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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 04, 1925
Page
34
New York traders sent the market higher on optimism for 1925 tax cuts and radio and electrical shares. American Can surged to a record, A. S. Steel rose to the highest price since 1917, and radio stocks like Bosch Magneto and Westinghouse jumped before late declines.
In quiet New York trading on January 3, hand prices held firm with a broadening demand for oil issues. French obligations recovered on progress toward settling debt funding difficulties.
Chicago wheat prices rose early on broad buying power and fresh export sales totaling about 1,000,000 bushels. By close the market eased. May 1.77 1/4, July 1.53 1/4, with corn and oats modestly lower and provisions mixed.
Butter unsettled and creamery prices trending higher with extras around 44 to 45 cents. Eggs firm with Pacific coast whites at about 66 to 67 cents per dozen and firsts 63 to 66 cents. Cheese firm with state whole milk flats and specials reported at 23 to 25 cents.
Cotton goods markets were quiet with prices firmly sustained. Raw silk markets were closed abroad and dull here. Burlaps remained steady while worsted yarns rose and cotton yarns stayed quiet at spinner's prices. Storms heavily disrupted shipments affecting house trade in primary markets.
Wheat cash No 2 red at 1.90 to 1.91. Cloverseed cash old 19.50, Jan 19.75, Feb and Mar 19.90. Alsike cash old 13.10, new 13.26 in Jan, March 13.50. Timothy seed cash and Jan 3.36, March 3.45.
Yesterday's filings show Sherman Caffee et al transferring 30 acres in Lashmeet to S. F. Truitt for 1500 dollars. L Poff and wife transfer lot 4 Green Place Princeton for 3500 dollars to R L Covey and wife. Hazel Laxton et al. transfer 17.7 acres in Rich Creek to Robert Delp for 1 dollar. J R Hatcher transfers lot W6 in section 121 Princeton for 4500 dollars to W. B. Dangerfield. J M Kester guardian transfers 17.7 acres Rich Creek to Robert L. Delp and wife for 1000 dollars. G K Patrick and wife transfer lots 28 and 29 block A Glenwood to C M Delp for 305 dollars. Graham Sale trustee transfers lots 47 and 48 section 212 Bluefield for 2450 dollars to Bernard Mason.
Stock market enthusiasm drives a brisk session with 50 stocks surpassing 1924 highs and the Dow rail and industrial averages hitting record levels. Major gains in Central Railroad of New Jersey American Bosch Manhattan Electrical Radio Corp General Electric and United States Steel amid heavy volume and late trading delays. Oslo replaces Christiania in a historic name change adopted by Norway's parliament effective January 1 1925.
Christiania Norway reports that the capital city has recently restored its ancient name, reflecting a historic naming shift. Officials confirm the move as a symbolic step in renewing national identity and cultural heritage.
Real estate listings detail six to eight room heated homes for sale across Highland Avenue Poplar Rogers Giles Lee Penn Marathon Union North Mercer Streets with prices from 4 500 to 19 500 and payment terms including cash down and monthly installments.
Mrs. J. H. Bennett had her sixteen year old son arrested for burglarizing her home and stealing $3,000 in Matlock England.
London reports a stone cross above St Michael's Church was struck by lightning for the ninth occasion. The impact follows prior strikes, drawing concern over the church’s landmark. No injuries are noted.
The column lists weekend visits and dinners among Flat Top area families. Names include Misses Hallie Crawford Hazel Crawford and Woodrow Crawford visiting grandparents at Brush Fork, Ethel Crawford dining with Mamie Anderson, Mable Carter and children visiting B. R. Butt's home, Lynn Jones and Junior visiting J. J. Tickle, Jim Goosby returning from Detroit, J T Posey from North Carolina, and Robert Carter improving at home. Additional entries note G C Butt and family visiting Mullins, Maggie Page visiting Dave Sheflebarger, Willie Verlie Sheby Anderson and Dorothy Fowler staying with Slates in Maybeury, W F Butt recovering from illness, and Charlie Bowman’s fall incident last Friday night.
The woman breaking her leg is progressing as well as could be expected and is receiving treatment at the Bluefield sanitarium. Miss Elsie Butt has been visiting her sister Mrs. George Carter of Pocahontas the past week.
Chiapas has set a record by electing four governors according to the department of the interior. Generals Carlos A. Vidal Tiburcio Fernandez Ruiz attorney Luis Ramirez Corzo and citizen Raul Leon each lead bands of followers and have named staffs, determined not to be ousted.
Arrangements completed for an all year air service between Great Britain and Ulster. A company with 2 500 000 capital formed and three air planes purchased. Scheme expected to greatly accelerate mail service with England America and Europe.
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