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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 31 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 17, 1933

Page

9

Wall Street ends higher after crowded session and mixed moves

New York traders saw a volatile carryover with a late rally lifting the closing average slightly. Major issues such as United States Steel and Bethlehem Steel led gains, while Case and Union Pacific lagged. the dollar slipped as London talks continued and agricultural policy plans loomed.

New York Wall Street Treasury London Congress Antil United States Steel Bethlehem Allied Chemical Chrysler Montgomery Ward Standard Oil New Jersey Woolworth du Pont Consolidated Gas Case Union Pacific Ashington Department of Agriculture

Bond Market Sags Amid Weak Rail Loan Demand

The bond market weakened as renewed weakness in secondary rail loans reflected nervous stock conditions. Prices drifted lower across all categories with trading volume shrinking to 12.52 million dollars par value, down from 14.47 million the previous day. The average for 60 domestic corporate issues fell by six tenths of a point.

New York

Hancock Investments and Appalachian Electric Power Co issue

Appalachian Electric Power Company issues 6 and 7 percent preferred at market price. B Hancock Investments notes June 16 close for common, with details on preferred at market price and closing remarks.

Appalachian Electric Power Company Orice Common

New York Stock Exchange Quotations Vanished

Bryan, Kemp and Company report vanished quotations affecting NYSE listings. Includes contact details and mentions of New York Cotton Exchange, New York Curb Exchange Associate, Chicago Board of Trade, and Richmond Stock Exchange with offices in Bluefield, West Virginia.

NY Stock Exchange Bryan, Kemp and Company New York Stock Exchange New York Cotton Exchange New York Curb Exchange Chicago Board of Trade Richmond Stock Exchange

Government bonds closing figures for New York on June 16

United States government bonds closed with Liberty 3 1/2% at 102.17 and Fourth 4% at 103.3. Treasury bonds ranged from 106.12 for 4 1/2% to 110.4 for the 4% 8s, with additional 3% issues at 104.24 and 102.11.

New York United States Liberty Treasury

Foreign exchange rates listed for major currencies

New York June 16 Foreign exchange strong with Great Britain at 4.07 percent for demand and cables France 4.74 percent Italy 6.31 percent and various European and international currencies shown with demand and cable figures including Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentina Brazil Tonyo Shanghai Hong Kong Mexico City Montreal and New York Montreal exchange values noted as nominal.

New York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tonyo Shanghai Hongkong Mexico City Montreal

Call Money Steady Across New York Markets

Call money in New York remained steady at 1 percent all day. Time loans held at 1 percent for 60 to 90 days and 4 to 5 months, with 6 months at 1 percent. Prime commercial paper at 1 percent. Bankers acceptances unchanged.

New York

Curb Market Mixed as Alcoa Stages Late Advance

The New York curb market showed erratic trading with alternating rallies and reactions. Aluminum Company of America pushed to a net 1% gain in a closing flourish after earlier losses, while oils traded closely behind.

New York Aluminum Company of America

Market Stages Mixed After 3 Point Loss for Humble and Gulf Dip

General market edges lower with Humble slipping three points while Gulf fell by one. Electric Bond and Share rose slightly. Commonwealth and Edison up one percent and Columbia Gas along with Electric preferred up about three. Transfers near 910000 per day versus 832000 prior.

Humble Gulf Commonwealth and Edison Columbia Gas and Electric Preferred

Treasury Receipts and Outlays for June 14 in Brief

Treasury receipts for June 14 totaled 8,860,677.68 with expenditures of 12,414,605.94 and a balance of 268,136,103.50. Custom duties for the first fourteen days of June reached 9,879,491.23.

Washington Treasury

Toledo Grain Prices on Track for Wheat Corn and Oats

Grain quotations from Toledo on June 16 show No. 2 red Wheat at 71 to 72, No. 1 red 72 to 73, Corn No. 2 yellow 42 to 42.5, No. 3 41 to 41.5, and Oats No. 2 white 28.5 to 29, No. 3 28 to 29. These nominal rates reflect a 284 rate basis and indicate a steady grain market.

Toledo

Butter Prices and Pullman Car Fact

Butter markets in Chicago on June sixteen show steady, fresh grades with 93 and 92 scores noted amid a range of 89 to 93. Centralized carrots list 90 and 89 as notable figures. The first Pullman car entered service in 1859.

Chicago

Wall Street Briefs Bankers acceptances drop in May

New York reports bankers acceptances outstanding fell by 28,002,029 from April 30 to 668,811,328 and were down 118,603 versus May 31, 1938. National Lead Co. says current sales run 50 percent above Q1 average, though the first quarter was among the poorest in years. New state and municipal financing for next week totals 6,864,592 versus 32,878,353 for the past week per Daily Bond Buyer.

New York National Lead Company Edward J. Cornish

New York Raw Sugar Prices Steady Amid Quiet Trading

New York on June 16 reports no spot sales with prices holding at 3.35. Total 24,200 tons sold with July at 1.382, Sep 1.34, Dec 1.41, Jan 1.42, Mar 1.48, May 1.52. Refined market sees moderate withdrawals against old contracts and fine granulated at 4.60.

New York

Cotton goods firm as traders await processor tax impact

New York June 16 reports cotton goods firm with hesitancy over a proposed processor tax under agricultural legislation aimed at aiding cotton farmers. Rayon prices expected to rise sharply for September orders as raw silk buyers grow hesitant. Heavy silks sell well for fall while wool goods remain firm with mills holding substantial orders.

New York

Pittsburgh Produce Trade Shows Modest Demand

Pittsburgh market bulletin reports moderate demand for produce on June 16. Apples show small gains with New York Baldwins at 90 cents to 1.00 per basket, Russets 70 to 75, and Russets mid range 60 to 65. Potatoes rise with 38 carload offerings steady at about 1.15 for Maine Green Mountains and 1.00 for Michigan rurals. North Carolina Cobblers sell at 3.25 per 50 sacks, 1.85 per 100 lb sacks. Butter eggs cheese and poultry unchanged.

Pittsburgh U. 58 New York Maine Green Mountains Michigan North Carolina

Chicago Livestock Prices and Market Update

Chicago livestock market report shows total head counts and price ranges for hogs and cattle. Hogs total 21,000 with 12,000 direct, prices from 3.60 to 4.75 per 100 pounds live, and sows 3.80 to 4.10. bulk 190 to 300 pounds. Cattle and calves totals around 2,300 with varied demand and prices from about 4.75 to 7.25 for different weights and grades. grass cattle and grain feds noted with fluctuation in value.

Chicago U. S

Livestock Market Prices Report for Heifers Cows and Lambs

Market summary shows heifers at 4.75 to 5.85 per hundredweight for common to good and Chalice 650-750 lbs. Cows range 3.00 to 4.25 for common to good. Lambs around 7.25 to 8.00 for 90 lb quality with natives and Californias 7.50 to 8.00, steady to strong with uneven gains.

Baltimore Livestock Prices Reported June 16

Baltimore livestock market report shows cattle mixed with steady bulls and steers. Bulls good to choice bring 3.25 to 3.50 per unit while steers reach 5.75 to 6.00. cows and heifers also steady with multiple grade ranges. sheep and lambs steady with lambs 5.00 to 5.50. hogs and pigs steady with varying weights. calves 3.25 to 4.00.

Baltimore

Jersey City Livestock Trade Report

Cattle total 1,170 with 1,060 direct. steers steady, cows and bulls steady. Vealers 1,780 with 1,695 direct. market steady, tops 6.00. Sheep and lambs 8,570 total with 5,780 direct. lambs weak, better grades 8.00–8.26, bucks down. Hogs 30 dollars direct, market nominal.

Jersey City

Lancaster Livestock Market Report Lancaster June 16

Cattle market unsettled with beef steers and yearlings down about 15 to 25 cents from the week's average. Bulls steady, stockers and feeders mostly steady, calves and hogs slow with limited early sales. Sheep steady with choice lambs at 8.25.

Lancaster

Wheat and corn prices fall on grain market nerves

Nervousness over Secretary Wallace’s tax and acreage reduction plans spurred heavy selling in Chicago wheat today. Wheat plunged to over 6 cents below Tuesday’s top, with softening outlook from South Dakota North Dakota and Montana. Corn oats and provisions also declined, reflecting broad market weakness.

Chicago Ineas Wallace South Dakota North Dakota Montana

Pittsburgh Livestock Market Report June 16

U S Department of Agriculture notes hogs 2,700 with holdovers 700 steady to 5 higher across weights, best 4.10 to 4.75. cattle 50 slow, steers 900-1300 lbs 5.75 to 6.50, heifers and cows varied, calves steady to weak, sheep 300 steady to weak with lambs under 90 lbs at 7.25 and 4.75 for common.

Pittsburgh U. S

New York Poultry and Egg Prices Report

New York dairy and poultry pricing summary dated June 16 shows dressed poultry steady for roosters at 9 to 12 with other grades unchanged. Live poultry irregular with chickens, broilers, fowls, roosters, turkeys and ducks listed for freight and express. Egg prices vary by region with specials 18 to 20 and standards 15 to 17.

New York Teady

Trade Trend: Cloth Demand, Gas Tax Boost, Appliances Rise

Cotton mills face uniform production cuts under the national recovery act. cloth brokers warn of looming inventory backlog as weaving operates at maximum. Gasoline distributors post general advances due to an added federal tax. Retailers report rising household appliance sales, with refrigerators leading gains in three months.

Associated Press Cotton Goods Scheuer and Company

Mary Howard Dies at 208 Rock Street Residence

Mrs. Mary Howard, mother of Mrs. Pansy Wade, died Friday at 4 P.M. at her daughters' home, 208 Rock Street. Funeral arrangements have not yet been completed.

Mary Howard Pansy Wade Rock Street

Revival to Begin at Local Church This Sunday

Pentecostal church in Keystone West Virginia hosts a revival starting Sunday at 3 PM with a new pastor. Evening services follow nightly at 7 30 PM and are open to the public. Senior Bishop C F Kyle of Bluefield is expected to attend along with many others.

Pentecostal Keystone W. Va C. F. Kyle Bluefield

Boys Encamp at Camp Roland Opens in Bland Virginia

About fifty boys attend the 1933 encampment of Boy Scouts of the southern West Virginia council at Camp Roland on Wolf Creek in Bland County Virginia. Clark M Brown is resident camp director with Norvin Ovrom providing overall supervision from Bluefield. The two week program may extend if applications justify it. This year the camp is open to all boys regardless of scout affiliation with activities largely uniform. Camp periods will shift to Wednesdays with home departure scheduled midweek and a planned entertainment program.

Boy Scouts of Southern West Virginia Council Camp Roland Wolf Creek Bland County Virginia Clark M Bob) Brown Beaver High School Norvin Ovrom Bluefield Ovrom Scout Movement

Singing school closes with all day event in Ballengee WV

Prof J A Lesley ends his singing school at Ballengee West Virginia on June 25 with an all day singing. Representatives from four adjoining counties will attend and everyone is welcome.

J. A. Lesley Wills Ballengee W. Va

Meeting Plans At Mother Church For Singers And Clergy

Singers and co workers from the mother church are slated to attend a meeting for two or three nights next week. The bishop expects to be present Tuesday and Wednesday night if possible, Elder O. B. Brown, pastor.

BE. Brown

Grover Rites Sunday for Alberta Glover at Mt. Marian

Funeral service for Alberta Glover coldred will be held at 2 p m Sunday at Mt Marian Baptist church Maybeury with Rev C H Brooks Wenonah leading. Burial follows at Wade cemetery with pallbearers Vick Woodson Armstead Moore Earnest Hamlet Dave Perkins Bernard Parker C C Clars Howell Winsfield James Carter. Flower bearers Miss Lucille Lewis and Annie Lee Binkey. Glover, born June 19 1916 Maybeury, was survived by her father step mother one sister and two brothers. her mother died ten years ago.

Mt. Marian Baptist Church Maybeury Alberta Glover Coldred Hattie Gilliam Arista C. H. Brooks Wenonah Wade Cemetery Vick Woodson Armstead Moore Earnest Hamlet Dave Perkins Bernard Parker C. C. Clars Howell Winsfield James Carter Lucille Lewis Annie Lee Binkey Miss Glover

Also Mentioned on This Page

Bluefield Daily Telegraph Street Standard Statistics Co Hig Csee Low Ceee Adams Express Eastman Kodak North Amer c Otisev Alaska Juneau Au Owens [Ll Glass Alleghan Coron Elec Pac Gas Pac Lighting Allis Chalmers Ate Packard Motors Tae Amer Foster Wheeler Penick Ford Fox Film Penney J.C Freeport T Penn People's G Ei Phillips Rollin Mills Pillsbury Gen Foods Proctor and Arm's Motors Lux Signal Gillette Safety Mu Radio Corpa Cessadee Great Northern Pref Poate Er Orpheum Hershey Reynolds Metals Drygoods Reynolds Tob Royal Dutch A. T F. Ry. Atl. Erg Ate Ae Mhy Hudson Motors Ve St. Joseph Atlas Powder Yupp Motors Whee Seaboard Air Line Auburn Attto Ilinois Central Sears Roebue Aviation Corpu Int Bus Ms Int Harvester Weee Ig International Shoe Socony Vacuum Uae Calif Iaon Bendix Aviation Brooklyn Man Trans Kennecott Copper Standard Cassee Brooklyn-Union Gas Ad Ae Kresge Briggs Kroger Lambert Stewart Warner Canada Lehman Corp Stone and Webster Canadian Pacific Seeees Lehn and Fink Studebaker A Liggett and Myers B Texas Corp Cerro de Pasco Chesapeake Corpn Lowe's Inc Tae Timken Roller Bearing Uw Cc Eecwes Transamerica Corp United Aircraft Sovees Coca-Cola Ind. Alcal K. An Congole Worthington North Amer Aviation DuPont Hancock Investments Weet Virginian Hotel James Mann Bluefield, W. VA C. le Alexander Harry Bowem H.R Hawthorne Arthur J. MacBride R. L. Wallace Pocahontas Fuel Company ONE Broadway U.S. Pator Vocahontas Great Lakes Larcest Owne Atlantic Coast Tivewater Lambert's Point Sewell’s Point Norfolk Newport News Dovun St New Bedford Mass Salem Wharf Botton Portland Magee On Trsute Sandusky Bee Muce Bedford Norfok Va Cincinnati Foxes Savon & CO Ane Artis Arbocia Hmersena S&s Seruen E. Pinto BA ‘& Utd Hienagon & Cas Lamelnat Toledo Grain Wall Street Briefs Chicago Livestock Baltimore Livestock Jersey City Livestock Lancaster Livestock Chicago Grain Pittsburgh Livestock NEW York Poultry News OF the Colored People Church OF God IN Christ Wolfe Creek Singing School Grover Caei John Walt Skeezie Phyllis BELL Boots Stephen Mar Windaa Sal Sly Boots BY Martin Freckles Red BY Blosser Ver Grove Curve
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