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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

May 03, 1935

Page

5

Wall Street Stocks Close Mixed as Market Absorbs Data

New York markets end with widespread declines and gains across many blue chips after a busy session. Investors watch key rail and steel shares, while Treasuries hold steady as bond conversions and curb list activity reflect mixed sentiment across sectors. Local commodities and livestock quot King Kansas City round out a volatile trading day.

Wall Street gains as steel and metal issues lead market

Substantial advances in industrial and metal shares gave the New York stock market a firm tone. Leading equities rose while rails lagged, with notable gains for Republican Steel preferred and Inland Steel among others. The market reacted to news on Republic Steel merger prospects and the closing zone remained firm after 953,050 shares changed hands.

New York U. S Republican Steel Inland Steel Republican Men Liggett & Myers American Can Columbian Carbon Chrysler Allied Chemical U. S. Smelting Cerro de Paseo American Smelting American Telephone Coca Cola Consolidated Gas Anaconda Douglas Aircraft U. S. Steel General Motors Bethlehem Union Pacific Repab- Steel Department of Wee ix Corrigan-McKinney Steel Co Republic

Demand for Western Grown Wools Holds Up in Boston

Boston wool market shows continued demand for fine western grown wools with large lots of Argentine and French combing terrify wools offered in original bags at 57 to 58 cents scour. Shorter French combing wools move at about 55 cents. Ohio wool and a 48 5/50 blood wool sold at 23 to 23 1/2 cents grease.

Boston U. S

New crop cotton futures steady on gains as bids rise

New York on May 3 reports futures recovering about 1 per bale from Thursday’s dips due to buying in sympathy with other markets and limited offerings. July futures touched 11.81, with May at 11.85, 11.87, 11.51 to 11.68. Spot middling cotton in New York steadies at 12.25 with Galveston spot at 12.30 and 75 bales sold.

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New Orleans Cotton Markets Close Quietly

New Orleans on May 3 reported a quiet spot cotton market with prices up 7 points. Sales were nil as Middling grade settled near 12.30 cents per pound according to AP notes.

New Orleans

Two Radicals Held for Prosecution in New Mexico Riot

Four others, including three women, faced charges of aiding an escape while 34 participants were released. The case centers on a bloody April 4 riot linked to a purported Communist plot. A.L. Wirin of the ACLU denounced the arrests as frameups and cited county political tensions in McKinley County with Gallup as the county seat.

New Mexico A. L. Wirin Los Angeles American Civil Liberties Union California McKinley County Gallup

Gallup Riots Tied to Unemployment Strike and Kidnap Hoax

In Gallup New Mexico a riot left three prisoners dead and six wounded as sheriff’s officers moved to remove detainees from a preliminary hearing. State police and national guardsmen helped restore order amid accusations of labor strife and land disputes connected to a 1933 coal strike. Authorities investigated a hoax kidnapping claim surrounding defense attorney David Levinson and New York journalist Robert Minor.

M. R. Carmichael Ignacio Velarde Solomon Esquibel aé_e Justice of the Peace Mac Carmichael Victor Campos Gallup American Coal Company Clarence Vogel Gallup Vogel Lynch N. M David Levinson Philadelphia International Labor Defense Attorney Robert Minor New York E. W. Roberts Levinsor State Penitentiary Presley Kelsey

Rain and Snow Fail To Benefit Parched Land

Rain and snow fell in small flakes with a storm too weak to help the parched earth, leaving ground dry and conditions unchanged.

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Kansas City Livestock Kansas City U. S. Dept Arizona U. S. Bonds Curb Alum Co Am Amn G&e City el Bons & Sh Ford Mot Ltd Gulf Oil Pa Hecla Humble Gil Newmont Min Pennroad Swift & Co Unit Unit Verde Chicago Grain Chicago Grain Jiy Rye Wall Street Galveston Idaho Portales Great West Armour’s Campbell’s Clardy’s Products William Lima White Flyer Lady Alice Schilling Packer’s Hamburger Brookfield National Guardsmen Defense Committee Levinson Tucumcari Albuquerque TWA Paul E O'Neal Los Lunas Art Weaterfield Here Highway 366 Albuquerque-Roswell Roswell Raton Santa Fe Las Vegas Clayton Vaughn Clovis el Paso Opex Auto Polish Pia Ibs Ebonol Tae Safeway Stores
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