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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 03, 1931

Page

14

Steel Moves In Point Range on New York Stocks

Total sales reached 3,309,000 shares as United States Steel fluctuated within a one and a half point range and closed lower on the day. General Electric, Bethlehem Steel, American Tobacco and other major issues firmed or weakened with mixed broker reactions and tighter credit signals noted in the market.

New York Atocka United States Steel Pinchot French Lick New York Central Atchison Baltimore and Ohio Erie Frisco Eeag Pacific Lackawanna Delaware and Hudson Borden National Dairy National Biscuit General Electric Liggett and Myers American Tobacco Bethlehem Steel Johnson Manville Standard Oil Hares New York Stock Exchange Federal Reserve

Bond Market Sees Wide Decline Across Sectors

The bond market fell broadly on June 2 1981 with many new low prices for the year across industrial and railroad loans. Even high grade issues slipped after initial resistance while foreign bonds showed broad declines. Government notes remained quiet until late in the session when activity rose and prices edged higher.

New York United States

Call money steady as rate quotes at New York markets

On June 2 in New York call money held steady at 1 percent for the full day. Time loans showed 60 days at 1% and 3 to 4 months at 1 1/2 percent, with 5 to 6 months at 1 1/4 percent. Prime commercial paper quoted at 2 1/2 percent and bankers acceptances unchanged.

New York

Hancock Investments and Coal Firm Entries in Bluefield Ledger

A scanned financial snippet lists Hancock Investments in Bluefield WV and entries for America Coal Co and Crystal Town grocers. Also shows Mullens Grocers and Fundamental Trust Shares A and B at market. Cities Service and Indian Territory figures appear with June closing notes and percentage marks.

Hancock Investments Bluefield West Virginia First National Bank Ble America Coal Co Biees Coal & Coke Daet Crystal Tha Comiene Mullens ‘Grocers Fundamental Trust

Treasury Receipts and Expenditures May Summary

Treasury receipts for May 29 totaled 4 722 361 51 with expenditures of 8 785 122 28 and a balance of 41 060 313 95. Customs receipts for May 29 show 27 463 in taxable business activity.

Washington Treasury

Foreign exchange rates climb across major currencies

New York on June 2 reports strong demand in foreign exchanges with Belgium at 13.92 percent and Germany at 23.7444 percent. Other rates include Norway 26.77 percent, Sweden 26.80 percent, Argentina 30.3744 percent, Brazil 7.10 percent, Tokyo 49.35, Shanghai 28.75, and Montreal 99.93 percent.

New York Great Britain Belgium Germany Holland Norway Sweden Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Montreal Mexico City High Adama Express Cteneccrune Kelvinator Aeonenadnan Eeacdeunan Kennecott Copper Allied Chemical Ee Ee Kroger Groce Aee Allis Chalmers Badnquene Lam UG Accneneccusscendenad American Lowe's Inc Lorillard Tob American Rolling Milla Ludium Steel Cawenneoas McKeesport Wwe American Steel Mathieson Mexican Seaboard Miami Oeennerees Drygoods Missouri, Kans Tex Atchison, T F. Ryes Montgomery Ward Atlantic Coast Line Downs Nash Motors Fase Nat. Biscuit Atlas Powder Nat. Cash Register Auburn Auto Aviation Corpn Baldwin Loco LA Wen Wen Norfolk and Western Best and Co North Amer. Aviation Bethlehem Steel Weeee North American Co Borden and Co Omen Oliver Farm Equip Brooklyn-Union Gaseee Otia Duicooctoves Briggs Mfg Ooo Ee Owne Packard Motors Calumet Arizona Paramount Publix Calumet and Canada Pathe Exchange “A Canadian Pacific Ae Cerro de Pasco Chesapeake Corpn Eee Ewe Pennsylvania R. R Chesa Ohio Phillips Pet Chicago Great Western Pillsbury Mil St. P Pac Prairie Pipe Proctor and Gamble Roy Chicago Northwestern R. I Public Service N. J Pullman Chrysler Coca-Cola Radio Corpn Colorado Radio Keith Orpheum Commonwealth and Southern Col Remington Rand Columbian Reo Motors Republic Steel Reynolds Metals Ene Colgoleum Nairn Reynolds Royal Dutch St. Joseph St. Louis San Fran Continental Insurance Seaboard Air Line Continental Motors Sears Roebuck Continental Oil Shattuck Shell Union Curtiss-Wright Sinclair Oil Davison Chemi Wom Southern Calif, Edison Delaware and Hudson I” Drug. Inc Southern Pacific Enews du Pont Southern Railway Fastman Kodak N. J Anon N. Y Federal Water Service Stewart Warner Foster Wheeler Stone and Webster Fox Film “A Studebaker Texas Texas Corp. Awe Eeon Texas Gulf Texas Pac General Electric Transamerica Corp General Foods General Motoracce Underwood Fillett General Pub Union Carbide Eee Eee General Ry Union Pacific Gillette United Corpn Graham Paige United Gas. Impr Great Northern Grigsby Grunow Realty Ee Goodrich Goodyear Tire Lt. “A Hayes Body Houdalille Hersheye Wabash Warner Pictures Hupp Motors Tllinois Central Warren Bros Weston Ol Int. Bus Western Maryland Western Union Harvester Westinghouse Airbrake International Shoe Westinghouse Ec Willys-Overland Pawer Woolworth Tnt Worthington Inland Steel Chess Johns-Manville Youngstown Kansas City Southern

Pittsburgh Produce Prices and Market Activity Report

Produce demand is slow with multiple commodities listed. Apples, cabbage, onions, potatoes, butter, eggs, and cheese show steady or about steady pricing across various regions and container types, including specific regional price ranges and stock descriptions.

Pittsburgh U.S Depts New York Maine Green Mountains Louisiana Alabama Geacks Bliss South Carolina Hennery

Curb Market Dips to New Year Lows Amid Mixed Trading

New York curb market activity held steady at a weak pace with 639000 shares traded. Petroleum issues sagged on crude price cuts in the Mid Continent and broader production gains. Nebraska Standard Gulf and Cities Service showed notable moves while utilities and specialties slipped to year’s lows.

New York Mid-Continent Nebraska Standard of Ohio Indiana Gulf Mayflower Continental Conventible Preferred Insull Utilities

Sugar market slips as New York closes lower

A slightly easier tone in raw sugar pushed prices down 2 points to 3.23 spot duty paid. Raw futures inclined lower with 43,300 tons sold. July to May futures end at 1.15 to 1.83, while refined remains steady with refiners announcing a 10 point rise to 4.45 for fine granulated.

New York

New York Stock Exchange Quotations

James & Mann announces management of NYSE quotations with James & Mann as New York Cotton Commence and Jack R. Younger serving as assistant manager at the Chicago Board of Trade.

New York Chicago Board of Trade Isaac T. Mann James Ellwood Jones Ott. Alexander Arthur J. MacBride TR. L. Wallace H. R. Hawthorne

Cotton goods market slips as cotton declines in New York

Cotton goods were weak today after the cotton decline with some demand for immediate delivery of finished goods. Burlaps markets weakened and Calcutta curtailment prospects unsettled the trade. Silk goods sold moderately and inquiry for men's wear and summer coatings increased. New carpet and rug season opened with lower prices unchanged and low end base goods up about 7 percent.

New York Calcutta

Gumps Trade Dale a Million Pee Nar Paid

The fragmentary text references deals and payments involving a Dale and a character named Uncle Bim. Unclear details and structure prevent a full reconstruction of events or a clear headline.

Weil Bim

Toledo Grain Report Shows No Change in Grain and Seed

Toledo Ohio June 2 grain and seed markets show no change from prior quotes with steady prices and unchanged demand levels throughout the day.

Toledo, Ohio

Cincinnati Produce Market Report

Cincinnati produce notes show June 2 prices with kegs in fair demand. First quality fetched 14 percent, seconds at 14 percent, nearby ungraded at 16 percent, indicating modest demand for kegged goods in that period.

Cincinnati

Poultry Prices and Bee Trade Reported in New York

New York on June 2 reports steady dressed poultry with mixed weight ranges for chickens and turkeys. Live poultry prices show broilers and fowls at varied rates while bees are listed at 4025 dollars unsettled. color grades and extra firsts mark the egg and poultry market alongside regional brown varieties.

New York Express

Chicago Grain Prices Decline Amid Canuck Crop News

Chicago traders faced uneven activity as grain futures slipped on reports of Canada’s smaller 1931 crop by 88 million bushels and a 5 cent per bushel export subsidy. Spring wheat held near historic lows while corn and oats rose modestly and provisions gained.

Chicago Canada Tiler

Baltimore Livestock Prices and Receipts Report

June 2 Baltimore market notes cattle bulls cows heifers and calves with price ranges for quality grades. Sheep lambs hogs and pigs receipts listed. figures show mixed quality values and market activity for the period.

Pittsburgh Livestock Prices and Ranges Report

U S Dept of Agriculture market report from Pittsburgh on June 2 shows hogs steady to weak across weights with light hogs 130-160 lb at 6.40 to 6.65, cattle trading 15 nominally steady with steers 900-1300 lb 6.25 to 6.75, cows 3.50 to 5.00, vealers and calves varying by grade, sheep and lambs also listed with ranges for different weights and grades.

Pittsburgh U. S. Dept Sready

Chicago Livestock Market Roundup June Hogs and Cattle Rise

Chicago market report shows 18 000 hogs with 2 090 direct. prices steady to higher across weights. Cattle and calves also up with yearlings and light steers posting gains. heavy bullocks lead the bulk at 6.25 to 7.50 per cwt. slaughter cattle up 15 to 25 cents.

Chicago U. S. Dept

Cattle and Sheep Market Prices Move Through Range

The market lists vealers and steers by weight with prices from 5.25 to 9.50 for vealers and 4.25 to 7.85 for good and choice steers. Cows and bulls show 2.50 to 6.60 for lower grades, and feeder cattle reach 4.75 to 7.00. Sheep data include ewes and lambs with prices from 1.00 to 10.50 and notes of early market uncertainty.

Trade Trends Signals Slow May in Machinery Markets

The Associated Press notes May closed slightly lower than April as activity remained muted in machinery and machine tool markets. Rail equipment orders show May at 46 freight cars and 151 locomotives, with passenger cars absent. Iron and steel output weakens with ingot production around 40 percent. Chicago and Pittsburgh districts fall further from recent highs.

Steel Iron and Steel Review Chicago Pittsburgh

Wall Street Briefs and Corporate News Summary

New York reports show Warren Brothers booked domestic work totaling just over 2.75 million square yards for the year to June 1, slight drop from last year. Standard Oil of New Jersey stockholders approve a fourth stock acquisition plan to take effect in 1932. Monsanto unit Chamber Sulphuric Acid resumes after six months idle. Pierce-Arrow President A R Erskine says reports of a passed preferred dividend are unfounded.

New York Charles R. Gow Warren Brothers Company Standard Oiil Company of New Jersey A. R. Erskine Pierce- Arrow Motor Car Company Pierce-Arrow

Company posts four month profit surpassing yearly dividend needs

The firm reports that profits for the first four months of the year exceeded the dividend requirements planned for the entire year, signaling strong early earnings.

Eviction Appeals in Go at Ward Loss May Trigger Possession

Charleston W V June 2judgment given at Go at Ward eviction suits against Minerva Creek Collieries Co. Appeal to Na.Wha County Common Pleas Court. Minerva relief committee says some evictions target men discharged after participating in a hunger march to Charleston ten days earlier. John Q Hall says houses freed due to refusals to take offered work. housing needed for others.

Charleston W. Va Ayec Creek Collieries Companatice of the WA Aly Goat Ae] m Nawha County Common Pleas Court Minerma Post Bonda Minerva Relief Committee John Q. Hall

Views of the Golored People at Scott Street Baptist

The pastor Rev J H Thomas delivered two interesting sermons Sunday. The Wednesday prayer service starts at 7 30 PM at Scott Street Baptist Church. The missionary society meets at 3 PM at 240 Bills Street with all members urged to attend. Local residents Ferrell Lawton and visiting Mrs Ida Adams and others were noted in Bluefield and Beckley travel.

J. H. Thomas Scott Street Baptist Church Scott Street Baptist Missionary Society Margaret Pollard Bills Street Ferrell Lawton Logan Bluefield Mra Ida Adams Montgomery Ala Jane Mattey Park Street Beatrice Clark Grace Clark Beckley Kimball E. W. Lomax C. A. Rogers Jane Matney Lowe Lomax Washington Newark

McCuskey Addresses WV Wesleyan Graduation

Dr Roy McCuskey newly elected president spoke at West Virginia Wesleyan College graduation in Clarksburg as 8% graduates received degrees. Retiring president Dr Homer Erk and first president B W Hutchinson of Connellsville Pa and Dr a a Cherrington of Washington DC were among the speakers.

Clarksburg W. Va Roy McCuskey West Virginia Wesleyan College Homer Erk B. W. Hutchinson Connellsville A A Cherrington Waashington D. C

Studebaker May Sales Rise 16 Percent Over 1930

A R Erakine president of the Studebaker corporation reported May sales at 6 225 cars versus 5 853 in May 1930, an increase of 16 percent.

South Bend Ind A. R. Erakine Studebaker Corporation

Also Mentioned on This Page

Ial R.R Ut'ty Standard Statiation Co Acee i-New Liberty Firat Fourth N. Y. Stock Exchange Bluefield, W. VA New York Carbanna Echmond Stock Exchange Jack R. Younger Tom Carr Andy Gump Kiss Imerune NER Toledo Grain Cincinnati Produce NEW York Poultry Chicago Grain Baltimore Livestock Baltimore Recelpta Pittsburgh Livestock Chicago Livestock the Associated Press Wall Street Briefs Chamber Sulphuric Acid Monsanto Chemical Works Scott Streert Baptist Church Pocahontas Fuel Company Incorpora One Broadway Pocahontas Tidewater Great Lakes Atlantic Coast Lambert Wall’ Point Norfolk and Newport News New Bedford Mass Salem Mystic Wharf Beaton Portland Sandusky Toledo Boston, Va Portland, Beaine Cincinnati, Oho Chicago, AL Etroit MOXBY, SAVON @ CO.,LTD Lime Street Square London LYC England Coal, Trading Association Rotterdam Prind CK Gundersen
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