy adjustment. Public reactions vary, reflecting diverse views on federal power and individual rights.
Rulings On May Payments From Old Accounts
Rulings note that May payments from earlier accounts must be segregated from gross receipts of the business. If segregation is not done, the merchant will lose the tax as he will have to pay.
MENTIONED IN THIS ARTICLE
Veryone
Blatz
Girls Welfare Home May Get Addition in New Mexico
Albuquerque, May 2 The State Girls Welfare Home now houses 25 more girls than capacity and may receive a new addition under the FERA program. Project manager E N Boyle met with superintendent Florence Perkinson to assess needs, with construction materials funded and payrolls possible if the project proceeds. A board meeting Friday will discuss the FERA proposal for a new wing, grounds improvements, and general repairs.
MENTIONED IN THIS ARTICLE
Girls’ Welfare Home
Albuquerque
N. M
FERA
E. N. Boyle
Florence Perkinson
Also Mentioned on This Page
Wall Street
U. 8
Do. A. Christopherson
W. C. Allen
McNally-Hall Motor Company
J. E. Johns
South
Mr. J
Stanford
N. Main St
Fort Worth
Texas
Pr. Pierce
Harley Sadler
Big Tent Theatre
Peo
OWL Drug
A. A. Berle, Jr
Srey
Milwalg
Levers Bros
Blatz Brewing Co
N. Va
Roswell, N. M
Milwaukee
Ld Heidelberg
Lee Cet
Lee
Schuler Funeral Directors
Main
Schuler
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