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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
May 22, 1941
Page
6
Stocks drifted with scattered gains and losses as many issues posted small moves. Key names including AT&T AmAirl Goodyear and United States Steel showed varied results while ceremony gains and losses reflected shifting investor sentiment.
Cadets C C Reid and C C Martin of the International Relations Club of NM M I spoke on The German Problem and South America at a Rotary luncheon directed by Dr J P Williams. Visiting Rotarians Herbert Wilcox of El Paso and Chester Brooke of Humble attended, with guests Eugene McElroy Clovis Sim Kelly Amarillo Burt Aston Roswell and G W Coward Roswell.
Dr Bruce P Conner left for Wenatchee Washington after his brother C B Conner died of a heart attack in Seattle early today. Mr and Mrs C B Conner had visited the Conner family a month ago while en route to New York and Washington DC. Mrs Conner remains in the east and Mr Conner recently returned to the west coast. Arizona fair east portion with showers in high elevations and occasional light rain elsewhere.
Robert Kellahin, seriously ill at his home here, is reported to be weakening day by day. His condition has drawn concern from local residents and relatives amid ongoing care at his residence.
The Cantonment committee of the Chamber of Commerce meets at three o clock this afternoon. Secretary Claude Simpson said the gathering is not for new information but a routine check-up.
Classified notice fragments include a five room house for rent with new interior decoration and a contact for Fred Brenan, a furnished two room house on 909 N. Ky, and a child’s bed with a contact phone. Also list of boys clothing at Art Gift Shop and grain and wool market notes from Chicago and Boston with prices and trading activity.
Kansas City hogs sold steady to higher with top 9.40 and 180 to 220 pounders around 9.30 to 9.35 while lighter pigs brought 8.75 to 9.25. Cattle and calves showed steady to weaker demand with fed steers and cows mostly steady to lower, stockers scarce, some lots up to 10.50 for short fed steers. Sheep sale activity was light with scattered openers and recent clipped lambs near steady. Also reports on New York grease wool futures, New Orleans spot cotton, and New York bond closes.
Butter receipts 1,241,915 weaker with multiple scores listed for different grades. Eggs receipts 39,035 easy dirties and storage packed values shown. Poultry live prices include 44 trucks with hens steady and various weights for broilers and chickens, with several breed notes and price ranges. Other prices unchanged.
Spot cotton in Galveston on May 22 held steady with mid upland around 12.62 cents per pound and a sales volume of 1,250 bales. Buyers and sellers relied on classified ads to negotiate.
Bearish war news blindsided traders in New York turning a cautious two day rally into losses. Major names including U S Steel Bethlehem General Motors and U S Rubber slipped while Northern American Celanese and American Tobacco touched new lows. Wheat corn and cotton fell with bonds rising. consolidation talks in the telegraph industry were floated.
New York May 22 cotton futures ended 5 to 7 points lower with active contracts showing July at 12.99 to 13.0 cents, October 13.13 to 13.15, December 13.20, January 13.20, with nearby May at 13.28 and middlings priced around 13.27 to 13.29 cents.
CURB MARKET NEW YORK May 22 close show mixed quotes for industrials oils and utilities. Alum Co Am Bliss Carrier Corp Cities Service Con G E Bal Pf B Ford Met Ltd Hecla Min Humble Oil Ins Co N Am traded with varied fractions as investors moved on several issues.
Graduate optometrist offers eye examinations and glasses fitting at 309 North Main. Glasses ground in house by expert technicians with immediate duplication of broken lenses. Phone 21 for appointment.
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