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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 08, 1933
Page
12
Stocks showed quiet firmness on December 7 as favorable dividend news and anticipation of business improvement offset speculation. Rail and utility shares rose on dividend resumptions while bonds gained. the Treasury’s new one year certificates for about 950 million drew primary attention amid a moderate trading day.
James & Mann present quotations furnished by members of the New York Stock Exchange and other principal exchanges. Manager phone 1800.
For Sale or Trade offer seeks grist mill stock merchandise or town property to trade on farm. Write W. Henson Riverton Va for details.
Joseph M. Sanders trustee announces a cash sale of Lot No. 3 Section 813 Bluefield West Virginia under a 1924 deed of trust by W. G. Palmer and Elsa Palmer. Sale at 3 PM December 8 1933 at the front door of the Commercial Bank building Bluefield.
A bankruptcy petition seeks discharge of debts with orders for notice to creditors. The filing outlines debtor identity, filing date, and appointed trustee, prompting creditor claims and final discharge once confirmed. Local procedures govern notice publication and response timelines.
Creditors and beneficiaries of the G. T. Frazier estate are notified to present verified claims with vouchers to the signatory at their Princeton West Virginia office by June 1 1934 or be excluded from benefits. Beneficiaries must appear to protect their interests. Dated the 29th day of erder 1934.
Trustee D M Easley will sell at public auction Lot 3 Section 964 at the front door of Mercer County Court House Princeton WV on January 5 1934 at 11 oclock A M due to default on a deed of trust dated January 2 1930 by Ben H Williams and Martha M Williams The sale terms are cash and the description follows the official map of Bluefield and specifics of Oakhurst Avenue boundaries.
Huff Andrews & Thomas Company Inc announces the withdrawal of its privilege to operate in West Virginia under its Virginia Charter to continue business under a West Virginia Charter. By W H Thomas, President.
Alabama Great Southern Railway declares 2.00 common and 1.50 preferred dividends payable December 30 to holders of record December 18. General Tire resumes 1.50 preferred quarterly dividend payable December 30 to record December 20. Liquid Carbonic resumes 0.25 regular plus 0.25 special, payable February 1 to record January 20. Pratt and Lambert declares 0.12 1/2 cents extra on common payable January 2 to December 15 holders. R. J. Reynolds Tobacco declares 0.75 dividend on common and B stock payable January 2 to December 18 holders.
Sears Roebuck and company reports fiscal year to date sales ahead of 1932 with a November gain. November 6 to December 3 sales reach 2,763,631 dollars versus 22,609,104 last year, up 27.2 percent. For January 20 to December 3, total sales are 231,420,457 dollars, down 0.4 percent from last year.
The log lists egg grades and weights with color, size, and standards updates. It notes changes in refrigerator and exchange prices for nearby and midwestern markets, plus live and dressed poultry movements and freight costs.
The curb market rose early but could not sustain momentum to close. Utilities and alcohols gained moderately before light offerings. Industrial specialties posted the best advances with Jones and Laughlin Steel up 2 points. Pan American Airways and Driver Harris rose, along with Aluminum Company of America, Glen Alden Coal, Lake Shore Mines, Humble Oil and A. O. Smith. About 230000 shares changed hands, similar to yesterday.
Washington on December 5 shows receipts of 18.7 million dollars and expenditures of 23.06 million, leaving a balance of 1.03 million. Customs receipts for the month total 4.29 million, and fiscal year receipts since July 1 amount to 1.185 billion. Expenditures reach 2.029 billion, including 784.09 million for emergency relief, an excess of 844.60 million.
United States government bonds closed with Liberty 3s at 100.2 and First 4s at 101.16. Treasury 4s 45 at 105.25 and 46 at 102.12. Treasury 3s 46 at 109.25 and 40 43 June at 99.9.
Call money held steady with a high of 1 and low percent during the session. Time loans showed uneven demand with 60 days to 4 months at 1 and 5-6 months at 1.25 percent. Prime commercial paper traded at 1.44 percent and bankers acceptances remained unchanged.
Chicago December market notes show corn rising to near intraday highs while wheat showed indecision. Traders moved on speculative activity with corn closing near the day’s top, signaling strength in corn amid uncertain wheat moves.
In pais as well with two grains finishing about 1 percent higher than yesterday, wheat slipping a cent, and provisions steady to rise by seven cents.
Raw sugar in New York on December 7 held steady at 30 cents for spots and closed 2 to 4 points higher. Sales totaled 14,350 tons with refined sugar unchanged at 4.50 per 100 pounds for fine granulated.
Cotton goods were quiet and firm with many buyers declining to consider contract business. Gray cloths are being cleaned of spots and sheetings were firmer. Wool representatives agreed on recommendations toward code changes to provide a coe authority and adjust trade practices.
Chicago reports butter prices steady with fresh scores around 214 percent and 93 on a scale. Centralized carrot prices show varied readings with scores from 90 to 88 and percent changes ranging from 15% to 20.
Lancaster Pennsylvania December 7 cattle 386 fair activity at steady prices early tops 1280 lb averages around 5.00 calves 75 steady with stronger demand hogs 200 steady to strong light supply choice westerns 4.20 4.50 smalls 4.00 locals 4.00 sheep 18 nominal
Toledo grain prices listed for December 7 show No. 2 red wheat at 84 85 and No. 2 yellow corn at 49 51 in market. No. 2 white corn quotes are 37 38 with warehouse prices noted and seed storage values for red clover and other seeds. Wheat futures are 4% above track, corn 45 cents above, and oats 3 cents above. December 8 red clover at 8.00 and March at 8.25 with steady readings overall.
At Pittsburgh on December 7, hogs 2,600 head with holdovers 450, mostly steady and fairly active. Prices ranged 3.75 for 170-250 lbs, 8.50 for 269-350 lbs, and 3.00 for 75-120 lbs. sows around 2.75. Cattle 65 head with top fed steers about 5.40, grass cattle 4.50-5.00, good heifers 3.50-4.00, cows steady, bulls 3.50 down. Calves 225 head, slow and down 50. grading fair to better 6.00 for better wealers, 4.50-5.50 medium, 2.00-4.00 culls, heavy calves 5.50 down. Sheep 1,500 head steady. fat lambs 6.75-7.25, medium 4.00-5.50, yearling wethers around 5.50 down, aged wethers 3.25 down.
Cattle numbers 1 200 with steers and heifers active and higher. Bulls and cows show wide price ranges across grades. Sheep and lambs 350 steady, hogs 800 lower with varied weights. Calves 75 steady with good to choice values.
U S and Pa Depts report moderate demand for produce in Pittsburgh. Apples see steady wholesales with various varieties listed including Kings Starks Wealthies Baldwins and McIntosh priced per bushel and per 100 pound sacks. potatoes show steady demand with Maine Green Mountains and New York Rurals prices noted. butter eggs cheese and poultry also listed.
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