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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 13, 1925
Page
5
The report covers hogs at 11.40 to 11.60 and 7,000 shippers with holdovers around 10,000. Sheep receipts 10,000, native cattle steady with bulk at 15.50 to 15.75, yearlings scarce at 13.25 to 13.50. Wheat futures unsettled with July at 1.60 to 1.65 and September near 1.57. Corn, oats, and provisions show mixed moves with small declines and uneven gains. Weather rains in spring crop belt cited as a depressant factor.
New York June 12 Oil shares rose vigorously lifting the general list to higher levels. Trading expanded on easy money rates and hopeful trade signals with about 1.5 million shares changing hands, the best in two weeks. Independent Oil and Gas led gains, others like Texas Company and California Petroleum hit new peaks, while motor stocks also advanced including Maxwell Motors B and Hudson Motors.
New York June 12 bonds rally in Howe and St Paul issues waned as prices turned downward after an early strength. Oil price gains, crude output cuts, and strong railroad firms boosted demand for select issues like Associated, Pan-American, Skelly, and St. Paul convertible bonds. St Paul junior bonds rose on plans for a new railroad reorganization offering better terms than prior proposals.
Aggregated listings show bids and prices for coal and related property, with firms such as Bank of Wyoming Mullens and Pocahontas Coal Land Co, detailing values like 163.00 90.00 80.00 and 22.50 for various items and holdings in West Virginia including Milama Fork and Tug River region entities. The garbled entry references multiple companies and monetary figures tied to coal and mercantile assets.
United States government bonds closed with Liberty issues ranging from 101.43 to 102.28 and Treasury notes around 103.11 to 107.14 as traders kept to narrow ranges. Strong names Liberty 4s and Treasury 4s led the session amid quiet trading.
Foreign exchanges steady with quotes in cents for Great Britain at 4.867/16 and 4.86% on 60 day bills. Italy demand 3.96 with 3.90% cables. Belgium 4.744¢, Germany 29.81, Holland 40.13, Norway 16.89, Sweden quoted. New York stock list shows wide range of major industrials and utilities including American Sugar, United States Steel, General Electric, Coca Cola, Pennsylvania, Reading, Standard Oil, and more with numerous preferred issues and brokers’ tabs.
A brief ad from Citizens' Underwriters Agency promotes tailoring automobile insurance to individual needs. Tray Evans, manager, and Peary Thidding invite inquiries by calling 291, promising potential premium savings by choosing policies that fit driver and vehicle requirements.
A fragment lists country names with odd percentages and numbers such as Denmark 18.84, Switzerland 19.41, Spain 14.58, Greece 1.69, Poland 19 percent, Austria 144 percent, Argentina 40.00, Brazil 10.86, Tokyo 40 percent, Shanghai 77 percent, and Montreal 09 63/64. The data lacks context, dates, or source.
New York June 12 Call money steady with high and low around 3 percent while ruling rate sits at 8 percent. A small loss noted with last loan 3 percent and offerings at 4 percent. Call loans against acceptances 544. Time loans show mixed collateral 60-90 days and 4-6 months. Prime commercial paper at 3 percent.
Cattle receipts 10 000 slow market buyers indifferent to wrassy kinds all classes scarcely enough steers to test value calves and heifers mix of steers heifers with prices around 11.00 for heavies 10.60 10.60 for handy weights and plains natives cows and grass cattle unsold. Hog receipts 19 000 opened fairly active up 26 cents higher. butchers 235-340 pounds 12.16 12.35 top 12.66. 160-210 pounds 11.85 12.30. 140-110 pounds 11.60 11.90. sows 11.10 11.50.
New York reports butter steady with receipts 14 620. creamery extras around 92 score at 42 to 43 cents, creamery firsts 88 to 61 score at about 14 cents. Chicago notes quiet trading, butter prices steady, 88 and 82 scores moving slowly in late day. centralized market firm with active demand and limited supply.
Wheat futures in Chicago fell sharply by as much as 54 cents per bushel, with rapid shifting transactions before a partial recovery as markets priced in new supply signals and demand concerns.
The raw sugar market in New York remained unchanged with about 100000 bags sold. Philippine and Porto Rican prompt and June shipments at 4.40 were cited as futures eased due to heavy liquidation. Final prices fell two to five points. July 2.67, September 2.81, December 2.88, March 2.90. Refined sugar held at 5.50 to 6.70 per hundredweight with firmer demand but inside quotes only.
Selling agents for southern mills indicated today they expect their mills to curtail production about 26 percent during the summer months. A few staple cloths with wide print have been closely watched as inventory adjusts.
Raw wool markets held steady with some domestic purchases while coarse foods and fabrics move in moderate lots. Tropical suitings for spring 1924 will open in early July as garment industry labor tensions delay broader fall cuttings and silk remains in steady demand.
Trading on the wool market was active with greased wool scoured stock woolnplies and worsted threads moving. Kelville Texas reports claim the whole offering of over a million pounds of twelve and eight month wools was purchased at around 41n per pound.
Eight months or up to 48c for twelve months. figures may change in later reports. Prices quoted the same as yesterday. Low-quality wording notes exact cents and adjustments, with Cambings term indicating exchange or rate reference. Continuous price stability requested amid potential revisions and a brief reference to value adjustments.
Cash grain quotes from Toledo on June 12 show wheat No 2 red at 1.35 1.87 dollars, clover seed at 17.46 cash with futures at 316.86 October and 316.86 December, additional alfalfa and timothy bids listed with September and December figures, indicating current agricultural prices and upcoming contracts.
New York live poultry firm with freight and express rates for hens roosters and fowls. Prices show 37 46 cents by freight, 10 45 cents by express, 200 cases of fowls 2663 2 cents, roosters 17 cents. Creased poultry steady with chicken froeze at 26 42 cents. The page ends with a quip about the world being a stage and eating.
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