Bond Market Shifts As Merger Hopes Lift Some Issues
Ahern bering notes selective issues rallying with new ads by Chesa Peake and Ohio convertibles touching 111 as minority stockholders ease merger opposition. Foreign issues show mixed moves with Jurgen 7s reaching 107 and Belgian 7s slipping after syndicate expiration. Rail liens gain modestly while utilities and chemical issues show varied advances amid corn, hogs, and sheep market activity and wheat bid moving from Chicago to other cities.
MENTIONED IN THIS ARTICLE
Chesa Peake
Ohio Convertibles
Bordeaux
Hungary
Peoria
Hastern
Katy
Chicago
Illinois
Florida
Utah Power
Latrede Gas
Denver Gas
Kansas Gas
Kansas City Power
United States
Outburst of Enthusiasm Lifts Industrial Averages in New York
An upsurge in trading carried the industrial average higher led by Steel common and Van Sweringen rail stocks. Prices rose across many issues with gains in General Electric United Cigar and Virginia Railway while riskier names like International Shoe faltered on regulatory news.
MENTIONED IN THIS ARTICLE
New York
Steel Common
van Sweringen
Becom
Chesa- Peake
Ohio
Bank of England
New York Federal Reserve
Bradstreet's
Dun
Midland Steel Products
General Railway Signal
New York Central
General Electric
Mack
Burroughs
Internal Combustion Engineering
American
Air Reduction
General Paking
Glidden Company
Great Western Sugar
Gulf States Steel
National Canners
National Dairy Products
New York Dock
Pullman
Republic Steel
South Porto Rican Senar
United Cigar and
Virginia Railway and Power
International Shoe
Federal Trade Commission
Mallinson
Coca-Cola
Frank G. Shattuck
Interna
Bond Market Averages and New York Stocks Report
Bond market averages show declines for rails utilities and industrials with combined average at 91.90, down from 91.81 last week. Total sales reach 11,667,000 dollars as New York stock listings include Allied Chemical, American Can, American Car and Foundry, American Petroleum, and others amid scattered price quotes and notes on preferreds and industrials.
Foreign exchange rates and world currencies noted
New York reports irregular foreign exchanges with quotations in cents. Listings include Great Britain at 4.85 percent for demand and 4.85 for cables, 60 day bills at 4.81, France 4.68 and 4.69, Italy 3.59, Belgium 4.51, Germany 23.80, Holland 40.15, Norway 18.27, Sweden 26.86, Denmark 22.74, Switzerland 19.42, Spain 14.42, Slovakia 2.96, Yugoslavia 1.79, Austria 62, Romania unknown, Argentina 40.37, Brazil 11.75, Tokio 41, Shanghai 7.84, Montreal 100 1/16.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Slovakia
Jugo Slavia
Austrian Rumania
Argentina
Brazil
Tokio
Shanghai
Montreal
Chicago Livestock Prices and Trade Report
Livestock market summary from Chicago on August 7 notes cattle receipts around 3,000 with dull weekend trade on most killing classes and generally steady pricing. Cattle quotes seen in the 11 to 13 dollar range for selects, with cows 4 to 8 dollars and grain fed steers 8.5 to 10 dollars, while hogs show 14,000 receipts and moderate activity with lighter weights softer.
MENTIONED IN THIS ARTICLE
Chicago
Sugar Prices Rise in New York Raw Sugar Market
In New York on August 7 advances were recorded in the raw sugar market with spots at 4.40 duty paid. Reports of 30,000 bags Cuban from store for prompt shipment at 4.37 yesterday and about 50,000 bags sold from store plus 36,000 bags for prompt shipment at 4.40 today. Futures closed steady to unchanged as outside liquidation balanced by spot strength. September 2.58 December 2.72 March 2.79 May 2.88. Refined sugar market was unchanged.
MENTIONED IN THIS ARTICLE
New York
Seed market report notes various wheat and timothy prices
Seed prices listed include No 2 red wheat at 4. Clover-Cash at 1445 with October and December figures 15.20 and March Alsike December 13.90 asked. Timothy-Cash at 3.95 with September seas October 4.15 and December.
MENTIONED IN THIS ARTICLE
Toledo
Clover
Timothy
Dairy prices and receipts in New York market
Butter steady with 11,434 receipts. Creamery markets higher than extras with 42% to 44 cents. Firsts at 41 to 44 cents. 92 score at 43 cents. No. 2 is 33% to 3.0 cents. Exes irregular with 14,774 receipts. Fresh gathered seconds at 31 to 32 cents. Cheese steady with 245,917 pounds received.
MENTIONED IN THIS ARTICLE
New York
Wheat surges in Chicago on strong buying by eastern houses
Wheat soared to an extreme gain of 17 a bushel above last week’s close and 6 cents higher than yesterday as eastern connected buyers led the rush.
MENTIONED IN THIS ARTICLE
Chicago
Bie
Eastern Connection
Dry goods markets steady ahead of government report
New York August 7 reports cotton goods quiet as buyers hold back awaiting the government cotton report. Burlaps show more futures activity while raw silk rises. Silk goods stay active for fall with woolens and worsted strongest in specialties.
MENTIONED IN THIS ARTICLE
New York
Boston Market Reports Quiet Trade Across Wool Goods
In Boston on August 7 4 the local market was quiet with prices unchanged. De laine of better class remained firm at 65 to 6 5 cents in the grease while some choice stock held at 56. Fine territory wools sold around 2301 36 dollars clean, with variations by lot. Buyers placed repeat orders on heavyweight and purchased lightweight goods in advance.
MENTIONED IN THIS ARTICLE
Boston
Government bond closes in New York on Aug 7
United States government bonds closed with Liberty 3 percent at 100.20, Liberty second 4s at 100.10, Liberty first 4 percent at 101.25, Liberty second 4s at 100.24, Liberty third 4s at 101.13, Liberty fourth 4s at 102, Treasury 45 at 102.25, and Treasury 4s at 106.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Call Money Firm Rates Hold at 4 Percent
New York August 7 call money market shows firm levels with high and low at 4 percent, ruling rate 4 percent, closing bid 4 percent and last loan at 4 percent. Time loans steady with mixed collateral, 60-90 days at 4 percent, 4-6 months at 4 percent, prime commercial paper at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Real estate transfers filed in county clerk office
Real estate transfers filed yesterday for recordation include T. O S Wilson and wife conveying 24 lots in Hale Land Company addition Bluefield to George N Bowling for $1 and C R McNutt transferring lots 1 2 and 3 to R B Vermilyea.
MENTIONED IN THIS ARTICLE
T. O'S. Wilson
George N. Bowling
Hale Land Company Addition
Bluefield
C. R. McNutt
R. B. Vermilyea
Property Transfers in Bluefield and Princeton Records
A stream of conveyances lists several property transfers across Bluefield and Princeton. Buyers include Hugh G. Johnston L. G. Scott Trustee James Kahle and H. E. Caperton with multiple lots on Luther avenue Wayne street and Beecon Princeton. Considerations range from 1 to 3 500 dollars with parcels in sections 8 28 1014 and 10.
MENTIONED IN THIS ARTICLE
Roundhouse
Princeton
C. G. Thompson
Bluefield
Clermont Land Association
W. C. Warlick
James 8. Kahle
Wm. E. Ross
Luther Avenue
H. E. Caperton
Wm E. Ross
Wayne
Butter market eases as buyers hold back in Chicago
Butter trading in Chicago today was dull with an unsettled undertone. Buyers appeared to hold off as trade was reported at 41 2 3 cents per pound for a 2 score, while demand for medium and lower grades remained weak and centralized offerings were noted at 90 acre and 43.
MENTIONED IN THIS ARTICLE
Chicago
Virginia Market Quotations for Poultry and Livestock
Richmond reports from August 6 show strong demand and firm markets for poultry with varied prices by weight and breed, butter and creamery products with steady trade, and eggs with light receipts. Cattle and calves in Lancaster and Jersey City show stable to rising prices, with beef steers and stockers modest activity and a top around $13.50 for calves. lambs and sheep in Jersey City remain active with higher bids for Kentucky and Virginia lots.
MENTIONED IN THIS ARTICLE
Richmond
Virginia Division of Markets
Best
Western
Lancaster
Jersey City
Fire Alarm Signals From Central Station Report
Fire alarms and phone signals listed for multiple streets and avenues in Bluefield Raleigh Princeton Midway and South areas. Alarms dispatched from Central Station with numbers attached to intersections and wards.
MENTIONED IN THIS ARTICLE
Southside
Northside
Princeton Ave
Russell St
Bluefield Ave
Mercer St
Goodall
Estnut St
Raleigh
Raleigh and
Stewart
Wing
Monroe
Monroe Sta. Ua St * and Princeton Ave. 25 Lee and Franklin Sts. 2 Talbert St
Reese
Marshall
Allen and Powell
Pulaski and Park
Bland
Jones
Williams
Ellis
North Sts
South and
Jefferson
Penn-Mar
Frederick St
East River and
College Ave
Walton Ave
Clark _ y an range
South Midway
North Midway
Henry and Ageqerter
Greenbrier and
Logan Sts
Upper Jones St
Forest and Union Oo
Forest and Union St
Oakhurst Ave
Rand
Central Station
Market Report: Livestock Prices and Weights
Receipts total 900 as Hoss Baltimore notes a market decline. Sheep stay steady with some good wethers at 6 dollars and handyweights 7 to 7.50. Desirable 160-200 lb averages fetch 15.20 to 15.30, 200-350 lb batchers 15.20, 130-160 lb types 15.10 to 15.30. Packing sows 8.50 to 18, slaughter pigs 80-130 lb at 12.50 to 14.60.
MENTIONED IN THIS ARTICLE
Hoss Baltimore
Auto Crowded Off Road Kills Pittsburg Woman
Mrs William Stewart forty one of Pittsburg was killed when the automobile carrying her was crowded off the highway near New Martinsville Hill and rolled down an embankment. Mr and Mrs Frank Ruffcorn and
MENTIONED IN THIS ARTICLE
Sistersville
W. Va
William Stewart
Pittsburg
New Martinsville
Hill
Frank Ruffcorn
Pittsburg Car Collision Manhunt Under Way After Crash
Three children from Pittsburg aboard the vehicle were uninjured. The motorist who struck the Pittsburg machine fled the scene as police and a city county posse pursue him in a concerted search.
MENTIONED IN THIS ARTICLE
Pittsburg
World’s Largest Dam Bargain Rock Filled Near Here
In Kentucky, construction of the world’s largest rock filled dam used over 750000 pounds of dynamite and blasted away more than 4000000 tons of rock, marking a monumental effort in the project’s progress.
MENTIONED IN THIS ARTICLE
Bargin
Rolling Pin Murder Case Sparks Domestic Tragedy
Ross, Eng Thomas Stevenson killed his wife with a rolling pin after she struck him when he returned intoxicated. The piece notes rat poisons and traps contribute to about two million dollars in annual U.S. expenditures.
MENTIONED IN THIS ARTICLE
Ross
Eng
Thomas Stevenson
United States
Also Mentioned on This Page
NEA
By Ahern
TW Gun
Nts
Columbus
Buster
Indus
Tional
Chera
Pete Marquette
Erie Common
Preferred
Ontario
C. B. Hancock
Slvemel
W._VA
First National Bank
Wat IE
Corpore“ Pol and Discount Corporation
Moses Hyman
Welch, W. Va
de Stern NY
Eastford
Connect Et Radford
Bristol
Lynchburg
Roanoke
Norfolk
Williamson
Charleston
Cincinnati
Ing Car
Portamouth
Gary
Welch
Mere
W. J. Wiley
Bluefield, W. Va
Allied Chemical and Dye
American Car and Foundry
American It
American Cutting and Nelley
American Petroleum
Ennsylvania
American B
American Reading
New Jersey
Warner Judge
Prterre Light
la Pont de Nemours
International
Imap
Kelly
Atchison Tinghouse Electric
Overland
Bluefield National Bank
Banking House
THE
Bluefield National
Bluesfiel
N.W. Va
Mortgage Service & Real
Commercial Bank Bldg
C. F. Lyda
J. G. Ridinger
Gov’t Bonds
Virginia Beach
Cape Henry
Ocean View
Washington
Baltimore
Petersborg
Cape Surf
Atlantic
Rinefield
Norfolk and Western Railway
Atlantic City
Henry
Freckles
Brosser
Alek
Ais Uncles Farm
Betts
AIS Uncles
Moml
Community Loan Company OF
Bland Street
W. C. Neikirk, Secy-Treas
Isaac T. Mann
James Elwood Jones
Thomas F. Farren
A. J. McBride
H. R. Hawthorne
C. L. Alexander
Pocahontas Fuel Company Incorporated
Pocahontas
Poetahontas
Tidewater
Great Lakes
PBC
Ortinaltas
Pocahontas Coalfield
Pocahontas Fuel Company, Incorporated
Virginia
No. 1
Broadway
Reo Va
Main St
Mass
Board of Trade
Traction
Rtland
Maine
Oul
West Virginia
New Bedford
Pocahontas Wharf
Hillman Street
Lambert's
Sandusky
London
Moxey, Savon & Co., Ltd
Lime Street Square
E. C
England
Henry Coe
Clerci
Piazza
Matteo
Geneva
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