Wall Street Slumps Amid Strike Fears In Steel And Textile
The May 31 stock market closed heavy as renewed strike threats dampened sentiment. Prices fell fractions to about two points. steel issues led the decline, with U S Steel Bethlehem National and Republic near year lows. Wheat and oats advanced limits while other cereals stayed strong. Bond demand persisted, and foreign exchanges eased as several major stocks declined.
MENTIONED IN THIS ARTICLE
New York
U. S
U. S. Steel
Bethlehem
National
Republic
General Motors
Chrysler
American Can
American Telephone
Aled Chemical
du Pont
American Commercial Alcohol
Industrial Rayon
Celanese
Santa Fe
N. Y. Central
Delaware & Hudson
International Nickel
Howe Sound
American Smelting
Kennecott
American Sugar Refining
New York Stocks Close May 31 1934 Ledger
New York stock market closed with numerous issues showing varied gains and losses as daily figures from Standard Statistics list many industrials railroads and utilities. Major names include General Electric, U.S. Steel, Anaconda, RCA, and American Tobacco with iron and coal stocks also reflected alongside oil and auto shares. The Stock Averages stood near 86.4 for the day with prior close around 88.1, indicating modest shifts across sectors.
MENTIONED IN THIS ARTICLE
Standard Statistics Co
Chicago Grain May 31 closing quotes across grains
Chicago grain closes May 31 with Wheat at May: 1.03 1/8, July 1.02 3/8, Sept 1.03 5/8. Corn May 59, July 61, Sept 62 7/8. Oats May 44 1/8, July 44 7/8, Sept 46. Rye May 63 1/2, July 65 3/4, Sept 67 1/2. Barley May 55 7/8, July 56 1/2, Sept 58. Lard May 6.40, July 6.45, Sept 6.72. Bellies May 8.45, July 8.55.
MENTIONED IN THIS ARTICLE
Chicago
Ryde
Stock price list from Associated Press release
A compact stock table lists companies and share prices including Amoco, American Cyanamid, Amoco FenuP-War, Am Mara, Ark Nat Gas, City Social, Gulf Oil, Hecla, Humbold Oil, Newmont, Penn Road, Swift & Co, Texan Oil, United Gas, Unit Power, and others with varied quoted figures for a market update.
MENTIONED IN THIS ARTICLE
Associated Press
Alum Co Am
Am Cyan B
Am Fenup-War
Amn. G
Am Mara Caibo
Am Sup Pow
Ark Nat Gas A
Assoc G & EA
City Soc
City - Soc Pid
Cresson Gold
Det Aircraft
el Bons & Sh
Ford Mot Ltd
Gulf Ol
Hecla Min
Humbje Oil
Ind Ter Wi
Lib McN&l
Newmont Min
Nia Hud Pow
Penn ‘Road
Swift & Co
Texan Oil
United Gas
Unit&Pow
Unit Verde
Kansas City Livestock Market Report May 31
Livestock prices for hogs cattle and sheep shown with weight ranges and grading notes. Hogs steady to higher on 180 pounds, lighter weights weaker. Cattle and calves mostly steady with steer and heifer values in the mid to upper dollar range per hundredweight. Sheep and lambs around steady to slightly lower with spring lambs and yearling wethers active bidders.
MENTIONED IN THIS ARTICLE
Kansas City
US Dept
Wool market reports steady fleece wool sales
Boston dealers traded several grades of fleece wool with moderate quantities. 64s and finer Ohio wools sold at 30 to 26 cents in the grease for combing and clothing, while combing lots brought around 30 cents. Bright fleeces moved at about 58s to 60s grease, 1/2 blood at 82 cents for 56s 3/8 blood and 31 cents for 48s to 50s 1/4 blood, with many houses holding at higher prices.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Ohio
New Mexico Receives Large Federal Relief Grants
Santa Fe reports a new influx of federal funds bringing New Mexico's relief total near six million dollars. Grants cover general drought and educational relief with a ten percent general relief increase totaling 2590 600, plus 96 000 for education and 100 000 for drought relief. Since 1932 the state has received substantial direct relief civil works and commodity aids, aided by a new 100 000 grant for drought counties. Senator Bronson Cutting noted Hopkins advised the grant as a starting relief fund for six drought counties with more to follow after Agriculture reports. No other state has received such aid to date. Separately in Belton, S C, about 500 Belton textile workers struck, alleging excessive workloads and discharge of union men.
MENTIONED IN THIS ARTICLE
Santa Fe
New Mexico
Union
Harding
Irea
Eddy
Roosevelt
Curry
Colfax
Bronson Cutting
Hopkins
Harry L. Hopkins
Emergency Relief
Department of Agriculture
Employment Up in New Mexico Retail Sector in 1933
The Department of Commerce census shows a 20 percent rise in New Mexico retail employment from March to December 1933 under CWA. Despite similar store counts to 1929, total retail sales plunged from 119.8 million to 53.6 million, with full time payrolls and average wages falling substantially. County data lists sales and employment by Bernalillo, Chaves, Colfax, Curry, Dona Ana, McKinley, San Miguel, and Santa Fe, noting part time gains and a 25 percent female workforce share.
MENTIONED IN THIS ARTICLE
Albuquerque
New Mexico
Department of Commerce
CWA
Bernalillo County
Qchaves
Colfax
Curry
Dona Ana
McKinley
Plover
San Miguel
Santa Fe
Chaves
Foldy
Avereze
Cotton futures drift in early decline then steady rally
New York May 31 AP Cotton futures showed an early drop of 8 to 10 points on signals of easy Liver pool cables and favorable weather, followed by a moderate rally. Futures closed steady with July 11.37-38, October 11.58-59, December 11.69, January 11.75, March 11.85, May 11.95. Spot middling 11.55.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Galveston Cotton Market Steady at 11.50
In Galveston on May 31 spot cotton held steady with prices down five points at middling quality level, while sales reached 100 bales. The report notes local activity in the Galveston market as trading continues.
MENTIONED IN THIS ARTICLE
Galveston
Treasury and Liberty bond closes May 31
U. S. bonds in New York end May 31 with Liberty bonds at 103.28 for fourth 4 1/4s and 112.7 for Treas 4 1/48 47-52. Fed Farm Mtg 3 1/4s at 64.01. Home Owners Loan 48 at 101.18.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds
Treas
Fed Farm Mtg
Home Owners Loan
New Orleans Spot Cotton Steady as Prices Slip
New Orleans May 31 AP Spot cotton remained steady with a four point drop as sales reached 289 bales. Middling prices stood at 11.46 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Lightning at Capulin kills farmer in New Mexico
Heavy rains in northern New Mexico cause deaths and injuries. Walter Gordon, a Capulin farmer, was killed by lightning while guiding cattle to his ranch. his son was only lightly hurt and the horse died. A Navajo man on the reservation was injured by hail, and a trucker plus another man were hurt in wrecks during the storm. Over two inches of rain flooded Gallup and damaged homes and roads.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
New Mexico
Walter Gordon
Gordon
Gallup
Santa Fe
Fellowship and NRA Talks at Rotary Club
Rev. H. C. Henderson spoke on Fellowship stressing acquaintance before fellowship and denouncing cliques in towns and groups. The Rotary program praised Rotary’s goal of international fellowship. A five minute NRA update by W. J. McInnes covered Darrrow report price fixing in services and potential future NRA developments.
MENTIONED IN THIS ARTICLE
H. C. Henderson
Rotary Club
Henderson
Rotary
Chbs
Seecking
W. J. McInnes
NRA
Darrow
McInnes
President 18 and Roosevelt Visit Gettysburg amid Naval Review
President Roosevelt sails aboard the Indianapolis at Gettysburg with Josephus Daniels and Secretary Swanson aboard. A cold December scene recalls 1918 harbor reviews as Roosevelt heads to Worcester and Groton School to see his son graduate, amid crowds and a nationwide call for unity.
MENTIONED IN THIS ARTICLE
Sistant
President Coolidge
United States
Daniels
Franklin D. Roosevelt
Roosevelt
Gettysburg
Indianapolis
Swanson
Josephus Daniels
Mexico
Worcester
Mass
Groton School
John
Hyde
Reckless Driving Collision Kills Three Women in New Jersey
In Woodbridge New Jersey on May 31 a man with a reckless driving summons drove into a triple collision on state highway 25. Three women were killed and six other people including two young girls were seriously injured. One car was crushed beneath a truck and two of the victims were decapitated by the truck wheels. The driver, Arsenevic, had the summons in his pocket.
MENTIONED IN THIS ARTICLE
Woodbridge
N. J
Jersey City
Arsenevic
Gallup Mine Strike Remains Off Work After Company Whistle
Members of the National Miners Union local at Allison Coal Mine refused to return to work after a Monday strike protesting the hiring of a company man as a digger. The company had announced a whistle to give workers a chance to report in, but the strikers stood firm.
MENTIONED IN THIS ARTICLE
Galup
N. M
National Miners Union
Allison
Memorial Day Speakers Highlight Baton services
In Raton New Mexico on Memorial Day former District Attorney Fred C Stringfellow and The Rev N Schha were the principal speakers at services attended by an unusually large crowd.
Park home and return to Washington early Monday
A brief note states plans to park the vehicle at home and then travel back to Washington early Monday. No additional details accompany the directive.
MENTIONED IN THIS ARTICLE
Park
Washington
Also Mentioned on This Page
Wall Street
New York Stock Exchange
AdamExp
Jnsawm
Alaska J
Menucett
Wibegny
Krrog Ur
Aye al C&dye
Lainvert
Allis C
Heiguiut
Tob
Cr&f
Mack Tr
Ss Mecnpor
Amer
P&l Q
Ampi&pf
AmRadSt
Amrobm
AmSmell
Murray
AmSnear
Nash
Amt
NorAmr
AT & SF
NorAmPf
Au Ref
Nor Pac
AubAuto
Ohio Oi
Avia Cor
Owtll Gi
BalLoco
Pace G&e
B&o Rail
Packard
Barnsdl
Paroy Bct
Beatric
Park U
Bendix A
Penny JC
Beth Sti
Penn RR
Bob Alum
Phelps D
Borden
Phil Pet
Burad Ma
Procamb
Campany
Pubs
Can Dry
Safeway
Chrysir
St L&sf
Colgate
Schulte
G&ee
Seab Air
Com Inv
Seab Oj
ComSolv
Sears A
Com&Sou
Shell U
Congo Na
Skelly O
Contolud
Orn Pro
StaBrds
Coty
G&e
Dlac&w
SON J
Dia Mat
Ste Wrn
Doug Air
St&Wbstr
Studbkr
el Aut
TexCorp
Free P&l
Tex Gul
Erie RR
Texpc&o
Firet&r
Fox FA
Timken
FreeTex
TransAm
Elec
GenFood
Air
Genrsig
Jair Raz
Gimbel
Glidden
Dees Gas
Indal
Golduse
Gooddyer
US Steel
Hershey
Holland
Vadeco
Hous Oil
Howend
Mtr
West UN
West Air
E&m
T&t
Betton
S. C
Belton
Senate
Interior Department
House
Taylor
D-Cole
Ashurst
Dariz
Forest Service
Agriculture
Capulin
al Rotary Club
Marie
Libby
Libby, McNeill & Libby
Hawaii
Anh
THE
Cooking School
Standard Oil Company
California
Standard Stations, Inc
Standard Oil Dealers
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