Market Falls Amid Low Volume With Utilities Leads
Stocks drifted irregularly in a quiet session with volume near 2 million shares. Utilities led advances as the AP price index for 20 utility issues rose to a fresh high while several names like Auburn Auto surged to record levels amid merger rumors and dividend chatter.
MENTIONED IN THIS ARTICLE
Associated Press
Auburn Auto
Claude A. Jagger
New York
Commission House
American Water Works
Standard Gas and Eklectric
Public Service of New Jersey
Commonwealth Power
Federal Light and Traction
American Power
Midland Steel Products
National Distillers
Hahn Department Stores
Allie Chalmers
American Can
New York Central
Otto Elevator
Sloss Sheffield
Wilys Overland
Universal Leaf Tobacco
Bond Market Averages and Sales Report
Bonds and rails moved little in today's sluggish market with scattered gains. Ten first grade rails and ten public utilities posted narrow changes while a few high grade rails nudged higher led by Chesapeake and Ohio General. Total bond sales amounted to 7.174 million par value in New York as of June 12.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Chesapeake and Ohio General
United States Treasury
Foreign Exchange Rates and Cables Reported
New York reports mixed exchanges with British, French, Italian rates and numerous international demands. Cables show varied figures for Belgium, Germany, Holland, Nordic nations, Switzerland, Spain, Greece, Poland, Czechoslovakia, Yugoslavia, Austria, Romania, Argentina, Brazil along with Tokyo, Shanghai and Montreal quotes.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Banke
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Romania
Argentine
Brasil
Tokyo
Shanghai
Montreal
Market Rates Steady as Call Money Holds
New York on June 12 reports call money steady with percent floating. Time loans show easier terms across 30 to 60 days with 5 percent for 4 to 6 months. Commercial paper and bankers acceptances remain unchanged amid steady market conditions.
MENTIONED IN THIS ARTICLE
New York
Defme
Government Bonds Market Update
New York government bond report lists Liberty 3s at 96.5, First 4a at 98.16, Fourth 44a at 98.19, Treasury We at 106.8, Treasury 4 at 103.6, Treasury 148 at 100.8, and Treasury 3% at 96.5.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Firet
Fourth
Treasury We
Treasury
Superior Oil seals Penn grade crude deal with Elland Refining
New York June 12 report that Superior O11 Corp closed a contract with Elland Refining for its entire Penn grade crude oil production from Kentucky fields. Elland pays a 10 cent premium to the posted price of 1.80 per barrel. Daily production amounts to barrels.
MENTIONED IN THIS ARTICLE
New York
Superior O11 Corporation
Ehland Refining Company
Superior
Tts
Kentucky
Scrambled Numbers In Chicago Sports Brief
Fragmentary Chicago data from June reports shows scattered scores and percentages. Entries include 93 score with 424, 434 figures and 42 percent, plus 41 to 40 percent ranges and several 90s scores. Centralized figure shows 0 score with 42 percent and 41 percent.
MENTIONED IN THIS ARTICLE
Chicago
Poultry Prices In New York Market Report
The June 12 poultry market lists dressed fowls irregular at 26 to 35 cents per pound. Live poultry irregular at 25 to 40 cents by freight 27 to 31 cents express 25 to 31. Mess irregular at 38 three quarters cents. Fresh gathered extra 25 5 percent. Other grades unchanged.
MENTIONED IN THIS ARTICLE
New York
Express
Sugar market Holds Steady as July Contracts Slip Slightly
Raw sugar in New York shows no major change with 4100 bags Philippines nearby at 3.46 and 10850 bags for July at 3.49 to refiners. Futures move little with narrow, irregular price shifts. approximate sales total 41900 tons for July and prices for September, December, January, March and May rising modestly from 1.61 to 1.94. Refined sugar remains at 5.00 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Philippines
Cotton dress goods in demand as market quiet in New York
Cotton goods markets were quiet and unchanged in New York on June 12 while heavy demand persisted for cotton dress goods in distribution channels. Repeat orders continued, signaling steady activity amid subdued overall trading.
MENTIONED IN THIS ARTICLE
New York
Hancock Investments listed bids and prices at market
Hancock Investments Bluefield West Virginia appears with bids quoted At Market for several items including 120.00 and 95.00 in a brief notice. The fragment also references American Coal and Blood Lumber Co among the entries with small price amounts.
Woolen Market Report Shows Shifts in Burlap and Raw Goods
Market notes indicate easier trends in burlap while men’s wear suiting and top coatinges were reported with mixed movement. Spot raw alike held steady to firm as conditions remained quiet in woolen markets.
Commodity Prices Reported by State Departments
Pittsburgh June 12 W 8 Department of Agriculture report shows moderate demand for produce. Cabbage prices 60 lb crates Tennessee 1.00 1.25 Ohio 2.00 2.25. Onions 11 cars Texas yellows 1.60 1.65. Potatoes 139 cars mostly ready 150 lb sacks Michigan rurals 2.00 Maine Green Mts 2.15 2.25 New stock barrels No 1 cobbler Carolina 4.00 4.25 Virginia 4.50.
MENTIONED IN THIS ARTICLE
Pittsburgh
Dept. Agriculture
Tennessee
Ohio
Texas
Michigan
Maine
Carolina
Virginia
Pittsburgh Livestock Market Report Highlights Mixed Results
U S Department of Agriculture data show receipts of 1 800 hogs with steady prices across weights 11 00 to 11 80 for heavies to lights Pigs and packing sows at 0 25 to 0 75 The cattle section reports no receipts shown but lists heavies and good 14 60 to 15 75 calves at 11 00 to 16 00 and cows 7 75 to 11 00 The sheep trade shows 900 head with prices from 5 00 to 16 00 for various weights and classes
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept. Agriculture
Paige
Chicago
U. S. Dept Agriculture
Grain prices report from Toledo market
Toledo grain prices show Wheat No 2 red at 1.194 to 1.20, Corn No 5 yellow at 95 to 96, Rye No 2 at 1.0 and other grains unchanged as of June 12.
MENTIONED IN THIS ARTICLE
Toledo
Grain Prices Swing After Farm Relief Vote
Chicago grain markets fell as speculative selling pushed wheat down about a bushel and corn down more than a cent. Losses followed farm relief bill controversy but buying renewed later on reports delays would be brief, with oats steady and provisions moving slightly.
MENTIONED IN THIS ARTICLE
Chicago
Senate
Chicago Livestock Prices and Trade Report
Chicago livestock receipts reach 19 000 with 7 000 direct trade opening higher and later gains 15 to 25 cents. Cattle and calf markets show strong steer demand with top prices around 15 40 for 1200 lb buyers. hogs and sheep trade slow, with fat lambs and yearlings down and prices uneven across classes.
Feeder lamb market report with bid ranges
The note lists lamb prices by quality and weight group. Trade details include ewe steady with 5500650, lambs perceived as good to choice with varied quotes, and feeder lambs priced around 12.50 to 13.50 with categories down to 2.50 for cull and common.
Charges Dismissed Against Local Woman In Copper Theft case
Charges against Mrs. Pearl Gideon of Rogers Street in the copper wire theft from Pocahontas Fuel at Faraday Virginia were dismissed after a hearing before Magistrate W W McNeal. A continuance was granted until June 20 for Mrs BE L Evans and Robert C Altizer who were arrested with Mrs Gibson. An investigation tied to Hunter Christian Marvey and Mia Gibson follows arrests in Tazewell and Mercer counties. In Norway a law forbids cutting a tree unless three saplings are planted.
MENTIONED IN THIS ARTICLE
Pearl Gideon
Rogers Street
Pocahontas Fuel Company
Faraday
W. W. McNeal
BE. L. Evans
Robert C. Altizer
Mra. Gibson
Tazewell
Mercer County
Hunter Christian Marvey Christian
City
Mia. Gibson, Altizer
Evans
Newsboys Picnic With Bluefield Printers And Princeton Challenge
Newsboys from The Daily Telegraph and Sunset News gathered at Glenne Park for a picnic and games. They rode rides, fished, and played a Bluefield versus Princeton carrier baseball game. The Princeton team won 1 to 0, prompting good-natured jokes among the group.
MENTIONED IN THIS ARTICLE
Daily Telegraph
Sunset News Carrier Boys
Genwood Park
Sunset News
Bluefield
Princeton
Glenne Park
Matt
Jeff
Princeton Hoys
Newsies
Glenwood Park
Sonny
Geologist Davis Testifies in Gas Rate Hearing
In Charleston on June 12 Ralph E. Davis Pittsburgh geologist spent the day on the witness stand in United Fuel Gas rate case before the Public Service Commission. Protestants' counsel cross-examined him on classifying company property into producing groups and requested a map comparing proven acreage in 1923 and 1928. Company counsel offered to cover Davis's map work at protestants' expense.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
Ralph E. Davis
Pittsburgh
United Fuel Gas Company
Public Service Commission
Davis
Paul Scott
Huntington
Thrills of Saving Over Ocean Liner Travel
A promotional note urges readers to save money regularly to enjoy greater thrills than spending. It argues bank balance growth brings more fun and anticipation than voyages, presenting saving as a fact and a superior thrill.
Day News Briefs From The Associated Press
Washington reports suggest a third party in farm relief efforts. Detroit notes a youth killed by a customs inspector. Louisville denial of a new trial follows a moonshine raid killing. Las Vegas seeks divorce. Washington reports a narcotics spy fatally wounded. Paris notes a royal wedding postponed. Chicago reports a church carnival treasurer slain. Dublin and Bucharest cite violent incidents. Huntaville recalls an ambush of ex prohibition officers. Detroit and Montreal indictments in Wood conspiracy. A bridge project for Kanawha river passes senate.
MENTIONED IN THIS ARTICLE
Washington
Brookhart
Detroit
Louisville
Prohibition
Las Vegas
Nev
Rhinelander
Court of Claims
McKenzie Mose
Bowling Green
Paris
Prince and Steel
Chicago
Church Carnival
Dublin
Bucharest
Huntaville
Monteral
Qeeheese
Beaconefield Golf
Eggles Tipples Are 10 Be Built in Eccles Mines
J. West, a renowned mine construction contractor, traveled to Chicago to sign a contract with the Chicago Wilmington and Franklin Coal company for improvements at Eccles mines numbers 5 and 6. Sealed bids were submitted nationwide, with West the successful bidder. The project may reach about $1.5 million, including new tipples and equipment. West is also rebuilding two mines for New River company of Mount Hope. He is accompanied by his wife and will be away several days.
MENTIONED IN THIS ARTICLE
J. & Vest
Chicago
Chicago, Wilmington and Franklin Coal Company
Eecles
W. Va
West
Veet
New River Company
Mount Hope
Auxiliary to Meet of Colored Railway Train Men
The ladies auxiliary of the Association of Colored Railway Train men will meet at Mrs. Robert Allen's home on Vine street at 6 p m Friday. Mrs L J Wright is president. Mrs Mattie Trige and Mr Mack Wiley motored to Pocahonta to visit Mrs Jamie Simpson who has been very ill for weeks at Mrs Thelma Stone's home. friends share hopeful news of slow improvement.
MENTIONED IN THIS ARTICLE
Ladies’ Auxiliary
The
Association of Colored Railway Trainmen
Robert Allen
Vine Street
L. J. Wright
Mattie Trige
Mack Wiley
Pocahonta
Jamie Simpson
Thelma Stone
Also Mentioned on This Page
Indus
Aled Chem & Dye Wee Cad
Amer C &F
Amer Inter Amer
Amer Tel & Tel
Ee Ener
Refin
Br&eoor
Col
Mack True
Marland
North Pac
Owens Bot
Packard
Pan Pac
Penn Rr
Itta
Eee
Am Pub Serv Co
Eseoune
Ith Radio Corp
Rep
Ir & Su
Beensee
Seare Reynolds Toby Roebuck
Shell Union
Etter Simms Petro
Moses Hyman
First National
Hank
Welch, W. VA
Ask American Finance
Turkey Gap Coal
Era Pocahontas Coal Welch Armature
Wasecott Cor
Northfork Finance
Sterlng Hardware
Will Guy Ent
U. S. Steel
Wall Street Briefs
Bluefield Market
American Coa! Co
Ark
Blood Lumber Co
Buster
Rufus B. Hoople
England
Rufus
Amos
Jon
Pythern
Pittsburgh Livestock
Toledo Grain
Chicago Grain
Chicago Livestock
Scott
C. B. Nethken
Lindy
First National Bank
Larges
Goff
West Virginia
Kanawha River
Cabin Creek
St. Albans
House
J. W. Vest
News OF the Colored People
Isaac T. Mann
James Ellwood Jones
O. L. Alexander
Arthur J. Machiride
KR. L. Wallace
HM. RK
ONE Broadway
Pocahontas
Tidewater
Great Lakes
United
Staes
Vrede
Porta Coa
Atlantic Coast
Lambert's Point
Sewall's Point
Norfolk and
Newport News
WAL Rw
Wrede
New Bedford
Mass
Salem
Wharfton
Portland
Omy Bonan Y Cipett Bee
Sandusky
Boston, Mass
Portland, Maine
Norfolk, Va
Bluefield, W Va
Cincinnati
Poreign
Moxey, Savon & CO. Ltd
Re Street Square
London
D. C
Bengland
TION
Rotterdam
Prederick GU Xoursee
BE. Pinto Basto & CO. Ltd
Lighon
Port
BY Sidney Smith
Tom
Linas Balance
BY M’manus
Crin
Kentuck
Mll
Grr
Huh
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