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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 05, 1925

Page

22

Heavy selling across accounts after Maxwell issue seen

The New York stock market closed with broad selling led by motors utilities and specialties after the Maxwell issue suspension. General Electric fell about five and a half points while several stocks including American Can, Dupont and Mack Trucks dropped heavily. meanwhile Nash, Coca Cola and United States Rubber showed strength and hit new highs for the year.

New York Maxwell General Electric American Can California Packing Dupont General Baking Laclede Gas Loose-Wiles Bilacuit Mack Trucks Montana Power F. G. Shattuck United States Nash, Moon United States Rubber First Fisher Body Coca-Cola Cushman's Bakery Ward Baking B Tobacco Products American Telephone Lackawanna Lehigh Valley St. Paul Southern Railway Maxwell B Kennecott, M Cere de Pasco

Bond Market Opens Strongly Then Slacks in NY trading

In New York on June 4, government and foreign bond prices led the market with early strength but faded as the day progressed. Prices moved mildly lower late, reacting to a unsettled stock market and higher call money rates. The report notes a recent advance in Hungarian securities.

New York United States

Foreign Exchange Briefs Steady Amid Irregular Quotations

New York June 4 foreign exchanges show irregular quotations in cents. Great Britain demand 4.8511 16, cabies 4.56116, sixty day rates cited with minor fluctuations in the market.

New York Great Britain Cabies

Stocks Drift In A Choppy Session Across Major Exchanges

Reading, Lehigh Valley and Pennsylvania lines among listed carriers trade as investors scan for clues. Railway and steel names show scattered moves while energy and consumer plays exhibit mixed results amid broad market indecision.

Global currency demand and rates listed for multiple nations

A compilation of demand and currency rates shows values for France Italy Germany Norway Sweden Denmark Switzerland Spain Greece Poland Canada Slovakia Yugoslavia Austria Romania Argentina Brazil Japan China Canada and others with varied percentages and figures including 4.81 18-16 and 490 percent alongside 4.79 and 41 percent in Tokyo.

Billi France Italy Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Careaho-Slovakia Jugo-Slavia

Cattle and hog markets soften amid uneven bids in Chicago

Chicago cattle receipts 11,000 with fair to good grades. top heavies around 11.60 and 11.40, better fat cows firm to high. Hogs receipts 31,000 with steady to slightly lower close. good and choice 12.16 to 12.35, top 12.40. Sheep receipts 16,000. fat lambs 26c lower, best westerns about 15.40 to 16.40, yearlings near 13.60. Estimated holdover 12,000.

Chicago

Market Brief Notes on Odd Lots and Heavies

A brief market update notes odd lots trading up to 6.50 while heavies trade down to 4.50 or lower. Prices shown include bulk figures of 12.76 and 13.26 with unspecified context.

Sugar Market Tones Up as New York Prices Rise

In New York sugar trading June 4 a cautious tone dominated with spot prices steady at 4.82 in duty paid terms while shipment raws advanced. Sales included 35,000 Cuban bags for prompt June at 4.43, 20,000 Cuban bags for July at 4.46, and 7,000 Philip bags for July and August. Futures were lightly traded with prices ending few points higher. July 2.70, September 2.83, December 2.88, March 2.89. Refined sugar unchanged though demand remains good. granulated ranges 5.65 to 6.70.

New York Philip

New York Dry Goods Market Steady Amid Price Shifts

Cotton goods held steady as mills trimmed bids while yarns rose up to a cent a pound. Floral prints, printed broadcloths, and silk cotton prints stayed in demand. burlaps strengthened. May raw silk import totals exceeded 200000 bales, 67000 more than last year, with mills increasing curtailment.

New York

Wool Trade Improves Slightly as Prices Steady

Boston June 4 report notes marginal gains in wool business with actual sales still limited and market activity uneven. Analysts cite cautious buying and steady prices as influencing the slower turnover across mills and merchants.

Boston

Truste es Sale of Coal Property in Princeton West Virginia

Notice of sale by trustee H Lilly due to default on a 756000 mortgage. The entire principal and accrued interest are declared due. Public auction at the Mercer County Court House front door Princeton WV on July 3 1925 at 10 o clock. Property includes coal mining lands, improvements, machinery and appurtenances in Wyoming County referenced in the deed of trust.

Mith-Pocahontas Coal Company H. Lilly J. H. Lilly Mercer County Court House Princeton West Virginia Hes Gage Smith- US Mortgee

Wool Market Report Shows Firm Prices and Demand

Mills show restricted buying with some speculative interest. Domestic wools like delaines meet fair demand at firmer prices with small lots selling at 48c grease, and top wools still sought up to 50c. Foreign wools remain quiet yet firm, with prices unchanged from yesterday.

Grain Prices Rise on Hot Kansas Winds

Chicago grain markets surged as adverse domestic crop conditions, led by torrid Kansas winds, pushed prices higher. September and December wheat contracts reached season highs, closing 2 1 4 to 4 1 2 cents higher on the day.

Chicago Kansas

Market Fluctuations Mention Grain and Provisions Shifts

The report notes mixed movements in commodities with July at 1.68 to 91.68 percent and September at 1.63 percent to 1634. Oats show small increases around 1 percent while provisions vary from slight declines to gains.

U S Government Bonds Close Mixed On New York Market

Bond prices closed with Liberty 3s at 101.1 and various Liberty and Treasury issues in the 102 area. Liberty first 4s 102.11, second 4s 101.9, third 4s 10216, fourth 4s 102.16, Treasury 48 102.21, Treasury 4s 106.80.

New York United States Liberty Treasury

Call Money Rates Steady in New York Market

The New York call money market shows steady rates with the ruling rate at 8 percent. Call loans against acceptances stand around 83 percent, time loans are steady at 3 to 4 percent with mixed collateral for 60 to 90 days, and prime commercial paper remains scarce.

New York

Poultry Prices and Active Debt Collectors Mentioned

New York June 3. Live poultry firm reports broilers by freight 35 to 42 cents, by express 32 to 48 cents, fowls by express 29 to 31 cents. Dressed poultry prices weak and unchanged. Parker question about active life. Millbank notes debt collectors keep him on the jump.

Express Parker Millbank

Also Mentioned on This Page

Fosdick Nhe Ees Terre Haute Southern Pacific Illinois Central Ourompany Indus Amours Ceysta Bock Co. and Coke Co American Finance Corporation Common American Finance Corporation Preferred Bank of Wyoming Mullena Carland Development Elkhorn Valley Grocery Little War Creek Coal Co Mead Coal Co Milams For Coal and Land Co Pocahontas Coal Land Pocahontas Push Co Premier Red Ash Coal Co Inceton Power Co Sterling Hardware Co Bluefield Bristol Erie St. Mbus Portemouth, O. Og Rine Ste Dee Teteee Pennsylvania Phila Reading Selon Ludebaker Hiiola Central Int Mar Kelly Spield Loulaville and Nashville Voceues Marian Hra Motora Texas Missouri Pacific National Blocult National Pee York Central N American Worthern ‘Pacific International Harvester Kennecott Pret Cc Can Mack Gratgomery Ware Hartford Norfolk and Western Pacific Pan Fe Petroleum Caliorai Eeew Electric Citizens Underwriters Agency Ray Evans Mgr Call 291 Peery Bldg Es Holder Newt Shes Are Arin Stanley MLEG Bruno Nixon Paint Co Blosser Will J H Lilly Bluefield National Bliveerieu D W.va Gov’t Bonds Ettery Cottery Wall Street Edward R. Jubling, William F. Toney The First National Bank Bluefield, W. Va Consultus Community “Loan Company Bland Street W. C. Neikirk Secy & Treas Isaac T. Mann James Elwood A. J. McBride Mgr. Sales C. L. Alexander Jones Thomas F. Farrell H. R. Hawthorne Pocahontas Fuel Company Incorporated Pocahontas Tidewater Grent Lakes Poccahontas Fuel Company Incorporated Tere Zere Pet Pocahontas Fuel Company Pocahontas Coal Broadway G v Main St Mass Roar Norfolk Muncinnati Ohio Tinto Bite Portland Maine Pocahontas Wharf Moulton New Bedford Ontas Wharf Hillman Street Atlantic Lambert's Point Sewell's Point Newport News City Piers Great Lakes Sandusky Toledo London Moxey, Savon & Co, Ltd Lime Street Square E. C England Henry Coe & Clerici Piazza Pocahontas Fuel Co., Inc N. Y Watkins, Scott Western Union Lieber's Tina
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