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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 32 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 08, 1932

Page

9

Markets Turn After Opening Slip To Close Lower

Stocks drifted down on June 7 as news of the revenue bill failed to buoy activity. Utilities and tobacco shares led declines while major industrials and transport issues posted smaller losses. Volume was light at 823,060 shares as bonds and the dollar stabilized amid European currency weakness.

New York Wall Street Irenc National Distillers Crown Cap Owens Glass American Tobacco Liggett and Myers Drug American Telephone Macy General Foods Delaware and Hudson Norfolk and Western National Brooklyn-Manhattan Transit Auburn

Bonds Bond Market Averages Rise on Railway Obligations

The bond market average edged higher led by railway obligations amid quieter trading with total sales at 8.8 million. Corporate loans up 0.3, utilities steady, industrials marginally down. Carrier bonds drew keen interest as gains varied within issues including Baltimore and Ohio and others.

New York Baltimore Ohio

Investment notes on Cities Service and Appalachian Power

C B Hancock Investments reports market prices for Cities Service six percent preferred and common shares, Appalachian Electric Power Company eight and seven percent preferred at market, with Cities Service common closing at 3.00 on June 7.

C. B. Hancock Investments Cities Service Appalachian Electric Power Company Cities Service

N YeStock Exchange Quotations Bryan Kemp and Company

The brief listing shows N YeStock Exchange Quotations for Bryan Kemp and Company with contact and staff details. Members include Bluefield West Virginia and connections to New York exchanges such as NYSE NY Cotton Exchange NY Curb Exchange and Chicago Board of Trade with James E Mann as Manager and Jack R Younger as Assistant Manager.

N. Yestock Exchange Bryan, Kemp and Company New York Stock Exchange New York Cotton Exchange New York Curb Exchange Chicago Board of Trade Richmond Stock Exchange

Curb Market Slows After Last Week Rally

New York curb market trends lower with moderate declines across active issues. Trading volume eases as 100000 shares change hands, 30000 below yesterday. Commonwealth Edison rises on news of James Simpson as chairman, while utility shares weaken. Standard of Indiana and Gulf and Kentucky fall.

New York Eale Commonwealth Edison James Simps6on Standard of Indiana Gulf and Kentucky

Foreign exchange rates and demands listed in New York

New York June 7 foreign exchange rates show easy markets with Great Britain at 3.66% in dollars and 3.667% on cables. Demand figures include France 3.944, Italy 5.13, Belgium 15.9744, Germany 23.70, Norway 18.39, Sweden 18.91, Denmark 20.14, Switzerland 19.58, Spain 8.24, Portugal 3.35, Greece .65, Jugoslavia 1.78, Austria 13.99, Romania .59%, Argentina 25.79, Brazil 7.5549, Tokyo 32.44, Shanghai 30.75, Montreal 86.1244, Mexico City 27.25. Note says demand rates are nominal.

New York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Jugoslavia Austria Romania Argentine Brazil Tokyo Shanghai Montreal Mexico City Elver

Government Bonds Market Report from New York

United States government bonds closed with Liberty 84s and other issues showing varied quotes. Bond listings include First 4148, Fourth 4448, Treasury 4s8, Treasury 48, Treasury 3e, and Treasury 336 with prices ranging around 95 to 103, reflecting demand and yields.

New York United States Liberty Flrat Fourth Treasury

Money rates steady across short and long term loans

New York June 7 call money steady at 2 percent with all day loans stable. Shorter 60 to 90 days similar at 4 to 6 months 1 percent. Prime commercial paper at 2 percent. Bankers acceptances unchanged.

New York

Treasury Receipts and Duties for June 4

Treasury receipts for June 4 totaled 2,627,333,203 dollars with expenditures of 14,325,587.01 dollars and a balance of 322,254,936.62 dollars. Customs duties collected for the fair day amounted to 2,475,380.58 dollars.

Washington Treasury

Sugar Market Steady as Refiners Show Interest

New York June 7 raw sugar firm with unchanged spot at 2.02 cents per pound while refiners maintain buying interest and seek more supply.

New York

Sugar futures steady with mixed gains and steady refined market

Market update shows fractional gains for holders while futures hover on all major months led by July to May rises. Approximate sales reach 22,900 tons with July at .64 and May at .90. Refined sugar holds at 3.75 for fine granulated amid steady inquiry.

Coffee Futures Dip as Brazil Sales Ease in New York Trade

Coffee markets eased as Brazilian selling restrained New York trading. Total world deliveries for the first eleven months of the current coffee year fell about 5 percent to 421,523,588 bags. No. 7 contracts opened unchanged to 1 lower and closed 2 to 3 lower with 1,000 sales. Santos contracts opened 1 to 4 lower and closed 6 to 9 lower with 8,000 sales. Closing quotes show Nos 7 futures at 6.43 6.33 6.28 6.29 6.29 for Jul Sep Dec Mar May. Santos quotes at 9.33 9.10 8.98 8.91 8.91.

New York New York Coffee and Sugar Exchange Santos

Butter Market Steady With Mixed Quotes

Chicago notes butter prices held steady amid varied quotations. Market chatter shows minor shifts and lingering uncertainty in dairy futures.

Cotton goods rise in gray and dull demand for printed cloth

The June 7 report from New York notes cotton goods in gray showing higher activity and lower prices on print cloth. Finished goods in light demand. New low prices on men’s wear worsteds attract buyers.

New York

Cincinnati Produce Eggs Prices Stand Pat

In Cincinnati Ohio on June 7 eggs held firm with extra ftrata at 1244 per case while other grades remained unchanged according to market notes.

Cincinnati

Produce prices and demand report from Pittsburgh market

Pittsburgh June 7 report from U S and Pa Depts of Agriculture notes demand below par for several items. Apples include New York Russets and Baldwins with prices per barrel and per bushel basket while onions and potatoes show steady or dull movement with regional varieties and weights. Butter prices for nearby and standard grades listed with scores.

Pittsburgh U. S New York New York Baldwins Texas

Toledo Grain Prices Reported for June

Toledo grain on track 2844c rate basis with nominal values for Wheat No. 2 red 45 to 46 cents per bushel and No. 1 red 46 to 47. Corn No. 2 yellow 27 to 27, No. 3 yellow 26 to 27. Data No. 2 white 20 to 21, No. 3 white 19 to 20 percent. Seeds unchanged.

Toledo Toledo Grain

Wheat Declines Versus Record Canadian Supplies

Chicago grain notes a bumper spring wheat crop in Canada and the U S, with prices easing on low demand abroad and bear markets from securities. Wheat closed about 1% lower, corn up, oats down, provisions mixed amid weak overseas appetite and large exports.

Chicago Canada United States

Baltimore Livestock Market Report Highlights Prices

Baltimore stockyards report June 7 shows cattle totals around 100 with steady values. Cattle categories list steers at 5.60 to 6.09 per unit, bulls 3.50 to 4.00, calves 5.09 to 6.00, and hogs steady around 3.56 to 4.15 with Ohio hogs commanding higher bids. Sheep and lambs totals near 700 with lambs 4.25 to 7.00 and sheep 1.00 to 3.50. calves 5.04 to 6.00 for good to choice.

Baltimore

Pittsburgh livestock market closes with mixed feeder demand

At Pittsburgh stockyards the hogs sold mostly 3.40 to 3.75 per cwt for light to heavy weights, cattle showed little change with steers 5.85 to 6.60, heifers 5.00 to 5.65, cows 2.85 to 4.00, calves slow but steady around 4.50 to 5.50, and sheep and lambs strong with ewes 6.35 to 7.75 and yearlings around 3.00 for medium choices.

Pittsburgh U. S. Dept

Chicago Livestock Prices Mixed as Markets Hold Steady

Chicago livestock markets show steady to higher tendencies across cattle calves and sheep. Hogs total around 15 000 head with top bids near 3.60 for porkers while cattle 7 000 head and calves 2 500 pace steady, with best heavies around 7.50 and top light steers near 7.65. Sheep run 8 000 with natives and yearlings firm. California fruits noted in thin market activity as buyers scan the yard.

Chicago U. S Iowa California

Cattle Vealers and Calves Steady as Livestock Trade Opens

Jersey City livestock report shows 110 cattle and 9,540 sheep and lambs traded with vealers and calves steady. vealers good to choice 6.00 to 7.00, medium 4.50 to 5.50, culls 2.50 to 1.00. Lambs range 7.50 to 8.00 for good to choice, 6.25 to 7.00 for medium, 5.0 for common. Hogs 4,800, all direct.

Jersey City

Copper imports raise tone in market and prices firm

Copper has firmed slightly on the impact of an import duty with prices about 5% above recent lows for deliveries to September and end of 1932. Raw sugar usage in the first four months of 1952 fell 2.33 percent from 1931, while April distribution declined 4.63 percent. Steel ingot production dropped as demand waned for most finished steel products per the American Metal Market.

Associated Press United States B. W. Dyer and Company

Veterans descend on Washington over postwar bonus

A spokesman for 526 unemployed veterans states ARK will stay until the bonus is paid whether next year or 1945. The group, shown at a mess in a vacant building, traveled to Washington from across the country.

ARK Mess Washington

Yukon Scouts Spons or Host Dance at School Auditorium

Yukon June 4 The dance held at the Yukon school auditorium Thursday night sponsored by the Boy Scout officials of Bartley was a success and well attended.

Yukon Boy Scout Bartley

Willing Workers Circle Meets at Mrs McDermont Home

The Willing Workers circle held its regular meeting Wednesday afternoon at the home of Mrs McDermont. Several members were present.

Willing Workers Circle

Local social notes and a garage fire report

Crystal host Miss Jennie Grainger spends time with Miss Adelaide Mc Dermont. Dr. W A Carr visits town and Dr. D D Hatfield travels to Morgantown with his daughter Ethel. Ethel attends West Virginia University. Miss Mary Justine Blal l returns from Virginia Intermont College Bristol to summer with parents M H Hall. Mrs Gusta Blankenship and sons Charles and George visit Newhall. Yukon garage operated by 8 M Harman burns to the ground with total loss. Harman family now at War home. Bruce Marshall of Welch visits town.

Jennie Grainger Crystal Adelaide McDermont W. A. Carr War D. D. Hatfield Morgantown Ethel West Virginia University Mary Justine Blall Virginia Inter- Mont College Bristol M. H. Hall Gusta Blankenship Charles George Will Newhall Yukon M. Harman

West Virginia Bridge Bill Seeks Federal Act Amendment

Washington June 7 A bill to amend the 1951 federal act on West Virginia bridges was introduced by Rep Bachmann to align with a state measure. It allows the West Virginia bridge commission to group financing for projects but keeps Wheeling bridges separate from interstate groups. An exception would allow Wheeling to Ohio River island bridges to be treated as intrastate while linking some to Ohio.

Washington West Virginia Bachmann Wheeling Beckmann West Virginia Bridge Commission Ohio River Ohio

Tallahatchie Dam Missioned by Engineers in Mississippi

Hazenville Mississippi reports engineers have tamed the Tallahatchie river after record rains. The river caused mass evacuation of about 50,000 people and flooded hundreds of thousands of acres. Over 50,000 dollars is spent to repair the upper basin and prevent future floods. Repairs cover three levee breaks near Batesville from the river’s three month spree.

Hazenville Mias Tallahatchie River Miaeissippi Tallahatchie Batesville Epree

Pumps Lead In Shoe Styles With Bright Colors And New Heels

Pumps have taken the lead in spring shoe fashion with new heel styles combining a spike and a Cuban shape. Leather rolls replace buckles and seams are tied with leather thongs. Colors favor blue, navy, sapphire, and royal, with brown and dark green next. metallics and grosgrain silk complete outfits. A vented sandal with leather embroidery heats sole to vent air.

Paria Ehoe Kid

New York Produce Markets Report June 7 Prices

New York produce prices for butter, cheese, eggs and assorted goods. Butter up to 29 029 firmer creamery values higher than extra at 18 to 92 score. cheese steady at 426 466. eggs 45 725 firmer. Mixed colors standards and rehandled receipts noted with varying percentages and credits.

New York Atore

Metal globe to feature prehistoric monsters at Chicago fair

A towering metal globe, rivaling an eight-story building, will symbolize the earth and hold a display of prehistoric monsters at the Chicago world’s fair next year.

Also Mentioned on This Page

Standard Statistica Co Ind. R. Neve Ooe PSE Acis Nee Hoe Lot Tor West Bluefield, W. VA James E. Mann Jack R, Younger Loring Bieetrie Anne Jai O Pacific Liting Eevee Packard Kiecinte Seage Paramount Publix Alleghan Eee Penick Ford “Ee Allied Em Penney, J. C . Eenee Allis Cesinnere Eueenedee Omter Wheeler Copnarvenia R Neral Proctor and Gar Nadia Lator American Rolls General Motors Liman Merican Neral Ry Signa Radio Cornea Gillette Safety Uence Rani Keith Orpheum Reading Seeweee Eneare Reo Motors American Water Works Republic Reynolds Armour Royal Dutch Udeon Motors St. Joseph W. Ry Uotorsa Int Harvester Lh Bo. Calif Edison Ist Baldwin Loco Ss International Sho Southern Pacific Ee Enwe Barnsdall Aee Southern Railway Bendix Aviation Oe Johns Manville Standard Brands Eee Best and Co Kelvinator Standard Gas Bethlehem Stee Kennecott Copper Eeereer Standard al Cal Borden and Co. i Set Lambert Co Kroger Grace Brooklyn Marans Labo and Fink Fevewnee Stewart Warner Briggs Mfg Liggett and Alyera Wdy Ast Stone and Webeter Byers Lowe's Ne Studebaker Canada Dry Ste Lorillard Texas Corp Canadian Pacific Waves Tree Lauraville Asin Texas If Sui Cerro de Pasco Timken Roller Caring McKeesport Transamerica Corp Chesapeake Corp Chesa McKeason and Robbins Undeewood Biliott Oty Co Mack Truck Union Carbide Union Pacific Pac Mathieson AlWall United Aircraft S Chrysler Mexican Seaboard United Carbon Eye Coca -Co United Gas United Coron Commonwealth Kansas Montgomery Muliens Mfg Nash Motors Power and Congoleum Nairn Nat Biscuit Vanadium Steeee Ts Consor E Diatiliers Ee SM Seeeenee Continental Can Wesson Cicceevsese Continental Ne Central Western Union Weeee Curtisa- Wet American Aviation Westinghouse Elec Delaware and Hades Seen North American Co Woolworth Otis Elev Ae Drug I 'Eastman Kodak Our The First National Bank Cofeee Cincinnati Produce Louisiana Elias Triumphs Carolina Acore Chicago Grain Baltimore Livestock Pittsburgh Livestock Chicago Livestock Jersey City Livestock Yukon, W. V Carver Bad Boy Tallahatchie O. L Alexander Harry Bowen Guard James Ellwood Jones KR. Hawthorne Arthur J. MacBridge Nh. L. Wallace Pocahontas Fuel Company Incorporated ONE Broadway Pocahontas Alterill Great Lakes vFe Atlantic Coast Tidewater Jambert Point Norfolk Newport News New Bedford Mass Salem, Mass Mystle Wharf Boston Vortland, Maine Sandusky Mase Portlands Maine Vas Bluefield W. Va Ulf Detroit Porlign Savon & Co, Ltd Lime Street Square London I C England Coll Arading Ashociation Rotterdam Prederick Gunders A KB Pinto Basto & Co, Ltd Lisbon Sean A. Hes Y Cok & Clerics Lome Genoa Arthur Belldin Droitninggatan TT Stockhulm Akrtiebolaget Bergbrom Gotherburg Avery Walt Blossom BN Golly Squint Kristta Tom Awain BY Sidney Smith Vinay Nemrietta
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