Wall Street Noses Test as Markets Pause in May
New York May 7 AP Markets avoided bold moves with many investors holding steady. Major equities drifted downward in quiet trading while bonds showed irregularity and grains and cotton retreated. Oil shares led minor gains as petroleum outlook improved, with total volume around 813,210 transfers.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Commission House
American Crystal Sugar
Seaboard Oil
Standard Oil of New Jersey
Amerada
U. S. Smelting
American Smelting
Cerro de Pasco
North American
Spiegel-May-Stern
Eastman Kodak
Coca-Cola
American Telephone
U. S. Steel
Case
Columbian Carbon
Union Pacific
Delaware & Hudson
N. Y. Central
Chrysler
Kansas City Livestock Market Report May 7
AP-US Dept of Agriculture summary from Kansas City shows hogs at 2,500 head with top 8.75 for 200-223 Ibs. sows 275-500 Ibs at 7.00 to 8.10. Cattle and calves totals near 5,500 with steers 1100-1300 Ibs at 30.75 to 14.25, heifers 550-900 Ibs 8.50 to 11.25, cows 7.00 to 8.50, vealers 5.50 to 8.50. Stocker and feeder steers 6.50 to 10.00. Sheep 11,000 with clipped lambs 6.56 to 7.00, springers 8.75, native ewes 4.00, spring lambs 8.00-7.5, lambs 90 lbs down 6.50 to 7.10, yearling wethers 5.00 to 6.00, ewes 3.00 to 4.00.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
Ap-Us
Arizona
Chicago grain prices May 7 closing figures
Chicago grain prices show May wheat 95 1/8 with July 94 7/8 and September 95 3/8. Corn May 89 1/4, July 81 5/8, September 76 1/2. Oats May 45, July 37 5/8, September 35 3/4. Rye May 56 7/8, July 56 7/8, 58 1/4 in August. Arley May 62, July 59, September 5&8. Lard May 12.60, July 12.75, September 12.90. Bellies May 16.70, July 16.70.
MENTIONED IN THIS ARTICLE
Chicago
Arley
Boston Wool Market Shows Mixed Demand in May Trade
Boston wool buyers showed interest in combing 48s to 1/4 blood Ohio fleeces at 23 to 23 and a half cents per pound greasy. Finer 64s and above sold 63 to 65 cents scoured. Bulk French combing 64s and finer territory wools moved at steady prices versus last week.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Ohio
U S Bonds Market Brief From AP
U S bonds reported by Associated Press with Treas 4 1/4s at 47-52, 116.10 and Home Owners 4s at 51, 100.31. Fed Farm Mtg 3s at 49, 101.29 and Fed Farm Mtg 3 1/4s at 64, 103.24.
MENTIONED IN THIS ARTICLE
U. S. Bonds
Associated Press
Treas
Fed Farm
New York Cotton Quiet but Steady on Moisture Worries
New York cotton traded quietly but steady as scattered buying supported by forecasts of excess moisture in the central belt. July rose from 11.73 to 11.78 and held, with May at 11.76 and July 11.78 at one point. Spot middling 12.15. Curb quotes show mixed activity across listed issues and prices.
MENTIONED IN THIS ARTICLE
New York
Central Belt
Galveston Cotton Market Stays Steady at 12.20
In Galveston on May 7, spot cotton held steady with middling grade priced at 12.20 cents per pound. Sales totaled 2.51 bales in the market, reflecting stable demand.
MENTIONED IN THIS ARTICLE
Galveston
New Orleans Cotton Quiet as Quotations Unchanged
New Orleans May 7 Spot cotton closed quiet at unchanged quotations with sales totaling 9 bales on the day. Forthcoming markets show steady demand as prices hold firm in early May trading.
MENTIONED IN THIS ARTICLE
New Orleans
Hooded abduction probe expands near Tohatchi Gallup
In Gallup New Mexico on May 7 authorities widened a desert search southeast of Tohatchi for hooded captors who abducted David Levinson of Philadelphia and Robert Minor of New York on May 2. The pair, who had come to defend 10 men in a Gallup murder case, reported hooded men released them near Tohatchi after a prior search failed to yield evidence.
MENTIONED IN THIS ARTICLE
Gallup
N. M
Tohatchi
David Levinson
Robert Minor
C. R. McIntosh
Levinson
Philadelphia
Minor
New York
Fence Around Chaco Canyon Monument Funded
Washington May 7 AP protection for Chaco Canyon National Monument is assured with a $30 000 grant from the Public Works Administration to run about 50 miles of fence to keep livestock out of the site in New Mexico.
MENTIONED IN THIS ARTICLE
Washington
Public Works Administration
Chaco Canyon National Monument
N_ M
Labor Pushes Amendment To Pass Pension and Social Security
Washington May 7 The American Federation of Labor executive council votes to propose a constitutional amendment if needed to aid passage of the railroad pension retirement plan and the pending social security legislation.
MENTIONED IN THIS ARTICLE
Washington
American Federation of Labor
Death Toll in Plane Crash Reaches Five
The TWA airliner crash near Atlanta Missouri claimed five lives including Senator Bronson Cutting of New Mexico. Pilot Bolton and co pilot Greeson were killed. survivors described the fog, low gas, and efforts to aid victims as rescuers gathered.
MENTIONED IN THIS ARTICLE
Nolan
Harry Rhoades
Harry
Bolton
Los Angeles
Richard Wallace
Paul Wing
C. G. Drew
John Miljan
Bronson Cutting
New Mexico
Hollywood
C. B. Drew
Santa Monica
Calif
Harvey Bolton
Kenneth H. Greeson
Senator Cutting
Greeson
Jeanne Anne Hillias
Kansas City
Everett Wiggans
Wiggans
Department of Commerce
Kirksville
Senate Moves on Patman Inflation Bill Amid Telegram Backing
House votes to pass the Patman inflation bill as telegraph messages from Father Coughlin flood senatorial offices. Chairman Harrison and administration leaders back Patman to ease sustaining a veto over Vinson’s measure. Roosevelt expected to veto. Senate accepts Patman 54 to 30 in Washington on May 7 AP report.
MENTIONED IN THIS ARTICLE
House
Charles E. Coughlin
Detroit
Chaiman Harrison
Senate Finance Committee
Patman
Vinson
Senate
Roosevelt
Adams
Cosquigan
Hatch
Sheppard
Connally
Dow Re elected Equitable Head in Annual Meeting
Hiram M. Dow was reelected president of the Equitable Building and Loan Association at yesterday's stockholders meeting. S. P. Johnson and E. G. Minton were named vice presidents while John W. Minton became treasurer and assistant secretary. Directors Dow, A. H. Pruit, S. P. Johnson, John W. Minton, and E. G. Minton were reappointed. The body adopted a new amortized loan plan at 7.2 percent annual interest with example repayments of 1000 dollars in 154, 116, or 86 months for monthly payments of 10, 12, or 15 dollars respectively. Officials described the plan as borrower friendly, with interest charged on remaining principal. The association, organized in November 1913, reported assets of 743,545.88 dollars and offered new home loans or refinancing services.
MENTIONED IN THIS ARTICLE
Hiram M. Dow
Equitable Building and Loan Association
S. P. Johnson
E. G. Minton
John W. Minton
A. H. Pruit
Equitable
Senate backs 900 million dollar treasury post office bill
The Senate approved a 900 million dollar treasury post office appropriation and sent it to the White House. The vote aligned with the House for cash payment of the World War bonuses, endorsing the Vinson bill over the Patman plan, and debated funding mechanisms and administration timing.
MENTIONED IN THIS ARTICLE
White House
Washington
Senate
Treasury-Post Office
Treasury
Alcohol Control Division
Senator Bronson Cutting Dies in Plane Crash in Missouri
The 47 year old New Mexico senator and bachelor Bronson Cutting was killed in a Missouri plane crash. President Roosevelt and many officials expressed sorrow as leaders prepared to adjourn the Senate in his honor. Cutting was returning to vote on the bonus bill and had been a sharp critic on veterans compensation. The news prompted tributes from lawmakers across parties about his intellect and service.
MENTIONED IN THIS ARTICLE
Washington
Bronson Cutting
New Mexico
Missouri
Roosevelt
Oliva Peyton Cutting
Dennis Chavez
Senator Cutting
Senate
McNary
Johnson
California
Cutting
Bronson
Copeland
New York
House
Snell
Moxicen
Robinson
Guffey
Pennsylvania
Long
Garner
Shipstead
Frazier
R-Nd
Burns
Sheppard
D-Tex
Gore
D-Okla
Woman Seeks Save Raymond Hamilton
A Houston attorney Camille Openshaw seeks to save Raymond Hamilton from the electric chair through court action. Hamilton, a Texas bank robber and killer, awaits execution Friday in Huntsville. He previously escaped from his cell, forfeiting appeals, but Openshaw vows to exhaust every legal avenue to halt the execution.
MENTIONED IN THIS ARTICLE
Huntsville
Tex
Raymond Hamilton
Hamilton
Camille Openshaw
Houston
Southwest
South
Middle West
Legion Post Resolution on Death of Senator Cutting
The Charles M. de Bremond Post No. 283 in Roswell adopted a resolution at its May 6 1935 meeting honoring Senator Brandon M Cutting. The document praised Cutting for wartime service as a captain defending veterans and his broad vision, and urged posting the resolution, sending copies to the Washington office and the family.
MENTIONED IN THIS ARTICLE
Charles M. de Bremond
The
American Legion
Roswell
Brandon M. Cutting
Senator Cutting
Charles B.bremond
AMI Legion
Depig
Senator Ting
Washington
New Mexico
Hope to Start PWA Projects at Early Date
Secretary Ickes said work on multiple PWA projects under the 4 billion relief program would begin as soon as approved by President Roosevelt. A White House meeting of the allotment advisory committee discussed ready projects, with Mayor LaGuardia set to represent U.S. Mayors on the committee.
MENTIONED IN THIS ARTICLE
Washington
Ickes
Roosevelt
White House
Hée
PWA
LaGuardia
York City
United States Conference of Mayors
Organized Labor
American Bankers Association
Harry L. Hopking
R. Gravis
Dr Goddard To Speak To Roswell Students
Dr R H Goddard noted scientist who works toward rocket data on the stratosphere will speak to Roswell High School students about technical vacations at the high school auditorium on Wednesday morning May 16 at 9 30. The event was arranged by the Roswell Kiwanis Club as part of its Vocations Guidance program with Dick Davis as committee chairman.
MENTIONED IN THIS ARTICLE
R. H. Goddard
Roswell High School
Roswell ‘Kiwanis Club
Dick Davis
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Adam
Atle
T&t
Pullman
Colgate
CongoNa
Con Gas
Reytobb
Safeway
StroLe
St L&sf
Seab Oi
Sears R
Sell U
Soc Vac
SeCal Ebda
Sou Pac
Sou Ry
Sperry Crp
Sta Brds
S O Cal
ConCan
St Oilind
Stdo NJ
Ste Wrn
Stone&w
Lac&w
Studbkr
Dia Mat
Tex Corp
Dpoug Air
Tex Gul
du Pont
Tex Pc&o
Eastman Eaton
Lec P&l
RR . Bra
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TexPiTr
Timkenb
TransAm
Woolworth
Yes
Chicago Grain
Alumno Am
Amn Cyan B
Amn G & E
Am Sup Powli
Ark Nat Gas A
Britlo Mfg
City
Cord Corp
el Bonds & Share
Gulf Oil Pa
Hecla
Humble Oil
Newmont
Nia Hud
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Swift & Co
Texan Oil
Trans Cent Air
On Light & Pow A
Laat
Chaco Canyon Monument
LABOR
U. & Constitution
Gentner
Willam Kaplan
Williams
Weill
Kaplan
Charlie Bledsoe
Gent- Ner
Barnesville
Drew
Manuel H. Davis
Transcontinental & Western Air
Paul E. Richter, Jr
Transcontinental and
Western Air
Henry Sharpe
Dora Mesker
TWA
Mesker
Clifford McCarthy
Relief
the Indian Service
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McCarthy
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Dean .Neimeyer
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Harrison
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Congress
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Oklahoma
Chavez
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Bureau of Air Commerce
East
D-Nm
Dempsey
Pittman
Nevada
Byrd
D-Va
George
D-Ga
Wright Patman
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R-Ore
Legion Post
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United States Senate
Albert Hudson
H. H. Lewis
New Bankers’ Head
Robert C. Glazier
Hartford
Dr. Goddard
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