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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 16, 1931

Page

19

Stock Market Edges Lower Amid Cautious Turnafter Strong Start

New York stocks opened firm but eased through the day as traders await news with little constructive outlook. Steel shares fell while American and foreign issues saw mixed moves. total turnover near 2 million dollars as money markets held at the renewal rate with varied foreign exchange demands.

New York Steels U. S. Steel Bethlehem Steel International Telephone Krueger Toll Swedish Telephone Company Westinghouse American Telephone New York Central Atchison, Southern Pacific Union Pacific

Bonds Show Irregular Trading Across Sectors

In New York in June reactionary tendencies in the rail group and gains by German issues and Latin American bonds produced an irregular market. Trading was uneven with heaviness limited to second grade rail bonds. Industrials and utilities were mixed, amusements saw convertibles, while U S government obligations were readily traded.

New York United States

Call money and treasury rates steady in New York

Call money in New York on June 15 remained steady at 119 percent for the day with time loans showing slight variations. Prime commercial paper stood around 2 percent with bankers acceptances unchanged across 30 to 90 day ranges.

New York

Exchange Rates Report from New York Office

Foreign exchanges irregular with Great Britain quoted at 4.86 percent in dollars and other currencies in cents. Markets show varied demand across major currencies as of June 15.

New York Great Britain

Hancock Investments closes June 15 in Mullens market move

C B Hancock Investments based in Bluefield West Virginia asks Mullens Grocery Co to close a rental trust share matter at the First National Bank Building. The note references service common shares and a 10 percent market action with an Indian term end date June 1584.

Bluefield West Virginia First National Bank Mullens Grocery Co Uacirental Trust

NY Stock Exchange Quotations Listed For Bluefield

Names and titles from the New York Cotton Exchange and Chicago Board of Trade appear alongside management and staff at Bluefield, West Virginia, with James Eb Mann listed as manager and Jack R Younger as assistant manager.

New York Cotton Exchange Chicago Board of Trade

Treasury Receipts and Expenditures June 12 Totals

Treasury receipts for June 12 stood at 11 640 390.36 with expenditures 11 378 391.19 and a balance of 41 960 360.74. Customs receipts for the month through June 12 reached 11 739 431.41.

Washington Treasury

Dry goods markets show uneven gains in New York trade

Cotton goods demand improves for prompt delivery as prices stay irregular. Wool goods remain steady with rising demand for fall women’s wear. Acetate rayon inquiries increase while viscose lags but cites sharper demand next month for weaving and knitting yarns. Raw silk eases.

New York

Butter Prices Hold Steady Amid Slight Market Jitter

Chicago market notes butter prices unchanged with a barely steady zone.Listing shows multiple scores from 87 to 93 with varying percentages and a separate line on centralized carrots scoring around 89 to 90 with percentages.

Chicago

Raw sugar futures steady after midday liquidation

Raw sugar in New York held steady as July liquidation weighed on prices. Final quotes were unchanged to 3 points higher with 34,800 tons traded, more than half via exchanges, and three month prices listed at July 1.18, September 1.27, December 1.36, January 1.38, March 1.44, May 1.50.

New York

Pittsburgh Produce Prices and Demand Report

Pittsburgh June 15 reports moderate produce demand with cabbage in 27 cars and weaker prices for Ohio 100 lb crates to 2.50. Onions across 10 cars steady with Texas standard crates and yellows 1.25 to 1.40. Potatoes 58 cars steady with various regional stocks and prices. butter, eggs, cheese and poultry/livestock prices listed for nearby stocks and dressed items.

Pittsburgh U. S Depts Ohio Tennessee Louisiana North South Carolina Alabama Bliss Maine Green Mountains

Toledo grain prices and seed restate cash contract values

Cash grain and seed prices listed for June 15 with wheat corn oats and clover contracts. Wheat No 1 red 7642 77 No 2 red 754% 76 Corn No 2 yellow 5542 56% No 3 yellow 64% 51's Oats No 2 white 274% 28% No 3 white 264% 27 Seede in warehouse red clover domestic old 13.50 new 13.75 October 13.75 December 14.00 choice cash old 13.75 new 14.00 Alsike prime cash 14.00.

Toledo Alsike

New York Poultry Market Prices Cluttered by Mixed Colors

Egg prices at New York on June 15 show unsettled trading with varied quotes. References include mixed colors, heavy and extra grades, and multiple percentages for firsts and seconds across nearby and western hennery whites and browns.

New York Egge

Poultry Prices and Freight Rates Summary

Poultry market data lists fresh and frozen chicken prices by category such as fowls and old roosters, plus turkey and duck pricing. Freight and express rates appear for live poultry movements, with variations by method and destination.

Pacific Coast Shell Express

Wall Street Briefs: Argentina Trade Surplus and Mergers

A cable from Dr. A E Bunge reports Argentina's year to date trade balance at 10.9 million dollars versus a 16 million deficit a year ago. Government revenue sources except customs duties show higher yields. Associated Telephone Utilities buys Feedsburg and Kearney Telephone firms. Standard Gas and Electric reports 75.59 million dollars net earnings for the year to April 30, down 2.25 percent from the prior period.

New York A. E. Bunge Banco de Laz Nacion Argentina A. Iselin and Company Republic Standard Gas and Electrc Company

Wheat prices ease after spring drought rallies

Chicago grain reports wheat prices averaged lower despite rallies tied to increased drought in spring crop territory. Trading in Chicago on June 15 reflected the weather-driven bid, with corn and oats activity noted but not detailed.

Chicago

Wheat Harvest Progress and Market Shifts Reported

Winter wheat yields look strong with Texas and Oklahoma showing higher per acre returns than government estimates. Corn oats and provisions move in mixed directions as new domestic wheat arrivals press selling and rains in Kansas spark wet harvest talk, while Canadian spring wheat lags.

Texas Oklahoma Kane Liverpool Kansas Croperperta

Cincinnati Produce Market Report Sparks Mixed Prices

Cincinnati market notes show quiet demand for kegs and extra flat trades with limited movement. Nearby ungraded fruit and produce trade at modest levels as buyers wait for clearer pricing signals.

Baltimore Livestock Prices and Receipts Report

Baltimore livestock prices and receipts list cattle categories with price ranges for steers bulls cows and heifers. Sheep and lambs hogs calves are shown with varying grades and weights reflecting supply levels in June.

Pittsburgh Livestock Prices Report Western U S Dept Agr Hogs Cattle Calves

Hog prices mixed with steady overall trend. Light to heavy weights range from 6.60 to 7.75 per hundredweight with sows 4.50 to 5.00. Cattle see steers 7.59 to 8.50, heifers 7.25 to 8.25, cows 4.25 to 5.75, bulls 4.25 to 5.50. Calves and sheep show gains with milk fed calves 7.25 to 9.00 and lambs 8.00 to 9.50. yearlings and other ranges noted.

Baltimore Pittsburgh U. S Tromg

Trade Trends in Automobiles Copper Steel by AP

The Associated Press reports a large potential car demand due to obsolete models, with 5 million units in the United States. Copper prices are steady, fabricators cover future needs, and steel warehouses cut prices on bars, sheets, and strips in the Chicago district.

Associated Press C. C. Hanch National Association of Finance Companies United States Chicago

Chicago Livestock Prices Mixed as Cattle and Hogs Move

Chicago market notes show hogs steady to lower with most classes down 10 to 26 cents while cattle and calves weaken midweek. Slaughter hogs 6.35 to 8.85 per hundredweight. cattle and veal mostly steady to 25 cent declines with steers 7.25 to 9.00 and fat lambs 5.00 to 9.25, reflecting uneven demand across weights.

Curb Market Mixed After Listless Sessions In New York

New York curb market shows divergent trading with utilities rising early but closing lower. Turnover in the day totals 210000 shares, the lightest five hour volume since January, while major issues like American Gas and Electric and Humble show fractional declines amid sporadic selling. Gulf and Vacuum hold, Newmont Mining slips on light activity.

New York American Gas and Electric Gulf

Rate Cut Approved for Refined Oil Shipments

Washington June 15 The Interstate Commerce Commission approved a 25 percent cut in railroad rates on refined petroleum products from the Mid-Continent field to aid carriers against pipeline and motor truck competition. Some pipelines already handle gasoline and crude oil, and railroads had sought 65 percent of the basic rate, but the commission rejected that level as insufficient compensation.

Washington Interstate Commerce Commission

Eightieth Division Veterans to Attend Pittsburgh Reunion

The national convention of the eightieth division AFEF gathers in Pittsburgh August 6 to 9 with many former officers invited. Leading attendees include Major General Adelbert Cronkhite, Secretary of War Patrick Hurley, Colonel William Waldron, Brigadier General George Jamerson, Brigadier General Frank Cocell, and Major General Ephraim Peyton.

Pittsburgh Eightieth A. FE. F Smoky City J. J. Madden 80Th Veterans’ Association Adelbert Cronkhite Baltimore Fort Benjamin Harrison Indiana Frank 8. Cocell 319Th Infantry Regiment Fort Houston Texas Ephraim G. Peyton 320Th Infantry Eightieth Division Atlanta

Also Mentioned on This Page

Oteel Failo Paige France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Montreal Mexico City Sv Eenens Sopy Tanda Elie i Tot Eenene Eoce Eace Standard Statistica Co Ind R.R Euewceses C. B. Hancock Investments N. Y. Stock Exchange Bryan, Kemp and Company West Virgalan Hotel New York Stock Exchange New York Curb Exchange Richmond Stock Exchange Bluefield, W. VA James Eb, Mann Jack R. Younger Adams Express Oon Krueger and Toll Lowe's Inc Wwe Lily American Internat Louisville Nashville American Loco Louisville Gas and Electric Sudium American Rolling Mills Wenne Eens McKeesport Tin McKesson and Robbins Ensenness Wb Mack Truck Ee American Steel American T. and T Nash Motors Ee Atlas Powder National Biscuit Eens Sewe Ween Bory Auburn Auto National Cash Register Aviation Corpn National Dairy Products Seoe Aay Vessal Baldwin Loco National Power Amd Balto Nevada Barnsdall North American Co Otis Elevator Borden and Co Pacific Gas and Electric Brooklyn-Union Gas Pacific Lighting Briggs Mtg Packard Motore Byers Pan-American Petroleum Zita Calif ooLe Paramount Publix Weewee Pathe Exchange Canada Ncsesenenessen Penick Canadian Pacific Penney J.C Pennsylvania “Railroad Corre de Paseo Phillips Petroleum Chesapeake Corpo Pillsbury Flour Chesa Prairie Chicago Great Western Proctor and Gamble St P. and Pac N. J Milan Radio Corporation Reo Motors Cnee Republic Steel Wewenee Reynolds Tobacco Congoleum Nairn Royal Dutch Seewee AOE Niedenten Sientee St. Joseph St. Louis San Francisco Continental Canaero Seaboard Air Line Aeene Continental Motore Man Sears Roebuck Continental Oi Corn Products Mae Shell Union Oil Ence Sy i Crucible Steel Simmons Bed Curtiss-Wright Davison Chemical Southern Pacific Delaware and Hudson Southern Railway Li du Pont Saoeemos Standard Gas Soncneoves Connee California Standard Oil New Jersey Erie Stewart Warner Federal Water Service Ential Stone and Webster Somone Fox Film Studebaker Freeport Texas Texas Corporation General Amer Texas Gulf General Asphalt Timken General Electric Anne Transamerica Corp Aeeene General Foods United Aircraft Gillette Safety United Carbon Glidden Co United Corpn United Gas Impr Graham Paige Great Northern Grigsby Grunow S. Steel Vieiiities Power St. Wan Goodyear Tire Vanadium Steel Ceneeene Hayes Body Virginia Caro, Chem Ee Hershey Eer Auenhees Wattgr. Digg Momse Cieeeen Maryland Illinois Western Union Willye-Overland Eae Woolworth En Johns-Manville Ae Worthington Pump Ware Kelvinator Ee Et Liberty Toledo Grain NEW York Poultry Wall Street Briefs Associated Telephone Utilities Company Feedsburg Chicago Grain Cincinnati Produce Cinennati Baltimore Livestock Pittsburgh Livestock Chicago Livestock C. C Rie Guerenty Investment Co Charleston, W. Va Charleston, West Vinonna Pocahontas Fuel Company Pocahontas Tidewater Great Lakes Atlantic Coast Atambert New Bedford Mass Salem, Mass Mystic Wharf Boston Portland, Maine Sandusky Boston, Mass Cincinnati, Ohio Chicago, Detroit, Mich Moxey, Savon & Co., Ltd Jime Street Square London England Coal Trading Association Rotterdam Frederick Gundersen Bergen Pinto Basto & Co.,, Ltd Lisbon A. Henry Cor & Cleric Via Lomellin Genoa Arthur Felldin Drottpmegatan Stockholm Aktibbolaget Bergbrun Gotherburg Carr Brim Gump BY Sidney Smith Cave Man Tom Carr Bim Tom Nim Bimbo SeIge Cumstock Australia
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