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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Sep 28, 1933
Page
5
Wall Street trades higher modestly with 1 to 2 point gains on light volume. Inflation fears dampen activity as Homestake Mining leads gains and several miners rise while wheat corn and cotton drop on late liquidation amid mixed bonds and steady dollar.
Curb market closes with Alum Co Am at 64 1 2, Am Cyan B 10 3 8, Am For P War 6 3 8, Ford Ltd 5 1 2, Gulf Oj 51, Niag Hud Pow 7, Newmont 48 1 2, Penn Road 3, Swift & Co 16 1 2, Texan 7 5 8, and Unit P & L 3 3 4 amid a broad list of minor changes. general stocks show mixed movement.
Chicago grain prices show closes with wheat at September 86 7-8, December 90, May 94 1-8. corn September 46, December 50 1-8, May 56 1-2. oats September 36 1-4, December 39 3-8, May 43. rye September 65 7-8, December 69 1-2, May 76 1-2. barley September 53 1-2, December 57 1-2, May 63 1-2. lard September 5.52, October 5.52, December 5.87. bellies September 5.50, October 5.42.
In New York on September 28 the cotton market traded quietly with some hedging and liquidation. Prices moved up from 9.96 to 10.05 around midday, then eased with December near 9-93 in the afternoon. The general list stayed about 6 to 9 points lower, spot middling 9.90.
New Orleans spot cotton eased 11 points to 9.70 middling as sales reached 7,882 bales for the day. The market closed with steady tone despite the modest decline and active trading.
U S bonds report a close in New York on September 28 with Fourth 4 1 4s at 102.29 and Treas 41 45 47 52 at 110.6, reflecting market activity and price levels for government securities.
Boston on September 28 reports a fairly active wool trade in some houses while demand lags in others. Fine Ohio delaine fleeces sell around 32–34 cents in grease, higher on light shrinking wools. Graded combing 64s and finer territory wools fetch 82–84 cents scoured. tighter lines bring 81–82 cents for bulk strictly combing staple.
Kansas City market data shows Hogs 35 000 with price ranges by weight and grade. Cattle 6 000 head with top yearlings at 6.40 and steers 5.25 to 6.75 for various weights. Sheep 7 000 head steady with lambs and feeders priced across several weight classes.
Galveston September 28 AP Spot cotton held steady trading at 10 points lower middling as sellers and buyers evaluated grade and quality in thin afternoon sales with little change in overall tone.
Roswell city council extended discussion on funding for a new city hall versus remodeling current facilities and creating a southwestern city park at Haynes Park. Proposals included using 65,000 for park development and rebuilding the golf course, with park money aimed at home employment and attracting new residents.
About 75,000 workers across western Pennsylvania northern West Virginia and eastern Ohio are idle as a steel walkout joins coal miners in demanding union recognition. Weirton plant in West Virginia led the action with 8,000 idle, spreading to Steubenville and Clarkburg area plants with 250 voting to join. No violence reported as union leaders plan further marches and scheduling delays push to October 3 council meeting.
The nineteenth annual Girl Scouts convention in Milwaukee October 11 13 will address the role of recreation in the rapidly increasing leisure time of workers. National leaders pictured include Mrs Frederick Edey national president for three years likely to be re elected. Mrs Nicholas F Brady chair of the national board will keynote the opening address outlining 1933 achievements and 1934 goals. Miss Josephine Schain national director will report on headquarters activities in New York City for the first nine months of 1933. The movement, founded in 1912 by Juliette Gordon Low in Savannah, marks its twenty first birthday this year, emphasizing training in the right use of leisure amid industrial growth.
Edgewater New Jersey September 28 AP workers at the Ford assembly plant here walked out in sympathy with strikers at Chester Pennsylvania. About 500 Edgewater workers joined while 100 remained at work as 1500 Chester demonstrators arrived by car to picket. Police counted 1900 Edgewater workers facing a picket line as Chester plant closure was reported. Ford officials in Detroit declined to assign broader significance noting production interdependence.
The Deming Lions club filed a resolution with the Governor denouncing a state corporation commission charge on automobile caravans as unlawful and unjustified. It warns continued collection would divert traffic from New Mexico and hurt revenue, and also objects to a four tenth of a cent per mile tax on gravel trucks used on state and federal highways.
At two o'clock this afternoon the annual Salvation Army drive had raised 1937.75 for relief work in the coming year. Of the total, 479.25 in cash has been collected, 1158 in money and 300.50 in merchandise have been pledged. W. J. McInnes chairs the drive.
Three robbers seized three pouches of registered mail valuables totaling 2009 dollars from a moving jitney truck at South Station, leaving behind other mail sacks containing about 100,000 dollars. The incident occurred in Boston on September 28.
Chester Jarman is detained in county jail in Las Vegas New Mexico on a resisting an officer charge after arrest at a campground near Terrero by Sheriff Francisco Delgado and deputies. He allegedly carried a shotgun and a machine gun though the latter was not found. his wife was released. Sheriff Delgado said Jarman may be wanted elsewhere but has no record.
Chicago, Sept. 28 AP New Mexico officers at the National Guard convention at the Drake Hotel laid out assignments Col Clyde Ely to the resolutions committee Maj Herman Baca to the nominations committee and other posts listed.
Curry County New Mexico reports about 80 percent of local wheat farmers fully back the U S government crop production control ban. Agriculture officials expect production figures to show Curry as one of the nation's largest wheat producing areas.
Allen Bruce former Roswell boy and Roswell High School graduate now state manager of Pacific Mutual Life Insurance Company with headquarters in Albuquerque visited Roswell yesterday with Walter R. Hoefflin Western Agency Supervisor of Pacific Mutual Co. Bruce was honored at the companys national convention in Chicago last June by being elected president of the General Agents Association which comprises state managers.
Fair tonight and Friday across Roswell and Pecos Valley. New Mexico sees fair conditions and little temperature change tonight and Friday.
The sermon critiques a system that grants power without responsibility enriches the laboring class, lacks character in popular leaders, grants ease without merit, and corrupts women's role in entertaining men. It argues such a system narrows opportunity for the best trained and devalues producers.
Product advertisement from a vintage newspaper promoting Lydia E Pinkham's Tablets. Claims clinical tests prove relief from periodic pains. Encourages regular use for permanent relief, noting no narcotics and no dizziness. Sold by all druggists with small and larger box options.
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