Markets Drift Lower As Stocks Slip On Mixed Signals
Stock prices sagged in a dull session on October 18 as European gold declines and a late wheat rally failed to sustain gains. U S Steel led losses amid talk of weaker demand while bonds mostly followed the downbeat trend. Many major names including Chrysler, GM, AT&T, Du Pont, Bethlehem Steel, and Sears all fell, with transfers totaling about 1.74 million shares.
MENTIONED IN THIS ARTICLE
Wall Street
New York
U. S
France
Holland
U. S. Steel Caymon
Live cattle and hog market quotations from Kansas City
Kansas City market notes show hogs at 180 to 350 pounds with prices from 3.75 to 4.35 per unit and cattle and sheep quotations across weight ranges. Buyers listed for pork, beef, and lamb categories with ranges for good and choice grades, stock and feeder classes, and milk fed cattle.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
New York Curb Close Stock Table Report Oct. 18
New York stock numbers show mixed activity as names like Am Cyanide, Ford, Humble Oil, Libby McNeil, Newmont, Texan and Unit companies register varied gains and losses. Trading floor notes indicate declines for some industrials while others hold steady or advance modestly.
MENTIONED IN THIS ARTICLE
Roit Air
Mh B&s
Ford Ltd
Guilt. Oil
Humble Oil
Libby McNeil
Newmont
Penn Road
S$ O Ind
Swift & Co
Texan
Unit Gas
Unit Verde
Unit P&l
Grain futures quotes from Chicago trading floor
Chicago wheat corn oats and barley futures listed for December May and July with unsettled prices. Lard contracts show oats and fat prices with December January values.
Bonds and crimes loom in Roswell shooting case
U S bonds quotes and a Roswell shooting unfold as Sammie Searcy is seriously wounded, with a 25 calibre Colt pistol tied to the assault and a preliminary hearing expected tomorrow. Baby Knight Howard suffers a leg wound, not considered serious, as investigators pursue the case.
MENTIONED IN THIS ARTICLE
Sammie Séarcy
Roswell
Sammie Searcy
St. Mary's Pital
Dancey
Baby
Knight Howard
Statistical Snapshot From October Data Notes
Fragmented OCR shows figures dated October with values 79.8 37.6 72.3 71.9 and prior day 83.8 40.1 74.9 23.5. Source credits Stamura Statistics Co. appear in header.
Cotton advances amid rumors of agency buying in New York
In New York on Oct 18 AP reports a 25 point rise in cotton with rumors of greater government agency purchases. Markets showed initial gains, then fluctuated. By 2 PM December futures around 9.31 with the general list up about points. Spot market quiet with middling at 9.35.
MENTIONED IN THIS ARTICLE
New York
Western grown wools fetch scattered sales in Boston
In Boston on October 15 buyers closed a few scattered sales of finer quality western grown wools. Good French combing 64s and finer territory wools in original bags commanded 80-81 cents a pound on a scoured basis. A small volume of 12 month Texas wool moved at 78-89 cents for average wools.
MENTIONED IN THIS ARTICLE
Boston
USDA
Texas
Price policy moves loom as Roosevelt weighs retail code
Washington October 18 AP A presidential decision on a retail distribution code could affect prices in about 1.5 million stores. Roosevelt weighs minimum markups versus preventing sales below invoice cost while labor data show wholesale prices rising for September. NRA plans push for enforcing blue eagle penalties and Johnson cites retailer support amid opposition from Secretary Wallace. Local labor board meeting addresses tool and die plant cases in Detroit Flint and Pontiac Michigan.
MENTIONED IN THIS ARTICLE
Washington
White House
Roosevelt
S. Hugh 8
Johnson
Wallace
Labor Department
NRA
Johnso
National Labor Board
Detroit
Fli
Pontiac
Michigan
New Orleans Spot Cotton Closes Steady Despite Sales Rise
New Orleans on October 1 reports spot cotton closing steady with a decline despite sales totaling 3,773 bales. The low, middling, and high prices are listed at .31 and 896 for middling, while receipts reach 13,024, signaling active market activity for the period.
MENTIONED IN THIS ARTICLE
New Orleans
Spot cotton steady at 8.95 middling on 10 dow
The market shows spot cotton holding steady with middling at 8.95 dollars per unit and 800 sales recorded. Strong demand noted, traders eye futures as pricing remains firm amid steady activity in the market.
New Mexico Crop Improvement Association Meets
The New Mexico Crop Improvement Association held a meeting this afternoon with directors, extension staff, and secretaries present. Exhibits included seed displays from Rio Arriba, Colfax, Quay counties and Dona Ana, highlighting corn, grain sorghum, potatoes, broom corn, sorghums, onions, barley, alfalfa, and cotton. The alfalfa seed exhibit was described as the best ever seen in the state.
MENTIONED IN THIS ARTICLE
Ounties
Enberry
Queenberry
Rio Arriba Colfax
Quaycou
Ana
Dona Ana
GALLUP STRIKERS CONTINUED TO BATTLE MARTIAL LAW
Benjamin of New York, linked to NMU and the U S strike movement, was recaptured near a camp after slipping past a fence. Six NMU leaders and others face charges of hindering martial law as federal defense groups push for Roberts' release. In Roswell, E C Robertson of the Federal Home Loan Corp plans Monday visit to close loans, with J D Herron Jr as Roswell manager.
MENTIONED IN THIS ARTICLE
Benjamin
New York
Mill -Stocaade
Here
Arizona
J. C. W . C. Alvarado
Exquiro Navaro
Kiam Gonzales
Karry Ar
NMU
Clee Lynch
Phoenix
Ariz
George Kaplan
Ver
Labor Defense Associant
Roberts
N. M
Federal Home Loan
E. C. Robertson
New Mexico
Federal Home Loan Corporation
Roswell
J. D. Herron Jr
S. P. Johnson
Claude J- Neis
Cuban trouble on Isle of Pines denies rumors
Reports of unrest in Isle of Pines prisons were denied by Major Raimundo Ferrer, saying everything is fine. Rumors claimed guards refused orders and imprisoned officers were not commanded by new leaders. Authorities also hunted those responsible for a bomb explosion at an American owned ten cent store during a strike. Meanwhile the Student Directory fight to oust Police Chief Franco stalled.
MENTIONED IN THIS ARTICLE
Havana
Isle of Pines
National Hotel
Raimundo Ferrer
Ramon Gray Sean Martin
Franco
Mario Labourdette
Church Fight Flares Over Ownership and Jail Shooting
Tense dispute within a church erupts after pastor is jailed on murder charges for fatal shooting of janitor W. J. MacMurdo. An arc fire targeted the pastor’s jail cell as two men fled the scene behind a barred window. Crowley denies any sale deal between factions while rules and past clashes with evangelist Jeffers and Pastor Heard frame the conflict. L. H. Kayre faces murder accessory charges. bail set at 1500.
MENTIONED IN THIS ARTICLE
W. J. MacMurdo
Crowley
Congresation
Joe Jeffers
Jeffers
Tabernacle
Jefers
Don H. Heard
Jonesborro First Baptist Church
Also Mentioned on This Page
New York Stock Exchange
AdamExp
Alaska J
Allegny
Sil
al CéDye
Allig C
AmnCan
Kencott
Amcréf
Krog Gr
Am&forp
Lambert
Amer
Aiquid
AmMetal
P&l
Mack Tr
AmRadést
McIporm
Amrolim
MecKetin
AmSmelit && McLelan
Amstifd
Amt&t
Montard
Am Tobb
Amwwk
AmWoln
Murray C
Amwipf
NashMtr
Nynh&h
Avia
Bal Loco
Aviateo
BaLocort
Noramcc
B&o Rai
Nor Pac
Barnsdl
Ohio
Teatric
Bendixa
Pacg&e
Beth Sdl
Packard
Boh Alum
Para
Borden
Penny Jc
Penn RR O
Ae Burad Ma
Hec PhelPsd
Phil Pet
Pullman
C&orail
Chiri&p
Chrysir
Caca Col
Rey Tech
Colgate
Reytobb
Col Fuel Safeway
Col G&e
L&sf ComSolv
Schulte
Com&Soc
Seab Air ongoNa
Seab
Sou Pac
Seu RR
CornPro
Coty Ltd G&e
Curt Wrt
S.O Ca
Dlac&w
O NJ
DiamMa
Ste Wrn
Doug Air
St Whstr du Pont
Tn Studbkr
Eastman
Tex Corp
TexasSul
Elee P&i
Texplt
Erie
Fid Pei TransAm
Firet&r
Frep Tex
Dyer US Smelt
Gt Nor Pt
US Steel
Air
Wstk&m
Kansas City Livestock
Curb
Chicago
CU. S. Bonds
Bonds
Liberty
Treas
Stamura Statistics Co
U. 8
Gallup Strikers
Kidadio
Busy Bee Cafe
Salee
East 5Th Street
H.B. Salee Grocery & Market
Zeiger United
Carl Johnson
New Mexico State Fair
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