Market Slump Dampens Silver Boom On New York Exchange
Stocks edged lower as London silver prices slid and non ferrous shares fell along with much of the industrial list. Chrysler rose on an extra 25 cent dividend and strong first quarter results while General Motors contended with Toledo plant shutdowns. Industrials fell, American Telephone rose, and unions expanded strike talk impacting Buick and other plants amid a rapidly tightening labor picture.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Stock Exchange
London
Chrysler
Chicago
General Motors
Toledo
Cerro de Pasco
U. S
Howe Sound
Eastman
Allied Chemical
Coca Cola
U. S. Steel
Case
Johns-Manvile
American Telephone
Pullman
Westinghouse Electric
Market summary of ore and oil stock prices and bonds
The Associated Press reports a compact listing of stock and bond figures across industries. Prices include Am Co Am 45 1/4 Amu Cyan B 17 1/4 Am G & E 24 1/4 and Gulf Oil Pa 59 1/4 along with other energy and mining names such as Hecla Min 10 3/8 Newmont Min 48 1/4 and Texan Oil 60 5 7/8.
MENTIONED IN THIS ARTICLE
Associated Press
Alum Co Am
Amu Cyan B
Am G & E
Maracaibo
Sup
Ark
Nat Gas A
Agsac G& EA
Syvc
City
Sve
el- Bonds & Share
Ford Mot Ltd
Gulf Oil Pa
Hecla
Humble Oil
Newmont
Enn Road
Swift. & Co
Texan Oil
Unit Verde
New York Cotton Declines on Liquidation and Hedge Selling
New York May cotton fell amid liquidation and foreign selling driven by silver weakness and policy uncertainties. Hedge selling appeared in all crop months while buying remained restricted. July eased to 11.69 cents, futures closed steady around 11.75, with FSpots at middling 12.15.
MENTIONED IN THIS ARTICLE
New York
U S Bonds and Mortgage Rates Listed by Type
The notice lists several U S bonds with current prices including Treas 4 1/4s at 116.27 for 47-52, Home Owners 4s at 100.27, Fed Farm Mtg 3s at 102.10, and Fed Farm Mtg 3 1/4s at 103.27.
MENTIONED IN THIS ARTICLE
The
Associated Press
Treas
Home Owners
Fed Farm
Kansas City Livestock Prices May 2 Hogs Cattle Sheep
AP report from Kansas City lists hogs at 1500 head top 8.75 for 210 lb choice. cattle 1500 head with calves 300. steers 900-1500 Ibs 10.00-14.25. heifers 550-900 Ibs 8.50-11.25. cows 7.00-8.50. vealers 5.50-8.50. stocker and feeder steers 0.50-10.00. Sheep 8000 head with spring lambs 8.35 shippers. native lambs 8.00. shorn lambs 6.60. spring lambs 7.75-8.50. lambs 6.25-6.60. yearling wethers 4.50-5.75. ewes 3.00-4.00.
MENTIONED IN THIS ARTICLE
Kansas City
US Dept
Arizona
Chicago grain closes with mixed May July and Sep quotes
May prices show grains and livestock futures across EAT CORN OATS VE R BARLEY LARD and BELLY contracts. Notable figures include EAT at 97 1/8 for May and CORN May at 88 7/8, LARD May 12.50, and BELLY May 16.75, reflecting standard futures activity in Chicago.
MENTIONED IN THIS ARTICLE
Chicago
Boston Wool Market Report May Shows Mixed Demand
Western grown wools remained active with some houses, while others faced slow demand. Graded 64s and finer territory wools sold around 63 cents scoured. Texas wools 12 months old moved about 62 cents scoured, averages 60-61 cents. Ordinary lots about 58-59 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
US Dept
Territory
Texas
Galveston Cotton Prices Steady as Sales Hit 150
In Galveston on May 2, spot cotton held steady with middling at 12.0. The market reported 150 bales sold, reflecting stable demand for the day amid cautious trading.
MENTIONED IN THIS ARTICLE
Galveston
Trial Proceedings Receives High Court Praise for Dignity and Impartiality
A memorandum for the State notes the defendant was entitled to a speedy public trial. It states the lower court proceedings were supervised by the presiding justice and conducted with dignity, impartiality, and courtesy, reflecting credit on the presiding judge.
Senate Bill continues after NRA clash amid price fixing debates
The Senate debated extending the NRA impact and price fixing limits with amendments from Senators Couzens Black Barkley Costigan and others. The final vote on reporting the resolution was 13 to 4 with party lines and several members voting present, clearing the way for social security consideration and executive sessions.
MENTIONED IN THIS ARTICLE
Couzens
R-Mich
Black
D-Ala
Alabama
Friends of
NRA
Barkley
D-Ky
Costigan
D-Cole
Harrison
George
Walsh
Bailey
Clark
Lonergan
Gerry
Guffey
Keyes
Metcalf
Hastings
Capper
Senate
Senate probes relief funds amid Hopkins stand
Washington May 2 Senators ready a wide inquiry into relief funds and federal demands, seeking details on state shares and information required for grants. Hopkins moves to issue May relief grants from a $100 million pool as Illinois and Pennsylvania resist increased state contributions. Missouri acts to boost relief spending while Louisiana Georgia and Ohio draw attention in the probe. The investigation could track work relief fund disbursement as it flows.
MENTIONED IN THIS ARTICLE
Washington
Harry L. Hopkins
Hopkins
Roosevelt
Illinois House of Representatives
Illinois
Pennsylvania
Missouri
Senate
Appropriations Committee
Couzeng
R-Mich
Louisiana
Georgia
Ohio
Congress
Great Droughts Force Southwestern Indian Relocations
The article describes how sun spot cycles and rainfall tied to droughts correlate with archaeological patterns in the Southwest. It notes wholesale abandonments of multiroom dwellings, including San Juan Mesa Verde sites, around 1276 to 1299, as tribes moved to fertile areas. Similar desertions occurred in the 17th century, with groups like the Tshirege ruin abandoned by 1580, yet the people persisted in their life struggle.
MENTIONED IN THIS ARTICLE
San Juan
Mesa Verde
Colorado
Ancients See Rise and Move of Pueblo Descendants
Archaeologists piece exact dates from telltale marks while noting the living descendants of a ruined culture now dwell in New Mexico pueblos. The piece traces dried streams failed irrigation and harsh sun, with modern adaptations seen in wood carvings, and details vegetation, insects, animals, and climate factors shaping the landscape.
MENTIONED IN THIS ARTICLE
Whech
Pueblos
New Mexico
New Haven
New Mexico Press Association Summer Meeting at Hot Springs
Hot Springs New Mexico May 2 Speakers on topics vital to publishers and business sessions will headline the annual summer meeting of the New Mexico Press Association June 21 and 22 Gov Clyde Tingley and Congressman J J Dempsey will attend along with H D Phillips of Tracy Locke Dawson Advertising Agency Dallas and New York They will discuss The Advertising Agency and the Newspaper A sightseeing trip to Silver City follows the sessions with entertainment provided by Silver City and Hot Springs. The Blue Eagle goes on trial in the Supreme Court in the Schecter poultry case with arguments on constitutionality today and tomorrow.
MENTIONED IN THIS ARTICLE
Hot Springs
N. M
Vita
New Mexico Press Association
R. H. Coleman
Clyde Tingley
J. J. Dempsey
Coleman
H .D. Phillips
Tracy -Locke- Dawson Advertising Agency
Dallas
Tex
New York
New Mexico
Silver City
Black Range
Chevrolet Strike Halts Transmission Units at Toledo
Labor action spreads as the Toledo Chevrolet plant strike stops transmission units, idling 9,000 at Fisher Body in Cleveland and 4,600 across Fisher and Chevrolet plants in Atlanta and Janesville. Cincinnati plants with 2,300 workers join the sympathy walkout, following management shutdown orders.
MENTIONED IN THIS ARTICLE
Fort Smith, Ark
Chevrolet
Fisher
Murty Ohio Co
Cleveland
Bender Body Co
General Motors
Buick
Olaf Hanson
Flint
United Automobile
Buick Motor Car Co
Toledo
Hanson
Fisher Body Co
Atlanta
Janesville
Wis
Cincinnati
Brothers Reunited After World War Separation
In Raton New Mexico two Rogers brothers Gien and Barry of the 45th Regiment 89th Division Were separated Sept 1 1918 while overseas in World War I and were reunited last night by a nightclub hostess who noticed their striking resemblance and prompted the identification.
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New York Steck Exchange
T&t
Ailis
Encott
Amccr&f
iKtrog Gro
Amcmaic
Ijk Lambert
Cry Sug
Lorillard Am&forp
Mack Tr
Am Loco Il
Melinpor
McLellan
Midcpret
If Pl
aPprf
AmRaSt
MiontoCh
MontWa
Amroam
Smelt
Moth
Lod
Murray
Nash Mot
NatBiePf
Wwk
Nat Csh
Nat Dary
Anaconda
Nat Dist
Nat P&l Nh Cap
NY Cdl
Armilipt Arm Fl
Nynh&h
At&sf
Nor Amr
Avia Cor
Phelipa D
BuradMa
Phil Pet
Buster . A? ProGam
Ers Co
Ture Oil
RKO
Rem Rand
Pas
Rail
Et P&p
Safeway Reytobb
StroLead
Chi Ri&p
Schulte Qbrysier
Col Seab Air
Seab Oil
G&e
Sears
Skelly O
Genond
Sto G&e
CornPro
Socalco
StOil Ind
Ice Age
O NJ
C& VW
Stearn
Dia Mat
Stone&w Jouge Air
Studbkr
Pont
TexCorp
Gtman
Tex Gut
Texpc&o
Texpitr
Boat
Timkenb
P&l
Carbi
Foster
Fox
Iinit Corp
US StiPpf
Vadsco
Vanadum
FERA
Leakou
Gonzales
Angel
Las Vegas
Frank Angel
Francisco Gonzales
P. M. Leakoy
F. C. C. Allen
Mercantile
Liberty
Bend
United States Battle Fleet
Los Angeles Harbor
Pacific
Midway Islands
Jayne
Blue Eagle
Supreme Court
Stanley Reed
Schecter Poultry
Roswell-Carrizore Stage and Truck Lines
Roswell
Carrizore
Ali
Roman Meal Co
Tacoma
Wash
Rioney
America
Ward