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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Oct 24, 1933
Page
5
Wall Street opened with losses but mining and metal issues led a late rally. Wheat fell while foreign currencies rose against the dollar. Trading accelerated toward the close with gains of 1 to 4 points and total volume 2,116,260 shares.
Chicago prices for grains and livestock show December wheat at 85, May 88, July 85 5 8. Corn quotes: December 45 1 2, May 51 5 8, July 53 1 2. Oats December 35 1 2, May 38 5 8, July 36 1 8. Rye December 58 23 4, May 65, July 65 1 4. Barley December 47, May 51 1 2, July 52 1 2. Lard October 5.15, December 5.25, January 5.82. Bellies: October 4.75 to 5.00, December 4.90.
The report lists bids and price ranges for hogs, cattle, calves, sheep and feeding lambs in Kansas City. Hogs 140-200 lb 3.65-4.15. 200-350 lb 3.60-4.15. sows 2.50-3.30. calves 70-130 lb 3.25-3.65. Cattle include yearling steers above 6.25, steers 4.00-6.25, cows 2.25-3.00, milk fed vealers 3.00-6.50, stocker and feeder steers 3.50-5.00. Sheep show best range lambs above 7.00, lambs 6.00-6.85, yearling wethers 3.50-4.75, ewes 1.56-2.50, feeding lambs 5.25-6.00. (x) Quotations based on ewes and weihers.
In Boston on October 24, AP reports wool sales are light with quotations holding near prior levels from weeks earlier. Domestic holders delay aggressive selling while buyers intermittently purchase small lots to top up stocks for hand trades. Australian markets show firmer to slightly higher prices.
New York bonds and Treasuries closed with Liberty 4 1 4s trading around 103.14 and Treasury 4 1 4s near 110.11. Specific issue ranges noted as October 24 AP roundup.
Spot cotton in New Orleans closed steady up 23 points with sales of 2 041. Prices ranged from low middling 8 80 to good middling 9 90, with receipts totaling 12 724 and stock at 820 351. Remains a key indicator for market direction as demand persists.
In the daily stock averages, Ort. shows 82.9, Indis 39.7, and Ut's 74.5 with today’s values. Previous day figures are 79.6, 37.22, and 71.2 respectively, while other listed figures include 71.6 and 73.0.
In New York on Oct 24 the cotton market showed reduced activity after an initial rise of 15 to 18 points. Southern selling eased but bulges drew buyers as dealers awaited further developments. December eased to 9.35 then firmed. by 2 pm December hovered near 9.40 with active months up 10 to 14 points. Futures closed 20-27 points higher. spot middling held at 9.70.
Galveston Texas October 24 spot cotton closed steady at 25 up with mid dling priced at 9.40 and sales reported at 1 100 bales amid steady market tone.
The reorganized First National Bank of Albuquerque opened with 500000 capital stock and 125000 surplus after April conservatorship. Local subscription totals 250000 with another 250000 from the Reconstruction Finance Corporation. A 400000 RFC loan covered old asset losses as the bank resumes with 1373822.10 in cash reserves.
Hollywood star Alice Brady emphasizes accessories over costly dresses in a Vinegar Tree lot feature. She touts black outfits for versatility, minimal use of cosmetics, and practical wardrobe choices. Brady explains wig use, short hair preference, and a simple skin routine with almond oil and medical soap.
Washington reports NRA codes for construction industries near a decision by Administrator Hugh S. Johnson and President Roosevelt on withholding wage boosts for a year to spur capital and dampen a later boom. Labor plans to oppose. Johnson may reorganize NRA into a semi permanent unit with four deputies and a nationwide enforcement structure amid farm and merchant concerns.
Berlin reports show more than 7600 Austrians flee to the Third Reich as their country destabilizes. Refugees include officers and deserters, many former subversive or politically unreliable. Habicht provides shelter at a Bavarian refugee camp near Lechfeld. Nazis say labor camps keep them occupied and orderly. Hitler aims to win Austria without armed force as Nazi influence grows.
Senator Carl Hatch of New Mexico opened his Senate offices in the Senate Office Building. He stated he would ensure New Mexico matters receive immediate attention and allies with Roosevelt's recovery program. Keith Edwards of Fort Sumner is acting as his secretary. Hatch will stay two to three weeks, then return to New Mexico before Congress opens in January.
Miss Mayme returns from Roswell State Fair visit as friends meet in Carlsbad. George A. Volz of St Louis visits Mrs. George Castle Jr. and remains for an extended stay. W E Flint visits, head of regional agriculture credit corp. Old Timers Parade in Roswell draws many locals. Cotton checks total about 29200 to farmers. Carlsbad High School Cavemen win football 13 to 7 over NMMS Colts. A M Morrison named Eddy County automobile license collector, replacing E V Albritton.
Santa Fe October 24 The Colorado public utilities commission and Colorado coal operators protest New Mexico interstate coal rates as damaging their New Mexico market. A hearing will be held next week in Santa Fe by the Interstate Commerce Commission to decide the justice of the charges or the rates.
Baron von Neurath defends Germanys withdrawal from the Geneva Disarmament Conference saying Berlin did not rearm at all costs but because other European powers show no intent to disarm to Germanys level Record Want Ads Get Results.
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