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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 07, 1933

Page

9

Two Trainmen Die In Railroad Wreck Near Fredericksburg

A Seaboard Air Line northbound passenger train collided with the derailed southbound freight at Cherry Hill twenty five miles north of Fredericksburg Virginia. Engineers Edward E. Kuhn and fireman W H Jordan Jr. were killed. five other crew members and two passengers were injured including Mrs H H Lavenstein of Petersburg and B J Nicholson of New York. Ducks in Minnesota lakes suffer lead poisoning from heavy hunting shot.

Fredericksburg Seaboard Air Line R. F Cherry Hill Here Edward E. Kuhn W. H. Jordan Jr Richmond

Markets show narrow range after a mild stock decline

New York December 6 Stocks paused after a prior surge with a slight net drop in averages. Total trades reached 1,552,743 shares as bonds improved and government issues softened. Burlington and Santa Fe boosted carrier shares amid mixed activity across rails and other groups.

New York United States Wall Street Treasury Stock Exchange Rails Burlington Santa Fe Great Northern Northern Pacific

Stock Exchange Quotations See Mixed Veal Calf and Sheep Rates

Stock exchange quotations show vealers and calves steady for better grades with direct sales at 740. other veal sales slow. Lambs weaken 15 to 30 cents with good to choice around 7.50 to 8.00. medium 6.00 to 7.00. Hogs sold all direct with 2,870 head noted.

Hancock Investments and Appalachian Electric Power Deal

Investment notes show Appalachian Electric Power Co purchasing preferred stock from B. Hancock Investments for six dollars and seven cents per share. The deal outlines a $6.07 price and related investment details.

Market roundup shows gains and losses across major issuers

Burlington advanced around 2.5 million dollars in value, with Santa Fe up 45 percent on its senior issue. Leaders rose then fell with profit taking. steel and consumer names like U S Steel, American Can, General Motors, GE, Sears, Westinghouse edged down fractions. Alcohols eased little. US Tobacco rose on a $5 dividend. Johns Manville and American Radiator traded actively on expansion hopes.

Burlington Santa Fe United States Steel American Can General Motors Case General Electric Sears Roebuck Westinghouse American Telephone U. S United States Tobacco Johns

Foreign exchange rates in New York on December 6

The report lists easy foreign exchange rates with Great Britain at 6.11 percent demand and 5.11 percent cables, 60 day bills at 5.10 percent, plus France and other nations' demand and cable figures. It includes Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Portugal, Greece, Poland, Czechoslovakia, Yugoslavia, and Austria with corresponding rates.

New York Great Britain France Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria

Irregular Exchange Figures with Mixed Nomenclature

The data list presents currency and location pairs such as Romania Argentina Brazil Tokyo Shanghai and Hong Kong with varying numeric values. It includes entries like Montreal in New York and New York in Montreal with precise decimals, labeled nominal.

Rumania Argentine Brazil Tokyo Shanghai Hongkong Mexico City Montreal New York

Government bonds close in New York trading

United States government bonds closed with Liberty 244s at 100.3, Fleet 4448 at 101.3, Treasury 3s at 101 and 99.13 for the June series, Fourth 4s at 191.16, Treasury 444s at 105.31, and Treasury 46 at 102.22.

New York United States Liberty Fleet Treasury

Bond market steadies as corporations lead gains

New York reports brisk brisk corporate loan gains led by rail issues while United States government securities sag moderate. Trading volume edges higher with $13,081,000 in sales. The 60 domestic corporate issues average rises half a point as currency stabilization lends support to high grade mortgages and the dollar steadies against sterling.

New York The Rails United States Eterling

New York Money Markets Hold Steady Across Instruments

Call money remains steady at percent all day as time loans show little change. Short-term letters of credit and prime commercial paper hold near last levels with bankers acceptances unchanged in quiet trading.

New York

Treasury Receipts and Expenditures Report

Treasury data as of December 4 shows receipts of 27.54 million and expenditures of 34.64 million leaving a balance of 1.03 billion. Customs receipts for the month total 3.62 million. Fiscal year to date receipts are 1.17 billion against 2.01 billion in expenditures, including 775.74 million for emergency relief, leaving an excess of 841.25 million.

Washington The Treasury

Lancaster livestock market report December prices steady to weak

Lancaster Pennsylvania December 6 cattle and calves about steady with cows bulls and heifers steady feeders slow. calves steady with top vealers 7.50 to 8.00 and a few at 8.25 to 8.50. Hogs 287 head weak to 10 lower with choice western carrots 4.20 to 4.40, smaller lots 4.50, locals 4.00. Sheep 8 on Tuesday prices noted.

Lancaster

Jersey City Livestock Market Report

State Department of Agriculture report from New York and Jersey City notes cattle totals of 360 with 220 direct shipments. Steers priced as nominal. bulls steady from 2.25 to 3.50, some 3.60. cows included in the market.

Jersey City State Dept. of Agi New York

Egg Prices and Poultry Rates Amid Market Flux

New York reports varied egg prices with unsettled markets and mixed color packs from fresh receipts. white eggs show high premiums at 82 33 percent. Dressed poultry remains irregular. live poultry ready to firm with express rates for chickens, broilers, fowls, turkeys, and ducks showing price ranges.

New York Hennery Exchange Midwestern Exchange

Dry goods market bids and price moves in New York gob

In New York on December 6 bids for print cloths fell one sixteenth of a cent for delivery next year. Quilt prices dropped 23 percent by a large factor while rayon orders for Jan-Feb began at unchanged prices. Slated plans consider January output cuts as silk goods stay steady in moderate demand and wool blankets remain under orders for six weeks. Burlaps remained quiet.

New York

Pittsburgh Produce Prices and Trends Report

Produce demand slow with apples largely steady across varieties. Prices listed per bushel or crate include New York Kings 1.15 and Baldwins 1.00 to 1.50. West Virginia and Massachusetts offerings noted. potatoes steady with 100 lb sacks around 1.35 to 1.90. butter eggs cheese poultry unchanged.

Pittsburgh U. S New York Starks Baldwins McIntosh Pennsylvania West Virginia

Butter Market Signals Mixed Prices In Chicago Trade

Butter unsettled as Chicago early prices show varied quotes with several values including 93 and 2114 for fresh butter and multiple percentages. Centralized carrot figures appear alongside butter quotes with numbers like 90 20 and 89 18 percent.

Chicago

Sugar market steady with firm bids and sales reported

Raw sugar in New York was quiet with no sales but offerings at last paid prices. Spot price held at 3.30 and shipment to the Philippines at 8.18. Final prices 2 to 3 points higher. Sales totaled 17 500 tons. Refined sugar steady at 4.50 for fine granulated.

New York Philippines

Curb Market Closes Mixed Amid Small Rally in Alcohols

Consolidation followed yesterday's gains on the curb exchange as prices ended modestly irregular. Alcohols staged a small rally while oils held steady and metals and utilities varied. Notable movers included Hiram Walker up 2% and Distillers Seagrame up about a point with Gulf Oil Parke Davis Standard Oil of Ohio and Electric Bond and Shere steady to higher. Volume neared 228,000 shares.

New York Hiram Walker Seagrame Gulf Oil Parke Davis Standard Oil Ohio Electric Bond Shere Transfere

Trade Trends in 1933 Metals and Rubber Demand

Carbon black domestic sales for 1933 are estimated at 180 million pounds with about 80 percent used by rubber. Exports reach 135 million pounds. Iron ore shipments from upper lakes in 1933 total 21 623 98 tons versus 3 567 985 tons in 1932. Lead shows firm market around 4.15 cents a pound as December and January demand rises.

Standard Statistics Company Upper Lake Ports Lake Superior New York

Burlington Pays $3 Dividend On Capital Stock

The Chicago, Burlington and Quincy Railroad directors declared a $3 per share dividend, the first since June 1932, expanding the group of railroads with improved payouts as rail revenues improve. Santa Fe restored most of its reduced preferred stock dividend, and Chesapeake and Ohio along with Chesapeake Corp raised disbursements earlier in the year. Financial quarters had anticipated resumed payments.

New York Chicago, Burlington and Quincy Railroad Company Wag Burlington Board Circle of Railroads Santa Fe Railway Chesapeake and Ohio Chesapeake Corporation

Dividend Declarations Hit Several Firms This Week

Directors of Homestake Mining announce an extra dividend of 1 a share in addition to the 1 regular monthly payment, both due December 23 to holders of record December 20. Dictaphone resumes dividends with 25 cents per common payable December 21 to record holders December 11, first since March 1, 1932. United States Tobacco declares a special 5 dividend on common and the regular 1.10 quarterly dividend, payable January 72 to stock of record December.

Homestake Minin Company Usua Dictaphone Corporation United States Tobacco Company

Louisiana nominee offers to cancel victory in Sixth District race

Baton Rouge reports Mrs. Bolivar E. Kemp widow of the late Sixth District representative proposes to cancel her victory and enter a primary with all candidates, saying the move aims to end factional fighting and restore peace after days of anti administration demonstrations.

Baton Rouge Louisiana Bolivar E. Kemp Huey P. Long Kemp

Byrd Likely Sails for South Pole Tuesday

Rear Admiral Richard E. Byrd may depart Wellington next Tuesday for the South Pole. He plans to use a wooden vessel to conduct oceanographic work ahead of his flagship in preparation for the ice barrier. The main camp will be at Little America with an advance base 400 miles south to observe winter weather conditions.

Wellington N. Z Richard E. Byrd South Pole Habor Toay Byrd Little America

Also Mentioned on This Page

Commerce Street G. L. Farr Crawford's P. O Narrows Barrow Motor CO Nash Chevrolet Studebaker Ford Platnick Brothers Roanoke S&t Auto Sales and Service Corp Raleigh ST Automobile Service 17 Bluefield Ave U. R. Nex Federal Street NEW Rainbow Cleaners McCulloch Harry Henderson Er Davis Nixon Paint and Paper CO Rawleigh Princeton Wyoming Raleigh Rawleigh Co Dept Nashville Tennessee WC Garriott Southern School of Printing South Street Tenn Care People's Loan CO Gilbert American Loan CO Woolworth's State Banking Dept Rainbow Cleaners McCulloch Avenue City Lilly Brothers General Contractore Saleaman Telegraph Commercial Printing: CO Daily Telegraph Building WMFE McKenney American Bridge League West South North Toronto AKIOS E. and W. Val West Pass East Pass W. Howard Woolworth Niagara Falls N. Y Woolworth McDowell W. Va Greenbrier Coal and Coke CO Easley-Wilgon CO Peery Ride Fourth Street South Mercer Street Albemarle Street Highland Avenue Montcalm Frank Wall W, Va Bland North Streets Frederick Monroe Street Carolina Avenue Dr. Compton C. T. Johnston J. G. Meadows Kelleysville Community Savings and Loan Company Ida Aes Bluefield P. Mitchell Lana Ratcliff C.N. Kirby C. B. Pauley Commercial Bank Mercer County Fifth Street Chestnut Street Union Trust Company Hassell H. Harvey Ada Harvey Trustea Paul Heavener Taylor's Morgan's A. B. Jones Telegraph Commercial Printing CO Musical Instruments Care Daily Telegraph Warlick Fairview Farms, Inc Quitman L. C. Smith Daily Telegraph Lee Plano Company Lynchburg Virginia Community Realty CO Minnesota Standard Statistics Co Ind. R.R Ut’ty Kalisee High Low West Virginian Hotel Bidg Livingston and Company New York Stock Exchange James B. Mann Eastman Kodak Pat Aghting Alleghany Corpn Sane Elec Storage Battery Packard Motors Ene Allied Chemical Bria Arstnaces Dtiessess Penick and Foster Wheeler Penney J Allis Chalmers O-Svces Fox Film Amer Freeport Texas Tank Sane Philips Pet Nu I. Ovis Amer, Rolling Mills Gen. Motors Saeeee Pullman Seen Peaeh Cy Gen Signal Eeees Tradio Corpu Seeeees Amer Steel Fay Seves Gillette Safety Wee Keith Orpheum Sugar Wee Sd Amer, T Deby Reo Motors Amer T .Ry Royal Dutch Thee Stm Armour Hudson Motors St Joseph Lead Teee Hupp Motors Socony Vacuum Baldwin Loco Calif. Edison Int Tel Telaeae Ins ST Ly Barnsdall Tee Eenee Inland Steel Sevae Sou Pac, Sanee OM Bendix Aviation Johns-Manvilie Wae Hay Tenee Tweens Best Coneeaee Sie Us Bethlehem Steel Kennecott Borden and Co S. Kresge Lambert Co Seaveree Stewart Warner See i Byers Pipette Ebenee Ffican Corp Stone and Webster Canada Dry Sewer Lehn and Fink Studebaker Oownaee Canadian Pacific Sess Liggett and Myers “Br S64y Boy ‘Texas Texas Cerro de Pascoe Lowe's Inc Aeey Wee Siph Timken Roller Be Chesapeake Cetwe Transamerica Corp N. Ae Pees Union Carbide Lou. Gas Elec Union Pac Pitas N Seige Estern McKesson and Robbins United Aircraft Impr Wane Com Credit O Montgomery Ward Se Iy Teel Wewee See Com Solveris Wee B1f Nash Motors Wee Vina Steel Congoleum Nair TV Oony Nat Biscuit Ween Warren Bros Nat Warner Bros Curtiss-Wright N. Ae Central Penousere Westinghouse Ec Curtiss-Wright “Ae Seweane North Amer Manville Lancaster Livestock Jersey City Livestock NEW York Poultry Associated Press Wall Street Briefs
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