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Bluefield Daily Telegraph in Bluefield, West Virginia

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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 11, 1930

Page

21

Short Covering Lifts Market in Spirited Rally

The New York market recovered on short covering lifting spirits and driving a broad rally. After early losses, stocks climbed 3 to 6 points, with leaders like U S Steel and J I Case posting notable gains as bankers noted improved loans and steady steel activity.

New York Bears Lst Shorts U. S. Steel Steel Corporation Federal Reserve Atchison Baltimore & Ohio St. Paul Erie Studebaker Nash, Packard Checker Cab Glidden Fish Rubber Goodrich Firestone Bethlehem Steel International Nickel Simmons Pullman Crucible Steel Otis Elevator American Can General Electric American Tobacco B International Harvester Johns Manville Standard Oil of New Jersey National Biscuit J. I. Case

Bond Market Averages and Sales Report

The bond market and sales totals are released as of June 10 in New York. Total sales reach 10.154 million dollars, with market activity framed by the latest stimulus from an announced development.

Government bonds reach new high marks amid broad market activity

Treasury financing was oversubscribed three times as United States bonds on the New York Stock Exchange rose to year highs. Demand supported prime railroad and utility issues while industrials softened. Convertible bonds rallied to end with solid gains and Liberty 34s and Liberty 444s posted new highs on strong demand. The foreign bond segment showed mixed activity.

Treasury United States New York Stock Exchange Liberty Liberty Fourth

Government Bonds Prices Reported in New York

New York financial listing shows United States government bonds with quotes for Treasury 4s 113.4 and 3s 101.12, along with other Treasury securities around 108.97 and 196.9, reflecting market activity. Trading data includes multiple lines on government issues and yields as of June 10.

New York Treasury

Money market rates steady across call loans and bills

New York traders noted call money steady at 3 percent all day and time loans holding at 3 percent for 30 60 days and other short terms. Prime commercial paper showed 4 percent while banker's acceptances remained unchanged.

New York

Wheat and corn price quotes from Toledo and Chicago

Toledo reports No 2 red wheat at 1.09 to 1.10 and No 3 yellow corn at 55 6 while oats No 2 white trades at 45 4 41 percent. Chicago notes butter prices rise quarter cent with varied scores and notable supply, including fresh 9 1/2 score at 32 38 2 percent.

Toledo Chicago

Dry Goods Market Report

New York June 1 cotton goods continued very quiet with prices barely steady. Raw silk was quiet here and firmer in Japan. More buying reported for future delivery. Silk goods sold steadily for quick cutting. Burlaps were easy after reports of large Calcutta shipments in May. Wool goods selling in small lots.

New York Japan Calcutta

Foreign exchange rates across nations and cities listed

The New York market reports steady foreign exchange with Britain at 4.85 dollars per pound and various currencies quoted in demand and cables. Rates shown include France at 3.92 percent and 5.92 in cables, Italy at 5.23, and others for Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Greece, Poland, Czechoslovakia, Jugoslavia, Austria, Romania, Argentina, Brazil, Tokyo, Shanghai, and Montreal with varied percent figures and parities.

New York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Jugo- Slavia Austria Rumania Argentine Brazil Tokyo Shanghai Montreal

Sugar Market Steady As Demand Remains Light

New York sugar market shows no price change with light demand and liberal offerings. Raw futures end 1 to 3 points lower as 13,100 tons change hands with July shifting to later positions. No sales in No 2 contract. closing quotes follow No 1 July 1.37 to May 1.72 and No 2 July 3.17 to December 2.46. Refined market steady at 4.50 for fine granulated.

New York

Poultry Prices and Grades In New York Market

New York poultry rates listed for fresh frozen live and freight shipments with multiple grades and terms. Various items include fowls roosters turkeys ducks and mixed colors with price figures and grade labels such as extra firsts medium firsts and other grades.

New York Hennery Brown

Pittsburgh Livestock Market Report

Pittsburgh June 10 hogs and cattle prices show fair activity with varied grades. Hogs range from 9.75 to 10.85 per cwt and pigs 10.00 to 10.50. sows 8.00 to 8.75. Cattle include steers 11.25 to 11.75, heifers 9.60 to 10.50, cows 6.00 to 8.00, bulls 6.50 to 8.50. calves 9.00 to 12.00 for different quality levels.

Pittsburgh

Livestock Market Report Summary

Choice and medium lambs and sheep traded unevenly. Sheep remained dull with 80 lb and older stock showing modest declines. Prices noted: good choice sheep 11.00 to 12.00, medium 9.00 to 11.00, cull common 2.00 to 4.50, yearling wethers 7.00 to 9.00, ewes around 3.00 to 4.50.

Wheat futures ease on tepid demand and spring rains

Chicago grain notes enlarged 1920 winter wheat production estimates and new arrivals in Kansas City driving values down. Bearish stock market and light export demand add pressure as rains boost expected Southwest wheat yield by 10 to 15 million bushels. Closing quotes show corn down fractionally, oats steady to slightly lower, and provisions down a bit.

Chicago Kansas City New York

Chicago Livestock Prices and Trade Slowdown Report

Chicago stockyards report June 10 show hogs at 6 090 head with most prices steady to down slightly from yesterday. Hogs top at 10 15 for 160 230 lb butchers. cattle calves and steer trades mostly steady but slow with weights 1300 1500 lb seeing prices between 11 59 and 13 75.

Chicago

Cattle and Stock Market Ledger with Varied Grades and Prices

Auction notes list cattle and sheep for sale including heifers cows and bulls with grades good and choice common medium and low cutter. Prices span broad ranges across stockers vealers fat ewes lambs and lamb prices noting some held higher and several lines show per head or per hundredweight values.

Market Report From Pittsburgh on Fruit Vegetables and Poultry

June 10 Pittsburgh market notes show produce demand slow with scattered steady prices. Apples, cabbage, onions, potatoes, butter, beef and cheese trade appears steady or unchanged. poultry rates across categories list varied ranges with dressing unchanged.

Pittsburgh New York Ben Davis Texas Maine South Carolina Louisiana Bliss

Cotton cloth output off 26.5 percent in May period

Production for the two weeks to May 31 reached 72.58 million yards, down 26.5 percent from the peak and 18.6 percent below the 29 month average. Shipments totaled 270.06 million yards, sales 184.47 million yards, stocks on hand 459.48 million yards, and unfilled orders 271.75 million yards.

New York Association of Cotton Textile Merchants of New York

Raw Packing Company President Held on Murder Bonds

Otis Kimmel, president of the Raw Packing Company in Topeka Kansas, is held on a 26000 bond for alleged involvement in a murder plot against Roy Kramer vice president. Virgil Pointer reportedly confessed and implicated Kimmel as the company faces life insurance proceeds of 36000 on Kramer. Industry average ratios are noted, with broader market comparisons. Skelly Oil announces a two year expansion including Dorado Texas lubricating plant and a possible Panhandle refinery near Pampa along with pipeline expansion plans.

Otis Kimmel Raw Packingompany Topeka Kas Virgil Pointer Roy Kramer Pointer Kimmel Kramer Skelly Oil Company Dorado Texas Panhandle Pampa

Dr Adolph von Harnack Dies At 79 In Heidelberg

Dr Adolph von Harnack German educator and leader of the modern German school of theology has died in Heidelberg at age 79 after a weeklong illness. He visited the United States in 1904 lecturing in the East and Midwest and founded the Kaiser Wilhelm Society for the Advancement of Science and the Evangelical Social Council. His chief work was The History of the Christian Dogma.

Heidelberg Germany Adolf von Harnack von Harnack Europe United States Fast Middle West Kaiser Wilhelm Society For the Advancement of Science Evangelical-Social Council

Wilcox Found Dead in Parkersburg Home

Paul K. Wilcox, 73, longtime salesman for a milling company in Parkersburg, was found dead today with a bullet wound to the mouth. Wood County coroner Ben Robinson ruled it a suicide.

Parkersburg W. Va Paul K. Wilcox Ben Robinson Wood County Wilcox

University High School contracts awarded in Charleston

State board of control tabulated bids for the University of Charleston project showing total low bids at 288 315 dollars, 16315 above funds. Low bidders include C A Moses Construction Chicago for general work, Poe Pipe Greenville Dc for heating, Charles Mumford Fairmont for plumbing and Edward M Coll Clarksburg for electrical work.

Charleston W. Va University State Board of Control Caid General Construction C. A. Moses Construction Company Chicago R. Mankin and Company Huntington Baker and Coombs Morgantown Poe Pipe and Heating Company Greenville D. C Charles E. Mumford Fairmont W. W. Dick Greensboro N. C Charles Mumford Alex Zeck and Son Clyde Brand Edward M. Coll Clarksburg Potomac Electric Company Clarkshare Home Electric Company

Special Grand Jury Sought In Miner Death Probe

Beckley West Virginia June 10 A petition seeks a special grand jury and a special prosecutor to investigate the January 12 death of miner Robert L. Miller 34 at Lillybrook. It targets deputy sheriff J L Williams claimed to have shot Miller in self defense. A parallel action seeks $10000 damages for Mrs Bernice Miller from Williams and the New York Indemnity Co.

Beckley W. Va Robert L. Miller Miner Lillybrook Here Raleigh County Criminal Court John F. Miller J. L. Williams Miller Williams Raleigh County M. J. Meadows Bernice Miller New York Indemnity Company

Hancock Investments Bid in Binefield WV Listed

Fragmentary OCR lists investments and figures tied to C B Hancock Investments in Binefield West Virginia. Mentions First National Bank Building and various energy and mining company names with closing prices and market values, including Cities Service and Pocahontas Fuel.

C. B. Hancock Investments Binefield West Virginia First National Bank

Also Mentioned on This Page

Standard Statistics Co Worthington Pump Vanadium Eastman Kodak Houston Oil &. Amusement American Telephone Consolidated Gas Columbia Gas Electric Power and Light Standard Gas and Electric Western Union Stone & Webster Peoples Gas Missouri, Pacific St. Louis Southwestern New York Central Rock Island and Chesapeake & Ohio Allied C Andes Shore Armour Senate Atlantic Refining Weneeee WED Seteenewee Barnedall Brigg & Seea Byers Corp Cal and Hee Canadian Pacific Enema Chrysler ANA Eeeaearnee Eastman el Pan Erie RR General Motors Eeewenee Hudson Motor Ae Ind Oand G Johns Manvilie Kennecott Ween Kolster Whee Krogera Packard Pitteburah Coal Radio Corp Rep Reynolds Tobacco Sears Roebuck Shell Union Sim CCC Skelly Southern Pacific Southern Railway Texas Corp Texas Sulphur Seae Westinghouse Electric Willys Overland Woolworth Nou BY Ahern Panama Uruguay Merry WiDow New Eee Ind. R.R. Util Tor Mann James Elwood James Mer L. Alexander In Navigation & L McBride. Am Ak Saicee Anatan Bales R Hawthorne Secreta Pocahontas Fuel Company Incorporated Pocahontas Tidewater Great Lakes Pocahontas” Voal Pocahontas Fuel Company Incorporated Arton Datter PRC Pocahontas Fuel Company, Incorporated Virginia Paccahontas Coal Broadway Norfolk Main St Boston Mass Board of Trade Cincinnati Ohio Traction Portland Pocahontas Wharf Ena Atlantic Coast Lambert's Point Sewell’s Point Norfolk News Dewin Pepart Sandusky London Noxey, Savon & Co., Ltd Lime Street Square E. C England Henry Coe Owe Scooge Wim Pittsburgh Livestock Carlos Kim Henrietta Chicago Grain Chicago Livestock Wall Street Briefs The Associated Press Saxet Company G. BE. Barrett & Co.-Moody-Seagraves Group O. R. Seagraves United Gas Corporation Wall Street Dow Jones & Co U. S. Steel Corporation Commerce Street Bluefield Bryan, Kemp and Company New York Curb Exchange New York Cotton Xchange Chicago Board of Trade Richmond, Stock Exchange Adolph von Harnack Ge Ark Cities Serv James Indian Territory Monte-Vista Park Cemetery Arc Sentncee Majestic Collieries Co Pocahontas Fuel Tug River Lumber Co Appalachian Electric Gower Indian Territory FeDaRa BY Sidney Smite
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