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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 17, 1925

Page

10

Rail stocks surge to new year highs amid heavy liquidation

Heavy liquidation of industrial shares fuels a rail stock rally as twenty leading railroad issues hit fresh highs. Rock Island and Southern Pacific lead the surge with merger rumors and broad gains across Atchison, Chesapeake, New York Central, and Norfolk and Western.

Norfolk and Western New York Commission House Pacl Rock Island Southern Pacific Southern Pennsylvania Advanced & Point Atchison Baltimore and Ohio Chesapeake and Ohio Chicago Nortwestern Erie Great Northern Red Kansas City Southern New Haven New York Central Northern Pacific Pere Marquette Chrysler U. S

Ash Coal and Ritter Lumber Co Involved in Insurance Case

A local insurance matter mentions Bhavi Shenandoah Life Insurance tied to Ritter Lumber Co and Ash Coal in a news brief. Officials indicate ongoing scrutiny and potential policy implications affecting these entities and regional commerce.

Shenandoah Life Insur Ritter Lumber Co Ash Coal

Bond Market Trends Tally Rail, Utilities in Mixed Trade

New York stocks shifted as rail bonds and utilities showed varied moves. Major names such as American Can, American Sugar, Coca Cola, and du Pont moved amid broad activity. gains in certain industries contrasted by declines in others, with overall market directions reflecting mixed sentiment.

Ahern Withdrawals On Old Contracts At Set Rates

Ahern withdrawals on old contracts at five to five and a half dollars for fine granulated material. The article notes price adjustments and supplier terms affecting retroactive agreements.

Rail stocks push prices to new highs in active trading

Prices rise sharply in today's active session as carrier stocks gain momentum led by Chesapeake and Ohio convertibles. Rail equities climb above 145 to set a new high while industrial liens stay quiet. French bonds steady after new finance minister named. Ohio Power Company to offer 5.5 million in first and refunding mortgages bonds tomorrow.

Chesapeake and Ohio Olla Ohio Power Company American Gas and Piectric Company

Foreign exchange rates steady in New York market

Foreign exchanges were steady with quotes across major currencies. Britain at 4.84 4 3 4, cables 4.85, 60 day bills 4.90. France 3.67 demand, 4.67 cables, Italy 4.05 demand, 4.03 cables. Brazil 14.30, Argentina 41.46, Japan 43, Shanghai 99 31/32.

New York Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho- Slovakia Jugoslavia Austria Rumania Argentina Brasil Tokio Shanghai Montreal

Call Money Market Report December 16 New York

Call money easier with high 65, low 4 percent, ruling rate 5 percent. Closing bid 4 percent, offered at 4 percent, last loan 4 percent, call acceptances 4 percent. Time mixed collateral 60 to 90 days, 4 to 6 months 4 percent. Prime mercantile paper 4 percent.

New York Prime Mercantile

Government Bonds News Roundup

New York December 16 United States bond market closes with Liberty 3 percent at 99.26 and various issue levels including second 4s at 100, first 4 percent at 301.25 and fourth 4 percent at 101.50, Treasury 4 1/2 percent at 102.39.

New York United States Liberty Treasury

Livestock market prices drift after mixed receipts

Chicago cattle receipts reach 15 000 with weighty fed steers firm to higher but trading slow. Top fat steers fetch 13 25 with loads, hog prices uneven before narrowing to 10 75 11 00 for 200 300 pounders, lambs steady at 15 75 16 00 with several checks to 16 25. Sheep receipts 11 000 show best fat lambs steady, ewes around 8 50, feeders near 16 50.

Chicago

Grain market jitters drive wheat prices up in Chicago

In an excited Chicago market today wheat prices moved sharply upward over a wide range. Traders reported brisk demand from exporters and mills as quotes climbed, with futures showing notable gains and unsettled activity across the grain pit.

Chicago

Market Brief: Wheat Rises on Argentine Crop Hopes

Closing strong after a sharp early drop, the market swung on a crop report from the Argentine government perceived as optimistic versus official figures. Wheat firmed with up to 7 percent intraday gains. December futures at 1.75 to 1.875, May at 1.70 to 1.70%, corn and oats little changed with fractional moves. provisions mixed with declines to gains.

Dry Goods Prices in New York for Fall 1926 Announced

Large southern lines of solid color and bleached flannels for fall 1926 open ed for the season two cents a yard below the prices of a year ago. Print cloths, sheetings, and convertibles quiet with prices irregular and a shade lower. Raw silk lower abroad and steady here. Foreign wool markets vary. Local trade in men's wear quiet, Jute was £ 1 lower. Burle quiet and irregular. Flax was tight in larger quantities abroad, prices a shade higher. Linen goods moved moderately.

New York

Butter market steady amid lighter receipts in Chicago

Butter appeared steady across grades in Chicago on December 16 as receipts dwindled and dealer stocks fell. Traders sometimes paid premiums for top scores while centralized markets showed light offerings and limited storage trade with 90 score and 45 percent central pricing noted.

Chicago

Poultry market report from New York December edition

Live poultry remains steady with broilers by express 36 38c, freight 27 20c, geese by freight 20 22c. Dressed poultry firm with fresh chickens 26 42c, frozen 26 48c. turkeys fresh western spring 43 63c, southern 44 56c, southwestern 43 65c. cold roosters 16 ½c.

New York Express Goene

Raw sugar futures ease as prices hold on duty paid market

New York, Dec 16. Raw sugar firm reports no sales and unchanged prices at 4.15 duty paid. Futures drift lower with December at 2.34 and January 2.36. March 2.41, May 2.54, and July 2.64. Refined sugar business is mostly quiet.

New York

Lion Oil completes three wells in Smackover field

Wall Street brief notes Lion Oil Refining Company finished three new wells in the second sand of the Smackover field, with production from 300 to 1000 barrels daily. Life Savers, Inc. stock offering oversubscribed. White Rock Mineral Springs declares extra dividends. GM car and truck sales to dealers total 60,371 in November, down from October and the year-ago month.

Lion Oil Refining Company Smackover White Rock Mineral Springs Company General Motors

Lions Club Raises Big Sum For Community Christmas Tree Fund

Lions Club collected a substantial donation from each member to support Bluefield Virginia’s Community Christmas Tree Fund. Speakers T O J Wilson Col A L Moody Rev Victor Carrell outlined organization, cooperation, and the four units of civilization. Roy Scott American Legion quartet entertained while Hobbie Snead noted club debt from buying shoes for needy boys.

Lions Club T. O'J. Wilson A. L. Moody Mr. Moody Victor Carrell Baptist Church Bluefield Roy Scott Post The American Legion Hobbie Snead Boys’ Work

Williamson gateway to the trillion dollar coal field

Williamson, termed the gateway to a vast coal field, is urged as the place to invest in real estate while money remains plentiful. The Wall Street Office, led by Edw. Br. Jubling and Wm. F. Toney, touts opportunities and warns buyers they may miss chances if funds are scarce.

Williamson Tillion Dollar Wall Street BR. Jubling Wm. F. Toney

Club Donates to Welfare Fund and Names Playful Prizes

The club voted to donate 15 dollars from the welfare fund to a worthy cause. Next week three fruit cakes will be auctioned at the club with awards for the laziest Lion, the biggest liar, and the most valuable man. John Thompson of Bluefield College visited yesterday.

John Thompson Bluefield College

Grain price listings from Toledo seed marker

SEED Toledo December 16 lists Wheat Cash at 1861.87 dollars, Clover Domestic cash 18.75, December and January 14.65 asked, February 14.60, March 14.65. Alsike December 16.90, March 16.25. Timothy cash and December 5.50, March 3.65.

Toledo Timothy

Responsibility resting on American exporters

New York December 16. T W O Connor head of the US shipping board told a luncheon of the American Manufacturers Export Association that the unprofitable operation of an American merchant marine by the government rested largely upon American exporters. He cited 1925 figures showing modest US steel shipments from New York to South Africa and similarly small volumes in the year.

New York T. W. O'Connor United States Shipping Board American Manufacturers Export Association South Africa United States Steel Corporation

Foreign Vessels Transport 6000 Ton Product to South Africa

Ships from New York City carried over 6,000 tons of the same product to South African ports, highlighting a notable cargo volume in the transatlantic trade.

New York City

Economic world condition improves with higher US trade

New York December 16 The National Trade Council cites higher American exports and imports of raw materials as evidence of improving world and European economies. In ten months US raw material exports reach 1 089 billion with over 16 percent rise from last year. Exports this year may top 1 500 million, mostly shipping to Europe.

New York Europe National Clan Trade Council United States

Also Mentioned on This Page

Auerages Indus Cial Solvents Rb.” Foundation Company Otis Elevator United Railways Investment Preferred Dodge Care Gulf States Steel United States Steel Common Bethlehem Crucible Republic Youngstown Broner American Ice Fleischmann May Department Continental Insurance Columbia Carbon Lincoln D. A. Garrett S. C. Slaven J. G. Ridinger Bluefield, W. VA B. Hancock Bluefield Firethe Bank Baitang Bhavi East Bega Cincinnati Colusa. Car Portsmouth O. R Eich Allied Chemical American Can Anaconda Copper Armour of Illinois Atchineon Atlantic Coast Line Central Leather Cerro de Peace Tity Chandler Motor Northwestern Spgeege Mil St. Paul Cheyler Chrys Corporsion Coca Cola Colorado Ges Ay Brose al du Poot de Nemours Dle Lasky Fisk Rubber Fus Foundation Company Neral Sknee 4! Motors Iy Nor Etfs T Northern Greeeves Sécocen Ae Epideon Motors Nets Central Ana Marvester Lehigh Valley Loutaville Nashville Migeour Kansas Texas reeWard ” Encennry York Central Mariford United States Industriated States Rubber Btates Steel the Commercial Bank of Bernard McClaugherty W. C. Given Bluefield Trust CO Migtam Cua Getn G2auurg By Ahern Miktor Nour Gov’t Bonds Our Citizens Underwriters Agency Call Ray Evans Mer Peery Building Wall Street Briefs Life Savers, Inc Cerena Purpos Toye Eveready Eveready Columbia Eveready Columbias Fahnestock National Carbon Company, Inc San Francisco Eveready Columbia Dry Batteries P Nanan Community Loan CO Bland St Isaac T. Mann James Elwood Jones Thomas F. Parret Ist A. J. Melride H. R. Hawthorne D. L. Alexander Pocahontas Fuel Company Pocahontas Coal Field Tidewater Great Lakes Pocahontas Puel Company Incorporated British Thermal Unite Pocahontas Tas Fuel Company, Incorporated Virginia W Mint Broadway Norfolk Main St Boston Mass Board of Trade Ridge Ohio Portlan Ontas Wharf Newportens Sandusky London Moxey, Savon & Co., Ltd Lime Street Square KE. C England Henry Cop & Clerci Piazza Matteo Geneva Freckles Gary Santa Claus Luke Talor Bere AGS Tayl By Blosser
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