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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 08, 1935
Page
14
In a 1935 Culbertson analysis, South misreads a powerful hand after North opens. A forcing two bid could have steered to three notrump or a better contract, but South’s miscommunication and heart distribution doom four notrump. East–West vulnerable, the tale centers on misapplied slam chances and the peril of minimum bidders.
New York trading stayed subdued with several dividend payers advancing while many issues posted losses. Bank reserves reached a record high near 2.425 billion dollars as investors weighed Washington codes against NRA revival prospects and broader political uncertainty.
The report notes Appalachian Electric Power activity with figures $6.00 and 7.06, indicating a sequence of preferred stock being bought and sold. The brief focuses on share movements and price mentions without further context.
Turnover reached 589780 shares while most indices drifted lower. Wheat fell to 114 cents a bushel and cotton declined 40 to 70 cents a bale as a private committee urged lowering the loan rate on the new crop from 12 to 10 cents. The president's transportation message reached Congress too late to move markets, though Dun and Bradstreet noted good weather and price cuts boosted retail sales to high levels in several centers.
The curb exchange showed minor price moves with early declines turning to small gains in the final minutes. Transfers reached about 157,600 pesos versus 179,000 on Thursday as mining shares drifted lower while American Cyanamid BB pioneer gold Pittsburgh Plate Glass Swift Electric Bond Creole Petroleum posted fractional advances.
Charleston West Virginia report states Mrs Russell C Newman of Logan is named field agent for the public welfare department division of dependent children. She succeeds Mrs Mae S Straton of Williamson who was recently named chief of the crippled children division by Director Francis W Turmer.
Chicago livestock markets show 9,000 hogs including 6,000 direct with varied barrows and sows and 2,000 cattle with 500 calves. Slaughter cattle and vealers range from 5.00 to 18.50 for different weight bands. sheep at 7.60 to 10.00 for yearlings and spring lambs as buyers remain fairly active though trade dull.
Lancaster Pa June 7 cattle 1 062 slow all grades of fat steers few early sales 25 lower than Monday all cows 25 lower than Monday heifers and bulls steady stockers and feeders slow barely steady with week's decline calves 23 steady hogs none slow and steady lambs fully steady prospects will sell higher sheep slow barely steady
Raw sugar in New York was unchanged at 3.35 with a steady futures market. Refined sugar stayed at 5.26 for fine granulated.
United States government issues halted an uptick in the corporate bond market. Ralls and industrials held a steady tone with modest gains, utilities traded lower, and railroad bonds showed mixed signals. Transfers reached 8.514 million dollars, with 11.031 million on Thursday as AP averages moved within fractions.
Baltimore livestock prices show steady cattle with varied classes. Slaughter steers to 11.00, heifers to 10.00, cows to 7.25, calves largely 9.00 to 50, hogs up 10 cents, rail lambs 10.25 and truck lambs 9.50 down, spring lambs 6.75 to 10.25, sheep 600 head at 26 cents lower.
Final bond quotes list Liberty 3 32 47 at 100.2, Fourth 4 33 38 at 102, Treasury 448 47 62 at 116.20, Treasury 46 44 54 at 111.20, Treasury 3s 46 56 at 110.3, Treasury 3s June 40 43 at 103.18, Fed Farm Mtg 3 64 at 193.18, Home Owners Loan 3s 52 at 101.27, Home Owners L 2 39 49 at 100.11.
New York poultry markets report June 7 show nominal live poultry prices with all freight grades unchanged. Dressed poultry and eggs prices are listed with varied color packs and standards, including white eggs at 26 14 and other color categories, while mixed lots and special selections reflect small changes.
The notice lists DF Successors taking over Livingston & Co with contact phone 1800. It references New York Stock Exchange quotations and implies a management or ownership transition affecting the brokerage firm’s listings.
Chicago on June 7 recorded widespread price softness as Texas harvest expansion drew buyers away from wheat. July wheat closed around 82.5 cents, corn and oats moved mixed, and provisions mostly slipped with small gains in some lines.
Cotton cloths were quiet with prices unchanged. Dry goods orders delayed though men's wear moved on past orders and mills were well employed. Some improvement noted in silk goods for quick cutting. Burlaps steady to firm with quiet trading. Rayon fancies sold more freely. yarns were quiet and firm.
Winters Texas report recalls 1917 loss of Mrs R Gotts wedding ring in front of the Lutheran church. A new church now stands on the site and the ring has recently been found near the former scene.
The junior stewardess board will serve dinner in the Bethel AME church dining room today starting at 11:30. Proceeds support church activities and community programs run by the group.
The notice lists the Home of Saints at 990 Barger and Peck streets Bluefield West Virginia with Sabbath school Saturday at 2 30 p m and preaching at 8 30 p m Sunday and Monday nights led by senior bishop C E Brown.
Eugene Austin and James Harris departed last night to spend their summer vacation with James Harris’s uncle in Keysville Virginia.
Calhoun, president of the West Virginia Automobile Dealers association, announced the annual convention date changed due to NRA code upset by the supreme court. The meeting will be held in Charleston on June 14 and 15.
The census bureau seeks 2 million of work relief funds to create an alphabetical card index of all persons in the 1900 census to verify age pension claims. Other grant requests total 28 million and include barberry eradication, a census annex, and geographic survey map publications.
Ray Smith 28 of Drill Virginia is held by Commissioner Thomas H. Scott for the June term of the U S district court on violating the national motor theft act. In default of $2000 bail he is jailed in Princeton. Herman Reedy of Drill was later released after Smith admitted responsibility.
W. B. Dunning Bluefield businessman will present a 15 minute program on WHIS at 12 30 Sunday. He previously argued the calendar lag from 526 AD and now plans a talk on Bible history and unlisted events that later became recorded as history.
Weston West Virginia announces cornerstone laying for an Eastern Star home for the aged and children at Ripley Landing. The ceremony is set for June 12 on a 350 acre farm bequeathed by Mrs. Sallie D. Kneeream. Grand secretary Miss Etta M. Barnes disclosed plans and the home will be dedicated in late September.
Charleston West Virginia June 7 amendments to the hawkers and peddlers law go into effect today. Traveling peddlers with packs face 10 annual licenses while those using vehicles over half a ton face 15. Licenses for three ton trucks vary and penalties include fines from 25 to 109 and possible jail terms.
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