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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Oct 27, 1933
Page
4
Boston wool houses report more inquiries from manufacturers with little rise in business. Small sales are closed on original long lines of short fresh combing 64s and finer territory wools at 77 to 78 cents scoured. Domestic wool quotations remain firm as markets hold steady.
Stock averages for 50 industrials 20 rails 20 utilities show today 84.8 40.1 72.6 75.8 previous day 84.0 39.4 71.9 75.0. The data lists overall index values and sector figures from Standard Statistics Co. for the date.
Auction market notes from Kansas City list hogs and cattle prices by weight and grade. Hog prices span good and choice from 140 to 290 pounds with variances. cattle and calves show steers, haifers, cows, and stockers across weights. Sheep quotes cover lambs and ewes with range results for direct sales and range feeding, reflecting mixed demand.
Chicago market brief dated October 27 reports Chicago futures for December at 89 1 8, May at 91 7 8, and July at 89 1 8, with corn prices not fully shown in available text. Prices reflect steady grain trading with nearby contracts highlighted by the Associated Press.
Trading was quiet for most of the day in cotton, with fluctuations. After an afternoon upturn in wheat, December contracts rose from 9.54 to 9.72, ending with net gains of 8 to 15 points. Spot cotton remained steady at middling 9.85.
New York stocks edged higher on October 27 as grain prices rallied and sentiment improved while trading remained restrained. The market closed firm with gains of 1 to over 2 points, total volume 1,139,140 shares. The RFC boosted the gold rate 22 cents to 31.76 an ounce, with foreign exchange uneven as sterling slid over 3 cents and the French gold franc fell about 0.1 cent. Equities stayed in a narrow range until wheat jumped about 3.
Bonds were irregular with last minute profit taking in shares. National Distillers led with about a 4 point advance while U S Smelting Allied Chemical Cerro De Pasco American Commercial Alcohol and Case rose 2 or more. Other stocks firmed fractionally to over a point including A and Steel American Telephone Union Pacific Johns Manville American Smelting NY Central Sears Roebuck US Industrial Alcohol Deere Western Union Chrysler American Can and Santa Fe.
In New Orleans on October 27 spot cotton finished steady with a gain of five points. Total sales reached 3,171 bales as middling class priced at 9.57.
New York curb report lists closing figures from AP with numerous issuer tickers and fractional quotes including Am Cyan B, Amer G & E, Gulf Oil, Humble Oil, Niag Hud Pow, Newmont, Texan, Swift Co, and others trading in narrow ranges. Market activity reflects mixed gains and losses across utilities, oil, steel, and industrials as of Oct 27.
Boston market report notes wool markets remain quiet with prices held steady amid scarce supply. Domestic and foreign markets show strength, with Texas purchases and mixed activity in piece goods. Mohair moves slowly but maintains a steady tone across regions. quotes cover fleeces, combings, and various grades in the United States and California to Oregon values.
Special Club Breakfast 20cup and special plate lunch 35c offered at Brooks Cafe located at 2nd and Main. Advertisement.
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