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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 15, 1929

Page

13

Wall Street Rebounds With Heavily Irregular Close

On a revived Bull campaign weekend, trading was heavy and profits were taken as totals neared 3.2 million shares. Call money eased to 7 percent with some funds at 6 percent. money expectations point to mid month settlements and improved credit conditions by early July.

New York Federal Reserve Wall Street Montgomery Ward Pennsylvania Delaware Houston Texas United States Anaconda Cerro de Pasco American Smelting Greene Cananea New Jersey Brooklyn Edison Commonwealth Power Erie S. Steel General Electric Minneapolis-Moline Power Implement General Railway Auburn Auto U. S National Distilleries Allis Chalmers A. M. Byers Eix

New York Stocks Close Highs and Lows on Trading Day

The New York stock list shows Allied, Amex, Amer Tel and Tel, Johns Manville, Krogers, Myer s, Pacifi c, Reading, Sears Roebuck, Union Pacifi c, Texas Corp, Westinghouse, Woolworth and others closing mixed. Notable prices include 8% for Amco Fo, 28 for Amolater, 109% for United, 198 for Nor Amer, 2484 for Stand Of Cal, 223 for Union Pacers, and 162 for Westinghouse.

Allied H DO Amer Tevevees Amer Co& Fo Cceesesees Amer Int Amer B & BR Sosesssere Amer Tel & Tél Andes Ai Enssanere Ison Inter Nickel Inter Tel & Tel Johns Manville Ennecott Olater Krogers Lig Myers Bi Southern Buy Cal Cos Texas Corp Texas Union Pacers Indus Ale Warner Bros Maryland Woolworth

Bond market shows steady gains on Liberty issues

Liberty bonds and United States treasury certificates rose about three quarters of a point in active trading. Liberty 34a and the fourth Liberty 448 plus treasury 445 led the demand while American Telephone convertible 4% rose to 1245. Utilities like Duffynes Light 4% and Louisville Gas posted notable advances as industrials eased.

New York Liberty Loan United States Treasury Liberty Treasury American Telephone Duffuesne Light Louisville Gas

Foreign exchange rates and bids across nations

The report lists irregular foreign exchanges with Britain at 4.84 percent, France near 3.90, Italy around 5.22, and several European and Non European bids including Belgium 13.87, Germany 22.81, Holland 40.11, Norway 26.62, Sweden 26.74, Denmark 26.62, Switzerland 19.23, Spain 14.20, Austria 14.03, Romania 59, Argentina 41.85, Brazil 11.87, Tokyo 42.85, Shanghai 5840, and Montreal among others.

New York Great Britain France Italy Belgium Germerw Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Montreal

Money market notes show steady rates across instruments

New York traders report call money easier at 7 percent all day. Time loans firm at 30 days 8 percent, 60 to 90 days 8.8 percent, and 4 to 6 months 8 percent. Prime commercial paper at 6 percent. Bankers' acceptances unchanged.

New York

Government Bond Prices Reported in New York

United States government bonds closed with Liberty 3448 at 96.16 First 46 at 98.26 Fourth 4%48 at 99.5 Treasury 4%8 at 107.4 Treasury 44 at 103.31 Treasury 348 at 101.3 Treasury 3% at 96.18.

New York United States Liberty First Fourth Treasury

Coal firm stock change and holding company plan approved

Westmoreland Coal stockholders approve changing to no par stock and creating a holding company to issue shares to coal company common stockholders. Gulf Oil follows Atlantic Refining with a price rise of one cent per gallon in Pennsylvania. Central Alloy Steel sets aside 450000 dollars for Massillon Ohio plant upgrades to lift sheet production by about 40 percent.

Westmoreland Coal Company Gulf Oil Company Atlantic Refining Company Pennsyvan Central Alloy Steel Company Massillon Ohio

Raw sugar market firmer with higher futures in New York

The raw sugar market in New York showed a firmer tone as futures rose while spot prices held at 3.49 duty paid. Market activity increased with final prices two to six points higher and approximate sales around 91,800 tons. July to May futures quoted with several points changes. refined prices remained unchanged at 5.00 for fine granulated and second-hand materials noted.

New York

Butter prices steady with few grades up top

Butter markets in Chicago on June 14 show barely steady trade with several top grades near or above 90, including Fresh 93 and Centralization around 90. Bluefield reports a zero score with 48 percent.

Chicago

Fragmented Arkansas Company Names Incoherent List

A garbled OCR listing several company fragments including American Coal, Lambert Co, Community Loan and Lambert Co, Premier Coal, Sterling Hardware, Armature, and other stray terms. No clear event or cohesive narrative is discernible.

American Coal Co Ark Lamber Co Fittes Aervities Serv Nig ‘Ommunity Loan and Lamber Co Tay Reek Coal Eel An Coal Aapled Coal Co Sterling Hadwe Va Armature Pier Lier. Co Gitt Stock

Produce markets show moderate demand in Pittsburgh

June 14 report from Pittsburgh lists Department of Agriculture notes. Produce demand is moderate with cabbage and onions steady and potatoes slightly weaker. Freight car lots cited include Tennessee onions, Ohio crates, Michigan Rural and Maine shipments, plus new stock barrels from Cobblers in Carolina and Virginia prices.

Pittsburgh Department of Agriculture Tennessee Ohio Texas Michigan Maine Green Mountains Carolina Virginia

Poultry market notes and prices at New York

In New York on June 14 poultry prices were steady with dressed fowls at 25 to 33 cents. Live poultry remained nominal with broilers at 20 to 48 cents by express and by freight. Receipts total 33,937 crates with fresh gathered and extra lots also indicated. other grades unchanged.

New York Sollee Ferenelar

Dry goods markets show steadiness in New York trade

Cotton goods markets were steady and quiet in New York on June 14. Gray goods demand lagged earlier in the week while finished sheer cottons for summer wear moved in large volume. Spot raw silks remained firm, silk makeres gaining favor, and wool goods felt pressure from potential labor disruptions. Calcutta burlap fabrics edged up slightly from declines as prices firmed.

New York Calcutta

Toledo Grain Prices Report June 14

Wheat No 2 red priced at 1.21 to 1.22 per unit. Corn No 2 yellow around 96 to 97. Oats No 2 white at 50 to 51. Rye No 2 1.05. Other wheat and grain categories unchanged in Toledo Ohio.

Toledo Ohio

Farm board bill near final passage cited in Chicago report

Chicago report notes apparent certainty the bill creating a federal farm board worth 500.9 million dollars is close to signing. Market observers on June 14 monitor rain value shifts and cat traders tracking developments as the congressional action progresses.

Chicago Federal Farm Board

Crop market notes hint at tightening Canadian supply

The report indicates Canada may face a precarious crop situation soon. Wheat quotes closed unsettled, mixed around yesterday's levels. Corn advanced slightly, oats rose up to 1 percent, and provisions ranged from declines to a ten cent increase.

Canada

Chicago hog and cattle market notes June auction results

Hogs receipts total 21 000 with 4 500 direct. Prices closing slow about 40 cents under Thursday’s average. top 11 55. butchers’ cattle 170 to 320 pounds 10.40 11.20. pigs 90 130 pounds 9.75 11.00. Cattle receipts 2 000, calves 1 000. slaughter steers 14.25 15.50. cows 6.50 12.25. bulls 10.50 11.50. Lambs and ewes see gains: native lambs 15.25 15.65. feeder lambs 12.50 17.65.

Chicago Department of Agriculture Idaho

Baltimore Livestock Prices on June 14 Receipts and Ranges

Baltimore Livestock report shows cattle receipts at 150 with price ranges for steers heifers bulls cows by quality, sheep and lambs receipts 200 with prices, hogs receipts 250 with categories from lights to heavies, calves at 5.00. The data reflects mixed grades and multiple price points across categories.

Hogs Receipts Steady to Weak in Pittsburgh Auction

Pittsburgh livestock desk reports hogs receipts at 2 400 with prices steady to weak. Medium to choice hogs quoted from 11.26 to 12.00, packing sows 9.25 to 9.75. Cattle none. steers heavies and other classes not fully listed.

Pittsburgh Department of Agriculture

Children Celebrate National Children's Day At Glenwood Park

Bluefield observes National Children's Day with a full park program led by Mayor A J Stewart's committee. George Richardson Jr will address the children as contests offer prizes from Woolworth Clark Hardware Outlet Sample Store Bluefield Shoe Co Hawley's etc and park facilities are donated for the event with expert supervision and a bring your own lunch policy.

Bluefield Glenwood Park A. J. Stewart T. O'J. Wilson Fred W. Udy Sarah Switzer Misa Desir Gilmore Nellie Poff E. C. Wade Clyde Reppert J. Kell Pearle Brammer Tde Grenwood Park George Richardson Jr Clrle Woolworth

Live Stock Prices and Receipts Summary

Receipts show cattle and calves steady to firm with varying grades. Good to prime stock ranges include heifers and cows at multiple price points, while bulls and cutters fetch lower ends. Sheep and lamb figures indicate a steady to slow market with mixed grades and notable price spreads.

Power Commission Rules Jurisdiction in Cumberland Falls Project

The federal Power Commission voted unanimously that it has jurisdiction over the Cumberland Falls hydro electric project in Kentucky. It ruled the project affects navigation in the stream and therefore falls under federal authority. The Cumberland Falls Hydro Electric Power Company, a Samuel Insull interests subsidiary, plans the plant.

Washington Federal Power Commission Cumberland Falls

Gas Rate Hearing Postponed to June 24 in West Virginia

Valuation figures submitted by United Fuel Gas to the West Virginia Board of Public Works were read at the public service commission hearing on increased rates for several Southern towns. Protestants moved to suspend the tariff. the hearing adjourned to June 24 for arguments on the motion.

Charleston W. Va United Fuel Gas Company Board of Public Works Public Service Commission West Virginia W. J. Hightower Charles Fon Virginia Kentucky Ohio Public Service Comemission Pany

Maguet Seeks Custody Of Adopted Child In West Virginia

Charleston June 14 The state supreme court granted a writ of habeas corpus against Lola and Estelle Hic upon S S Maguet petition to custody Peggy Ilene Maguet aged eight adopted by him and his wife in 1927 in Cabell County circuit court Maguet says after his wife died the child was cared for by her sister and after the sister died by two daughters of that sister He remarried but the women refuse to return the child The writ is returnable June 21.

Charleston W. Va State Supreme Court Lola Estelle S. S. Maguet Peggy Ilene Maguet Cabell County Maguet

Also Mentioned on This Page

By Claude A. Jagger Associated Press Amule The Moses Hyman First National Bank Welch, W. VA Ask American Finance Turkey Gap Coal Vera Pocahontas Coal Welch Armature Wascott Cor Northfork Finance Sterlog Yardware Wall Street Briefs Bluefield Market Investme West First National Ock Moe A Ay PY Ahern Marty Toledo Grain Chicago Grain Warenen Lake Geneva BY Sidney Smith Caperge Chicago Livestock Baltimore Livestock Baltimore Sheen Pittsburgh Livestock Bluefield Shoe Company Hawley's Merchandise Lembuhl-Shepherd Company Pedigo Company G. C. Stuart Company F. W. Udy Cox's Whites Pharmacy Auto Club Juefield Suppy Company Bluefield Haware Company Hankla Pharmacy Thorntong Lacomy Hanka Grocery Company J.C. Penney Company Baschall Lindy Power Commission Hawt Secreta Pocahontas Fuel Company ONE Broadway Pat. Orr Pocahontag Elk-Wall Great Lakes United Sana Atlantic Coast Tidewater Lambert’s Point Sewall's Point Norfolk Newport News New Bedford Salem Mars Mystic Wharf Boston Portland Sandusky Vranch Mass Portland, Maine Norfolk Va Bluefield, W Va Cincinnati, Ohio Detroit, Mich Porpign Moxey, Savon 4&4 CO Limestreet Square London BE. C England Notterdam Frederick Gundstaen BE. Pinto Basto & Co, Ltd Lisbon Portugal A. Con & Clerics Lamellini Genoe Arthur Felldin Krottningeeton Stockholm Aktindolaget Bergbrom Coithenburg Boots HE Worizon BY Martin Werywee
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