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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 22, 1936
Page
9
Abbott Proctor and Paine successors to Livingston and Co listed on New York Stock Exchange and other major exchanges. Located at West Virginia Hotel Building. James Be. Mann, manager. Phone 1800.
The bond market fell as railroad issues led a broad liquidation amid the Interstate Commerce Commission declining to extend emergency freight surcharges. Other sectors traded lightly while industrial and commercial convertible issues also moved, and U S government loans showed uneven activity with small gains and losses.
The Chesapeake and Potomac Telephone Company of West Virginia requests the Bluefield City Board of Directors to pass an ordinance allowing its successors and assigns to construct and operate overhead and underground lines and poles along streets alleys highways and public grounds within Bluefield for a period of thirty years.
U S D A cattle totals near 1 075 with steers steady and calves and vealers showing wider spreads. Hogs 1600 head broadly steady to higher, with good and choice weights up to 11 00. Sheep run 1600 with lambs unsettled and ewes and some middling grades around 2 00 to 3 00. The Mount McKinley summit reaches 20 300 feet.
New York December 21 AP reports cotton gray cloth sales were small and prices unchanged. Finished cotton goods were quiet while rayon fabrics showed fair demand. Raw silk fell 2 to 3 cents a pound. Wool experienced active trading and burr lap remained quiet at firm prices.
Toledo market report lists wheat No 1 red at 1.34 to 1.35 per bushel, No 2 1.33 to 1.34, corn No 2 yellow 1.05 to 1.06, No 3 1.02 to 1.05, oats No 1 white 0.54 to 0.55, No 2 white 0.53 to 0.55. Grain in store adds 5c on wheat 4c on corn 3 to 4c on oats. Hay prices given for timothy clover alfalfa and straw.
New York sugar futures closed unchanged to one point higher, with raw sugar firmer and new crop sugars showing a small rally. Refined sugar held at 3.77 and the source remained nominally unchanged at 3.77.
Lancaster Pa December 21 cattle numbers 95 with fat cattle steady to slow and cows steady. Calves 259 steady with good to choice 12.50 to 13.00 and selects 13.50. Hogs 155 steady with choice west re 11.00 to 11.25 and choice locals 10.50. Sheep 33 lambs mostly plain to medium grades steady.
Chicago grain prices ended lower on expectations of a bearish USDA crop report after trading. Wheat futures declined across near and distant contracts with Dec down 1 3 8 percent and May down 1 3 4 percent, while corn and oats showed mixed moves and rye fluctuated.
New York prices for live poultry by freight and express cover rocks and Leghorns, fowls, roosters, turkeys, ducks, and mixed colors. Dressed poultry and fresh and frozen chicken boxes show varied rates, with wholesalers noting firm or steady markets and multiple regional standards for checks, packs, and premiums.
Prices for apples and potatoes hold steady with multiple varieties listed from New York, Maine, Idaho and Pennsylvania. Butter cheese and eggs show modest shifts while poultry and turkeys move within narrow ranges. a note closes with Oregon and Washington reporting over 200 wildfires in one day.
B Hancock broker handles all local stocks and bonds on commission. Appalachian Electric Power Co listed with a $6.00 and $67.00 price for preferred shares bought and sold.
Stocks declined amid broad market retreat in New York trading. Motors and steels led losses with several major names cited, while copper shares gained on rising demand. Union activity at General Motors sparked caution, and utilities mostly held firm as the market closed lower.
New York curb market trading weakens with fractional losses across leaders. Sherwin Williams drops 3 percent to 136 as Montgomery Ward A slips to 154, Pittsburgh Plate Glass 126, Babcock and Wilcox 129, Aluminum Co of America 129, and Pan American Airways 57 1 4. Gulf Oil advances 2 percent to 109 while Newmont Mining Bunker Hill Sullivan and Ted Hughes rise marginally. Aluminum Ltd climbs 1 to 77.
Chicago hogs 28 000 yards 7 500 directs closing slow but 10 15 higher while sows rise to 10 higher. top 10.25 and bulk 190 300 lbs. Cattle 14 000 calves 2 000 fed steers and yearlings active with tops at 12.75 for 1 032 lb and yearlings around 12.60. bulls 12.50 11.25. cows strong. Sheep 9 000 fat lambs steady to 15 higher with best 9.00 9.25 for choice weights. slaughter ewes 3.50 4.
News of the Colored People reports lawyer J P D Gardner received a long distance message that his sister Virginia Matthews Robinson, 78, was not expected to live. He left yesterday afternoon for her bedside. He has two sisters aged 75 and 68 and has spent most of his life in the area.
Tonight a program and Christmas tree will be held at North Side United Holy Church. Mrs Collins is in charge of the program with Rev Mrs M L Glenn, pastor, listed among the organizers.
Savvy buyers warned that delaying could cost a year’s wages as prices climb, urging quick action to secure shelter for family.
Local advertiser offers houses and lots for sale on terms with reduced interest on their own property, inviting buyers to contact for purchase details and terms.
Real estate in this listing shows houses, building lots, and acreage that previously sold for twice the present asking prices. Contact B. L. Early or Jim Shott at the Daily Telegraph for details.
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