Wall Street Dips After Late Selloff on Telephone
The stock market faltered after a late selling wave following a drive on American Telephone, with many equities shedding gains. Utilities declined moderately while grains and cotton showed little help, and bonds moved mixed. Inflation fears lingered as traders remained cautious and activity remained above yesterday’s dull levels. National Distillers rose briefly on a whiskey dividend, then slid back, while U S Smelting trimmed its early gain.
MENTIONED IN THIS ARTICLE
Wall Street
New York
National Distillers
American Commercial Alcohol
Elanese
Standard Oil of
Newersey
New York Stocks Close Mixed On Broad Market Day
The New York Stock Exchange closes with wide swings across sectors led by industry and utilities. Major averages show gains in some rails and consumer names while tech and metals wobble, with industrials and financials contributing to the uneven finish.
Market report: cattle hogs and lambs steady to weak
Kansas City market summary lists hogs easing 10-15 with varied classes and price ranges from 2.75 to 4.80 per pound. Cattle show slow to weak demand under good to choice weights with steers and heifers mostly 4.50 to 6.60, cows 2.75 to 3.50. Sheep and lambs also softer with range lambs and feeding lambs trading around 4.50 to 6.10 per pound depending on weight and quality.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
Wool market slows but steady with steady demand in Boston
The wool market moved slower again in Boston on September 29 but a healthy volume continues to trade. Medium Ohio and similar fleeces bring 40 rents in grease for strictly combing, with 56s 3-8 blood and 48s 50s 1-4 blood grades. short French combing 64s and finer wools in original bags are firm at 77-78 cents per scoured pound and appear to trend higher.
MENTIONED IN THIS ARTICLE
Boston
US Dept
Ohio
Grain futures quotes from Chicago market report
The Chicago market report lists closing prices for grains and barley on September 29. Wheat, corn, oats, rye, and barley futures sat across several contracts with September, December, and May values in both cash and later-forward terms.
Cotton futures dip after early advance in New York trading
New York Sept 29 AP early cotton advances of 14 to 17 points gave way to partial reactions as selling emerged. December contracts slid from morning highs near 190.08 to around 97 in mid afternoon trading while active months rose about 4 to 6 points. Spot markets remained steady with middling at 9.90.
MENTIONED IN THIS ARTICLE
New York
New York Curb New York Stock Report Sept 29
AP stock roundup lists numerous industrial and energy firms with prices. Included are Am Co Am, Am Cyan B, Amer Mar, Amer G & E, Amer Sue Pow, Ark Nat Gas A, City Sve, Ford Ltd, Humble Oil, Libby McNeil, Newmont, Sound, Shatt Denn, Unit Gas, Unit Verde, Unit P&L, and other names. Record Want Ads Get Results.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Adam
Ac&dye
Allis
Kencott
Acmar&Éf
Krog Gr
Am&Éforp
Lambert
Amer
Lig
Myr
Amn Loco
AmMetal
Amerp&l
Mack Tr
McKetin
Amrollim
Mid
Pet
AmSmelt
Mo Pac
AmStuFd
Montard
Am Sugar
Moth
Amt&t
Murray C
Amtobb
Nash Mtr
AmWtWk
Bis
Am Wooln
Natasha
Win Pf
Coon Ae
Anacon
Foupee
Nat P&l
Arm
Ct L
Arm Ili
Nynh&h
Au “Het
NrkWst
NaaAviat
AubAuto
Noramnc
Cor Nor Pac
BallSoc
oOnio
B&o Rail
Oway GI
Pace G&e
Beatric
Packard
Bendix A
Para Pub
Beth Sd
Penny JC
Ree Na
Penn RR
Phel
Bulova
BaradMa
Arrow
Pullman
C&o Rail
Chi RI € P
RKO
Chrysir
Rep Stl
Coca Col
Reytobb
Colgate
Safeway
Col Fuel
L&sf
Col G&e
Schulte
Com
Solv
Seab Air
Com&Sou
Sears R
Shell U
SoCuPac
Sou RR
StaBrd
CornPro
Stdg&e
Coty
BO Calte
Curt Wrt
SON J
Dlac&ww
Ste Wrn
Diam Mat
Armen
Doug Air
Studb
du Pont
TexCorp
Eastman
Tex G Sul
ElauTit
Tex Pltr
Elec P&l
Timken B
Erie
Trans Am
Fire T&r
UN Carbi
Gil Raz
Gimbel B
Glidden
Goldust
Goodyer
US Steel
GtNorPf
Usstipf
Howe Snd
West Air
E&m
Woolwrt
Opies Natinis
Sannsdilhie
Gulf Oil
Hecla Mining
Humble Oil
Libby McNeil
Ning Hud
Newmont
Pennroad
Shatt Denn
Sound
Swift & Co
Unit Gas
Unit Verde
Unit P&l
Girl Scout Gala at Camp Camino Feeds Roswell Troops
Ike Carter hosted a large Scout event at Camp Camino for six Roswell Troop groups and leaders. About 200 steaks and 60 gallons of beans plus 12 dozen doughnuts and sodas fed guests, with Town officials and Daily Record reps attending. Scouts sang, played games, and offered exercises while Mrs. Harold Crosby led the event.
MENTIONED IN THIS ARTICLE
Roswell
Sunset Creamery
Ike Carter
Ihe
Harold Crosby
J. B. Coats
A. D. Jones
Paul Schultz
BR. C. Mossman
W. H. McCullough
Jack Hull
H. B. Smurl
J. D. Shrecen
Fair interest in wool in the past week
Boston reports a continued fair interest in wool with a large August and September movement. About 75 million pounds sold in these two months, leaving roughly 90 million pounds unsold for the new clip, barely enough for two months at current consumption.
Strikes Dot Ongoing Shift in Consumer Economy
Wall Street economists say consumer demand alone cannot revive prosperity. Financiers and business leaders must act to stimulate production as producer goods like machinery and buildings slump, while consumer purchases account for only about half of national business.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Steel plants sign wage pact. unions expand in Pa mines
Workers yesterday signed a detailed wage and working agreement turning effective Monday, uniting virtually all western Pennsylvania collieries except the captives. In cotton news from New Orleans, spot cotton held steady, down six points with sales at 8,846 bales. middling price was 9.64.
MENTIONED IN THIS ARTICLE
Pennsylvania
New Orleans
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Standard Statistics Co
Kansas City Livestock
Chiccago Grain
Chicago
Rye
Curb Close
Will Rogers
Girl Scouts
Gost
Mary Helena Coats
Mary Mossman
Dorothy Dow
Archie Campbell
Galveston
T. C. Evans
Otis Brenneman
W. F. Hannagan
H. O. Henderson
Southern Methodist Church
J. D. Atwood
Baptist Church
Raymond and
Ubald
St. Peter's Church
Mayor Smyt
The
Daily Record
West
Texas
J. S Bonds
Roswell, N. M
Safeway Stores
Arkansas
Libby
California
Colorado
Wilson
Wisconsin
Wilson’s
Tee, FR A
Lux
Southwestern Public Service Company