Wall Street Opens Mixed Amid Profit Taking Pressure May 5
Stock market activity remained vigorous with heavy trading and profit taking. The market showed strength in industrials and rails near last year’s levels while several leaders edged up or eased. The dollar fell after sterling rose to $4, signaling renewed gold standard tensions and speculative shifts.
MENTIONED IN THIS ARTICLE
Wall Street
York
Reed
Inera
American Sugar Refining
Great Western Sugar
American Telephone
American Tobacco
Westinghouse
Standard Oil of
New Jersey
New York Central
Woolworth
United Aircraft
Cave
Liggett & Myers
Nion Pacific
International Telephone
United States Steel
Anaconda
Goodyear
General Motors
England
Dun. & Bradstreet
New York Stocks and Curbstone Listings Report
Financial notes show mixed activity on New York stocks with many issues quoted. Major names include AmT&T AmSugar Goodyear US Steel and Texco among others, alongside a New York Curbs report with notable closings and the Standard Statistics closing figures for May 5 1933.
Chicago Grain and City Livestock Market Patchwork Report
Chicago grain prices show mixed movement with demand steady for fine combing wools and higher prices for French combing on limited supplies. In Kansas City Livestock News, cattle and hogs through May report active milling classes and softer hogs with top prices around 3.65 for 180 to 220 pounds, lambs steady near 5.35 to 6.50 for selects.
MENTIONED IN THIS ARTICLE
Boston
NSAS
Ptea
Leeds
Ascess
Jets
Arizonas
Arizona
New York Cotton Advances On Steady Liverpool Signals
May 5 AP report notes buying support from steady Liverpool cables and stock and grain gains lifting New York cotton about $1 a bale. July futures rose to high ground before a heavier reaction, mid afternoon steadied near best with 18 to 20 point net gains, late trading rallied on covering. Spot market quiet with middling terms.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Galveston Cotton Market Reports Steady Spot Prices
Galveston market news reports cotton prices steady with spot at 25 and middling grade around 8.25. Industry sources note trading activity remained steady as buyers and sellers assessed current conditions.
White enters race for U.S. Senate seat in New Mexico
In Silver City Speaker Alvan White of the New Mexico House announces he seeks appointment to succeed Sen. Sam G. Bratton. Discussion includes John Morrow of Raton and other lawmakers weighing the option as the legislature considers the vacancy. May 5 AP report notes White would accept if the governor does not want to appoint someone else.
MENTIONED IN THIS ARTICLE
Silver City
John Morrow
Raton
N. M
Alvan White
New Mexico House of Representatives
United States Senate
Sam G. Bratton
White
Prernor
Showoff cuts girl away from many friends
A letter from a lonely young woman laments how a showoff persona cuts her off from friends. The piece argues the real girl is shy but kind, and urges teens to be true to themselves rather than perform for attention. It warns that bold posturing and false humility alienate peers.
MENTIONED IN THIS ARTICLE
Doris Blake
Mabs
Trend of wool prices sharply upward in week
The Commercial Bulletin notes a broad upturn in wool values this week with the west still leading over eastern markets. Buying of wool free from government loans continues steadily as shearing expands northward, with some consignments made and prices rising in foreign markets. Mohair remains firm though slow to move, and the Bulletin lists specific quotations for domestic fleeces, secured basis Texas and California, and regional fibers across several states.
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Boston
West
Bulletin
Domestic
Ohio
Pennsylvania
Delaine
Michigan
New York
Wisconsin
Missouri
Indiana
New England
Texas
California
Middle County
Southern
Oregon
Valley
Territory
Montana
Similar
Kidnapping Case Tied to Lindbergh Ring Said to Involve Local Figure
Boston reports Peggy McMath kidnapping may mirror Lindbergh crime with a local Harwichport man named as the plot’s brains. Massachusetts officials, led by Commissioner Needham, stay quiet on prosecutions until Peggy’s safe return, while police question a Cape Cod suspect released after questioning.
MENTIONED IN THIS ARTICLE
Naped
New Jersey
Needham
Boston
Boston American
Margaret
Peggy” McMath
Harwichport
McMath
Daniel Needham
Massachusetts Commissioner of Public Safety
Peggy
Mass
Cape Cod
Peggy"” McMath
New Orleans Cotton closes steady after gains
New Orleans spot cotton on May 5 closed steady with a 22 point rise. Slatever price 1,412, middling niche at 8.36 per unit, AP reports.
MENTIONED IN THIS ARTICLE
New Orleans
Six- tens Gallon Still Seized Near Artesia
Federal prohibition officers R L Neal Roy Vermillion and Carl Gordon of Roswell seized a sixty gallon still on the premises of Sy Henshaw about a mile west of the Pecos river bridge east of Artesia. Henshaw was arrested and charged with liquor law violations.
MENTIONED IN THIS ARTICLE
Ear Artesia
R. L. Neal
Roy Vermillion
Carl Gordon
Roswell
Sy Henshaw
Pecos River Bridge
Artesia
Henshaw
Textile Quality Figures Across Regions and Grades
Arizona and New Mexico 15 to TM, Oregon 18 to 206. Domestic graded, first comb n7 to 30, second combing 25 to 28, third combing 2 to 24, fourth combing 16 to 18. Good carding 25 to 28, first kid 50 to 55, second kid 40 to 45. Cape winters first nominal 18 to 20, summer firsts 22 to 23, cape summer kids 53 to 55. Turkey best 28 to 30, Turkey good 23 to 25, Turkey fair nominal 18 to 20.
MENTIONED IN THIS ARTICLE
Arizona
New Mexico
Oregon
Fouth
Cape Winters
Turkey
Farm Holiday Factions Back Farm Relief Demands
A southern Iowa convention debated deferment of open declaration until Congress acts on farm relief. Resolutions urged guaranteeing cost of production, resubmitting demands, and issuing one billion dollars in script via an international council. They called for troop withdrawal from Le Mars and Denison, Iowa, congressional money powers, immediate veterans’ pay, cost of production adoption, opposing college dictation, and ending compulsory military training. Milo Reno was reelected president. John A. Bosch elected vice president. Jesse Sickler named secretary-treasurer.
MENTIONED IN THIS ARTICLE
Congress
Association
International Council
le Mars
Denison
Towa
Treasury
Department of Agriculture
Repre
Milo Reno
Des Moines
John A. Bosch
Atwater
No marriages in Quay County jail blocks planned unions
Tucumcari New Mexico May 5 AP. Sheriff Ira Allen refused to allow the marriage of Leonard Beck and Roy Reid to Bernice and Audrey Shipmen while all are jailed on a February homicide charge. Beck and Reid are held without bond. The sheriff said marriages in the jail are improper and couples should wait until after their trial planned for September.
MENTIONED IN THIS ARTICLE
Tucumcari
N. Af
Cupid
Quay County
Ira Allen
Leonard Beck
Roy Reid
Bernice
Audrey Shipmen
Beck
Reid
Lee Marshall
Logan
N. M
Bour
U. S. Dollar Drops in Value in Foreign Exchange Markets
The American dollar weakened across major markets as Britain left the gold standard in 1931. New York Sterling opened at 4 dollars per pound, slipping to 3.97 3 4. London saw 4.07 to the pound, then 3.97 3 4. Paris closed at 21.20 francs and Berlin reached a new low of 3.54 marks.
MENTIONED IN THIS ARTICLE
Associated Press
Britain
New York
London
Paris
Berlin
Examinations Finish for 83 Pre School Children
Eighty three children were given a physical examination today and yesterday as they prepare to start school next year. Miss Flin Yeager, city nurse, oversaw the effort and Roswell doctors donated their services.
MENTIONED IN THIS ARTICLE
Flin
Yeager
Roswell
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