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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Apr 01, 1925
Page
7
A turbulent trading day saw persistent buying support and selective gains in rail and industrials while profits faded on several big names. Investors priced in higher call money and a cautious outlook as bond offers loomed and foreign issues weighed on sentiment.
New York bonds show volatile trading as the market fails to reveal a clear trend. Indications of a tighter money situation curb investment buying while selling pressure rises, with some lift in prices from investors clearing speculative holdings.
An offering tomorrow will be made with preference to holders of the old 24Give Who exchange. The sale completes the 1025 refunding program of 150 million dollars in industrial bonds. Pan-American Petroleum and Wilson & Co. packing issues ahead of a reorganization. Cloth manufacturers report strong demand for new suits and overcoats as fall colors arrive.
Chicago livestock receipts total 10 000 cattle with uneven demand. Best steers fetch around 11 60, yearlings up to 11 75, and mixed rounds near 11 00 to 12 00. cows 8 50 to 10 50. Hog receipts 19 000 with weak to steady trade and some cuts near 12 20 to 12 76 per hundredweight. Sheep and lambs 14 000 with generally steady fat lambs and bulk dairy cattle stronger at 15 50 for select lots. Holdover cattle about 7 000. big packers bought less than 15.00.
Chicago wheat futures closed mixed after a volatile session. May wheat traded around 1.40 to 1.46 per bushel while July ranged near 1.87. Corn and oats showed slight gains, with provisions down about 2 to 60 cents. Market observers cited nervous, irregular trading following earlier declines.
Butter unsettled weekly receipts 11,075? and 74,2743 fresh buttered extra, 32 182 to storage packed. Cheese production 206,783 pounds.
New York markets for cotton goods were quiet today with slightly steadier demand on wool fabrics. Buyers showed broader interest in fashion mixed underwear fabrics while imports remained stable.
Fragmentary OCR item lists names and prices including 14.75 and 16.10 with scattered words. No clear event or outcome. Unable to determine a specific person, place, or organization from the readable text.
Fragmentary OCR lists prices and items with unclear names and dates. Mentions seed a tubata, Outen Alsiko, cash arc glaze, a Augial, 1.10 bid, Rugelly ooh and ah priced at 2.90 with scattered month references May September and numbers 18.60 and 003.
Raw sugar offerings rose as spot prices firmed while futures eased amid declines in the market. Detailed Cuban and Porto Rican bag totals and prices are noted for March and April shipments. A separate item from Cairo, Illinois, reports boys discarding marbles after a sermon denouncing gambling.
New York poultry trade shows steady dressed poultry prices with no change in the latest market report. Broilers and fowls moved by express at standard rates, with freight terms noted, while dressed poultry prizes remain unchanged.
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