Market summary shows cautious pre holiday trading on Oct 11
Wall Street firmed little as apathy kept volumes low. Bonds remained firm while the dollar rose abroad. American Telephone and several majors fell about two points, with some issues like Goodyear and Union Carbide posting modest gains. Several industrials including U S Steel and Chrysler edged lower. All markets to close tomorrow for Columbus Day.
MENTIONED IN THIS ARTICLE
New York
Washington
Treasury
American Telephone
IL. Ss. Smelting
National Distillers
Homestake
Goodyear
Congoleum
Union Carbide
Westinghouse
Delaware & Hudson
Union Pacific
Atlantic Refining
General Electric
U. S
Industrial Alcohol
U. S. Steel
du Pont
United Aircraft
American Can
Chrysler
Johns Manville
American Commercial Alcohol
New York Stocks Close Report October 11
New York stocks closed today with mixed results as traders weighed early gains against late selling. Major indices showed modest declines while several industrials retained gains led by finance and transportation shares.
Live stock prices from Kansas City auction report
Kansas City markets show hogs at 4 000 head top 4.75 for choice 190 230 Ibs, sows 275 to 550 Ibs 2.75 3.65, cattle 8 000 head calves 1 500, prime yearling steers 6.75, steers 550 1100 Ibs 5.00 6.25, 1100 1300 Ibs 4.75 6.15, 1300 1500 Ibs 4.50 6.00, cows 2.25 3.00, milk fed weaners 3.00 6.00, stocker feeder steers 3.75 5.50, sheep 8 500 head best range lambs around 7.50, good 6.75 7.40 for 90 Ibs down, yearling wethers 4.00 5.25, ewes 1.50 2.50, feeding lambs 5.50 6.25.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
Chicago Grain Prices on Oct 11
AP reports Chicago grain close across wheat corn oats rye and barley with futures in December and later months. Wheat at December 4 and May 88 with July 85 1-8. corn 42 7-8 December, 49 1-2 May, 51 1-2 July. oats 33 3-8 December, 37 1-8 May, 35 July. rye 62 1-2 December, 69 1-2 May. barley 51 1-4 December, 56 1-2 May. Lard and bellies quoted for October December and January.
MENTIONED IN THIS ARTICLE
Chicago
New York Curb Market Close Highlights Oct 11
AP report lists closing figures for many equities led by Humble Oil at 87 and Gulf Oil at 55. Am Ford War 6 3 4, Amer G & E 27 1 4, Newmont 48, Unit Gas 3 1 8, and other shs including Atlas items like Seiberling 4 and Swift & Co 15 2 8 as traders wrap up on the curb market.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Cresson
Forg Ltd
Gulf Oil
Humble Oi
Newmont
Penn Read
Seiberling
SO Ind
Swift & Co
Texan
Trans Air
Unit Gas
Unit Verde
Unit P & L
Cotton Prices Steady in New Orleans and Galveston Markets
New Orleans spot cotton held steady with a four point dip to 9.22 mids. In Galveston on October 11, spot cotton was unchanged at 9.15, with sales totaling 850 units.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Wool trade steady as finer territory wools sell firm
Boston Oct 11 AP U S Dept of Agr trading in wool remains quiet with small lots of finer territory wool selling at firm prices. Average to good French combing 64 3 and finer territory wools in original bags bring 80 to 81 cents scoured. grade strictly combings 58s 60s and 1 2 blood territory wool 78 to 81 cents scoured this week.
MENTIONED IN THIS ARTICLE
Boston
U. S. Dept
Territory
Cotton market rally as loans boost buying
New York cotton rose today after early declines as local and commission houses bought on reports of a South holding movement aided by the government loan plan. Offerings were light with December advancing from 9.37 to 9.47. The general market rose 5 to 7 points at the last hour. spot remained quiet at middling 9.55.
MENTIONED IN THIS ARTICLE
New York
Ad Club Deliberates Local Ads And Fair Preparations
Roswell Ad Club members led by J. B. Wilson and others reviewed newspaper advertisements from represented firms. Claude Simpson urged support for the Now Is The Time To Buy Campaign while Myron Prager promoted the Eastern New Mexico State Fair and the Army Institute Homecoming. He urged merchants to display welcoming signs and boost parade float plans for the fair.
MENTIONED IN THIS ARTICLE
Roswell
New Mexico
New Mexico Military Institute
Ad Club
Roswell Teachers Dinner Praises Co operation and Leaders
Roswell teachers and Institute figures led a merchants dinner praising the schools led by D N Pope and Colonel D C Pearson. Pope lauded Roswell's education system and teachers while Pearson joked about wages and cooperation. Town merchants pledged to support school activities and the convention's future in 1934 and 1935.
MENTIONED IN THIS ARTICLE
D. N. Pope
Institute
D. C. Pearson
M. MM. I
Wilmot
Roswell
Merchants’ Association
Pope
Hunter
Colonel Pearson
Claude Simpson
Roswell Urges Support for Local Schools and Fair
Roswell Chamber of Commerce reports a Tri-State Fair delegation will attend the Eastern New Mexico State Fair. Speakers stress schools as valuable assets and urge business leaders to attend Homecoming Day at the Institute and back the Eastern New Mexico State Fair next week.
MENTIONED IN THIS ARTICLE
Roswell
Hunter
al West
Hagerman Busy social week with birthdays and visits
A Hagerman note column details a joint birthday for Miss Winnie Cole and Mr Ed Plackweld er at Mrs Charles Coles home with a large luncheon and flower decorations. Regional residents attend ranging from the McKinstry and Menefee families to visitors from Roswell and Carlsbad. Weather stays dry as farmers report gin yields, city events include a community club banquet and Queen of the West Marteal Graham’s Century of Progress travel.
MENTIONED IN THIS ARTICLE
Charles Cole
Winnie Cole
Ed Plackwelder
Howard Menefee
Roswell
Charlie Tanner
Carlsbad
Jim McNamara
Marvin Menefee
Chicago
Akin
George Hisginbotham
Hagerman
W. A. Waller
Felix
John C. Prude
J. A. Blakeney
Dexter
Farr
Rufus Bynum
Earl
R. D. Loy
Albuquerque
A. J. Cox
Glasscock
Artesia
George Gilpin
Portales
Mr. Gilpin
Doctor Glasier amputates finger in Carlsbad hospital
Hope News reports a patient named Simmie White underwent finger amputation by Dr Glasier after a car accident left the hand injured. The removal aimed to prevent blood poisoning and restore health. Nearby residents and visitors, including the Prude and Cox families, are noted in a flurry of local movements and travels around Hope New Mexico.
Highway department revenues debated over special levy impact
The discussion centers on freeing highway revenue from the interest and sinking fund to fund expenses. A mill and a half levy could add about $300,000 annually, with gas tax contributing most income. Gov Hockenhull seeks highway department accounting amid reports of a deficit up to a million dollars, though specifics remain uncertain.
MENTIONED IN THIS ARTICLE
Highway Department
Department
Motor Transportation Department
The
Corporation Commission
A. W. Hockenhull
Finance Board
Capitol
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