Wall Street Drifts Lower as Gains Fade on May Rush
May 9 AP report from Wall Street shows sagging sentiment with a 2 percent drop from a brief earlier enthusiasm. Silver futures and mining stocks weakened while grains and cotton slipped. bonds were irregular. Eastman Kodak rose over 2 points on dividend news. several majors like U S Smelting, Cerro De Pasto, Howe Sound fell about one point or more.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Eastman Kodak
McIntyre
Dome
U. S
American
Cerro de Pasto
Howe Sound
Union Pacific
Santa Fe
Schemey
Case
American Can
No. 8
Steel
Allied Chemical
Goodyear
U. S. Rubber
General Electric
Western Union
Johns Manville
du Pont
American Telephone
Westinghouse
Seaboard
Dr. Spiegel-May - Stern
Wheat and Corn Futures Brief from Chicago Market News
AP Chicago reports closing futures for May and July contracts across grains. Wheat May 3/8 up. corn May 46 3/4. oats May 34. rye May 56 1/4. barley May 42 1/2. Prices for July and September listed with minor shifts. besl needle shows May 5.80, July 5.97, September 6.20.
MENTIONED IN THIS ARTICLE
Chicago
Market Report From Kansas City Livestock Sale
Kansas City markets show hogs steady to 5 lower with top 3.30 for 180 to 270 pound sows. Cattle receipts around 4000 with 700 calves, fed steers slow and weaker by about 25, feeders down 40 to 50, steers good and choice around 6.85 to 9.00 per 1508 pounds. heifers 4.85 to 6.25, cows 4.25 to 8.65, milk fed veal 3.60 to 6.50. Native spring lambs down about 25, prices listed around 10.15. Lambs choice 10.75 to 10.90. 90 pound lambs 8.10 to 8.65. yearling wethers 6.50 to 7.65, ewes 3.50 to 4.35. Quotations based on ewes and wethers.
MENTIONED IN THIS ARTICLE
Kansas City
Boston Wool Market Shows Firm Tone May 9
Boston market reports strong demand with few sales and most lots held for immediate needs. Original long and territory wools sold around 81 32 cents scoured, while graded combing 648 and finer territory wool moved at 34 86 cents scoured.
MENTIONED IN THIS ARTICLE
Boston Wool
Boston
US Dept Agr
Cotton futures ease after yesterday advances in New York
In New York May 9 AP reports moderate reactions in cotton with eased selling as a technical position improves. Weather news remains favorable and chatter of possible domestic mill curtailment continues. General business quiet. Futures closed steady, May 11.23, July 11.55–11.56, Oct 11.52–58, Dec 11.64, Jan 11.70, March 11.81. Spot steady middling 11.50.
MENTIONED IN THIS ARTICLE
New
New York Bond Quotes and New Orleans Cotton Update
Liberty bonds closed with Fourth 4 1/4s at 28 38, Treas 4 1/48 at 47 52, 111.21. Fed Farm Mtg 3 1/45 at 64, 402.10. Home Owners Loan 46 5 at 100.20. New Orleans cotton steady, down 11 points. middling around 11.44.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds
Treas
Fed. Farm Mtg
Home Owners Loan
New Orleans
Cotton Prices Steady in Galveston Market
Spot cotton in Galveston Texas on May 9 held steady at 19 points lower mid dling grade 11.45 with 375 bales sold, according to AP reports.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Stock Averages May 3 1934 Readings and values
May 3 stock averages show X 60 Ind'ls 20 Ar's 20 At's 90 Tr Today 89.2 and Pry day 90.9 with numerous listed issues. Key quotes include Ford at 9 3/8, Humble Oil 43, Libby MeN 5 5/8, Newmont 50, Silenced figures show mixed gains and losses across industrials and utilities as reported by Standard Statistics Co. via Associated Press.
MENTIONED IN THIS ARTICLE
Associated Presse
Alum Co Am
Am Cyan B
Amer G & FE
Amer Mar
Amer Sup
Ark Nat Gas A
Assoc G&e A
Brillo M‘’g
City Sve
Detroit Air
FAR É& Sbb
Ford
P & Ls
Verde
Kiwanis and Scouts Honor Sgt Duthie in Roswell
The Kiwanis Club hosted a farewell at the Kiwanis Boy Scout hut for Sgt James Duthie retiring from Army service and leaving Roswell after school ends. Troop 4 and Pack 1 members presented gifts, with a program of music and demonstrations.
MENTIONED IN THIS ARTICLE
Kiwanis Club
Kiwanis
James Duthie
Duthie
Roswell
Cubs
Sgt. Duthie
Southwest
United States
Sergeant Duthie
National Council of the
Pay Scouts of America
Albert L. Stubbs
Albert A. Stubbs
Stubbs
Hot Springs
South Dakota
Kiwamis Club
Insull and nine associates face May 15 court date in fraud case
Hinsull in jail and arraigned with next court appearance set for May 15 in the mail fraud bankruptcy matter. Nine business associates charged with Insull have not been arraigned and will join him in court Friday. Insull's son Samuel Junior and his brother Martin will stand at the bar with him. Other defendants include Harold L. Stuart Philip J. McEnroe John F. O Keefe Edward J. Doyle Stanley Field William R. Irwin and Charles W. Daniels.
MENTIONED IN THIS ARTICLE
Insull
Samuel
Martin
Harold L. Stuart
Halsey Stuart & Co
Securities House
Philip J. McEnroe
Corporation Securities
John F. O’keefe
Edward J. Doyle
Commonwealth Edison Co
Stanley Field
William R. Irwin
Charles W. Daniels
Sec
Army plans large air program with 1935 36 purchases
TheArmy announces a wide scale air program funded by the Public Works Administration and new appropriations. It includes bomb loads with large aircraft weapons and requests bids for 30 attack planes. Congress has allotted over $11 million for 1935 aircraft and engineers map 300 to 400 planes for next year. The total program nears $50 million with $30 million for new planes.
MENTIONED IN THIS ARTICLE
PWA
Congress
Army
Air Corps Engineers
Sugar Control Bill Signed by President
President Roosevelt signed the Jones Costigan measure to regulate white sugar production. It sets this year's continental beet sugar quota at 1,550,000 tons and caps cane production at 260,000 tons, pleasing beet producers while opposing shore interests. A separate note mentions a property valuation protest deadline at the courthouse tomorrow morning.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
America
White House
Equalization Board Meet Planned by Chaves County Officials
The Chaves county commissioners will convene tomorrow to sit as the board of equalization. The session aims to hear property value protests and adjust assessments as needed. Local residents may attend to present evidence or questions about valuations and tax implications.
MENTIONED IN THIS ARTICLE
Equalization Board
Chaves County
Board of Equal
Finance Board Corrects Overdraft In Legislative Fund
In Santa Fe on May 9 the State Finance Board resolved an overdraft of 1258.66 dollars in the legislative fund by drawing from the State Tax Commission reserve. The fund had already been tapped for 10000 dollars to cover legislature expenses, and the legislature went 1268.66 beyond that amount, with a 19 dollar fee lowering the net overdraft.
MENTIONED IN THIS ARTICLE
Santa Fe
State Finance Board
State Tax Commission
State Tax and Budget Notes From Special Session
Gov A W Hockenbull mocked critics while outlining a $7500 outlay for administration in the sales tax office and reporting the income tax overdraft of 8394. The session approved a one percent interest deposit rate to June 30 and authorized use of 2500 FDIC insurance. Beall supported a four five six and four mill split among state, counties, schools, and municipalities to fund health work. A new State Game Department truck and a dormitory project for the School of Mines were also announced with federal aid.
MENTIONED IN THIS ARTICLE
Nhen
A. W. Hockenbull
Seth
Byron O. Beall
George W. Armijo
Federal Depository Insurance Corporation
Beall
Tax Commission
EK H. ‘Wells
School of Mines
Home Economics Class Silver Talk at Huff's Jewelry
Miss Mary Dodd guided her junior high home economics class to Huff's Jewelry Store this morning for a lecture on silver designs and the origin of silver presented by Hugh M. Huff Jr. The program highlighted craftsmanship and material history, offering students a practical look at precious metals.
MENTIONED IN THIS ARTICLE
Miss Mary Dodd
Huff’s
Hugh M. Huff Jr
Also Mentioned on This Page
New ‘Yo Stock Exchange
Adam
Krog Gr
Am Créf
Lambert
Améforp
Oco
Ligmyrb
AmMetal
P&l
AmPi&Pt
Mack Tr
AmRdStr
Amt&t
Murray C
Nash
Nat Cshr
Anchor C
Arm
Ill
Nat P&l
Ate&sf
AutoAuto
Na Aviat
Avia Cor
Nor Amer
Bal Loco Pf
B&o Rail
Nor Pac
Barnsdl
Ohio O11
Beatric
Pac G&Ée
Bendix
Packard
Beth Str
ParPoctr
Bob Alum
Park U
Borden
Penny JC
Bulovia
Penn RR
Phelps’ D
R BuradMa
Phil Pet
Byers Co
Cal Hec Ooo
CeoRatl
Cmst
P&p
Emet
PPT
Reytobb
Chi Riep Sa Eway
Chrysir
Ft Tasf
Coca Col
SON J
Dlac&w
St&Whbstr
Studbkr
Dia Mat
Tex S
DougAir
Corp du Pont
Tex Gul
Eastman
Tex Pc&o
Indal
Sige
Gimbel
Gliddén
Stl
Gooldust
Veil Goodyer
Gt Nor Pt
Wads¢co
Gwsuer
Vanadum
Gwse Pt
Warn
Pix Hershey
WestMlid
Homstak
Hous Oil
West Air
Howe
West E&m
Woolwrt
Chicago Grain
Kansas City Livestock
Standard Statistics Co
Scouts
Sgt
Army States
Aes Pr
Chevrolet
Fisher
Chevrolet Motor Company
Detroit
Michigan
G.M.A.C
General Motors
McNally-Hall Motor CO
John Morrow
The
State Game Department
Page Way
Dexter Hagerman
Artesia
Carlsbad
Pecos
Ft. Worth Houston
San Antonio
Carlsbad Caverns
Lave
Carrizozo Stage and Truck Lines
Carrizozo
Pra Io
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