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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Oct 19, 1934
Page
5
New York stocks ended in a narrow range after a day of extreme dullness. Activity was uneven with gains for Armour and Wilson firms while U S Steel and major favorites held largely steady or slipped. Bond buying showed some strength as advances in weekly reviews signaled cautious optimism.
Stock averages published for October 18 show values for 56 industries 20 rise 29 fall and 99 steady. The day’s overall index stands at 84.1 with a broad gauge near 72.0. The figures reflect Standard Statistic Co data syndicated for今日 readers.
New York Oct 19. Early advances of 6 to 7 points in cotton futures faded as southern selling and liquidation set in. Futures closed barely steady with October around 12.21, December 12.29, January 12.32, March 12.40, May 12.44, July 12.49. Spot middling steady at 12.50.
The provided text shows a set of stock or bond listings with company names such as Gulf Oil, Newmont Min, Pennroad, Swift & Co, United Gas, and others alongside quoted prices and fractions. It reads like a historical market page or trade board excerpt.
In Galveston on October 19, spot cotton held steady at middling 12.60 dollars per unit with sales totaling 400 bales. The report notes no change in price from prior levels and confirms active trading at the port.
New York reports Liberty bonds closing with the Fourth 4 ¼s at 33 38 bid for Elders, Treas 4 ¼s at 47 52 bid 111.26, Home Owners Loan 40-51 at -98.3, Fed Farm Mortgage 3s at 49-98, and Fea Farm Mortgage 3 ¼s at 64-100.7.
Chicago market data shows Dec wheat around 98 3/4 to 99 1/8 cents, corn Dec 77 7/8 to May 79 1/2, oats Dec 51 3/8 to May 49 3/8, rye Dec 72 1/2, and barley Dec 7S 1/4 with partial calendar moves. Lard and bellies prices listed for Oct through Jan futures. Boston notes Texas wool sales around 70 cents scoured, French combing 63-70 cents, and Ohio fine delaine at 27-28 grease cents.
Kansas City reports early market quotes from the U S Department of Agriculture with hogs 2000 head up 40 to 15 higher, top 0 75 on choice 210 270 pounds, packing sows 275 500 pounds 4 00 5 25. Cattle 1200, calves 400, generally steady, steers 5 00 8 75, heifers 5 00 7 50, cows 35 00 4 00, vealers 3 00 7 00. Sheep 3500 lambs and yearlings steady to 10 higher, ranges for top fat lambs 6 25, natives down from 6 10, yearling fed 5 40, yearling wethers 4 00 5 40, ewes 1 50 2 25, feeding lambs 4 75 5 65.
New Orleans spot cotton held steady on October 19 with sales totaling 2,656 bales. Middling grades traded near 12.64 cents per pound as buyers and sellers assessed staple quality and demand.
William Kit Carson, nephew of the original Kit Carson, told Roswell Lions he was born at Fort Union in 1859 and is the sole surviving Carson. He recalled the Lincoln County Wars and Mexican border conflicts, praising New Mexico’s development and opportunities for youth. Attendance was even. rival captains were John Alien Phinizy and Dr T J Pearson. Slyvester Johnson presided.
Judge and Mrs. Harry L. Patton left this afternoon for their home at Clovis. Judge Patton heard a case in court here today for Judge McGhee.
The market for wool shows a firmer tone due to heavy government purchases and improved civilian fabric demand. Surplus western stocks may be blocked off the market, with higher quotes for controlled wools. Texas and southwest sales declined, foreign markets steady, and mohair prices largely unchanged.
Roswell will host A. O. Eberhart at the Junior High School auditorium on Saturday night October 27 at 8:00 to discuss the federal housing program. Eberhart, a noted speaker with a long public career, will share new information on the government’s Better Housing efforts during Better Housing Week. He was born in Sweden in 1870 and rose from humble beginnings to govern Minnesota and serve in law and public life.
The President outlined a broad policy to aid veterans and hundreds of thousands of other citizens lacking essentials of civilization. He warned that neglect harms recovery and said improving their lot is a national obligation. Robert Nelson of the U S Building and Guarantee Co. will visit tomorrow from Denver.
State Comptroller Juan N Vigil announces that Dan R Sedillo, former motor vehicle license distributor in Dona Ana County, has remitted $807 that had not been previously paid. The payment closes a pending discrepancy and completes the fiscal record.
John D. Mayhew, long in Roswell on business and visiting friends, will depart Sunday for Denver with several business stops en route. Mrs. Mayhew, formerly Gwen Greiner, will leave for Denver about November 1. The Mayhews formerly resided here.
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