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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 14, 1932

Page

9

Dull trading persists as stocks mark time on May day

New York stocks drifted in a dull session with minimal net changes. Nations like National Biscuit, Western Union and Coca Cola showed slight moves while bonds and rails remained listless as investors awaited congressional budgets and Lausanne preparations.

New York Lausanne Congress Banking Corporation Auburn Auto National Biscuit Western Union Wall Street Biscuit Bethlehem Steel Proctor and Gamble Macy Peoples Gas Wrigley Pacific Telephone S. Steel National

Bond Market Unmoved Amid Washington Race And Conventions

The bond market showed little enthusiasm as traders awaited events in Washington the Republican convention in Chicago and European hotspots. Prices drifted slightly lower with 60 corporate loans down four tenths of a point and total volume only 7.085 million, the smallest full day since April 25. Railways lagged with the lowest domestic average though high grade carrier loans steadied. industrials and utilities lacked features. the U.S. government list remained steady.

New York Washington Chicago United States

Curb Market Pauses as Summer Lull Eases Trading

New York curb market opens the week with traders largely held in place as politics draw attention and activity stagnates. Volume sinks to about 100,000 shares, the lowest for a full day since late April. Electric Bond and Share rises to 74 amid heavy turnover while American Gas and Electric common holds firm and preferred slips in thin trading. Oils remain notably dull.

New York American Gas and Electric

Gas and Electric output falls. Sears Roebuck dividend in doubt

The Associated Gas and Electric system reports 12 month output of 2,687,420,913 kWh ending May 31, down 4.4 percent from the prior year. Wall Street anticipates a possible cut in the Sears Roebuck dividend as the board prepares to meet later this week. May 21 sales decline by 27 million dollars despite enacted economies.

New York Associated Gas and Electric System Wall Street

Hancock Investments Markets Flags Preferred and Common

C B Hancock Investments lists Cities Service 6% preferred at market and Appalachian Lesttic Power 8 87% preferred at market. Cittee Service common closes 2 percent on June 13.

C. B. Hancock Investments Cities Appalachian Lesttic Power Company

Ye Stock Exchange Quotations and Telegraph Contact

Quotations from the New York Cotton Exchange and allied boards list prices and market activity. James E. Mann is named as manager with Jack R. Younger serving as assistant manager and telephone contact provided.

Adama Express Directors Skip Preferred Dividend

Directors of the Adama Express company announced today that the quarterly dividend of 1.26 on the preferred stock is being omitted to offset a decline in gross and a drop in sales.

Adama Express Company

Foreign exchange rates in New York as of June 13

The market lists Great Britain at 3.6743 with cables 3.67 and 60 day bills 3.66. France at 3.93 13/16, Italy 4. Seman and cables 5.13. Norway 18.29, Sweden 18.89, Denmark 20.04, Switzerland 19.54, Spain 8.26, Portugal 3.77. Argentina 25.79, Brazil 1.55, and other currencies with nominal rates noted.

Adams Pennsylvania R. Ram Am Federal Water Service People's Gas Allis Chalmers General Electric General Foods America General Motors See Keith Orpheum American Great Northern Republic St Ceesees American Steel Reynolds Hershey Hudson Motors Maols Central Issesees Anaconda Corp Beaivon Air Line Veces Armour Harveater Areenaee Dry Goods International Shoe Shattuck F. Ry International Nickel Atlantic ‘Refining Int Tel and Tealy Auburn Auto i Inland Steel Evensohns Manville Calif Edison Kelvinator Ate Southern Pacific Etee Balto Ohio aMy Kennecott Southern Railway Bar Bendix Aviation Sis Roger Eee Tity Standard Brands Bethlehem Steel Ibe Lambert Co Lowe's Inc Stewart Warner Lorillard Tob al Stone and Webster Byers Louisville and Nash Studebaker McKeesport Tin Texas Co McKesson and Robbins Texas Gul Cerro Fe Peane Mathieson al See Chesapeake Mexican Seaboard Midcontinent Pvt Transamerica Corp Underwood Elliott Chesa Montgomery Ward Union Carbide St. P Nash Moors Cash Register United Aircraft Commonwealth United Carbon United Corps Werner Col Gas Ccsee Iq United Gas Impr Light Sheenweee Sweenee Ul. Power and Continental Gas Norfolk and Western Vanadium Steel Continental Insurance American Aviation Warner Pictures Continental North American Co Western M Wesson Oil and Quote Western Union Shee Ub Curtins- Wright He Packard Motors Pac Ceeeneeee Tse Paramount Publix Pupeeetee du Pont Penick and Eevee Worthingteeeee Penney I. c New York Great Britain France Italy Germany Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Cztchoslovakia Jugoslavia Austria Rumania Argentine Brasil Co City

Treasury Receipts and Expenditures for June 10

Treasury receipts for June 10 were 5 412 078.01 dollars. Expenditures total 16 978 417.60 dollars leaving a balance of 230 460 425.46 dollars. Customs duties for ten days of June reached 6 867 911.21 dollars.

Washington Treasury

Government bonds list for New York on June 13

United States government bond prices shown for Liberty 3s 32 to 32-47 range, First 4s 32-47, Fourth 4s 33-38, Treasury 4% 47-52, Treasury 4s 44-54, Treasury 34s 46-56, Treasury 3 1/2s 40-43.

New York United States Liberty Iledges Fourth Treasury

Money market rates steady as call money holds at 2 percent

New York reports call money at 2 percent all day with time loans for 60 to 90 days at 1 percent and 4 to 6 months at 14 percent. Prime commercial paper sits at 2 percent to 3 percent while bankers acceptances remain steady with 30 days at 7 percent 60 to 90 days at 1 percent 3 months at 14 percent and 5 to 6 months at 1 percent.

New York

Raw sugar advances as deliveries rise in New York market

Raw sugar shows broader activity with spots up 5 points to 2.70 delivered basis. Sales reach 44 700 tons with 15 600 in exchanges. Refined market steady at 3.70 while one refinery adds 0.10 to 3.80 effective at tomorrow’s close.

New York

Coffee market closes steady with No 7 futures down

New York coffee markets show quiet but steady trade with No 7 futures easing 7 to 10 points from opens. Santos futures rise by 2 to 5 points on some contracts, with overall sales around 12,000 bags and spot Rio and Santos prices quoted.

New York Santos Rio

Butter Market Report Shows Stable Prices Across Regions

Butter prices hold steady in Chicago with a 98 score and varied percentages for different grades. Centralized carlot data lists values around 90 with broad ranges, reflecting mixed offerings and cataloged lots.

Chicago

Toledo Grain Prices Lead Market Update

Toledo grain values on track at 28 percent rate basis. Wheat No 2 red 44 4, No 1 red 45 4, Corn No 2 yellow 29 29, No 3 yellow 28 28. Oats No 2 white 20 44 21, No 2 white 19 49 21. Red clover prime cash 9.00, alsike prime cash 8.75.

Toledo

Prices Cut on Dry Goods for Fall Men’s Wear

New York June 13 sheet and no case prices reduced to 35c a yard for 10 3 bleached from 42c. More business reported on men's wear worsteds for fall as suppliers move to attract buyers.

New York

Pittsburgh Produce Prices and Demand Report

Pittsburgh June 13 report shows moderate demand for produce with cars of apples steady at 2.50 to 3.00 per barrel or 1.15 to 1.50 per basket. Cabbage prices steady in crates from Tennessee Mississippi and Missouri, onions dull with yellow and white sacks mixed, potatoes steady with Maine New York Alabama and other regional stocks listed. Butter and eggs unchanged as market listings conclude.

Pittsburgh U. S New York Tennessee Missouri Texas Maine Green Mountains Alabama Louisiana Barrera South Carolina Virginia

Jersey City Livestock Prices Mixed Across Species

Cattle sales total 1 680 with 710 direct as steers rise up to 25. Bulls gain up to 25, cutters to medium grades 2 50 to 3 50. Vealers and calves 4 810 with goods 6 50 to 7 50. Sheep and lambs 19 810, lambs gain up to 50 with good to choice 7 50 to 8 00. Hogs 5 740 all direct, market nominal.

Jersey City

Baltimore Livestock Cattle Prices Steady Across Classes

Baltimore market cattle sales show 800 head with steady values. Steers good to choice bring about 6.00 to 6.50, medium to good 5.50 to 6.00, fair to medium 4.50 to 5.00. Bulls and cows range from 3.00 to 3.50 for common grades.

Baltimore

Market Report on Livestock Prices and Grades

The sheet lists meat and livestock pricing in varied grades. It shows hogs at 1,800 head with lights at 4.08 and heavies at 4.00, calves around 5.00 to 6.00 for good to choice, and lambs and sheep priced from 1.00 to 5.25 for different quality levels.

New York Poultry Prices and Live Poultry Status

Dressed poultry values vary by type with fresh and frozen options listed for chickens fowls and turkeys. Live poultry is described as nominal with no quotations while eye totals and color standards are reported with mixed notes on pack sizes and credit sales.

New York Etore

Pittsburgh Livestock Market Report

Hogs 1,500 and up to 20 higher. light 130-160 lb 3.65-4.00. 160-200 lb 3.90-4.10. 200-250 lb 3.60-4.05. 250-350 lb 3.25-3.65. slaughter sows 100-130 lb 3.26-3.65. Cattle 600. steers steady to 25 higher. bulls weak to 15 lower. steers 900-1,300 lb good 6.10-6.60. heifers 550-850 lb good 5.00-5.50. calves 700 mostly steady. vealer milk-fed good and choice 3.25-5.25. Sheep 2.00C. lambs 90 lb down 6.15-7.25. yearling wethers 91-110 lb 3.00-5.00. wethers 2 years up 1.65-3.00.

Ohio Pittsburgh U. S

Trade Trends Show Canned Goods Hold At High Levels

Trade trends indicate canned foods prices remain firm across major items with resistance levels reached. New packing season may shift costs but further radical declines are not anticipated. Paints April sales total 2290 109 with 588 establishments reporting. Petroleum market shows continued improvement with bulk gasoline rising in the Mid-Continent and smaller gains along the Atlantic seaboard.

Mid-Continent Atlantic Seaboard

Wheat Market Dips as Fifty Cent Price Becomes New Norm

Chicago grain rounds edge lower as wheat settles around fifty cents, a new market standard, with buyers retreating and deliveries wavering near season lows. Harvest progress in Kansas elevates price gaps between Kansas City and Chicago, while lack of export demand adds to bearish mood. Corn and oats move variably and provisions swing within seven cent ranges.

Chicago Hutchinson Kansas Kansas City United States

Grove Wing Eleven Straight for Macks Wins

Game recap shows New York and Cleveland at bat in a 8 to 8 draw? The text records batters, hits, and errors with home runs by Dickey Ruth Averill and a double by Morgan. Russell pitched for Cleveland and Pearson later. Hodge and Hildebrand noted as umpires with a 2:07 time.

Ruseel Hudsin azaRan Sewell Hildebrand New York Cleveland Dickey Ruth Lary Lasserl Morgan Averill Kamm Ciasell Myatt Genrig Jaya—Morgan Rusast Eet Jeanes Seana Russeuciin Goren Russell Eleo Comeee J. Sewell Ruth Rfrig Chapman Lazzeri Gomez Porter Burnett Vosimir Wanes L. Sewell Clasell

White Sox Rally to Beat Boston 7 6 in Tight Game

Chicago White Sox overcome a scoreless start by Eddie Durham as they rally to defeat the Boston Red Sox 7 to 6. The Sox picked up two runs in the sixth and knocked Durham from the mound in the seventh to seal the win.

Chicago Chicago White Sox Eddie Durham Boston Sox Durham

Weat Virginia Medical Society Holds Annual Session in Bluefield

The Weat Virginia Medical Society will hold its twenty sixth annual session in Bluefield from June 10 to June 17 with meetings at Genoa Avenue High School. A free chest clinic, surgical clinics, and public meetings are scheduled at John Stewart Church and Providence Hospital with doctors Crichlow Jones Goens and Brown among speakers. The Golden Star club meets tonight at 7 30 at Rev J A Walker home 336 Belcher Street. members urged to attend.

Weat Virginia Medical Society Sesson Bluefield T. E. Jones Egrapen Freeman's Hospital of Washington, D. C W. W. Goens J. F E. Brown John Stewart Choir W. S. Hight City C. E. Lilly W. H. Welch E. L. Younge B. A. Crichlow Denmar Sanitarium J. A. Thomas Golden Star Club J. A. Walker Belcher Street

Willing Workers Council Meeting at Dr Wrights Home

The Willing Workers council will meet this evening at 7 30 o clock at the home of Dr Wright on Bland street.

Willing Workers Council Dr. Wright Bland Street

Appeal for Olympic Finances And Foreign Support Noted

The United States team has received no government funds, while several foreign nations subsidize two thirds of expenses. Los Angeles and California have allocated substantial grants totaling over 1.5 million to prepare for the Olympic Games. Donations to the fund can be sent to Detroit or via local committees. A Venezuelan highway project linking to a Colombian route reaching 14 100 feet altitude is described.

United States Los Angeles Andes Mountains Venezuela Colombia

Organ at Chicago stadium stirs workers with political era tunes

The organ in Chicago’s Great Stadium 15 plays a rolling Sousa march and nostalgic convention tunes like Baby Mine and Sidewalks of New York as workers below respond with swells of emotion. The music, poised to echo national convention drama, could spark a nominating moment in the coming weeks.

Aswell New York

Tralee Briefs Move and Health News In W Va

Tralee West Virginia June 13 Bobby Lewis son of Mr and Mrs G P Lewis moved from Richmond where he had a serious operation to Grace hospital Welch Bruce Vaught regained health and went out today Mr and Mrs G P Lewis stayed with the son in Richmond and returned home Mrs John Atwood daughter Myrl Francis and Carl Shrader from Lt-

Tralee W. Va Bobby Lewis G. P. Lewis Richmond Grace R. E. Elliott Elmore Bruce Vaught Mra John Atwood Myrll Francis Carl Shrader

Local Visitors Relate to Tra Lee Area

Mann and party visiting friends in TraLee on Wednesday. Mr. and Mrs. E. B. Lefler spent Thursday with relatives. Corky Vaught and family were noted with illness of small son. J W Jeffcoate and Ruth Jeffcoate recently moved Princeton to Mullens were in TraLee. Comer Jeffcoate accompanied them. J A Cahill with G Lewie motored to West Wednesday evening. Raymond Kidd returned from Bluefield and Virginia. Ethel and Lorine Ki visited friends in Mullens Saturday.

West Raymond Kidd Bluefield Points Virginia Ethel and Lorine Ki Mullen Ln

Akerson Recalled to Aid Hoover at White House

Washington reports George Akerson, former secretary and Hoover confidant, is recalled to White House service during the convention. Akerson, now a motion picture executive, said duties are not defined yet but will mirror the office of Lawrence Richey. Extension into the campaign possible.

Washington Hoover Draed George Akerson White House Akerson Lawrence Richey Chicago Akernon

Caraway Delivers Two-Word Senate Debut

Senator Hattie W. Caraway of Arkansas makes a brief maiden address lasting two words. During farm relief debate she reads a 100 word telegram opposing the farm board and later states her position, noting her late husband Thaddeus H. Caraway voted against the farm board.

Washington Senate Hattie W. Caraway Arkansas Farm Board

Also Mentioned on This Page

Bluefield Daily Telegraph New Banking Corporation Standard Statistics Co Ind. Rutty Igh Leon Ite Ind R.R Wall Street Briefs N. Yestock Exchange Bryan, Kemp and Company West Virginian Hotel Bluefield, W. VA James E. Mann Jack R. Younger Toledo Grain BY Sidney Smith Imat Nenrietta Townsend Zanderner Tom BNE Nerflees Musband Hun Man Jersey City Livestock Baltimore Livestock NEW York Poultry Pittsburgh Livestock The Associated Press Department of Commerce Chicago Grain CHI Sox Moore Aleo Webb Jolley Seeda Grube O Smith P Gregory Osten Gregory Q Rona McMan Vatwood Pest Pickerin van Camp Sel Sullivan Kressel Tolen Backhee Ebam Doubie Trees Seiph Sullivan Wavatler McManus van Me Chica Kies Fes Ber Smith Gregor Faber Kline Her Gregory Moore Poe Aby Medical Society Olympic L. Alexander Harry Bowen James Ellwood Jones M. R. Hawthorne Arthur J. MaccBride R. L. Wallace Pocahontas Fuel Company Incorporated ONE Broadway Reg Patoft Pocahontas Great Lakes Atlantic Coat Tidpwater Lambert's Point Sewalla Point Norfolk Newport News e.F.c. A New Bedford Mass Salem Mystic Wharf Portland Sandusky Boston, Mass Eine Nore Cincinnati, Ohio Libietroit Moxey, Savon & Co, Ltd Lime Street Square London E. C Bogie Coal Trading Association Rotterdam Holland Frederick Gundersen A S&s Bergen Freckles Pop Poodle BY Blosser Ditmar Shadyside Rooéi Hill
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