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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Oct 25, 1934

Page

5

New York Stocks Close Mixed on Markets Flooded by Profit Taking

Stocks ended lower as profit taking dominated after Roosevelt's bankers speech. Rails led the decline with most of yesterday's gains erased while grains fell and bonds held. Eastman Kodak and Liggett & Myers rose briefly, while Santa Fe and Norfolk & Western dropped several points. Consolidated Gas slipped on an earnings report.

Wall Street New York Roosevelt American Bankers’ Association Rails U. S Eastman Kodak Ligcett & Myers B Santa Fe Delaware & Hudson Norfolk & Western Union Pacific Consolidated Gas N. Y. Central Southern Pacific U. S. Steel American Telephone Bethlehem Steel Loews Case, du Pont Chrysler General Motors Western Union Allied Chemical U. S. Smelting National Biscuit National Distillers Westinghouse Johns- Manville Spiegel- May-Stern

Grain futures close mixed on Chicago market

Chicago grain prices ended mixed with December wheat near 96 to 98 cents, December and May contracts fluctuating. Wheat and oats showed varied responses while barley and rye delivered modest shifts, with nearby months trading within narrow ranges.

Kansas City Livestock Market Report October 24 Hogs Cattle and Sheep

Hogs 4000 uneven. top 5.50 for 220 lb, late trade steady to 10 lower. sow weights 275-300 lb 4.00-5.10. Cattle 3500. calves 800. steers 550-1500 lb 5.00-8.25, heifers 5.00-7.50, cows 3.00-4.00, vealers 3.00-7.00. Sheep few opening mauve lambs steady to weak. best rangers above 650, yearling wethers 4.00-5.50, ewes 1.50-2.25, feeding lambs 4.75-5.05.

Kansas City Kansas

New York Cotton Falls as Orleans Markets Report

The New York cotton market moved lower with prices down for middling grades, as reported from New Orleans. Traders noted a moderate decline in the season’s spot readings and overall demand remained cautious amid unsettled trade conditions.

New York Curb Stock Quotes Arouse Mixed Trading

AP report lists diverse prices for Alum. Co Am 51 1/4 Amn Cyan B 16 3/4 Am Fyn P War 3 3/4 Amn G&E 19 7/8 and others. Notable values include Humble Oil 38 5/8 Ford Met Ltd 9 7/8 Newmont Min 38 and Swift & Co 18 1/2 with varied movers across energy and industrials.

New York CURB Associated Press Alum. Co Am Amn Cyan B Am Fyn P War Amn G&e

Boston wool market steadies with higher bids noted

Greasy combing territory wools sold a bit more freely as buyers showed selective bidding above prior rejection levels. French combing and average 64s and finer in original bags brought about 73 cents scoured. bulk demand focused on 64s to finer at 67-70 cents, and short combing staples at 63-65 cents.

Boston US Dept Agr

Cotton futures steady after partial reaction in New York market

In New York trading on October 25, cotton prices edged lower amid light southern selling and liquidation, with futures closing steady down 9 to 11 points. December 12.29, January 12.32, March 12.35, May 12.41, July 12.45. Spot middling 12.55. U S bonds also listed with Liberty bonds at 102.10 and Treasuries varying.

New York New Orleans U. S. Bonds Liberty Bonds Treas Fed Farm

Cotton market report from Galveston on Oct 25

Spot cotton in Galveston steadier with middling prices at 12.0 cents per pound. Sales reported at 150 bales as of today.

Confesses Theft At Saunders Home

Lenwood Hubert, colored, signed a confession claiming he stole two trunks of household goods from behind H. P. Saunders home at 200 East Demine. Arrests followed as most loot was recovered before 11 yesterday. Hubert said theft occurred about three months ago. L. C. Newton, colored, implicated by the confession, was arrested later. more goods were recovered, some still missing, trunks burned per Hubert. The items valued about $200 belonged to Mr. and Mrs. H. C. Saunders of Kansas.

Lenwood Hubert H. P. Saunders East Demine Hubert L. C. Newton H. C. Saunders Kansas

Hunters Take Out After Big Game Today

Albuquerque reporters note the opening of New Mexico’s big game season with hunters pursuing deer bear turkey and squirrels from dawn. State game warden Elliott Barker warns hunters to exercise caution near emergency conservation camps and to verify deer horns before firing while outlining a bag limit of one buck one bear two turkeys and five squirrels through November 15 for deer turkeys and squirrels and December 10 for bears.

Albuquerque N. M New Mexico Elliott Barker Nimrods Barker Jame

New Mexico Farm Bureau Sends 10000 Freight Rate Questionnaires

Ten thousand questionnaires are mailed to farmers and stock men in New Mexico to gauge opinion on a proposed 10 percent freight rate increase by railroads. I. K. Freudenthal urges full participation to present personal financial impact and potential effects on agriculture and livestock. Results will be summarized for the Interstate Commerce Commission. Economists at State College assist. early reports show unanimous opposition due to higher costs while farm prices lag 1916 levels by about 9 percent.

le Crnees N. M Frmers New Mexico Farm Bureau New Mexico KE. Freudenthal Bureau Interstate Commerce Commission Interstate Commerce Commision Chester H. Gray Washington American Farm Bureau Federation the State College

Dempsey Tingley Allegations Shake New Mexico Race

Santa Fe shows John E. Miles accusing J. J. Dempsey of double crossing John Simms and aiding Clyde Tingley in a bid for governor. Miles attacks political tactics as Senator Cutting’s Taos speech draws scrutiny amid libel threats and calls for court review.

Dempsey John Simms Simms J. J. Dempsey Highway Commission Clyde Tingley New Mexico State of Miles Santa Fe John E. Miles Albuquerque the Journal Tingley Cutting Taos New Mexic United States Senator Cutting Senate

President urges alliance for recovery amid bank trust in private credit

President calls on bankers to renew confidence and urges private finance to take over post relief efforts. He envisions an alliance of business, banking, agriculture, industry, labor, and capital to revive activity. Bankers respond with cautious optimism and questions on budget emphasis. Inspecting Votes Santa Fe reports Republican and Democratic party fund scrutiny.

Jackson Reynolds First National Bank of New York Senator Cutting Rapkoch

U S Objects to Jap Plans in Manchukuo

The United States filed representations with Japan opposing a Manchukuo state oil monopoly, saying it harms American oil interests and breaches the open door policy and the nine power treaty. Britain and the Netherlands reportedly made similar protests, but no joint action occurred. The move targets Standard Oil Company losses.

Washington United States Japan Great Britain Netherlands Standard Oil Company

Senator Hatch Praises Democrats and Roosevelt in New Mexico

Senator Hatch urged a big Democratic victory praising the state administration for saving taxpayers and building highways. He defended the sales tax as essential to keep schools open, attacked its Republican income-tax substitute, and lauded Roosevelt. Other speakers, including J. J. Dempsey and Clyde Tingley, touted Democratic unity and state progress to Spanish-American citizens.

James Earley Bernalillo County Farley New Mexico Roosevelt Bob Valdez Clyde Tingley Albuquerque Tingley Santa Fe J. J. Dempsey House of Representatives NRA Jaffa Miller

Chicago Housing Plan Aims to Aid Negroes Under PWA

Washington reports Secretary Ickes announced a Public Works Administration effort to launch a Chicago housing project for African Americans. The plan includes a $7 million development on about 35 acres, part of a $25 million city program within a national $150 million low cost housing and slum clearance push.

Washington Ickes Public Works Administration Chicago Public Works Prograft Department of Justice United States District Court i Near Southwest PWA

Old Guard Campaign to Beat Cuttings in New Mexico

Albuquerque AP reports a Republican club formed to oppose Sen. Bronson Cutting and his gubernatorial ally Clyde Tingley. Led by Hugh B. Woodward, the Chavez Tingley club aims to persuade Republicans to back Dennis Chavez and Clyde Tingley, denouncing Cutting for partisan betrayal and pledging statewide organization. Also named are former officials and prominent Republicans.

Albuquerque N. M National Republican New Mexico United States Bronson Cutting Hugh B. Woodward Republican Club Chavez Tingley Dennis Chavez Clyde Tingley Jaffa Miller Roswell Woodward Albert G. Simms Margaret E. Medier W. C. Reid Walter M. Chandler New York Edwards Sargent Helm O. Bursum Edward Safford Cutting Cuttine Chavez- Tingley Club Manuel B. Otero M. E. Hickey John Venzble George Kaséman George Geake H. Kinney James G. McNary Mabel Taylor Chavez and Tingley Comsi Democrats

Falcon Electrical Service Ad Declares Honest Repairs

Radio repair ad proclaims affordable service by Falcont Electrical Service at 125 W Second with phone 289. Claims repairs are honest and won’t bankrupt customers.

Falcont Asife

Loaning Million A Day Under Housing Plan

Albuquerque dispatch reports about a FHA effort to modernize housing with daily loans near one million dollars. A. O. Eherhart, former Minnesota governor, promotes a plan to loan about 1,008 dollars daily for 13 states. He predicts construction of 1,000,000 new homes and 5,000 jobs daily, with a peak later.

Albuquerque N. M Seat Housing Administration A. O Erhart Minnesota FHA Air Ton

Nobel Prize Divided Among Three Americans

The Nobel prize in medicine was awarded to three Americans Dr Georges, Dr William P Murphy of Harvard Medical School, and Dr George H Whipple of the University of Rochester for their anemia research.

Stockholm United States Georges William P. Murphy Harvard Medical School George H. Whipple University of Rochester

Also Mentioned on This Page

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