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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 01, 1933

Page

11

Traders Convert Profits Into Cash In Slower Market

Stock traders turned profits into cash as the market closed lower after a generally higher session. Turnover reached 6,087,120 shares with rails metals and low priced issues driving activity while leaders in other fields lagged, dragging major stocks such as American Telephone General Motors United States Steel Du Pont and Standard Oil of New Jersey down by about 1 to 3 points.

New York Rails Associated Press Dollar Exchange American Telephone American Can General Motors United States Steel du Pont Allied Chemical Standard Oil of New Jersey Case

Bond Market Edges Higher After Memorial Day Rest

The bond market reopened after the Memorial Day holiday with moderate price gains across sectors. Total sales reached 16,114,000 dollars as the composite average rose ten points, led by improvements in railroad and industrial issues.

New York

New York Stock Exchange Quotations Listed

Quotations for the New York Stock Exchange are furnished by Bryan Kemp and Company based in Bluefield West Virginia. The notice lists associations including the New York Cotton Exchange New York Curb Exchange Chicago Board of Trade and Richmond Stock Exchange.

N.Y. Stock Exchange Bryan, Kemp and Company New York Stock Exchanges New York Cotton Exchange New York Curb Exchange Chicago Board of Trade Richmond Stock Exchange

Government loan figures show slight overall losses

Utilities lagged behind Monday's final quotations while United States government loans posted small overall losses.

United States

Wall Street Briefs May 81 New York

Dun and Bradstreet reports weekly business failures end May 26 total 459 up from prior weeks and last year. Wool top exchange projects April wool consumption 30,700,000 pounds vs March 27,000,000 and April 20,209,000 in 1932. Gasoline market strengthens east coast with cargo price gains and yard quotes inching up in New York harbor to 4.25 cents.

New York Dun and Bradstreet, Inc East Wool Top Exchange Wall Street New York Harbor

Curb Market Gains Despite Profit Taking In Industrials

In New York on May 31 curb market activity showed some advances as transfers rose to 950000 shares from 888000 on Monday. Aluminum Company fell about 4 points amid profit taking while Hazel Atlas Glass and A O Smith Utilities slid about 2 points after late trading. Consolidated Gas of Baltimore dropped 8 points as others held firm earlier.

New York Aluminum Hazel Atlas Glass Smith Utilities Consolidated Gas of Baltimore

Treasury Receipts and Trade Note May Figures

Treasury receipts for May 27 totaled 3.212 million dollars with expenditures of 10.249 million and a balance of 337.523 million. Duties collected on customs days reached 18.641 million while a drop of about 40 thousand auto tourists from the United States to Canada was recorded compared with last year.

Washington Treasury United States Canada

Government Bond Prices Across Markets Reported in New York

Government bonds closed with a wide listing of prices and yields. The report includes Liberty First 4% and Treasury 3%6 and various international issues from Holland to Mexico City with mixed figures and currency references.

New York United States Liberty Treasury

Foreign exchange rates and demands from major nations

New York bank market reports wide activity on May 31 with currencies and bills. Great Britain quoted at 3.994 dollars and 3.99 percent cables 60 day bill 3.98 percent. France 4.65 percent, Italy 6.16 percent, Belgium around 16.49 with implied cables 14. Germany demand noted but cut off in fragment.

New York Great Britain France Italy Belgium Ger

Call Money Steady In New York Markets

New York May 31 call money remained steady at 1 percent all day. Time loans eased with 60 to 90 days at 1 percent, four months at 1 percent, and 5 to 6 months also at 1 percent. Prime commercial paper and bankers accepts showed no change.

New York

Butter price report from Chicago market on May 31

Unsettled butter trading in Chicago shows quotes at 98 with 22 percent, 92 at 14 percent, 91 at 21 percent, 90 at 20 percent, and 89 at 20 percent. Centralized carrots list 90 at 21 percent, 89 at 20 percent, and 88 at 20 percent.

Chicago

Market Report from Pittsburgh May 31 Prices for Produce

Produce demand slow in Pittsburgh with apples, potatoes and dairy items showing mixed prices. New York Russets and Baldwins quoted in various sizes, Maine Green Mountains and Alabama butter values listed, poultry and fowl prices given for several categories.

Pittsburgh U. S New York Ben Davis Starke Maine Green Mountains Bliss Triumphe Alabama Louisiana South Carolina North Carolina

Market roundup sugar prices rise on shipments

New York May 31 Raw sugar held firmer with spot rising to 3.30 cents and shipment sugars about 13 points higher in sales totaling 33 700 tons. July through May futures climbed to 1.50 1.75 cents with refined market unchanged at 4.50 for refiners and 4.36 for second hands.

New York

Dry goods market steady with mixed demand across fabrics

In New York on May 31 cotton goods opened firm with higher ask for print cloths and many finished lines withdrawn. Wool goods showed active demand while sellers resisted bids amid cost and wage uncertainties. Rayon prices remained firm, burlaps steady with weak to moderate business, silk goods saw modest demand.

New York

Grain Prices in Toledo on Track for May Rates

Toledo grain markets report nominal rates for May with Wheat No 2 red at 77 percent and No 1 red at 78 percent. Corn No 2 yellow lists 44 percent while No 3 yellow shows 43 and a half percent. Oats No 2 white 26 percent and No 3 white 25 percent.

Toledo

Wheat Market Dips After Unofficial May Estimates

Chicago grain trading today softened as unofficial May estimates suggested crop improvement may lag government figures. Wheat edged lower by about a half to one cent, corn slipped about one cent, oats fell a fraction, while provisions held steady or down slightly.

Chicago

Baltimore Livestock Market Report May 31 Steady Cattle

Baltimore May 31 cattle sale with 100 head reported steady market. Steers ranged from good to choice, price levels held firm amid active demand. Local buyers showed steady sentiment across classes.

Baltimore

Market Summary of Cattle Sheep and Hog Prices

Bulk livestock prices shown with ranges for cows heifers and calves. Sheep and lambs listed with steady tone and per head values. hogs and pigs priced per hundredweight with mixed grades. Calves noted steady with good to choice prices and lighter common grades.

Chicago Livestock Prices May 31 U S Dept Report

Chicago livestock market report shows hogs 40,000 with 16,000 direct. Hogs closed lower with top at 5.00 early and 4.90 late. bulk 4.85. Cattle 11,000 and calves 1,500 with fed steers and yearlings strong to 15 higher. steers 5.75 to 7.00. hogs and cattle prices listed by weight class. Sheep 10,000 steady to strong.

Chicago U. S. Dept Sheen

Market Report Prices for Sheep and Lambs

Bid prices show uneven week with weakness in mid grades. Desirable lambs 7.00 to 8.00, best ewes around 2.75, lambs at 9 pounds. Good to choice sheep 6.75 to 8.00, lower grades 6.25 to 6.75.

Jersey City Livestock Market Report May 31

Jersey City livestock figures show cattle for veal and calf sales. steers and cows steady with bulls at 3.00 to 3.75. Vealers strong near 6.00 to 7.00 for desirable lots, 5.75 for southern fed. calves nominal. Sheep and lambs total 10 570 with steady coats and demand. hogs, 39 head direct, market nominal.

Jersey City

New York Poultry Prices and Eggs Report May 31

New York poultry prices show dressed poultry irregular and eggs at 55 759 weak. Fresh chickens 17 24, old roosters 9 12, turkeys 12 21. Mixed colors and special packs listed. standards and commercial standards 144 14 percent. Brown eggs Western standards 144 14 percent. all other whites and browns unchanged.

New York

Pittsburgh Livestock Market Report May 31

Hogs 2,500 with movement steady to 10 lower. light lights 130-160 lbs 4.40-5.15. 160-200 lbs 5.00-5.30. 200-250 lbs 5.20-5.30. 250-359 lbs 4.85-6.25. Cattle 25 unchanged. steers 900-1300 lbs 5.85-6.25. common 4.75-5.85. heifers 550-750 lbs 5.25-5.50. cows 3.25-4.25. Calves 250 slow. vealers 4.00-5.50. calves 250-500 lbs 2.00-4.50. 500+ 2.00-4.50. Sheep 200 head. lambs 90 lbs and lighter 7.00-8.50. common 4.75-7.00.

Pittsburgh

Trade Trend expects cotton goods slump in foreign trade

The Associated Press reports exporters have stopped buying gray cotton goods as prices rise above foreign competition. Zinc market strengthens with non ferrous metals, bids range from 4.20 to 4.25 cents per pound in East St. Louis.

East St. Louis

Peterstown Personal Notes From May Social and Visits

Mrs. T. F. Ballard hosted a May 18 party for Eastern Star members and guests. Opie Frazier moved J. Smith furniture to Peterstown, with the family to occupy Clarence Hansberger's property. Myrtle Jervis visits Welch relatives. several local residents hosted and visited across Morgantown Greenville Tenn McComas Athens Welch Mullene and Red Sulphur Springs.

Peterstown T. F. Ballard Order Eastern Star Opie Frazier Morgantown J. Smith Clarence Hansberger Misa Myrtle Jervis Welch Frank Spangler Harold Witt Mullene H. D. Cunningham Virginia Ball Jenkin Jones Buddy Barlow McComea Bluefield Bertha Ballard Chester Harman Miss Ballard Lillie Ballard Lucile Miller Elizabeth Red Sulphur Springs Jerry Lambert Wilcoe

Also Mentioned on This Page

Bluefield Daily Telegraph W. Va Standard Statistics Co Cai High Eee Low Eer Adams Express Bastian Kodak Pac Allied Ret Erie Eeeeeereres Chalmers Wee Fed Wat Serv Ard Motors Foster Wheeler Penick and Redtator Tee Gen Asphalt Phillips Betwee Amer Rolling Mills Pillsbury Flour Gen Foods Proctor and Gambie Steel Gen Motors J Space Gillette Radio Corpu Hershey Choca Uu Reynolds Metals F. Ry Houdatile Hershey Reynolds Houston Royal Dutch Atlas Powder Hudson Motors St Joseph Lead Ass'd Drygoods Hupp Motors Seaboard Ai Linery Auburn Auto Illinois Central Sears Roebuck Aviation Corp Winco Int Harvester Simmons Bed International Shoé Socony Vacuum Ll Bar Ty Son, Calf, Edison Bendix Aviation Inland Steel Peerereee Bethlehem Liver Johna-Manville Borden and Co Btandard Bra Joon Man Kennecott Copper Standard Gas Brooklyn-Union Brigzs Mig Kroger Groce Underwood Elliot Serewee Union Carbide Union Pac Tee McKeesport Tin McKesson and Robbins Ith Chrysler Mack Truc Coca-Cola United Carbon Free Eens Magma Copper Mathieson Alkan United Corpn United Gna Limpr Columbian Mexican Seaboard O| S Col. Gas and Tee Commercial Credit Montgomery Ward Natra Tatevereere Lata Ily Mullens Wisesaee Steewee Nash Motors Warren Bros Warne Broa Maryland Nat Row and Steee All Westinghouse Ind. R.r.utty C. B. Hancock Appalscaian Electric Power Compass West Virginian Hotel James EB. Mann Bluefield, W. VA Wall Street Briefs J. Alexander Harry Bowen RM Hawthorne Arthur J. MacBride R. L. Wallace Pocahontas Fuel Company Orporat ONE Broadway U.S Pocahontas Tidewater Great Lakes United Sales Atlantic Lambert's Point Sewell’s Point Norfolk Newport News Poca New Bedford Mass Sa Mass Mystic Wharf Boecon Back Portland Gandusky Moxey, Savon & CO UTD London E C England Coal Trading Associa Rotterdam Holland Frederick Gundersen Gergen Norway E. Pinto Basto & CO. Ltd Ashon Portugsl Henry Coe & Clerici Via Many Nor Way Sweden Danmark Switzerland Spain Vorengal Greece Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Hongkong Mexico City Montreal Toledo Grain Chicago Grain Baltimore Livestock U. S. Oval Academy Annapolis Virginia Thompson Ernest Lee Jahneke, Jr Chicago Livestock Jersey City Livestock Hong OF NEAH Skeezix Clarence Uncle Walt Pops Walt NEW York Poultry Pittsburgh Livestock The Peterstow, W VA Sue M Davis Boots BY Martin Werner Sinr Ted Gioowy Aont AG Freckles Olgie Bay BY Blosser
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