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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 06, 1938
Page
9
Abbott Proctor and Paine, members of the New York Stock Exchange and other principal exchanges, furnish stock quotations. Office listed at 507 Raleigh Street, with Ames & Mann as managers and phone contact 1800.
The No 3 sugar futures contract fell 25 points in heavy selling, trading under the 1939 quota system while refined sugar held steady around 4.50 to 4.55 per unit. Details reference revised totals and government quotas as the market moves.
Pittsburgh market telegram shows demand moderate for produce with 9 car loads and a steady market. Prices listed for apples potatoes butter cheese poultry and other items reflect current receipts and regional varieties, with several weight and grade distinctions noted.
Chicago grain notes diffuse moisture shortage expectations boost wheat by about 1% cents and lift corn, with export sales of roughly 750000 bushels of Canadian wheat and 250000 bushels of U S corn cited. Futures close modestly higher with mixed gains across oats and provisions.
Cattle receipts 1 325 with varied prices across steer and cow categories. Hog and lamb listings show mostly lower prices with ranges for weights and grades. The piece closes with a note that lime was used historically to correct acidic soils, aiding crop health.
Chicago livestock market shows hogs at 10,500 with slow, uneven sales. Cattle with 9,000 head, calves 1,000. steers dull near 8.00, best fed cows to 7.00, vealers 9.50 to 10.50. Sheep with 2,700 head, fat lambs and yearlings weak to 25 lower, good to choice lambs at 9.00 to 9.50. yearlings around 1.65 per pound, ewes about 3.75.
Pittsburgh livestock markets on December 5 saw hogs at 2100 direct and 2900 total. prices mostly 20 cents lower with 240 lb hogs around 8.00, heavies about 7.50 to 7.75. Cattle 1050 head included 250 direct. steers selling 9.50 to 10.75, down about 25 cents. bulls up to 6.85. Calves around 11.04 to 12.50 for good and choice. Sheep 1450 with lambs 9.50 to 10.00, sheep 4.25. Market steady to lower overall.
Lancaster stockyards report Dec 5 shows fat steers steady to 25 lower, heifers and feeders steady, calves limited with price spreads from 50 to 12.00, lambs about 50 lower with choice around 10.00 and medium 8.00 to 9.50, bucks near 1.00. Demand fair from west locals and nearby buyers.
Wheat prices quoted No. 1 red at 6514 66 and No. 2 red at 6414 65 with other varieties listed. Soybeans No yellow at 74 1d, grain in store shows above-track quotes for wheat corn oats and soybeans. Hay and straw prices include timothy No 1 at 7.00 and alfalfa cuts at 7.00 8.00 with wheat or oats straw at 4.00.
New York stock report shows irregular trading in steels and aircrafts with late bonds mixed as governments demand. Curb and industrial shares dip while foreign exchange edges lower. steam era currencies sterling and franc fall. Cotton improves with trading houses active. sugar weak and high quotas persist. coffee declines. markets eased overall.
New York stocks closed mixed after a late rally in steels and aircrafts. Gains ran about two points for some issues while many leaders failed to gain traction amid tax selling and wary foreign affairs. Prominent movers included Bethlehem Steel United States Steel Sperry United Aircraft Boe ing with declines seen in Westinghouse General Motors and Chrysler.
The Associated Press compiles daily bond averages across market segments. Figures reflect yields on government and corporate bonds, with shifts noted by duration and credit quality. Analysts use these benchmarks to gauge liquidity and investor sentiment in fixed income markets.
New York December 5 United government obligations rose as the treasury published detailed terms of its December financing. Corporate issues lagged, rail and utility bonds fell, trading favorites dipped, while industrials and foreign dollar loans held steady.
Treasury securities including 34 s at 43 40, 3 s at 41, 34 s at 46 44, 31% at 49 46, and Home Own Ln 3s at 52 44 are listed with current quotations and adjustments reflecting market activity in New York.
Public auction will be held at the Law and Commerce Building Bluefield West Virginia on the specified December date at the appointed hour to satisfy a trust deed dated October 1 1932 by H S Morrison and Charlott Morrison to J H Hall trustee for Stella Pemberton securing a loan. The parcel lies on the west side of Allen street Bluefield Mercer County described by metes and bounds in the trust deed record.
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