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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 06, 1934
Page
9
In doubled contracts that must fail, the declarer should choose a line that minimizes penalty, usually aiming for the smallest set unless a very poor break makes it risky. In match point duplicate play, a sacrificer should keep penalties within the points opponents could score for their game, to avoid bottom scores. East dealer. East and West vulnerable.
The declarer, South, pursues a safe line to avoid a down two and opts for a three-trick penalty of 450 points after sacrificing to avoid a likely four-trick loss. He trump leads, avoids touching trumps, and aims to seven tricks, with outcomes depending on opponents’ actions.
Transfers show Frank oan to Elizabeth Jon hear Duht ing for $1 many names and parcel details listed. J Tiller to Williams Tillier200 acres on Rich wok area for $200. W J Tiller and wife to Arthur Lane 57 on Rich creek for $200. MacDonald Rice lot 8 section 1 Mercer Street Princeton for $14.59. Oakhurst lots offered with six thousand price and terms. Dan ley Wilson Co seeking buyers for jots in Southfield and cash offers. Daily Telegraph advertisement style notice.
Default on a March 1 1929 deed of trust prompts a December 15 1934 sale at Bluefield West Virginia for cash. Property lies on Spring Grove Avenue Lake Street Powhatan Avenue Hooper line and begins on the south side of Spring Grove Avenue. Frank M Peters trustee. Also December 20 1934 sale of Montgomery Brothers and C A Shupe accounts receivable at the Batley Building Bluefield for cash under deeds of assignment. C B Smith Trustee.
In the Southern District of West Virginia the bankruptcy of David Samuel Olinger is declared. The first meeting of creditors will be held December 18, 1934 at 10:00 AM in Bluefield Mercer County West Virginia at 516-317 Law and Commerce Building. Creditors may attend and prove claims, appoint a trustee, or examine the bankrupt.
Aviation pioneer Calbraith Rodgers completed the first transcontinental flight in 1911, marking a historic milestone in U.S. flight as he navigated from coast to coast in a solo expedition challenging early air travel limits.
Radio program note lists coast to coast network basics and station lineups. Includes schedules for East West and Pacific regions with artists such as Xavier Cugat, Rudy Vallee, and Amos n’ Andy, plus morning through midnight blocks and various coasts.
Iron Age reports a continued rise in steel production to 29.5 percent of capacity from 29 percent last week. November pig iron output up 4 percent with total production around 956,940 tons and a higher daily average. Scrap markets grow buoyant with price increases across Chicago Philadelphia and Pittsburgh.
New York on December 5 reports raw sugar firmer with January processing advancing 5 points to 2.60 per bag. Futures show extra activity with higher final levels 8 to 6 points up and refined granulated at 4.40, down 10 points.
On December 5 New York markets rallied as wheat and corn futures led gains. Broad demand pushed turnover to 1,630,913 shares, the most since July 27, with gains across rails and industrials while bonds and staples posted advances. Industrial issues rose on growing dividends and improving market confidence.
Listings from the New York Stock Exchange show Western Union at 97 percent, Westinghouse Airbrake at 26, Westinghouse Bloc at 3 and Woolworth and Worthington values among other quoted securities.
C B Hancock reports the Appalachian Power Co offering preferred stock priced at 6.00 and 7.00 dollars per share, with the strong interest noted in the market. Aimed investors include local buyers and regional institutions seeking dividend yields.
Final bonds show Liberty 3 percent 18 with 32 47 terms at 108.19 and First 4 percent 8 at 103.21. Fourth 4 percent 6 at 103.24, Treasury 4 percent 48 at 112.12, Treasury 4s 44 54 at 08.2, Treasury 3s 46 56 at 106.16, Treasury 3 percent 40 43 June at 104.8, Fed Farm Mgt 3s 5 at 101.4, Home Owners Loan 4 8 at 101.4, Home Owners Loan 3s 52 at 98.30.
The treasury position on December 3 shows receipts 32 million 504 thousand 609 dollars and 21 cents, expenditures 55 million 346 thousand 704 dollars 25 cents, balance 1 million 561 thousand 20? 426.31. Customs receipts for the month total 2 million 625 thousand 644 dollars 49 cents. For the fiscal year since July 1 receipts amount to 1 billion 491 million 37 thousand 636 dollars 76 cents and expenditures 2 billion 964 million 153 thousand 152 dollars 62 cents including emergency spending 1 billion 556 million 686 thousand 205 dollars 70 cents, excess expenditures 1 billion 473 million 515 thousand 686? 86 cents. Gold assets stand at 8 billion 132 million 944 thousand 586 dollars.
Cotton goods were firm today with trading quiet. Rayon yarns sales by large producers will take the full December and January production. Rayon finishing plants have resumed work in Paterson and received abundant goods for processing. Spring silks sold well. Moderate sales of men's wear reported. Dress goods and coating sales increased.
New York December 5 reports a choppy curb market with some gains and notable churn in prominent stocks. Pacific Tin led specialty gains, Dow Chemical and Gulf Oil rose, United Shoe Machinery and others firmed, while Pittsburgh Plate Glass and Swift lost slightly. Transfers totaled about 223 thousand shares, up from 165 thousand the day before.
Hogs totals near 41 000 with direct sales of 14 000 and price ranges from 3.75 to 6.00 for various weights. Cattle listed at 12 000 commercial and 2 000 calves with steer, heifer, cow and bull prices spanning 2.75 to 10.25. Sheep total 17 000 with fat lambs and feeding lambs showing shifts, while slaughter sheep and lambs vary by weight and class.
Lancaster Pa December 5 cattle 275 fat steers steady cows and bulls in demand firm good stockery and feeders steady plain and medium slow weak calves 183 demand fair hogs 561 firm choice western wholesale 6.75 7.00 retail 7.26 sheep 44 lambs steady
In Chicago on December 5 wheat surged close to five cents a bushel and corn topped six year price highs. Wheat finished up about 2.8 percent from yesterday, while corn rose about 1 percent, with oats and provisions steady. Meanwhile American missionary efforts in Africa mark a centennial year amid a noted decline since 1930 retrenchment.
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