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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 16, 1922
Page
12
Market quotations from New York Stock Exchange. Included are coal trade figures and real estate quotes. Furnished by Hardy Dana Co. from Bield West Virginia.
New York stock activity shows a secondary reaction with sharp declines in many favorites after a firm opening. Early demand traced to short covering on Bank of England discount cut to 3.5 percent, lowest since January 1914, followed by heavy selling in rails, oils, metals, and shippings as railway unions weigh strike votes. Total volume 1,385,000 shares.
The report indicates stronger activity in domestics, eight ounce cloths, and yarns with wool cloakings cut up freely. Worsteds for men's wear are in greater demand while burys ease and silk goods stay quiet. Small oil jobs remained steady.
Several conveyances recorded in Bluefield include W. B. Repass with spouse transferring lot 15 section 1004 to R. A. Hawks, Glenmont Land Association selling to R. A. Hawks 8 section 1012 for 1500, John M. Wirgman with wife to Archie Z. Peters lot 28 section 45 for 250, J. Kell with wife to F. R. Christie part of lot 44 section 264 for 150, G H Gills with wife to James F. Mayer lots 4 and 5 section 685 for 450, and Premo Massaroni with wife to Lorenz Veneri half interest in 75 aan Crane Creek for 00.
Two large attractive lots in South Bluefield near Bland Boulevard priced at 2800 each. Smaller lots on Union Street and North Street offered with cash and installment terms. Houses on Highland Avenue and Rogers Street priced from 6500 to 8000 with down payments and monthly balances. A 123 acre Virginia Botetourt farm on the Valley Pike priced 30000 with buildings and improvements.
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