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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 12, 1957
Page
12
Chicago grain markets open with selling pressure on wheat after a forecast of a larger crop, yet losses stay modest. Corn remains firm on rain in the belt and scattered showers forecast, while soybeans hold steady. Prices for wheat corn and soybeans are listed with nearby month figures and meal and oilseed values.
Treasury data show cash on hand and active balances for the fiscal year. Figures for June include receipts and withdrawals totaling trillions with a note on debt not subject to statutory limit.
The stock market rose to new 1957 highs as confidence returned after Eisenhower III stomach upset news. The A P average climbed to 195.20, Dow Jones industrial up 5.72, with Shell Transport Square D Western Union Bethlehem Steel and Phillips Petroleum among notable gainers.
June 1 report from Chicago lists salable hogs about 7 500 with varied weights and prices from 16 to 21 per cwt, cattle including steers and heifers mostly in the 21 to 26 per cwt range, and calves, cows, bulls and lambs showing mixed bids. Read notes indicate several loads and mixed grades, with specific values for choicest and utility stock and several weight classes across hogs cattle and sheep.
A large portion of world cities surpass one million residents. The statement notes that at least 51 cities reach this population threshold, illustrating urban growth and concentration in major metropolises.
Baltimore sales show mixed cattle prices with slaughter steers and heifers 20.00 to 24.00, utility cattle 15.00 to 16.50, calves 2250 to 2500 for 190 to 240 lb vealers, hogs around 20.0 to 50.0 per hundredweight, sows 15.75 to 17.00, and small sheep offering with insufficient trade. Prices reflect broad ranges and limited buyers.
Baltimore grain notes show receipts of 97 062 bushels for a Berg with 31 002 bushels, stocks 2 046. Closing prices list No 2 red winter garlicky seen receipts 130 000 bushels and elements 40 000 bushels, stocks 5 005. Aye shipments none.
Richmond area prices for commodities include Wheat No 2 red winter at 1.01 to 2.00 per bushel with regional variations. Corn No 2 yellow shelled range 1.25 to 1.55 across localities. Barley No 2 46 lb test in the Richmond area 75 cents. Oats No 2 32 lb test around 3 to 60 cents. Rye No 2 around 1.25 to 1.75. beans No 2 yellow about 2.12 to 2.20 in Norfolk and Baltimore markets.
Livestock sale notes hogs barrows and gilts 160-305 pounds 1950-1 19.65, heavy and light butchers 540-200 18.0 17.5, sows 510 16.00, heifers 10.00, standard 15.0 17.50, calves 1100-1425 14.25. Commercial cows 13.00-15.00, utility 11.5-11.75, stock feeders good yearling steers 16.75-19.00, vealers 160-220 22.0, heavy and prime vealers 19.50-22.0, standard 17.00-18.00.
The Treasury Department announces seizure of a 1951 Buick Coupe in West Virginia for tax violation with a claim period ending June 28, 1957. A second notice states a 1954 Mercury Custom will be sold at auction on June 17, 1967 at Ted Johnson's Used Car Lot Bluefield West Virginia.
Notices cover two property auctions in Mercer County West Virginia. A lot on 1241 Norfolk Street sold at a June 2 1957 auction with first lien details noted. A separate trustees sale lists a Redacted property in Mercer County described by block and streets with a June 28 1957 sale date. A motor carrier temporary authority notice follows for coal transport between Springton and Matoaka.
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