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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
May 07, 1941
Page
6
A Roswell reader recalls a marathon ad jibe about a turning turtle and warns against oil claiming miraculous repair. The piece ties Marathon Timed gasoline to steady summer miles, then pivots to a flood water rights scare and a call to remove the danger by self preserving action before diplomacy.
Wall Street mixed stocks on May 7 as traders sought slim profits with non ferrous metals providing a firm backbone. Transactions reached 550 900 shares while early gains in steels rails and motors faded. Leading shares included Kennecott Cerro DePasco International Nickel Air Reduction Union Carbide United Aircraft U S Rubber and Montgomery Ward. declines appeared in Texas Corp and Youngstown Sheet.
Eastman, Du Pont, Great Northern Preferred, Chesapeake and Ohio, North American and Pacific Gas fell to new yearly lows as the market eased after early firmness. Commodities moved mixed with cotton advancing 25 to 50 cents per bale in a seven day rise. Chicago wheat closed up 1 1/8 to 2 1/8 cents a bushel and corn gained 5/8 to 1 cent.
New York fashion expert Harry Fisher visited Roswell today touring the local Sears Roebuck store. He was accompanied by Sears staff Odell Hunter and W. M. Flynn.
Stocks closed with many names showing moves from gains to losses amid broad activity. Major listings include AmAil 44 AmCan 79 1/2 AT&T 149 5/8 GenElec 28 3/4 USSteel 53 1/2 StdOilC 22 1/2 TexCor 38 3/4 BoeingA 14 Chrysler 56 5/8 SearsRo 70 and USGyp 56 5/3. Cotton futures dipped with May at 12.10 and July at 12.07, while wheat and corn futures in Chicago showed modest shifts and bonds finished firmer.
Boston on May 7 reports steady demand for domestic wools with combing bright fleeces three-eighths and quarter-blood grades selling at 45-56 cents in grease delivered. Semi-bright fleeces average 40-42 cents grease delivered, while occasional sales in original bag fine territory wools hold firm at 1 to 1.03 dollars scoured.
Butter receipts 1 187 077 creamery 93 score district prices 35 1/4 to 34 1/2. Eggs receipts 52 214 dirties 18 3/4 checks 18 1/2 storage packed extras 23 1/4 firsts 23. Poultry live 28 trucks steady broilers 2 1/2 lbs and down Plymouth Rock 21 with other prices unchanged.
Galveston Texas May 7 spot cotton held with a slight drop as middling cotton traded at 11.70 cents per pound. Market activity recorded 750 bales sold with steady prices overall for the session.
New Orleans spot cotton ends steady to 1 point lower with sales of 2,858 bales. Middling prices at 1231. West Texas sees light showers in the northeast this evening, otherwise fair conditions through Thursday.
Too Late 10 Classify ws ree ew- AS GOOD as new Electric Refrigerator six ft capacity. Cost owner 185. Will discount 100 and give terms. Carl Johnson of course. For Sale My Sawed Off and cut down Model T Ford 10 as is. Carl Johnson of course. For Sale or Trade Complete Grocery market and station 408 East Second Regular 5.00 machine per manent 3.00 and 5.00 machineless permanent 3.50 Elite Beauty Shop Phone 749.
Hogs: salable 3,300 total 3,300. prices mostly 5-15 higher than Tuesday with top 8.70. weigh 160-270 lbs 8.50-8.65. 180-300 lbs 8.30-8.50. sows 17.40-17.65. Cattle: salable 2,500 total 2,600. calves 300 total 350. fed steers and yearlings steady, large yearlings and stockers steady to strong. bulls and vealers steady. stockers scarce. best Kansas fed steers 11.75 per cwt, loads 11.65 for 1198 lb. light steers 11.00, medium/good 9.00-10.75, down to 8.00 for common. Heifers 11.00 for best, Colorado origin good 10.00-10.35. cows 7.25-8.00, good to choice dealers 10.00-11.50, few 12.00. Sheep: salable 7,000. early native spring lambs strong to 25 higher. no sheep or fed lambs sold early. choice 80 lb Kansas lambs 12.00, many trucked-in lots 11.50-11.75.
New York May 7 wool top futures hit seasonal highs as short covering and buying advance amid reports of higher western wool prices. Grease wools gain then soften with May 97.0B, Jul 97.0B, Oct 97.2B. spot grease 97.0N. Wool top futures up 0.4 to 1.0 cents. May 131.6B, Jul 128.6, Oct 125.8B. spot tops 132.5N. B-Bid N-Nominal. Also Andersons Gardens advertises fresh home grown asparagus.
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