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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

May 14, 1940

Page

5

Wall Street Slump Deepens Amid European Reverses

May 14 Brooklyn stock market sees a broad selloff with 2 to 15 point losses and a 3,661,200 share turnover the largest since last September. Leaders such as Du Pont Dow Chemical Union Carbide and U S Steel fall while Allied fears and U S involvement weigh on sentiment. Commodities weaken with cotton wheat and corn sliding and several curb names including Aluminum of America Gulf Oil and Master Electric dropping.

New York Wall Street United States du Pont Dow Chemical Union Carbide American Telephone Westinghouse Eastman Kodak Chrysler General Motors U. S. Steel Bethlehem Sears Roebuck Montgomery Ward J. I. Case Douglas Aircraft American Smelting Public Service of N. J Sterling Aluminum of America American Cryanamid B.” N. J. Zinc Electric Bond & Share Creole Petroleum Gulf Oil Mead Johnson Master Electric

Kansas City Livestock and Market Summary May 14

Cattle and hogs totals indicate moderate sale activity with hogs 15-20 lower on average, cattle steady to higher on early sales, calves and stockers steady, sows down to 10 lower, market opening slow for sheep with higher asks. Includes mixed commodity listings from CURB MARKET NEW YORK and BOSTON WOOL, plus Chicago grain and New York stock quotes.

Kansas City USDA Missouri New Boston

Dutch Holdouts and Allied Hope Amid Dutch Front

Dutch forces report new positions along a Utrecht defense line as German blitzkrieg advances push toward Rotterdam. Dutch radio broadcasts Queen Wilhelmina pledging unity with Allies and God’s grace. French reinforcements reportedly reach eastern North Brabant while Dutch- and German-held fronts bend toward Rotterdam and the Maas.

Netherlands Navy North Holland den Helder Utrecht Henri Gerard Winkelman Holland England Wilhelmina Community of States Netherlands Grebbe Line Ijssel Meer Amsterdam the Hague Rotterdam North Brabant Diep Moerdijk Dordrecht Waalhaven Grebbe Amersfoort Rhenen Peel Marshes Maas North Brabant Belgium

Dutch Army Chief Says Defense Duty Lies With Him

General H. G. Winkelman, commander in chief of the Dutch army and navy, bears the responsibility for defending the Netherlands in the event of a German invasion. The statement underscores leadership during looming military tension and the nation’s defense posture as war clouds gather.

Netherlands H. G. Winkelman

Navy Defenses to Seek Funds via Taxes or Debt

Navy officials urged lawmakers to finance a larger defense build by new taxes or raising the debt limit. Rear Admiral Robinson urged about 250 million of a 200 million increase for hulls, machinery, ordnance, and armor, and suggested a three-shift operation for shipyards. He warned nine months would be needed to reach full speed, with 3-7 months saved per ship. The Roosevelt administration planned to outline defense appropriations later in the week.

S. M. Robinson House Naval Committee Robinson Navy Vinson Dga Mr. Roosevelt Stephen Early Congress Roosevelt Netherlands Belgium Luxembourg Hull American Society of International Law Treasury Morgenthau United

First Pouch Of Time Of Local Airmail Flight

Roswell reports show the first airmail pouch arriving early after dispatch. Northbound flight moved 109 pounds shown as 5,937 pieces with careful cachets and postmark dating. Southbound carried 28 pounds or 1,607 pieces. post office opening times set for northbound 7 20 a m and southbound 3 35 p m.

Washington Roswell

France Struggles in Sedan Meuse Battle Front

German advances overwhelm Belgium and the Netherlands as Sedan falls toward the Meuse line. Allied forces fight to hold the Meuse front while Dutch and Belgian defenses retreat to established lines. Parachutists land in Brussels and Tokyo protests anti Japanese demonstrations flood Basle.

Brussels Belgium Havas Liege Sedan Meuse Netherlands Rotterdam Germany Low Countries North Sea England Belisium Paris Berlin London Amsterdam Grebbe Mexico City Foreign Ministry United States Mexico Tokyo Japan Batavia Nederlands Basel Basel Switzerland France Namur Dinant Montmedy Lonewy Moselle Holland Rhine Belga Utrecht

Ohio Voting Continues Amid Factional Primaries

In Ohio and West Virginia primaries, Gov. John W. Bricker faced no opposition in Ohio while several Democrats vied for renomination. West Virginia saw a factional Democratic fight as M. M. Neely sought governor with CIO backing against state chairman R. Carl Andrews. Roosevelt led North Dakota and Wyoming weighed party guidance on its delegates.

West Virginia Connecticut North Dakota Roosevelt Wyoming Joseph C. O'Mahoney Ohio John W. Bricker Harold Burton Cleveland Dudley White Charles Wharton Kenton

New Orleans Spot Cotton Closes Quiet 49 Points Down

New Orleans May 14 spot cotton settled quietly fourtenths lower by 49 points with sales of 100 bales. Middling grade priced at 9.81 cents per pound.

New Orleans

Ring found decades after Mrs. Kahnert lost it

Mrs. Henry Kahnert never replaced her wedding ring after it vanished thirty years ago believing it would return. Recently W. A. Pate unearthed the ring while digging in his garden at Reedsville Wisconsin, where the Kahners once resided.

St. Paul Henry Kahnert W. A. Pate Reedsville Wis Kahnert

Wool futures slide on weak markets and abroad news

New York May 14 A drop in wool top futures reflected weakness in securities and outside markets and disturbing overseas news. May contract at 96.1, July 94.6, October 94.5. Spot standard tops 102.0, down 1.0. B-Bid.

New York Jly

Galveston Spot Cotton Market Report May 14

The Galveston market notes spot cotton steady with a 50 Down and middling price of 9.66 cents per pound. No sales reported. Facilities and local agents remained quiet as buyers and sellers held to current rates.

Galveston

Maine Republicans nominate first woman candidate for congress

Judge Harley Kilgore, former governor H. G. Kump, and state senator J. Buhl Shahan attended the nomination of Mrs. Margaret Smith. Smith, 39, seeks to fill the late Rep Clyde H. Smith's term in a special election set for June 3. Democrats did not enter a candidate.

Harley Kilgore H. G. Kump J. Buhl Shahan Maine Margaret Smith Clyde H. Smith

Also Mentioned on This Page

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