May Day Stock Rally Intermittent as Trading Dips Widen
Wall Street closed irregularly higher after a volatile session with a sharp late rally erasing earlier losses. Turnover reached 4,121,916 shares as rails led the rebound and utilities gained on United Corporation dividend news. Strong gains in Union Pacific and several other majors contrasted with profit taking, while April employment data from the Bureau of Labor Statistics showed manufacturing up 1.6 percent and payrolls 4.5 percent. Foreign exchange opened weaker with sterling at 3.90375 and French francs at 4.5415 cents.
MENTIONED IN THIS ARTICLE
Wall Street
New York
United Corporation
Union Pacific
American Can
Santa Fe
United Corp
American Tele Phone
New York Central
Delawero
Dupont
Delaware & Hudson
Baltimore & Ohio
Ilinois Central
Delaware & Lackawanna
Marine Midland Corp
Standard Oil
California
Westinghouse
Case
Consolidated Gas
United States Steel
Erican Tobacco B
Montgomeryard
Owens-Illinois Glass
Crown Cork
U. S
Bureau of Labor Statistics
New York Stocks Close May 18 AP Report Dense Lists
A lengthy New York stock market close report lists names and prices across many issues including AmCan AmT&T General Electric American Sugar Bethlehem Steel and Westinghouse. It shows cross sections of tobacco railcar and oil stocks with varied fractional quotes reflecting the day’s trading.
Boston wool price advances lift Ohio fleeces market
Boston reports several fleece grades rising with price moves in Ohio and similar wools. Prices for grease weights 56s and 48, 50s mostly 30 to 31 plus a few higher sales. Clothing staples fetch about 20.76 grease. Combings 25 to 27 for 64s and finer, 24 to 25 for 46s.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Kansas City Livestock Prices May 18 from AP U S Dept of Agriculture
Cattle 2000 head with steady to strong numbers across grades. Fed steers 5.75 to 6.50, south Texas grassers 4.75, heifers 5.00 to 5.65, cows 3.25 to 4.00, bulls to 3.25, vealers 5.50 to 6.50. Hogs 4000 head slow with early top 4.90 for 200-230 lb, 4.75 to 4.85 for 180-250 lb, sows 4.00 to 4.25, stock pigs up to 4.00. Sheep 4000 head killing classes steady, native spring lambs 7.50, best 7.25 to 7.50, wool lambs 7.00, Arizona ewes 2.26.
MENTIONED IN THIS ARTICLE
Kansas City
U. 8
S. Dept
South Texas
Arizona
Grain futures data from Chicago May 18
Chicago grain report shows May wheat at 70 cents and July at 72 cents with a 73 1 2 for September and 75 5 8 for December. Oats prices list steady around 25 3 8 for May and 26 1 8 for September with December at 27 1 2. Currency and mis-typed figures appear, but main quotes indicate May wheat 70 1 2, July 72 3 8, December 75 5 8, oats May 25 3 8, September 26 1 8.
MENTIONED IN THIS ARTICLE
Chicago Grain
Chicago
Ceeatex
Bentember
Uly
New York curb quotes mixed with miners and oil issues
New York market report lists closing bids across several sectors on May 18 AP. Stocks mentioned include Ark Nat Gas, City Soc, Gangs Cop, El B&S, Ford Ltd, Gulf Oil, Hecla Mining, Humble, Newmont, and Texon with varied fractions displayed.
MENTIONED IN THIS ARTICLE
New York
Stock Averages May 18 Report From Standard Statistics
Stock averages for May 18 show mixed results with industrials at 0, railroads at 26, rails and utilities at 20. Current figures: 90, 73.4, 38.7, 87.9, 70.6. Previous day values: 74.0, 38.2, 88.5, 71.0.
New York Cotton Prices Slip After Early Rise
New York May quotes show May at 8.47 and July near 8.60 after an early advance. Late market closed barely steady with 13 to 15 point losses. other contracts ranged from Oct 8.80 to March 9.16. Spot middling held at 8.69.
MENTIONED IN THIS ARTICLE
New York
Galveston Cotton Prices Hold Steady
Galveston Texas May 18 AP spot cotton remained steady with prices down 10 points. Mid-dling at 8.40 with sales totaling 261 bales reported.
MENTIONED IN THIS ARTICLE
Galveston
Texas
Removal demands against Dr Zimmerman at State U
Albuquerque May 18 AP Dissatisfied by a race attitude report a mass meeting committee of Spanish Americans passed resolutions demanding the removal of University of New Mexico President James F Zimmerman and State Education head George S Sanchez. The group condemned Sen Bratton for backing Zimmerman’s appointment as US Commissioner of Education. The panel will meet Governor Seligman to present their demands and criticized Zimmerman for not halting the questionnaire before distribution.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
James F. Zimmerman
University
George S. Sanchez
State Department of Education
Sam G. Bratton
Dr. Zimmerman
United States Commissioner of Education
Zimmerman
University of New Mexico
R. M. Page
Eugene Lujan
A. A. Archuleta
E. A. Perrault
Jesus Romero
Isidoro Armijo
Andres Salazar
Capt
A. A. Sena
Seligman
Sanchez
Bratton
Capt. Sena
Special Investigating Committee
Marriage License Issued to Bell and Brannon
A marriage license was issued yesterday afternoon to Herbert Gene Bell and Virginia Brannon, both of Ft. Sumner.
MENTIONED IN THIS ARTICLE
Herbert Gene Bell
Virginia Brannon
Ft. Sumner
Dr Barnett Relocates Realty Office to North Main
Dr. Barnett T N Barnett will move his realty office from 221 1 2 North Main street to 492 North Main in rooms recently vacated by Dr T E Boggs. The realty company will move tomorrow to the new location.
MENTIONED IN THIS ARTICLE
T. N. Barnett
North Main Street
North Main
T. E. Boggs
Equalization Board Adjourns After County Complaints
The county commissioners adjourned as a board of equalization today after addressing a number of complaints.
MENTIONED IN THIS ARTICLE
Board of Equalization
President Kent Cancels Commencement Addresses
President H L Kent of New Mexico State College cancels planned commencement address engagements at Floyd and Portales due to a severe cold, affecting activities today and Friday in Las Cruces.
New Orleans Cotton Prices Steady at Close
New Orleans spot cotton finished steady with middling to good middling around 14 and a half cents. Sales totaled 822 bales as trading wrapped in quiet afternoon activity.
Vega to be deported after assault charge
Emilio Vega, held in the county jail on assault with a deadly weapon charges, will be deported to Mexico after immigration officials acted today.
MENTIONED IN THIS ARTICLE
Emilio Vega
Mexico
Chuckle Ad Contest Winners Prompt Daily Submissions
Readers mix yesterday’s classified lines into a single Chuckle Ad. Marion Turner seeks a 12 acre farm and apartment space. Mrs Johnson asks for clothes for an old man. Gill and Miss Silver Kennedy list wants and notes leaving town. Wardrobe needs eight week old white puppies reward location. Mail to The Record Chuckle Ad Editor before noon daily.
MENTIONED IN THIS ARTICLE
W. A. Johnson
Walter. Gill
Record Office
Adv
Princess Now Showing The Strange Love of Molly Louvain
Classified ads announce a movie featuring Lee Tracy and Ann Dvorak with Guy Kibbee at Princess theater. Show offers cover the screening of The Strange Love of Molly Louvain and invites patrons to take in the film.
MENTIONED IN THIS ARTICLE
Princess
Molly Louvain
Lee Tracy
Ann Dvorak
Guy Kibbee
Budget appeal for repeal of prohibition
Washington May 18 4AP Lewis W Douglas director of the budget told the house ways and means committee that prompt prohibition repeal would bring an annual 250 million dollars to the federal treasury. He compared tax yields from 1916 17 18 and 19 and estimated spirits taxes could yield at least 250 million yearly.
MENTIONED IN THIS ARTICLE
Washington
Lewis W. Douglas
House
Ways ‘and Means Committee
Federal Treasury
Douglas
Congress
Roosevelt
Dickinson
D-Mo
Exports from New Mexico rise in 1932
Washington reports New Mexico exports in 1932 valued at 820 538 dollars, up from 327 717 in 1931. Growth driven by cotton and manufactures in late 1932, with machinery and vehicles and vegetable food products also rising.
MENTIONED IN THIS ARTICLE
Washington
New Mexico
Statistical Division
Commerce Department
Roswell Medical Society Hosts Visiting Doctors Event
State Medical page notes Carlsbad and Dr Puckett welcome 20 outstanding doctors from outside New Mexico. The program features lantern slides moving pictures a smoker at the Country Club and a dinner dance. Wives are entertained at Nickson hotel with a theatre party. Morning sessions include talks on breast carcinoma and cesarean section with Roswell and El Paso colleagues.
MENTIONED IN THIS ARTICLE
New Mexico
Country Cub
Country Club
Zolf
Nickson
Chaves
H. ©. Henderson
Roswell
H. B. Smyr
M. K. Wylder
Albuquerque
H. A. Ingalls
J. W. Cathcart
Kl Paso
John T. Moore
Houston
James Vance
el Paso
HV. Fall
Duncheon
N.ck- 50N
Coronel J. D. Atwood
Deaths Last Night AP report Lang and Gilbert pass
Leonia New Jersey veteran Frederick G. Lang 82 founder of Tietjen and Lang Drydock Company and supervisor of construction of the US emergency fleet during World War I. Washington journalist Clinton W. Gilbert veteran correspondent and author of Mirrors of Washington dies.
MENTIONED IN THIS ARTICLE
Associated Press
Leonia
N. J
Frederick G. Lang
Tietjen and Lang Drydock Company
Washington
Clinton W. Gilbert
Legion Convention Plans For New Mexico In Tucumcari
Plans for the fifteenth annual American Legion Convention, Department of New Mexico, are under way in Tucumcari. H K Grubbs Post Commander says committees are being appointed, special invitations issued, and a campaign started to make the event one of the largest in state department history.
MENTIONED IN THIS ARTICLE
Department of New Mexico
H. K. Grubbs
State Department
Say you read it in The Record Record Want Ad results
A terse note from The Record references reading i and records a want ad query result. It notes brief results and directs attention to classified listings. The item preserves a local newspaper tone with a concise, factual tease of ad outcomes.
Rhubarb Time in East Grand
Two Record men visited I. C. Greening a noted rhubarb king at his well kept stand. He shared fresh rhubarb with the writers and highlighted how his produce matches its fine appearance with good flavor.
MENTIONED IN THIS ARTICLE
I. C. Greening
Greening
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