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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 06, 1931

Page

14

Closing Prices Slightly Lower in Mixed Market

New York markets held firmer despite profit taking with many shares finishing modestly lower. Rails led an afternoon rally while bonds rose, and trading calmed as professionals projected a rally peak. Major issues like Atchison New York Central and Union Pacific fluctuated, while American Can General Electric and J I Case showed gains and others slipped.

New York Rails Atchison New York Central Pennsylvania Northern Pacific Southern Pacific Delaware & Hudson Union Pacific Steel American Telephone J. I. Case National Cash Register Firestone Vanadium American Can General Electric Radio Anaconda Sears Roebuck Public Service of New Jersey Westinghouse Standard of New Jersey General Motors Mercantile Reviews Bradstreet’s Dun’s

Bonds Rally Lifts Latin American Issues and Rail Bonds

Sentiment toward both foreign and domestic investment bonds improved with notable gains in the foreign Latin American list led by Brazilian issues. Domestic railroad issues attracted buying interest despite overall nervous selling. Convertible carrier obligations remained strong while U S government bonds traded dull.

New York United States

Foreign exchange rates ease in New York markets

In New York on June 5, foreign exchanges offered steady quotes with Great Britain at 4.8615/32 dollars and 4.8619/32 on cables, 60 day bills given amid general market ease across major currencies.

New York Great Britain

Hancock Investments and Coal Co. Market Notes

A fragmented listing from Bluefield West Virginia shows bids and prices for coal related firms and funds. Mentions C B Hancock Investments at First National Bank Building, Mullens Grocery, Fundamental Trust shares, and Cities Service common with market closures noted on June 5. Indianary Oil also referenced with an 11 percent figure.

C. B Hancock Investments Bluefield West Virginia First National Bank American Coal Co Coal & Lots Mullens Grocery Co Fundamental Trust B .G Indianary Oil

World Demand And Trade Percentages Report

A list shows national demands and cable rates for several countries and cities. France and Italy report 3.917 and 5.23 percent demands with 3.91 percent cables respectively. Belgium 13.92 percent, Germany 23.72, Holland 40.22, Norway 26.77, Sweden 26.79, Denmark 26.77, Switzerland 19.29, Spain 9.59, Portugal 4.44, Greece 1.29, Poland 11.22, Czechoslovakia 2.96, Yugoslavia 1.77, Austria 14.054, Romania 0.59, Argentina 30.97, Brazil 7.25, Tokyo 49.35, Shanghai 28.6214, Montreal 99.923/16, Mexico City gold peso 49.49.

France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Montreal Mexico City Ae Alleghany Corpn Allied Chemical Allis Chalmera American Rolling Mills Armour Atchison, T Atlantic Coast Line Atl Rew Atlas Auburn Auto Baldwin Loco Balto Ohio Bendix Aviation Best and Co Tween Bethlehem Steel Eeeen Aaewen- Borden and Co Brooklyn-Union Gas Briges Mfg Canada Owen O Cerro de Pasco Chesapeake Corpu Chesa Chicago Great Western Pref Chicago Mil St. P Pac Chicago Northwestern R. I Colorado Commonwealth and South Col. Gas Congoleum Nairn Continental Baking Continental Can Continental Insurance Continental Motors Crucible Steel Curtiss-Wright Curtiss-Wright A Davison Chemical Delaware and Hudson Drug. Inc du Ponteenswe Hastman Kodak Weeee Erie Cee Nee Sewn Federal Water Service Meee Foster Wheeler Fox Film Aee Freeport Texas — A General Pub. Service General Ry Gillette Ea Me Glidden Co DEBE Cee Ncap Anddliasied Insins Grham Paige Ee Granby Copper Great Northern Preferr Goodric Grigsby Grunow Goodyear Tire Hershey Choc Harvester Ee International Shoe Johne-Manville Kansas City Kelvinatornse Lehn and Fink Aeen Emweeen Liggett and Myers “B Lowe’n Inc Magma Mathieson Pet Miami Copper Missouri Kans Tex Montgomery Ward Nash Motors Nat. Biscuit Cash Register Pow. and Light Nevada Conseeeen Ee Een Eens N. J. Comteal Norfolk and Western North Amer. Aviation Ts North American Co Cnm-Ne Oliver Farm Equip Otla Packard Motors Paramount Publix Fan Pathe Exchange Penick and Ford Penney, Te Ew En Penn Dixie Cement Pennsylvania R. A Phillips Pet Piliebury Prairie Pipe Line Proctor and Gambler Public Service N. J Cqns Remington Rand Eee Reo Motors Wee Republic Steel O Enn-S Reynolds Metals Reynolds Tob Royal Dutch St. Joseph Lead Ee Wwn St. Louis San Fran Seaboard Air Line Sears Roebuck Shattuck Werner Ene Shell Union Oil Eem Wene Simmons Bed Anne Sinclair Oil Southern Calif Edison Eee Southern Pacific Ey Southern Railway Cancecesicquss New Eee Standard Oil N. J Stewart Warner Stone and Webster Bridenake United Aircraft Ween United Carbon United Corpn United Gas RON U Eee U. S Wwnn Warner Pictures Warren Brod Willys-Overland Woolworth Worthington

Call Money Steady In New York Markets

Call money in New York on June 5 remained steady at 11 1/2 percent all day. Time loans showed little change with 60 day loans at 1 1/4 percent and 4 to 8 month loans at 1 1/2 percent. Prime commercial paper quoted at 2 1/2 percent with bankers accepts unchanged.

New York

Treasury Receipts and Expenditures for June 3

Treasury receipts for June 3 totaled 3,896,654.83 dollars with expenditures of 12,863,155.00 dollars and a balance of 101,457,900.05 dollars. Customs receipts for the first three days of June were 3,218,225.89 dollars.

Washington Treasury

Government bonds close in New York on June 5

United States government bonds closed with mixed prices led by Treasury securities in a routine session. Notable notes included a 3% instrument around 103.29 and other issues trading near 102.18 to 114. Treasury 48 and related issues showed varied levels as dealers quoted prices amid quiet trading.

New York United States Baggy Sb Treasury

Pittsburgh Produce Market Report June 5 Prices and Movements

Produce demand slow with mixed changes across categories. Apples and onions show general softness. cabbage hold steady. potatoes, butter, eggs, cheese, and poultry display minimal shifts in price and availability across regional lots and stock levels.

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

Sugar advances as New York market firmens

Sugar prices firmed in New York trading on June 5 with a sixteenth cent rise to 3.25 cents a pound duty paid for raw sugar. Firmer spot values and higher refined futures drew demand as withdrawals increased. July 1.20, September 1.28, December 1.36, January 1.38, March 1.44, May 1.50. Refined withdrawals were stronger but prices held steady.

New York

Canadian Wheat Faces Disaster As Spring Crops Fail

Chicago reports moisture shortage crippling Canadian crops with wheat at 75 percent of normal, 18,000,000 acres affected across prairie provinces. Prices rose as wheat closed up about 1 percent while corn oats and provisions gained.

Chicago Prairie Provinces

Trade Trends in U S Heavy Construction and Steel Output

Heavy construction activity in the United States rebounds for May from the prior week’s low, with total new proposals at 53.88 million dollars versus 44.21 million the week before and 39.93 million the year earlier. Insolvencies show continued recession. commercial failures total 2,248 in May, down from April’s 2,386. Steel ingot production in May falls to 45.36 percent of capacity, down from April and last May, with 26 days totaling 2,505,485 gross tons and May 1930 at 3,982,915 tons.

United States R. G. Dun & Company American Iron and Steel Institute

Exchange Officials Named in Markets Directory

The New York Stock Exchange and New York Curb Exchange list James Eb. Mann as manager and James R. Younger as assistant manager at the Chicago Board of Trade and Richmond Stock Exchange, with the New York Cotton Exchange also noted.

New York Stock Exchange New York Curb Exchange Richmond Stock Exchange James EB. Mann New York Cotton Exchange Chicago Board of Trade Isaac T. Mann James Ellwood Jones O. L. Alexander Arthur J. MacBride Bales R.L. Wallace Sales H. R. Hawthorne

New York Poultry Prices Reported June 5

New York poultry markets show dressed meat steady and live poultry quiet. Broilers and freight rates listed, with eggs steady at 19 171 cents and various grade prices for mixed colors and white and brown varieties across nearby and western markets.

New York

Flour barely steady in New York on June trade

Flour prices moved only slightly in New York on June 5 as markets held a narrow, steady course amid light trading. Analysts noted limited price shifts with buyers remaining cautious and sellers sticky, reflecting a quiet market tone for the period.

New York

Toledo Grain Market Update

Grain prices in Toledo Ohio on June 5 show cash grain on track and seeds in warehouse unchanged reflecting steady supply conditions and minimal price movement for the period.

Toledo Ohio

Cincinnati Produce Market Report Quiet Start for June

Cincinnati notes a quiet trade with extra firsts at 16, firsts 14 percent, seconds 14, and nearby ungraded at 15 14. The report records price ranges and activity levels as of early June.

Cincinnati Egee

Dry goods market report from New York

Cotton goods were quiet today at easier prices than early in the week. Burlaps remained inactive and low. Wool goods for women's wear showed some improvement for sale. Silk was unchanged and low. Rayon under-standard yarns were offered more freely at irregular figures.

New York

Pittsburgh Livestock Prices Reported for Hogs Cattle Sheep

Hogs at Pittsburgh June 5 ranged 130 to 160 pounds light goods at 6.45 to 6.65 per cwt, 160 to 200 pounds 6.60 to 6.70, 200 to 250 pounds 6.15 to 6.70, 250 to 350 pounds 6.10 to 6.60, with trimming at 4.25 to 4.75. Cattle: steady. steers 900 to 1,300 pounds 6.25 to 6.75, heavies to 6.50, heifers 550 to 850 pounds 6.15 to 7.00, cows 2.95 to 5.00, bulls 4.50 to 5.00. Calves slow to weak, milk-fed heifers 7.50 to 9.50, calves 250 to 500 pounds 5.00 to 8.00. Sheep: lambs 90 pounds 8.00 to 10.00, yearling wethers 4.00 to 7.00, ewes 1.50 to 3.25.

Pittsburgh Ewos Coke Baltimore Chicago U. S. Dept California

Baltimore Livestock Prices Reported From June 5

Baltimore cattle receipts show steers bulls cows and helpers with price ranges from 2.00 to 7.50 per hundredweight. Sheep lambs hogs calves and mixed categories listed with varied values. figures reflect a market snapshot of supply and demand in early June.

Chicago Livestock Prices and Market Report

Chicago livestock markets show mixed demand with hogs higher on heavy direct sales and cattle and sheep largely steady to lower. Hog carcass values range 6.25 to 6.50 for good weights, cattle across weight classes mostly 5.50 to 9.50, vealers up to 9.50, and sheep with lambs 8.50 to 10.25 and ewes 1.50 to 2.75 amid volatility.

Wall Street Briefs on Rail and Markets

W V Boatner president of the Chicago Great Western railroad reports May net income after charges likely near last year’s 22 617. Wheat movement rose versus a year ago as Grose last month stayed ahead of 1923. General Empire corporation acquired the assets of Power and

New York W. V. Boatner Chicago, Great Western Railroad Grose

The Gumps Her Maid Fifteen Gone Her Cupboard

In a domestic scene the Gumps rely on a maid who has disappeared from the household routine. The family adjusts as chores like washing and ironing are undertaken by Mrs Gump herself, reflecting a shift in daily duties and responsibilities.

Bae

Light Securities Trust Issues 112 862 Shares of General Empire

Light Securities Trust completes a stock issuance of 112 862 shares of General Empire. The move expands equity and positions General Empire for growth. No additional details on pricing or dates are provided in the fragment.

Light Securities Trust General Empire

Miners' Strike Expands to Bear Mountain Area

In Clarksburg West Virginia 300 miners quit three Bear Mountain area mines demanding wage contracts held by Brown Coal two mines and Tresler Coal one mine. In Pittsburgh district union counts range 4500 to 7000 on strike as picketing continues. eviction notices denied by Pittsburgh Coal Co spokesman.

Pittenburgh Pennsylvania West Virginia Clarksburg W. Va Bear Mountain Brown Coal Company Tressler Coal Company Pittsburgh Pittsburgh Coal Company Montour Mine

Day News Briefs Round Lake Slayings and Self to Follow

In Round Lake New York a man slays a girl and her uncle then kills himself. In New York the Woman's Journal says it will cease publication with the June issue due to financial troubles. In Carterville a farmer and wife are found slain in the ruins of a burned home to hide a robbery. In Carnoustie Tommy Armour wins the British Open with 296 for 72 holes. A New York man posing as the son of Senator Fess is fined ten dollars for disorderly conduct. DO X arrives in Natal Brazil completing its transatlantic voyage from Switzerland. In Poughkeepsie Mrs Stillman is granted a final divorce from her banker husband.

Round Lake N. Y Self New York Woman's Journal Carterville Carnoustie Scotland Tommy Armour United States Fess Natal Brazil DO X Switzerland Poughkeepsie Mre Stillman

Hasten Withdrawal of Marine Forces

Secretary Stimson indicated a hastening of the U S plan to pull back Marines from Haiti and Nicaragua. The 1931 phase ends with Nicaragua Marines to depart after the 1932 elections, while 178 Marines embarked at Corinto marking first part’s termination. Haiti contingent withdrawals may precede earlier than expected if the Haitian national guard stabilizes. about 800 Marines remain in Nicaragua before full withdrawal after 1932 polls.

Washington Haiti Nicaragua Stimson Corinto

Baptists Reject Federal Council Birth Control Endorsement

Kansas City June The Northern Baptist convention declared the Federal Council of Churches did not speak for Baptists in a committee endorsement of birth control. The convention adopted a resolution, amended by Judge F W Freeman, disclaiming that Baptists energes the birth control transaction, and admonished the council for non authoritative pronouncements. The Federal Council's marriage and home committee endorsed careful contraceptive measures to regulate family size.

Kansas City Northern Baptist Convention Federal Council of Churches of Christ In America F. W. Freeman Denver Federal Council Committee On Marriage and the Home

Labor Law Parley Set for June 18 and 19 in Harrisburg

West Virginia and Ohio will join eight other states at an interstate conference in Harrisburg June 18 and 19 to compare compensation and labor laws. Attendees include Howard Gore Dr W T Henshaw Lee Ott Howard B Jarrett and John R B Gilbert along with state governors and the U S commissioner of labor statistics. The meeting aims to align eastern state laws on compensation and labor standards.

Harrisburg West Virginia Ohio Lawor Lawn Conley Howard M. Gore W. T. Henshaw Lee Ott

Garrison hearing set for Monday in Bradshaw murder case

In San Diego on June 5 Moes F. Garri son, 37, faces murder charges in the death of his former fiancee Hazel Bradshaw. The preliminary hearing was adjourned to Monday to allow the defense to summon witnesses. Prosecution contends Bradshaw, 22, was killed by an unidentified man after Garri son took her home May 2. Her body was found May 3 in Balboa Park. Family says she did not return home that night. The report also notes Pacific Island breadfruit cultural mention.

San Diego Moes FE Garrison Hazel Bradshaw Balboa Park

Also Mentioned on This Page

List Standard Statistics Co Ind. Rar Enee R.R Chicago Grain Bluefield, W. VA N. Y. Stock Exchange Jack R. Younger NEW York Poultry Toledo Grain Cincinnati Produce Pittsburgh Livestock Baltimore Livestock Chicago Livestock Wall Street Briefs General Empire Corporation Japkess Menrietta Zander Nas Scooge Tom Jomn Tom Carr Sne Mar Ding - G BY Sidney Smith Baptists Act ON Council Pacific Islands Pocahontas Fuel Company Incorporated One Broadway Pocahontas Great Lakes Atlantic Coast Oridhwal Pocahontas Tidewater Sewall's Point Norfolk Newport News New Bedford Mass Salem Mystic Wharf Boston Portland Moxey, Bavon & Co., Ltd Lime Street Square London England Coal Trading Association Rotterdam Frederick Gundersen Pare
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