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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Oct 07, 1933
Page
5
Oct 7 AP report shows markets moving slowly amid grain irregularities and commodity volatility. Total volume 602,070 shares with mixed gains in some issues like National Distillers and U.S. Industrial Alcohol, while bonds resist and the dollar strengthens against major currencies.
New York stocks closed today with mixed results as traders priced shares across industries. Information shows closing levels for key industrials railroads and financials, reflecting ongoing market volatility and sector rotations.
Hogs 500 with 200 direct and few packer deals. 17 to 210 lb hogs 4.85 to 4.95. odd sows 3.75. Cattle 500 and calves 200 for the week. most killing classes 25 to 50 lower. stocker and feeder steers 25 to 50 lower. mixed yearlings 6.35. light steers 6.25. heavy steers 5.85. slaughter steer 2.50 to 3.75. Sheep week notes show range lambs 25-40 higher. bulk range lambs 7.00 to 6.00. feeding lambs 5.35 to 9.0. best slaughter ewes 2.5. most sales 2.00-2.5.
New Mexico congressman Dennis Chavez arrived in Santa Fe on business and said it is too early to decide on a United States Senate bid next fall. He noted Felipe Sanchez Y Baca as front runner for US marshal and voiced optimism for Home Loan Bank branches in Las Vegas and Raton and Farm Credit Administration moves to loosen intermediate bank loans to New Mexico. He defended Fort Stanton funding and blamed slow state action on public works financing on missing laws.
The daily stock averages show varied performance with indices like Ind.is, Rrs, Ut's and others posting mixed results. Current readings reflect overall activity with today’s totals near 90.4, 43.4, 75.3 and 80.5, while the previous day values are around 89.6, 43.2, 74.7 and 79.8.
New York on October 7 saw an early rise of 1.50 to 1.99 per bale on a cotton loan plan, then hedging and uncertainty ahead of the Monday crop report caused a pullback. December contracts peaked at 9.76 before settling at 9.42, with the general market barely steady. Spot cotton remained quiet with middling 9.50. Galveston reported steady spot prices with middling at 9.20 and sales 8.50.
E J House Jr replaced Earl Irish as chief of the state motor patrol in Santa Fe. Board chairman E K Neuman cited efficiency as the reason for the appointment. The report also notes Chaves County Building and Loan Association relocating within Hobbs to a remodeled, redecorated office in the J P White Building at 105 West Third Street.
Bonds New York Oct 7 AP Library liberty 4 1 4s 33 38 103 19 Treas 4 1 4s 47 52 109 31 For sale well improved ranch 406 West Hendrix. 7tix
Country Club and Mountainview golfers meet tomorrow for the first intercourse challenge. Eight 18 hole matches Sunday at Mountainview conclude a two course event. Main feature matches John Poorbaugh versus Jesse Duelln and a full list of Country Club pairings follow.
Giants jump to a 2 0 lead over Washington as Hal Schumacher drives in two. Travis Jackson and Mancuso spark a second inning rally, Schulte and Ott homer, Crowder allows seven hits in five innings. Luque wins, Russell charged with loss. crowd near 25,000 awaits potential sixth game.
The city plans enlarge the municipal course to 18 holes with a Second Street entrance to catch westbound highway traffic. A petition seeks to buy about 46 acres for up to 3000 dollars, requiring 20 percent taxpayer signatories. Council parks chair T L Gardner says signatures are accumulating and will meet the threshold soon.
The Roswell Merchants Association announced a dinner next Tuesday at the Wo mans Club to honor the city schools and the New Mexico Military Institute. Dan H Wimot will give the address, D N Pope will respond for the city schools, and Col D C Pearson will speak for the Institute. The event begins at 6 30 p m with teachers as guests.
Ten thousand trout from the Lister Springs hatchery in northern New Mexico were released high in the Ruidoso River yesterday, according to M. Stevenson, deputy state game warden.
The Eastern New Mexico State Fair opens October 18 with a new bicycle section and $10 first prize. Paul Wilmot chairs the bicycle section with registration at Mabie Lowry Hardware Store. The parade plans feature a Queen of the Fair with floats from organizations and communities. The winning float earns $100 and the queen reigns four days. second and third place floats win $50 and $25. A baby parade, Institute cadet corps, and ladies riding section are included. C J Stillwell leads parade planning.
The annual Fire Prevention Week runs October 8 to 14 in Roswell. Fire Department members posted posters in shop windows and schools to warn that fire causes 10,000 deaths and 500,000,000 dollars in property damage annually. On Monday, firefighters will lead fire prevention activities in schools.
The two cent rate on first class mail reduced post office revenue for the quarter ending September 30. Mrs. W. H. McCulloch reports July to September 1922 revenue at 12,095.55 than the prior year’s 13,882.58. City mail rate change began July 1, yet overall mail volume rose, especially incoming mail.
Dr. C. F. Beeson and Dr. D. D. Swearingin arrive home from Chicago and other eastern cities after weeks spent in clinical study and observation.
Chicago based federal agents cracked a multi state mail robbery ring tied to the December Chicago bonds heist. About $159000 recovered from the roughly $2.8 million stolen, with eight suspects arrested in Chicago Denver Kansas City New York Minneapolis Boston and others held nationwide. Edgar Lebensberger death linked to the case spurred the investigation.
A four point buck struck by an automobile near Bonnells Ranch was taken to Roswell by Bert Ponnel and turned over to M. Stevenson, deputy state game warden. The State Game Department donated the deer to the Salvation Army.
Amorez Lucero eight year old son of Mr and Mrs F Lucero of Roswell who had been missing since Thursday morning may have been found at Hagerman. His father received a telephone call from Hagerman this afternoon stating an unknown boy answering the description had been located there.
Island Pond Vermont October 7 AP United States Senator Porter Hinman Dale died at his Newark summer home from a heart attack. The Republican and Vermont’s senior senator, age 66, had been ill about a month and worsened three days ago after seeming to recover.
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