Wall Street Declines on Profit-Taking and Bear Selling
A heavy weekend profit-taking pressure, aided by professional bear selling, dragged down prices in New York stocks. Large volume moved about 1,500,000 shares as reports of price-cutting wars and automobile model reductions influenced trading. Notable shifts included declines in major issues such as Bethlehem Steel, Crucible Steel, and certain auto-related stocks, while some leaders like Spicer Manufacturing and General Electric showed gains or little change amid mixed bond market activity.
MENTIONED IN THIS ARTICLE
New York
Ualal
Mercantile
Dun
T Adda
Bradutreet
Crucible
Martin-Parry
Murray
Spicer
O Notain
Pierce Arrow
Brown
Havana Electric
It and Gas
Manila‘ Electric
Saarsesbuck
Sloss-Shefield
Westfoxbowee
Air ‘Brakas
Ist
Frank G. Shattuck
Stocks Bonds and Coal Property Ledger Item
Stock and coal property entries from Bluefield West Virginia area list values for Hancock stocks bonds and coal properties. Several company names and figures appear including Elkherty Valley Orogery War Creek Coal Co Casey and Kerling Hardware with small listed sums and a West Virginia finance firm reference.
MENTIONED IN THIS ARTICLE
Bluefield
W. VA
First National Bank
Aracama-Oos) Co
Garland Development
Elkherty Valley
War Creek Coal Co
Casey
Land Kerling Hardware Co
Aegontan
West Virginia Morte V
Discount C Tlon
Market Dips and Mixed Factors Drive Mixed Stock and Bond Moves
Traders noted selling in foreign issues amid wage talks and Brit ish mine unrest, with Canadian debt refinancing drawing interest. Cattle and hogs showed uneven moves, with steady to higher hog prices and lighter weight butchers easing. Wool and silk demand remained firm as carpet wools rose on port closings while silk shipments prepared for fall deliveries.
Virginia Markets July 31 summary of live poultry and cattle
Virginia Bureau of Markets reports July activity in Richmond with steady poultry demand and mixed prices for chickens turkeys and leghorns, plus cattle and sheep receipts in Jersey City Lancaster and Kentucky markets. Includes details on eggs, hogs, and local civic notices about district meetings and community concerns.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Virginia Bureau OF Markets
Richmond
Virginia Division of Markets
Government bonds close in New York market
United States government bonds closed in New York with Liberty bonds trading around 100.24 for Liberty 4% series and 101.30 for first Liberty, 100.28 for second Liberty, 101.14 for third, and 102.40 for fourth Liberty. Treasury notes quoted near 102.20 and 106.12 for discount marks.
MENTIONED IN THIS ARTICLE
New York
United ‘States
Liberty Syane
Taberty
Liberty
Libary
Treasury da
Traseury Dks
Money Market Rates and Terms Amid Short-Term Debt Options
New York July reports list money market items including APC ald money and loan acceptances at 3 to 4 percent. Time drafts and commercial paper offer 4% yields for 60 to 90 days or 4 to 6 months, with varying collateral and terms.
MENTIONED IN THIS ARTICLE
New York
Timeere Firm
Foreign exchange and livestock notes from Chicago markets
Foreign exchanges show irregularities with varied quotations for Britain, France, Italy, and others. In livestock news, Chicago receipts total 4,000 cattle as week-end trade remains generally steady with scarce well finished steers and yearlings around 14.25 dollars.
MENTIONED IN THIS ARTICLE
Chicago
Sugar Market Steady as Prices Edge in Mixed Trading
New York July 31 The raw sugar market remained quiet with prices unchanged at 4.27 a hundredweight for Cuban duty paid. Futures trading was moderate with irregular prices. opening levels held steady to slightly higher on covering and European demand before softening under liquidation. September 2.96, December 3.71, March 2.78, May 2.88. Refined sugar markets were unchanged at 6.20 to 6.40 for fine granulated with light demand.
MENTIONED IN THIS ARTICLE
New York
Butter Market Steady With Dull Trading In Chicago
Butter market today in Chicago showed steady tones with dull trading. Early sales of p2-score butter occurred below typical levels, while dealers held for 42 cents. Medium and undergrades were slightly weak. Centralized trading remained quiet and prices appeared extreme. Fresh 92-score butter at 41 to 42 cents, centralized at 90-score.
MENTIONED IN THIS ARTICLE
Chicago
Cotton prices ease as yarns drop in New York market
Dry goods reports from New York on July 31 note a quiet cotton woods period as the cotton market eased. Yarns softened with merchants marking lower prices while spinner prices stayed largely unchanged. Raw wool showed mixed movement amid cautious trading.
MENTIONED IN THIS ARTICLE
New York
Wool market quiet with selective movement in Boston
Wool trading in Boston July 31 shows general quiet for wool and textile trade with limited movement in domestic greasy wools. Some fine domestic fleece and Ohio stock show firmness around 56 cents a pound, but offers are being refused as owners view current stock as good quality property.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Wheat prices rise sharply in Chicago July delivery
Wheat for July delivery surged in Chicago trading reflecting an upturn that outpaced recent levels. Closing quotes ranged from 1.6544 to 1.66 per bushel, about 15 cents above tomorrow’s delivery, undermining cornering talk as bold traders who bet on month-end settlement faced losses.
MENTIONED IN THIS ARTICLE
Chicago
Dairy Price Report from New York on July Thirty First
Reports show butter receipts at 162. bigs irregular receipts 15 332. fresh gathered seconds 3144 320. cheese alarm receipts 142 049 pounds. No further context or dates provided.
MENTIONED IN THIS ARTICLE
New York
Poultry Market Report from New York July 31
Live poultry prices firm as of yesterday in New York, with activity steady and buyers cautious ahead of markets. Industry traders report small arrivals and stable demand for dressed and live birds.
MENTIONED IN THIS ARTICLE
New York
Great record for a Norfolk and Western brakeman Cal Henike
Cal Henike known as Cal, a prominent colored citizen of Bluefield, has a long service record as a brakeman with the Norfolk and Western Railway dating back to 1890. Orphaned young, he left home at seventeen, built a notable career across Roanoke Pocahontas division, married in 1896, has five children, and a large reunion with kin in Detroit, Columbus, Roanoke and Bluefield. He plans to continue working until retirement as he nears fifty-two. The piece also notes a Scott Street Baptist Church service schedule led by Rev. H. P. James with events morning and evening.
MENTIONED IN THIS ARTICLE
Henike
Cal
Norfolk and Western
Bluefield
Norfolk
Roanoke
Norfolk and Westers Jas
John A. Hardy
8. C. Malin
Detroit
Mich
Columbus
Ohio
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Weasioh
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Manet
Vow
General Electric
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United States
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Esa
Honda
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WEW
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Ameriguy Tobacco
Anteritan Walter Works
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Ataconda
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Baltimore and Ohio
Bethlehem’ Bical
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Petroleum Canadian Pagifle
Central
Gerra de Pasta Oy
Tee Heaapeake
Ehiengo
Northweatern
Meaga, Avind &J. Paul
Chcagy, R, I
Pacific Cock Cola
Colorado
Congoleum-Nairn Consolidated Gas
Crucible Steel
Davison’ Chemical
Farvertorre Mar
Intarnatient Nickel “Sieves
National
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Ork Central
American Paetroleum
Pan
American Patroleum
BennaSlvania
Eseeeess
Philadelphia
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Eaelnco
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Oes
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Muway
Vaceratio
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Studebaker
Texas Company
Texan and Pacific
Gildnan Pacific
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W. Vo
Tan Am
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Aei
THE
Bluefield National
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J. G. Ridinger
Scott Street Baptist Church
H. P. James
W. C. Moore
P. A
W. H. Walls
W. H. Allen
Bramwell Road
Brushfork
Midway
Wayne Street
Easley-Wilson Co
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T. O'S. Wilson
A. J. Cole
R. S. Graham
Degiatore
Signa
Ramatan Geads
Sand T. Mann
James Elwood Jones
Thomas F. Farrett
Gan
Mgr
A. J. McBride
Seles H. R. Hawthorne
DL. Alexander
Pocahontas Fuel Company
Ineaboabater
Ira
Pocahontas
Pocahontas Coal Field
Tidewater
Great Lakes
Pocahontas Fuel Company Incorporated, Sa
Fol'-Wa
Ss.sa
Pocahontua
Pocahontas Fuel Company, Incorporated
Virginia
Broadway
Main
MASK
Norbolk
Portland
Maine
Pocahontas Wharf
Moultoyal
West Virginia
New Bedford
Mass
Hitman Street
Aiantle Oast
Lambert's
Agenta
Henry Coe & Clerci
Plaza S. Matteo
Geneva
Cval Conauinern
Pocahontas Fuel Co., Inc
N. Y
Unio
B.C
Aenal
Bluefield, West VA
Room
Carolina Ave
Easley-Wilson Co. Real Estate
Freckles
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