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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 13, 1935
Page
14
A Duplicate bridge deal illustrates strategy in partial score play. West and East confront choices to bid two clubs and trap South, aiming for penalties or a possible game, with precise defense yielding a top score and South being set two tricks for 300 points.
Two Bluefield men Gordon Lee and Lloyd Green secured Virginia state corporation commission approval to run an independent Bluefield to Richlands bus service. The plan calls for three round trips daily within thirty days via North Tazewell and Baptist valley road with Bluefield connections eastward from Tazewell. Buses will likely seat eighteen to twenty passengers.
Community notices list multiple church and society events including the Prayer Band gathering at Mrs. Dorothy Craig’s home 418 Church Street at 730 p m. Also birth notice for a daughter Lavoris Ernestine to Mr. and Mrs Ernest Parham 31 Vine Street born June 11.
The Ladies' Aid society will gather this afternoon at 3 30 at the home of Mrs RE J Palmer on Bland street all members urged to attend Thelma Smith a student at West Virginia State College has returned to her Freeman home
Traders opened unsettled as the Wheeler-Rayburn act to break up utility holding companies crossed after yesterday’s Senate passage. A morning rally faded with renewed selling in utilities, while rails and bonds showed mixed to positive action and rails remained firmer than utilities.
Fragmentary item references C B Hancock and Appalachian Electric Power, with numbers 96.00 and 97.00, and terms preferred sought and cold. No clear event or outcome documented in readable text.
Phone 1800 Successors to Livingston & Co. Quotation notice notes NYSE prices and listings.
The New York corporate bond market paused under opposing winds as rail and utility issues moved in opposite directions while industrials lagged. Government bonds held steady as Wheeler Rayburn holding company bill passage spurred utilities selling and rail demand. Transfers totaled 14.48 million par value, with governments about 1.5 million, showing corporate trades dominated.
US government bonds edged higher while wheat fell 2 to 2 1/2 cents a bushel as Kansas harvest signals spurred selling. Corn dropped 1 to 10 cents a bushel and cotton slid 40 to 60 cents a bale. Stock turnover reached 1,293,120 with the Associated Press average down .3 point. Dividend news included Air Reduction extra 1 and Addressograph-Multigraph 15 cent payout, first since 1932.
Chicago grain reports show all wheat deliveries sliding to a fresh seasonal low. Wheat weak at 2% under yesterday. July at 80 89. corn down 1 cent to 1% off. oats and provisions largely steady with minor declines.
New York raw sugar closed unchanged at 3.35 cents per pound, with futures finishing mixed between one point lower and two points higher. Refined sugar steadied at 5.25 cents per pound for fine granulated.
Lancaster Pennsylvania June 12 cattle market about steady with Tuesday's close. Good clearance across grades. Steers fully steady with Monday margins. cows and heifers steady. bulls steady. Calves strong demand with choice lots around 50. Hogs steady with Monday. Sheep and lambs about steady. top local lambs at 9.00. Liberal sheep supply.
Chicago market notes show hogs at 11,000 head with varying weights and prices from 9.00 to 9.50 for standard hogs, packing sows and pigs listed, cattle and calves totals at 9,000 and 1,500 with steers, heifers, cows, bulls and vealers priced across multiple weight bands, stocker and feeder cattle noted, sheep around 6,000 with scarce sale and uneven values. lambs and yearlings show limited gains with top bids near 9.40 to 9.25.
Bulk around 7.00 for native ewes 1.75 to 3.50. Slaughter sheep and lambs noted. Spring lambs Qo2¢ end choice 36.15 to 9.65, medium 6.4 to 8.15. Ewes 90 to 159 lbs, good and choice 2.10 to 3.60, all grades common and medium 1.50 to 2.25.
Baltimore market reports cattle dull with mixed prices. Slaughter steers 6.50 to 11.00, heifers 4.75 to 10.00, cows 3.50 to 7.25, calves 0.75, hogs 9.15 to 10.55 for 200 to 250 pounds, sheep and lambs 6.50 to 9.75 for spring lambs, ewes 1.0 to 2.0, buck lambs discounted.
The New York curb market was irregular with utilities shares weighing on sentiment. Industrials posted small gains while transfers totaled about 246,000 shares, up from 219,000 yesterday. Principal losers included Electric Bond and Shore and American Gas and Electric. American Cyanamid B and Gulf Oil fell modestly, while Aluminum Company of America rose.
Final bond notes show prices for various issues. First 4 1/2 6 32 47s trades around 100 with a 4% yield, Treasury issues range from 108.7 to 116.19, including 3% bonds and Home Owners Loan 4s and 2s. Fed Farm Mtg 3 4s trades at 103.28.
Print cloths and sheetings sold today in small lots at fractions of a cent per yard under the top market. Inquiries were more frequent but business remained light. Wool goods quiet and firm. Milk goods saw more inquiry with light sales. Rayon yarn shipments held up. New business moderate in volume. Burl’s remained quiet and firm.
Live poultry by freight and express with quoted prices for chickens broilers fowls roosters turkeys and ducks. Dressed poultry and eggs prices listed with variations for fresh frozen and grade specifics. Highlights include eggs 44 796 irregular and mixed colors with regional price references across nearby midwest hennery exchanges and standard prices unchanged.
Miss Marietta Saunders an 18 year old Huntington resident died after attempting to crawl under a freight train at a street crossing and having both legs severed. William R Stewart 23 also of Huntington crawled under the same train and was badly injured but survived after he shielded himself as the cars passed. Stewart was initially held for an investigation but released on bond to answer a charge of drunkenness.
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