Stock Market Slumps Sharply After Broad Decline
New York reports a sharp, broad stock market drop with about half a billion dollars wiped from market value. Turnover reached 1.65 million shares, the busiest since November 10, and the AP average fell to 64.1. Highs and lows swung with major stocks like US Steel, Chrysler and Boeing losing ground.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Steel
National Steel
Chrysler
Boeing
Dow Chemical
Allied Chemical
du Pont
American Tobacco
Atlantic Coast Line
General Motors
Sears Roebuck
Woolworth
Schenley
Commonwealth Edison
Major firms top list of advancing rail issues
A broadened slate of companies including American Smelting General Electric Philip Morris Southern Pacific Chesapeake and Ohio Standard Oil American Airlines and Paramount Pictures advanced in rail bond trading. Among issues rising were U S Rubber Montgomery Ward International Harvester Glenn Martin J C Penny Radio Corp Owens Illinois and Pennsylvania R A as selected rail issues gained momentum after a slow start and dipped one to three points in early trading.
MENTIONED IN THIS ARTICLE
American Smelting
General Electric
Philip Morris
Southern Pacific
Chesapeake & Ohio
Standard Oil
N. J
American Airlines
Paramount Pictures
U. S. Rubber
Montgomery Ward
International Herrvester
Glenn Martin
J. C. Penny
Radio Corp
Owens-Illinois
Pennsylvania
Chicago Livestock Prices Fall in Salable Hogs Cattle Sheep
Chicago livestock market reports salable hogs at 16 000 with total 21 000 and top 23.00. hog weights 170–325 lb. cattle salable 7 500 with calves 600. steers 25.00–31.50 and heifers 21.00–25.50. beef cows 18.50–20.00. canners 15.00–17.50. vealers 32.00. sows 17.00–18.50. sheep 6 500–7 500 with lambs 25.00–26.00 and yearlings steady.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Market summary of eggs and butter prices in New York
Wholesale egg prices eased with 29 943 eggs traded. Nearby whites ranged 64 to 65 cents for extra fancy and 46 to 53 for other grades. Butter traded firm at 648 985, with bulk carton creamery prices at 64 to 67 cents for various quality scores. A plug-in device magnetizes and demagnetizes small tools for home repairs.
MENTIONED IN THIS ARTICLE
New York
Now and Then Continued From Page Four in Bluefield's Rise
The column recalls Bluefield's early boom as a town 25 years ago with references to the West Virginia hotel built in 1923, notable businessmen, and key structures. It notes figures like Bill Cole O. V. Hefner J. R. Laird and Don Dillon, plus venues such as Fox Pharmacy and the Granada theater, ending with a nostalgic quip about aging.
MENTIONED IN THIS ARTICLE
West Virginian
Bill Cole
Rotary Club
W. A. Bodell
O. V. Hefner
Bill Deitz
James R. Laird
Virginia Realty Company
Fred Christie
L. A. Boykin
Mr. Laird
Bluefield
E. S. Pedigo Company
Perry
Bailey
Appalachian
Scott Street
Fox Pharmacy
Princeton
Tazewell
White's
Bland
Pedico
Granada Theater
Don Dillon
Eli Watkins
Princeton Avenue
Ray Prince
R. T. Peters Otis Bivens
Bluefield Bottling Company
Grain prices mixed as May wheat rises on Hollands purchases
In Chicago, corn and May wheat resisted declines at the Board of Trade. May wheat rose on two cargo purchases by Holland. Cash grain shows varied quotes across wheat and oats with several No. classifications and sample grades listed. Soybeans and certain grains shown as none or nominal.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Holland
History Of Hotel Highlighted At Rotary Meeting
Rotary club heard Alex B. Mahood and W. J. Cole recount the West Virginia hotel’s planning, building and rise from a humble start to a top state ranking. Dr. Carlton Booth from Providence spoke on impressions of Bluefield and sang with James Elmer Brown. New members Ned Shott and Charles C. Walker were introduced.
MENTIONED IN THIS ARTICLE
Rotary Club
Alex B. Mahood
W. J. Cole
Cole
Carlton Booth
Providence
R. I
Bluefield
Stranger
Galilee
James Elmer Brown
Ned Shott
Charles C. Walker
Harold Singer
Baltimore
Vet Groups Oppose Hoover Commission Medical Merger
Washington reports two major groups the American Legion and Veterans of Foreign Wars oppose merging all government medical and hospital activities. Col George E Sjams of the VFW asks delaying a final decision for a fuller expert study. T O Kraabel of the Legion says the plan threatens the Veterans Administration.
MENTIONED IN THIS ARTICLE
Washington
American Legion
Veterans of Foreign Wars
Hoover Commission
Hoover
George E. Sjams
VFW Rehabilitation and Welfare Service
Fiduciary Notice to Creditors and Beneficiaries
Legal notice for estates of Virginia B. Spangler Opie R. White Ruth White. Creditors must file claims with vouchers at the Commissioner's Bluefield West Virginia office by July 1 1949 or be barred. Beneficiaries must be present December 14 1948 to protect interests. William T. Hancock Commissioner of Accounts.
MENTIONED IN THIS ARTICLE
PFHE
Virginia
B. Spangler
Plat Top National Bank
Sluefield
Opie RB
Public Auction of Mercer County Real Estate
In Mercer County West Virginia pursuant to a 1948 chancery decree the sale of Lot 9 Section 1 Waters of Laurel Creek Mercer County is scheduled cash sale December 30 1948 at 11 00 oclock at the front door Mercer County Court House Principeton WV LeRoy Katz Special Commissioner bond filed Clerk L T Reynolds. Notice also of sale of a 1942 White Truck model 1942 motor 110A1621 serial 3121331 repossessed for default will be sold January 5 1949 at 10 09 oclock at the S L Pedigo Garage East Cumberland Road approx two miles beyond Bluefield WV Beaver Pond District Mercer County. Belcher Seller.
MENTIONED IN THIS ARTICLE
Circuit Court
Mercer County
West Virginia
Max Turk
G. L. Turk
American Loan Company
Robert Bruce Hutchens
Sallie Hutchens
Laurel Creek
LeRoy Katz
L. T. Reynolds
S. L. Pedigo
East Cumberland Road
Bluefield
Beaver Pond
Belcher
Thanking Friends After Spouse's Death and Funeral
A family expresses gratitude for kindness shown at the death and burial of Mrs. E M Porterfield. They thank Riffe's Funeral Home and local Reverends H H Harmon C E Woods and D C Craft.
MENTIONED IN THIS ARTICLE
E M. Porterfield
Riffe
H. H. Harmon
C. E. Woods
Narrows
D. C
Also Mentioned on This Page
Gregory Peck
Ann Baxter
Richard Widmark
Doug Air
Phil Morris
Corpeae
Poor and Co B
Goodrich
Goodyr Sersaaeeeerse
Pullman
Grhm Co
Armeo
Soc
Armour
Kroger
Bendix Bag
Beth St
Oee-Eees
Martin Gleeee
Minn Moleres
Studebaker
Budd Co Bee Airp
Oeeeeres
Ter
Tim Rb
Ceslan
Monsanto Ch
Twent Cent
M Ward
Wee
United Carbon
United Corps
Ohio Oil
Sane
Owens Il
Warner Bros
Dupont
THE
Rails Util
Ind
Stks
Curb
Lee
Virginia Side
Scott - Chapman
Technicolor
Granada
Chan
Fyn
Dl A.2
A.l
Chicago Livestock
V. Rainbow " Productions, Inc
Ats
Gary Cooper
Sheridan
Leo McCarey
ST. Mary’s
Leo McCareys
Ray Collins
Edmund Lowe
Joan Lorring
Clinton Sundberg
FO McCarfy
Kan Englund
Chicago Grain
Watfford BH. Handy
Ethel Mae Wyatt
McComas
Livya Basi
Godfrey
Georgia Lee Brewer
Matoaka
Today & Thur
Payne
Joan
Duryea
Saeuey Winterl
Dorothy Hart
Canon City
Munweller
Wales
Otal
Bluefield, W. Va
Jimmy Gwinn
Goodwin Brothers
Eee
Kegley
Perdue
CR. Hale
Woodlawn Cemetery
W Va
Tazewell, Va
Automobile
Cadillac
Mr. Miles
Whitlock
Honaker Avenue
Mercer Street
W. Va
Chevrolet
D. T Ee i
Alvis Street
Crosley
Dia
W. R. Keesee and Co
Bluefield Ave
W. R. Keesee
Coluefeld Ave
William N. Smith
Hancock Street
Stowers Motors
Raleigh
Raleigh St
Akers Pure Oil
Sparton
Tabor Trailers
Prederick
Maryland Ave
Cherry &T
Huntington Traier
16Th Street
Huntington
St. Albans
Freeman's Market
McCulloch Alley
Burgess Construction Co
H. A
Dutcher
Ramsey Street
Dial
Telegraph Commercial Printing Co
Morris Steiner Company
Roanoke Street
Southern Office Supply
Morris Steiner Co
Arthur Harris
Schlossberg
Princeton Ave
Underwood Typewriters
Bluefield Avenue
Daily Telegraph
Post Office
Cmaracter
Boll
K. D. Kidwell
Glenwood Park
Cook
White Lady
Seyler Lumber Co
Care Daily Telegraph
Co Daily Telegraph
Biscuit
Bluefield Ve
FORD
Glenn Hatfield Motors, Inc
Welch
D& Bull
Buckeye
Call
Jaeger
Magic Chef
College Avenue
Coal—Wood J
Texaco Station
East River Coal
Thornail Tinming and Plumbing Co
Elgins
Walthams Sulova
Benrus
Schipssbere
National Cash Register
Bill Munsey
Matt
OK Furniture Co
Army Truck Parts
R. D. Sledge Parts Co
Adams Avenue
W K Graves
Bluefield Va
Lowman Music Inc
Bland Street
Grimes
Waynesboro Nurseries
Waynesboro
Remington
Bramwell
Cecil Cowan Bramwell
Porrent
Pears Street
Helen Everett
M. Smith
Alens
A. B. Johnson
Mason
c/o
Josie
Saps
South Bluefield
Bendix
Steatily
Mere Cer St
de Cee Ees Ienaennea Anata Ea
Kimball
Eingh
Miles
Farrum
W. Te
Mamie Olekosky
Reanoke
Sele
Catn
Chu Street
Max Turt American Loan Co
South Binfield
Lorton Lick Rr
Willams Grocery
Becouse
L. G. Clower
Montcalm
Lorton Lick Road
Bath
Brushfork
Littlesburg Road
EL Cc
Clark
After & P
Abbs Valley Va
Wesley Combs
Tazewell Avenue
Newton Agency
Bank of Graham
Automobile Service
Southside Motors
Blend
Princeton Road
Stimpson Meat Choppers
Art Refrigeration Co., Inc
Fred A. Jackson
American Flyer
Exacto Tools
Dremel Moto-Tools
Barlow and
Wisler
Walter Matheny
Tip Top
R. Bowen Thompson
G. I. Bill
c/o DAILY TELEGRAPH
Community Savings & Loan Company
Elks Building
Mr. Gilbert
Eagle- Picher
Cal
Eagle Insulation Co
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