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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 12, 1925
Page
7
The market notes easing prices on active portions and partial rally near close, with July at 3.70 and December 2.93 while September sits at 2.84. Sugar unchanged around 6.66 to 6.70. Wheat No 2 red quoted at 1.85 to 1.87. clover and timothy bids listed in Toledo on June 11.
In Orleans the Public Services plans 30 year bonds to be issued by Dillon Read and Co at 95. Funds will fund improvements and extensions on a wood basis. A warning to garment producers' association urged a slow approach until Industry Investigators report to the governor, causing hesitation to place further wool and other goods orders for fall cutting.
Construction forces propel stocks higher as oil shares rally after the American Petroleum Institute reports a weekly crude production drop. Texas Company and General Ferroleann lead advances, while Havana Electric and American Water Works rise in utilities. Bond activity tightens amid strong treasury demand as investors weigh domestic oil trends and foreign obligations.
United States government bonds closed with Liberty issues trading around 101.3 for Liberty 34424 and 102.23 for Liberty first 410. Other Liberty series showed 104.14 for Liberty second 4146 and 102.80 for Liberty third 4448. Treasuries moved near 107.18 for Tresquey 4448 while remaining notes like Liberty fourth 444s at 102.30.
An abated demand for United States government obligations drove most issues higher in bond trading in New York on June 11. The report records daily averages, total sales of 12.147 million dollars, and notes strong activity across industrials and combined averages as investors seek safety and yield.
A fragment lists stocks and bonds with multiple company names and figures such as 108.00 90.1 75.00 126.00 and 1284, referencing firms like Bank of Wyoming Cera Development Co Milanis Fork Cou Tand Co Pocahontas Coal and West Virginia Mortgage and Discount Corp. indicating a chaotic broker's ledger excerpt with varied securities and values.
There are numerous mates of automobiles, various kinds of drivers, and many forms of automobile insurances. The policy there best for Jones isn't necessarily the best for Smith. to fit your automobile Insurance to your needs as part of our service. In doing this, we frequently save the client considerable premium money. Bee us about your requirements. Citizens' Underwriters Agency. Nay Evans, Manerver, Veers Buildings Cash 204.
Foreign exchange remained steady with bid and ask figures across major currencies. Quotations in cents show Great Britain 4.8554 demand and 4.86 cable, France 4.87 demand and 4.88 cable, Italy 2.96 demand and 3.0774. Other tracked rates include Holland 40.14 and Shanghai 77, among many others listed for international currencies and regions.
Call money easier with high 3 percent and low 3 percent shown. Closing bid 3 percent, offers at 4, last loan 34. Call loans against acceptances 3 14, time loans with mixed collateral 0 0 90 days 3 percent, 4 6 months 3 percent. Prime commercial paper 3 percent.
Cattle receipts near 9 000 with better grades gains for fed steers up to 16c higher. top mature steers at 11.00, heavy loads around 1 442 to 1 527 pounds. Bulls and yearlings mixed. Texas weights up to 9.40 per cwt. Hogs receipts about 30 000, prices mostly steady to 60c higher for 260 to 326 pound hogs. butcher weights 200-326 pounds at 12.00 to 12.30, top to 13.56. Packing sows around 10.80. Continuous market activity noted.
Bulk strong weight killing lambs and sheep receipts show steady trends while cull lambs weaken. Idaho lambs fetch 16.00, natives 15.50 to 16.75, meat calls 10.00, yearling wethers 15.76 at 86 pounds, heavies down to 21.50, fat sheep around 8.00 to 6.50 and lower. Several loads noted with mixed discounts and holdover estimated near 11,000.
New York June 11 dairy market reports mixed butter quotes with Creamery extras around 44c to 42c, 92-score items near 44c, and packing stock at 30c to 42c. Fresh gathered extras steady to firm, Pacific Coast lines up to 48c for whites, cheese steady with higher totals, and overall activity described as quiet with some firmness in the centralized market.
New York buyers show moderate demand for wide print cloths and 38 inch by 64 inch widths. Domestic goods stay quiet with limited sample orders for 1928 season in silk and rayon blends. Wool goods trade eyes early spring opening to stabilize prices amid price volatility.
Reaton June 11 report shows wool markets mostly steady with fleece wools firmer. Delaines rise to 30 in grease, shrinkage 60 percent yielding about 1.22 per pound cleaned. Combings and Indian wools at Liverpool show strength. prices quoted with minor variations for blood and combing grades.
In New York on June 114 the raw sugar market showed little business activity with prices holding steady. Quotes noted vat 4.40 and duty paid, while raw sugar futures remained unchanged amid a slow trading day.
Chicago grain prices drifted lower on rain in Canada and dampened domestic demand. July wheat closed near 1.624, September at 1.604, with corn and oats posting minor gains as traders weighed government crop reports and weather signals.
Fragmentary market notes show live poultry and fowl prices by express and freight with mixed cents per pound. A separate Chicago item reports a fatal perfume drink case where Agnes RR Matthews collapsed after ingesting perfume, mistaken for gin, with fatal outcome.
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