This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 23 articles. Subscribers can read the full text of each article.
Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 07, 1930
Page
13
Stocks drift lower as bears press declines across the market. Early year laws impact trading while averages slide, with Standard Statistics noting persistent weakness in the ticker and investors cautious on key issues.
Selling pressure kept the market down as bears held control of price movement. The composite index of 19 leading stocks slipped 2.1 to 186.8, with many issues hitting new yearly lows amid subdued volume of 2,514,860 shares. Major names like United States Steel General Electric American Can and General Motors fell 1 to 4 points while other active issues slid 5 to 8 points.
New York on June 6 saw two Liberty 4%4s reach new year highs as trading began brisk and closed with a steady tone. United States government issues stayed firm amid good demand while the domestic market showed dullness. Foreign issues traded in a wide list and mostly closed higher.
In New York on June 6, call money held at 3 percent all day. Time leans steady across terms from 30 to 90 days and beyond up to 6 months with rates around 3 percent.
New York June 6 foreign exchanges show irregular rates with Britain at 4.8511 16 for demand and 4.85 for cables in dollars and cents. Other listed markets include France 3.92 3.9214 cable, Italy 5.2354 5.23, Belgium 13.55, Germany 23.841, Holland 40.19, Norway 26.74, Sweden 26.82, Denmark 26.74, Switzerland 19.3544, Spain 12.0914, Greece 1.29, Poland 11.25, Czechoslovakia 2.96, Jugoslavia 1.76, Austria 14.10, Romania .59, Argentina 38.00, Brazil 11.72, Tokyo 49.37, Shanghai 37 mi, Montreal 100.00. (Great Britain in dollars others in cents).
Butter prices in Chicago on June 6 fell 4 cents per pound across grades above 88 score amid heavy selling pressure and tepid buying interest. Scores and quotes ranged from 144 to 27 cents per pound with centralized 89 to 90 scores and varying fractions.
Sugar market reports a 1 32 cent advance in raw sugar with futures closing 1 to 3 points lower for No 1 and No 2 contracts. Approximate sales reach 27 050 tons while refined prices hold at 4.50 cents, with refiners planning a 10 point rise to 4.60 cents next Tuesday.
Flour market stable with no change reported in New York trading on June 6. No notable price movement or supply disruption affecting bakers and mills.
Produce demand moderate with receipts for apples 15 cars steady. New York Ben Davis bushels 5.00. Baldwins 2.00 to 2.25. russets 2.00 to 2.15. Cabbage receipts 34 cars about steady. Mississippi 1.75 to 2.25. Tennessee 1.25 to 1.50. Onions receipts 36 cars stronger. Texas yellows 1.50 to 1.75. whites 1.75 to 2.09. yellows 1.50 to 1.60. whites 1.50 to 2.00. Potatoes 83 cars about steady. Maine Green Mountains 3.15 to 8.35. 100-pound sacks Louisiana Bliss…
Market items include butter at $2 per score, eggs, cheese and poultry listed with varied scores, and cobblers priced around $1.00 per barrel in North and South Carolina. The fragment suggests regional price quotes and product categories without full context.
Pittsburgh Livestock market notes receipts and price ranges for hogs cattle calves and sheep. Hogs steady to higher with mediums and heavies quoted. sows and light hogs listed. Cattle receipts 2500 with varied weights and prices across steers heifers bulls and cutters. Calves and sheep also reported with price spreads and slow demand indicated.
Moderate trading reported in gray cotton goods as plans move to cut production of fine combed goods for the year. Sales pressure rising in wash fabrics and low count prints. Silk quiet with few new silk deals. Moderate orders for dress fabrics and worsted. Burlaps show little change.
Chicago totals show hogs receipts 21 900 head with direct at 9 000 steady to weak. top 10 50 and 160 270 lb mostly 10 25 to 10 40. Cattle and calves receipts 3 500 with steers and cows uneven, hogs and sheep priced per weight. lambs 12 13 19 per head and ewes 3 25 to 5 00.
In Toledo on June 6 cash grain remained unchanged with Cloverseed selling at 11.80 dollars as the ask price for domestic new grain.
Moisture scarcity across the North American wheat belt and crop damage reports from Canada pushed prices higher. European rains and North African yield warnings, especially in Tunis, supported an upward tilt. Closing quotes showed wheat up about a cent, corn down, oats mixed, and provisions varied.
New York on June 6 lists live poultry and frozen items with irregular prices. Express shipments show broilers at 42 cents, fowls at 26 cents, roosters at 14 cents, and fixed declines or holds across grades. Keen Receipts reach 24 761 cases, with steady demand and unchanged mixed color grades.
Royal Dutch to cooperate with Standard Oil of New Jersey and I G Farben on hydrogenation patents. Goodrich joins Goodyear and General Rubber in a 6 percent tire price cut and dealer discount adjustment. May steel ingot output falls to 4,024,788 tons, 74.45 percent capacity. US business failures total 485, with a surge in the Far West. World coffee visible supply on June 1 at 6,448,928 bags, up 185,244 from May 1. Amoco? No, Amerada president denies absorption by Standard Oil Indiana. joint ownership noted.
Market snippets show Hancock Investments in Bluefield, First National Bank Building, with bids on various holdings. Listings include Indian Territory issues, Majestic Collieries, Pocahontas Fuel, Tug River Lumber, Appalachian Electric Power preferences, and Cities Service common, all closing June 6 at varied prices.
The National Broadcasting Company announcer Alwyn Bach has been judged best on the air and awarded a gold medal by the American Academy of Arts and Letters. An eight year veteran announcer he earlier studied law and worked as a printer chorister and soldier.
A brief note states that drilling operations occur in Oklahoma and Kansas within a defined partnership. The agreement does not extend beyond these two states or broaden the partnership scope.
Clyde Burgess, 33, a traveling salesman, was found dead in the bathroom of his Charleston home by his 7-year-old son. The Kanawha county coroner, Dr W P Black, said Burgess had killed himself by drinking poison.
The War department set aside 24 200 000 to control floods on the Mississippi. The appropriation covers levee building revetment and emergency projects over ten years, with 10 800 000 held in reserve for the 1931 flood control program to aid unemployment and protect farms and machinery.
The narrator recalls waking to a missing reflection in the mirror and discovering the glass frame had fallen out. The odd incident is described with a humorous tone as the speaker explains the delay and confusion before realizing the cause.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.