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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 04, 1940
Page
9
Abbott, Proctor and Paine provide quotations from the New York Stock Exchange and other principal exchanges.
New York June 3 stocks opened mixed and drifted lower with leaders retreating to near three point losses. Steel copper and specialty shares led early gains before a broad pullback, volume about 76 000 shares. Analysts foresee a potential upturn when defense spending boosts industry.
Dr Charlotte Hawkins Brown president of Palmer Memorial Institute Sedalia North Carolina will deliver the commencement address to thirty four Bluefield State Teachers College seniors. Graduation begins at 10 30 this morning in Arterhall. Brown noted for multiple speaking engagements across races. Alumni session ends with banquet and dance. P T A to meet Genoa high school tonight at 8 oclock F N Robinson invites all parents.
Tonight a fifty third anniversary service at First Baptist Pocahontas features the Ain Song with four choirs including Macedonia Baptist of Boissevain Roseville Baptist Mill Creek Coopers and Pocahontas Community Chorus. Service begins promptly at 7 45 with Elder S Hairston delivering prayers.
M. K. Harman advertises a four room apartment at 333 Third with rye i ene APARTMENTS noting furnished or unfurnished options available.
Mrs. Lucile Hayes Holland of Tuskegee Institute visited Mr. and Mrs. Ed diehead and daughter Mrs. Branch for several days last week. Holland was a Hampton Institute classmate of a Branch.
A bridge hand shows North South opening with 1NT and passes to 2NT and 4S. The declarer misreads a path, chooses a trump finesse costing the contract as West wins with the Queen of diamonds. analysts compare finesse odds to a high line involving drawing trumps and discarding, noting outcomes depend on club splits and opponents' cards.
A cryptic bridge bidding fragment shows Berestene and Jecoty Sehenkee discussed as vulnerable sides. The text notes a pass sequence with a question about what to bid and hints at potential trouble from an overcall or partner vulnerability.
In New York, foreign bonds fluctuated amid light trading as German bombardment hit Paris. US government issues ranged from 7 32 points lower to 2 32 higher, with total face value $3,579,000 the smallest since August 31.
Ballina market reports show cattle good and medium grade at 8.80 to 10.00 per 100 pounds for 1,000 to 1,280 lb cattle. cows and bulls steady with fat cows 6.00 in canners and cutters 4.50. calves 400 steady with vealers 9.50 to 10.50. hogs 1,250 head down 10 cents to 45.90 for practical 45 to 46 dollars. good and choice 170 to 210 lb hogs 5.65 to 6.90. sows 3.80. sheep 1,400 with spring market around steady at 11.15.
Chicago dairy trading shows butter prices holding with slight gains and a few declines across grades. Market notes reference point figures such as 91, 89, and 88 with carrots listed in a separate commodity line.
Notice from Hoggon Hers Inc a New York corporation compliant with West Virginia rules of reconnection to dissolve its operations in West Virginia. The notice cites Section 7-1 of Article 31 of the West Virginia Code and lists Alan M. Close as president.
Salable hogs 700 head 160-180 lbs at 5.50. Cattle: good steer activity and medium to good heifers at 10.00 to 11.00. canners and bulls good to choice 7.50 to 9.50. Calves 750 head steady 10.00 to 11.00. Sheep 200 head steady with lambs 3.50 to 5.00.
Chicago livestock prices extend declines with hogs down 10 to 15, cattle 15 to 25 lower. Hogs open 15 to 20 down from prior averages with some sales 250 pounds and up 5 to 10 off, top 5.50. Cattle salable at 16,000 and calves at 2,000, with fed steers and yearlings largely 15.25 lower and slow closing trade amid liberal water fill. Lambs mixed, springers around 11.50, others 10.50.
Chicago June 3 grain market sees corn rise over a cent while wheat and other grains fall for most of the session. Wheat rallies to near Saturday levels amid weak securities and expectations of stronger domestic harvest outlook in private crop reports tomorrow.
Pittsburgh produce market shows strong demand as U S and Pa Department of Agriculture report steady buying. Prices stable with active trading across fruit and vegetable categories in early June.
In New York on June 3 the Canadian dollar gained four cents while the English pound and French franc posted minor losses. Swiss franc moved fractionally and several European and Asian currencies showed small shifts with quoted levels including Japan at 23.48 and Hong Kong at 20.06.
New York futures showed irregular trade as war reports clouded markets. Prices moved with buyers scarce and a mixed guide from July and September contracts, while imports and refined prices faced uneven shifts.
New York June 3. Dry goods report sparse inquiries from converters and printers. Further curtailment noted in some printings, with slackening activity in dress goods and box looms.
On June 3 in New York bond prices quoted include 3s at 43 Treasury 34s around 46, with 108.3 for Treasury 4s. Treasury 34s show 49-46, price 108.23. a 55-51 range for another issue at 107.21. High grade issues marked by Hm. Own. Ladss at 106.6.
Butter receipts for two days total 2,574,043 pounds with mainly steady to firm prices. Creamery grades show higher than extra and various scores listed. egg markets mix of near and midwestern categories with multiple price ranges. Local and regional variations noted across standards, fancy, specials, and premiums.
Mary Ellen Hill, seven, was rushed to a hospital near Hinton West Virginia after her clothing ignited from a stove causing critical burns on June 3. Local authorities investigated the incident and urged caution with home stoves.
Ad promotes BI-TONE TONIC as a affordable health booster to improve blood during changing weather. It claims a dollar price and urges purchase through druggists and local stores, highlighting a long respected manufacturer and dealer network.
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