Persistent oil demand steadies market amid gains and steel results
New York stocks showed irregular trading as bear pressure on United States Steel unsettled the market. Oil shares provided steadiness, aiding a broad rebound after the steel group reported fourth quarter earnings of 30,762,221, above the prior quarter. United States Steel closed about 1 1/8 higher at 1263-4, while Pacific Oil led advances with a 2 1/4 point rise to 62 1/8.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Steel Corporation
United States Steel
Wortham
Pacific Oil
Pan-American
Texas Company
Maracaibo
Associated Ol
Houston
Standard Oil
California
Simma Petroleum
American Woolen
Nash Motors
Foundation Company
Norfolk and Western
Denver
Hig Grande Western
Faris Real Estate Today Offers Several Houses for Sale
For sale listings include seven room homes with hardwood floors hot water full basements at 10500 and 16500, two eight room houses on College Avenue for trade, six room houses on Washington Street at 9500, three six room houses at 5800, all with cash or small payments. Several new brick houses available. Contact Faris Real Estate Company at Federal Street phone 1467.
MENTIONED IN THIS ARTICLE
South Bluefield
College Avenue
Washington St
Faris Real Estate Company
Federal St
Cozy six room home on Essex Street for $5,000
Probate of Essex Street listing offers a six room residence priced at 5,000 on terms of 1,000 down and 40 monthly. Other listings include five to seven room homes on Penn Mar Ave View Avenue Union Street College Avenue Giles Street and Lee Street with prices from 6,500 to 14,000 and terms offered. Bluefield Ave commercial property yields 100 000 per month rent, asking 8,000.
MENTIONED IN THIS ARTICLE
Essex Street
Penn-Mar Ave
View Avenue
Union Street
College Avenue
Giles Street
Lee Street
Bluefield Ave
New York Bond Market Sees Major Financing Ahead
New York reports a brisk week for bonds with over 60 million dollars in offers already. Chicago and Western Indiana issues 16.092 million 37 year first and refunding bonds priced at 97 yield about 6.70 percent to retire 7.12 percent debt and fund construction. Union Oil Co of California plans 10 million ten year 6% at 96 yield over 6.42 percent. German General Electric and Siemens group sees prompt over subscription of 10 million bonds, signaling broader European financing activity.
MENTIONED IN THIS ARTICLE
New York
Chicago
Indiana
J.P. Morgan & Co
Dillon, Reed & Co
Union Ojl Co
California
General Electric Co
Siemen Electrical Group
Germany
New York Stocks Show Broad Gains Across Major Groups
A broad rally in New York stocks lists gains for Allied Chemical and Dye, American Can, American Smelting, American Tel and Tel, Anaconda Copper, Atchison Topeka and Santa Fe, Baltimore and Ohio, California Petroleum, Canadian Pacific, Chicago and Northwestern, Coca Cola, Du Pont, General Electric, Gulf States, IBM, Kennecott Copper, Lehigh Valley, Louisville and Nashville, Mack Trucks, National Biscuit, Norfolk and Western, Northern Pacific, Pacific Electric, Pennsylvania Railroad, Reading, Reynolds Tobacco, Sloss Sheffield, Southern Pacific, Studebaker, Union Pacific, United States Rubber, Willys Overland, and Woolworth among others in a crowded market session.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical and Dye
American Tel
American Tobreco
American Water Works
American Woolen
Anaconda Copper Atchison
Atlantic Coast Line
Baldwin Locomotive
Baltimore and Ohio
Bethleham Steal
California Tetroleum
Canadian Pacific
Canadian Pacific Central Leather
Cerro de Pasco
Chandler Motor
Chesapeake and Ohio
Chicago
Northwestern
Voca Ban Tee Hie
BMA
Pratt
H. Ft
Paciffe
Chile
Coca Cola
Fu Congoleum
Consolidated Corn
Terete Teten Beg
Houston
Eden Bute Hlinoss Central
Sevepenesbidl Wa
International Tiervester Jy
Mer
Mar
Kelly-Springwield
Kennecott
Lehigh Valley
Louisville
Nashville
Mack ‘Trucle
Seesenere
Marland
Sega
Maxwell Motors
United States
Cus
United States Rubber O
tSvel Ctah Copper
Wabash
Hap Deeeaege Wealinghimiac
Willys-Overland
Woolworth
Aeysq Dan
Debt discussions signal upcoming market issues
Market notes indicate planned issuance of approximately 70 million French municipal railway and industrial loans with Canadian National Railways also expected to market 35 million in bonds. Bond price changes were minor while later positions showed small declines. Textile patterns and other goods saw varied activity as markets closed with limited movement.
MENTIONED IN THIS ARTICLE
Canadian National Railways
Wheat futures rise near 2 dollars as demand sparks buying
Chicago grain market sees successive speculative buying push May wheat to within a quarter cent of 2.00 a bushel, a new high. Prices closed mixed with May at 1.9918 to 1.9914, July at 1.7012 to 1.7058, corn up a half to 4 cents, oats steady to 1 cent higher, and provisions down to 2 to 17 cents.
MENTIONED IN THIS ARTICLE
Chicago
Dry Goods Trade and Sugar Markets Update
New York report shows cotton goods steady with light trade on sheetings and convertibles. Gingham demand improved while raw silk stayed unchanged. Raw sugar unchanged at 4.52 spot and 4.59 for later shipment with 25,000 Cuban bags sold for February and March delivery amid varied futures and spot selling.
MENTIONED IN THIS ARTICLE
New York
Dairy prices and receipts on butter creamery eggs and cheese
New York January 27 dairy market shows butter unsettled with receipts at 17 157, creamery prices higher than extras with 39 1/4 to 38 1/4 cents. Eggs firmer with nearby hennery whites closely selected extras 61 1/2 cents. Pacific coast whites 20 1/2 to 21 1/2 cents. Cheese receipts 251 284 pounds. Sugar.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Seed price report for Toledo wheat and forage seeds
Seed prices listed for Toledo Ohio on January 21 show cash wheat at 2.16 to 2.17 with Cleverseed at 19.70 to 19.90 for January February March, Alsike at 13.55 to 13.74, Timothyseed at 1.20 to 3.25 for January and March.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Real estate transfers filed in county clerk's office
Real estate transfers and recordations listed include Calls C. Ross and wife to Grace P Corlings part of lot 8 section 850 Bluefield for 5 dollars. R E B Laz enby and others to Ralph B Faylor lot 11 section 1004 Bluefield for 475 dollars. G W Francisco and others to C P Francisco four acres Brushfork for 1600 dollars. Mercer Home Building Company to J E Gott part lot 9 Honaker Avenue and seventy five acres near Princeton. Mary Dillon and husband to Tracy Dillon one acre Bell Branch for 2 1/2 dollars.
MENTIONED IN THIS ARTICLE
County Cour Clerk
C. Ross and
Husband
Grace P Corlings
Bluefield
R. EB. Lazenby
Ralph B. Faylor
G. W. Francisco
C. P Francisco
Brushfork
Mercer Home Building Company
J. E. Gott
Honaker Avenue
Princeton
Mary Dillon
Tracy Dillon
Bell Branch
Local social notes from Flat Top area
Mr and Mrs Henry Goosby were dinner guests of Mr and Mrs J M Counts in Bluefield on Sunday. Mr and Mrs G M Perdue drove to Bluefield Virginia to attend Dr D L Coales revival. The condition of Mr L V Shumate remains unimproved and Mrs C L Bowman has been experiencing illness.
MENTIONED IN THIS ARTICLE
Henry Goosby
J. M. Counts
Bluefield
G. M. Perdue
D. L. Coale
L. V. Shumate
C. L. Bowman
Local Notes and Greetings From Bluefield Area
Confined to her home for several weeks with a fractured limb, she is improving. Miss Madeline Parson and her little nephew James Edward Butt visit in the Bluefields on Monday. Mrs. G. W. Carter returns to Pocahontas after nursing her mother, Mrs. B. R. Butt. L. H. Page was a business visitor to Bluefield Tuesday. Mr. and Mrs. H. M. Tabor of Bluefield were guests of Mrs. Tabor's mother Sunday. Mrs. Epperson recovered enough from flu to go out. R. L. Tulford is recovering well after an operation at Bluefield Sanitarium.
MENTIONED IN THIS ARTICLE
Madeline Parson
James Edward Butt
Bluefields
G. W. Carter
B. R. Butt
Pocahontas
G. T. Morris
L. H. Page
Bluefield
H. M. Tabor
W. Va
Also Mentioned on This Page
Rio Grande
Virginia Realty Loan Co
Federal St. Phonas
LL. W. Layne Wnd
H.W. Dion
NEW
Iif
Kenvedier
Bluetain
Haat
Kenova
Portamoauth
Gary
Ekot Agant
Blucheluy
C. B. Hancock
First National Bank
Sigg
Anked Nm’ Power Co
A. Ki. Voyonsiy
Nivanets Fiat
Kbctady
Stanley
Holder Newt
Oncat
Argume
Amelia Klotz
Mister Klotz
Fea Wravice
Iczyae J
American
Lyons
France
Chamber of Commerce
North Street
East River Avenue
Shenandoah
Commercial Bank
American Finance Company
O. Lamb
Bradmann Buildis
D. E. French
R. L. Bailey
Secy-Treas
Demay CT
Bluefield Ars
THE
Bluefield National
Bluefield, W.va
Flat Top
Worcester
Bluefield Trust Company
Federal Street
Iosac T. Dann
James Elwood
Jones
Thomas F. Farrell
A. J. McBride
Mgr
H.R. Hawthorne
C. L. Alexandha
Pocahontas Fuel Company
Pocahontas Coal Field
Powabontas Fuel Company Incorporated
Miiaturs
Pocahontas Virginia
New Broadway
Norpfole
Tudo
BTON
Ncinnati
Guio
Buid
Maine
Pocahutas Wharf
Benton St
Iviall Street
Atlantic Coast
Tidewater
Pocahontas Fuel Co., Inc
Broadway
N. Y
Cable
Lize Pi
WAST
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