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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 15, 1925
Page
5
New York stock prices moved lower on Wednesday with several rail stocks including Norfolk and Western among notable losers while others drifted. Strong are trade news and corporate reports, yet market cautions stem from higher money rates and technical weakness after recent gains.
Several six and seven room houses listed with term payments. Essex Street six room home $3000 cash and $40 monthly. Penn-Mar Avenue five rooms $6250. Vidw Avenue six rooms $3200. Union Street six rooms with hot water heat $10500. College Avenue six room brick bungalow $14000. Giles Street seven rooms with sleeping porch $3600. Lee Street six rooms heated $7000. Giles Street seven rooms $6500. Bluefield Ave store room and two flats $8000 with rent $1000 per month.
A compact ad listing multiple properties for sale in Bluefield Virginia and surrounding areas. Items include five room cottages on Rolling Street four room houses on Calvert, eight room on Wilson Street, five room on Clark Street, and two lots on Tugalo Place as well as parcels on Bramwell Road Jefferson Street Rockbridge Street Princeton Road and in Princeton city. Terms vary with cash portions and monthly payments. some prices shown.
Notice lists M. K. Harman at First National Hauk Building with the telephone number 1369. The fragment provides address and contact entry for a local business listing.
A cautious market tone emerged as speculative activity slowed due to limited funds below four percent. Rail shares led declines with Denver and Rio Grande and St. Paul drifting, while Norfolk and Western and other rails backed off. Industrial and utility issues also fell one to five points, with notable names including Magma Copper and International Paper 5s. In sugar, raw prices eased as Cuban spot declined to 4.62 duty paid amid shipments and futures firmed marginally.
Four room heated apartment on South Bluefield with janitor service at 65 dollars monthly. Six room apartment on Bland Street with heat and janitor service at 80 dollars monthly. Six room on Fairmont Avenue South Bluefield at 50 dollars monthly. Seven room heated home on Rankin Street at 60 dollars monthly. Eighty room home with large garden chicken lot and fruit trees at 40 dollars monthly. Nine room flat suitable for a boarding house on Bland Street at 75 dollars monthly. Four room bungalow on West Myederick Street at 65 dollars monthly. Nine room brick home on Jefferson Street with hot water heat at 70 dollars monthly. Store room on Bland Street and small store room on Raleigh Street listed.
The report notes active trading by traders and Cuban interests in sugar while prices advanced three to seven points but faded to a net gain of one point. January closes at 80, March at 2.77, May at 2.89, and July shows no change. Refined sugar lists from 610 to 0.25 for fine granulated with limited activity. refined futures were nominal.
Colton woods steady with moderate trade. Wash goods in better demand. Wool goods tensions easing and fall price advances unlikely on weakening foreign markets. Raw silk slightly higher and spring silk woods more active. Underwear knit goods favored for spring and fall. Novelty hosiery in silk and wool in demand.
Toledo market notes show Clover seed at 19.80 to 19.85 dollars with January 19.85, February 20.00, and March 20.10 asks. Alsie cash at 12.35 in January, 10.00 in January and 12.45 in March. Nemothy cash listed at 1.35 in January and 3.35 in March. Wheat cash reported at 1.99 to 2.00.
Market brief from New York reporting January dairy prices with butter and cheese terms. Mentions Pacific coast whites and various grade indicators, noting firm flour and steadier legs as part of the price context.
Chicago livestock reports show cattle receipts 11 000 with gains in heifers and yearlings and a mixed herd of steers. Hogs receipts 37 000 mostly 1 to 2 4 lower with weights 200 to 280 pounds typical. Sheep receipts 8 000 fat lambs up 25 to 60 cents with top around 19 50. Five boys uncovered gold pieces from a bank theft dating back 30 years in St Louis. Hoath Bowen Coal Company set annual meeting for February 6 1926 at their West Virginia office to elect directors.
The filing period runs January 1 to March 16, 1925. Forms mailed to those who filed for 1924. failure to receive does not excuse filing. Use form 140A for net income under 5000 from salaries and wages, or form 1040 for business, farming, property sales, or net income over 5000. Returns sworn before a notary and due by midnight March 16. Tax may be paid in full or in four installments: March 1, June 1, September 1, December 16.
Chicago grain traders watched wheat prices shift rapidly amid an unsettled session on January 16. News from the Chicago board and trading desks pointed to volatile moves as buyers and sellers debated supply signals and demand outlook.
The report notes May delivery sold and July delivery bought with large spreading operations. Wheat sold at buying, corn bought as weakness, with Weal closing easy and ranges from a 3-8e advance to 15-8 vents net decline. May 1841-2 to 1846-8, July 1.67 3-8 to 1 87 1-4. Corn up 7-8 to 1.5-8¢, cate 1-2 to 3-4¢ down, and provisions 7¢ higher to 47v lower.
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