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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 20, 1928

Page

9

Liquidation of Weakened Accounts Motives Markets

Markets opened lower as weakened marginal accounts liquidated and bear selling continued. A mid day rally gave way to a late drop before a rally near close as short interest rose in high industrials. Steel and railroad shares fell to year lows amid rate pressures and a global drift.

Stanel W. Prenosil Associated Press New York Commission Middlewest Banditary Corporation Anaconda International Combustion General Motors Issus U. S. Steel Common Wilkinson Crucible Company Steel Common Crucible Republic Youngstown American Machine and Foundry Brooklyn Ediso Case Threshing Warren Broa Delaware and Hudson Wabash Common Union Pacific Chols Central Lackawanna Chicago Northwestern

Bond Prices Drift Down as Markets Stay Listless

The bond market moved lower with overall weakness though a few utilities and secondary rails saw demand. U S government bonds eased, Liberty third S's firmed slightly, and Pierce Arrow Ss reached a new yearly high at 99. Ulster and Delaware convertibles rose by six points while the foreign list also showed irregular moves.

New York U. S Liberty Pierce Arrow Ss Uulies Ulster and Delaware

Foreign exchange rates mixed in New York across major currencies

New York June 18 AP reports mixed foreign exchange quotations with Great Britain at 1-16 demand and 60 day lis on banks 4S4! France around 5.93 with cables 3.93 1-16, Belgium 11.96, Germany 1.88, Holland 10.20, Norway 7, Sweden 26.52, Denmark 26.80, Switzerland 19.27, Spain 16.46, Poland 11.25.

New York Great Britain France Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Poland

Unreadable OCR Item? Finance and Coal Mentions

fragmented OCR lists various terms including American Finance and American Coal references. scattered numbers and percentages appear with no clear event or narrative. no identifiable people or organizations beyond the two currency tokens.

Market rates show mixed calls and firm loan terms

New York AP reports call money near 6 percent with bids around 5 to 6 percent. Ruling rate for closing bids holds at 6 percent. Time loans remain firm with 60 to 90 days at 5 percent to 6 percent, 4 to 6 months seen, prime mercantile paper and alterations unchanged.

New York I. 19 Strangoh Prime Mercantile

Sugar futures edge up as hedge selling weighs on market

Raw sugar rose 1.32 cents with 25,000 bags of Porto Rican for late June delivery at 4.99 per bag. Early futures faced hedge selling and liquidation. the close showed little change to down two points with July at 2.53 and May at 2.75. Refined sugar held at 6.05 to 6.10 for fine granulated.

New York

Produce market report from Pittsburgh on June 19

AP dispatch shows U S and Pa agriculture departments reporting produce prices and stock levels. Maine green mountains potatoes No 1 1.75 to 2.00 per 150 lb sacks. Virginia and North Carolina staves 2.40 to 2.75. beans from North Carolina and Maryland hampers 1.50 to 2.00. celery Florida 3.00 to 35.25 per crate. sweet potatoes Nancy Hall 2.50 to 2.75. overall movement steady to dull for several items.

Pittsburgh U. S Depts Maine Green Mountains Virginia North Carolina Maryland Florida Tennessee Nancy Hall

Butter Markets Steady in Chicago Trade Lacking Volume

Butter prices show a steady tone in Chicago with a little improvement but no active trading. Market data hints at unchanged averages around 4 and 90 scores, with centralized listings indicating scores in the upper 80s to mid 90s and varied percentages across different lots.

Chicago

Unclear listing of local business lenders and coal firms

Fragmented OCR reads show many company names and places including First National Bank Building Bluefield War Crest Coal Monte Vista Cemetery Park and Ashland firms. Text appears as a disjointed commerce ledger or advertisement with scattered references to loans and coal相关 entities.

Poultry Prices Steady in New York Trade

Poultry prices in New York on June 19 show steady markets for live poultry and broilers. Freight and express rates are listed for turkeys, fowls, and old roosters with slight variations across transport methods.

New York

Dry Goods Market Report from New York

June report shows quiet steady demand for new printed velvets and Canton silks firm while raw silk softens in Yokohama. Burlap eased in Calcutta and locally knit goods stayed quiet.

New York Yokohama Canton Calcutta

Grain market slides as corn hits new delivery lows

Chicago June 19 AP reports extreme corn weakness with new crop deliveries at record lows for the station as favorable growing weather prompts broad selling. Wheat gains 6 to 8 cents, oats fall 1 to 2 cents, and provisions move from a decline to a small rise.

Chicago

Wheat and corn price report from Toledo seeds market

Wheat No 2 red at 172 and 1.78 percent. corn cash No 2 yellow at 1.06 to 1.07 with cash basis noted. location Toledo Ohio and date June 19.

Toledo Ohio

Market Report Shows Mixed Grain and Cattle Movements

Grain prices for oats rye and clover seed shift with domestic and imported lots. Cattle receipts reach 7,000 with calves at 4,000. trade remains generally steady as grain fed steers show moderate activity.

Hogs Receipts Boost Chicago Market Close

U S Department of Agriculture reports hog receipts at 23 000 in Chicago with the market closed for the day.

Chicago U. S. Dept. of Agriculture

Live Stock Market Prices and Week's Market Report

Receipts show 5 000 sheep with Tuesday runs since mid November 1926. Light kinds lead demand with grass cattle and grass steers. West Yearlings at 14.85 and heavies 14.75. Slaughter steer classes range 13.50 to 18.40 per hundredweight with various weights and grades, cows from 6.00 to 11.75, vealers around 11.00 to 16.00, and stocker steers 11.75 to 13.00. Lambs steady to strong with natives up slightly. ewes 4.00 to 7.25, births not listed.

Campbell Sees Solid 1928 Outlook From Youngstown Sheet

James A Campbell president of Youngstown Sheet and Tube reports first half 1928 earnings at $3.87 a share on common stock with net $4,218,258. He notes the half year sales volume was ahead of 1927 and expects the positive trend to continue through the year.

New York Youngstown James A Campbell E Company Campbell

Receipts and Grade Prices for Livestock

Receipts show varied prices across cattle and sheep categories. Steers and heifers list several grades with prices ranging roughly from 6.75 to 14.00 per unit, plus feeder stockers at 0.25. Calves and pigs appear with mixed figures, while totals include a 50 unit receipt and notes on heaviest hogs and miscellaneous items.

Also Mentioned on This Page

Indus Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Montreal The States Government United Liberty Sower Treasury Moses ‘Lyman First National Maldine Welch West VA American Finance Kil Rey Coal Ar Creek McDowe Arma. Sanitary Bottling Welch Armature Ast Bluefield Market Amn Ra’ AW Vvsrcdees B Hancock Apnaleachian Sieestre Poem Co Ashland 1 & Cone Co Wittarney Binokeless Coapenhertes See! Co Majestic Collertes Sycamore Kansas England Italy Egypt India Houston By Ahern Mistah Bluefield West Virginia Welch West Virginia Law & Commerce Grimothus Cash Isaae T. Mann James Blwood Jones A le Alemco Mgr Bales R.hernet Gales H.R. Hawthorne Eta Pocahontas Fuel Company Pocahontas Ral Tidewater Great Lakes United States Carenes Pocahontas Fie Fany Incorporated Suphur Total Eenen Thermal Unite Pocahontas Fuel Company Broadway Norfolk Boston Mass Board of Trade Cincinnati Traction Cortland Pocahontas Wharf Fort Moulton New Bedford Hillman Street Feet Onion Fuel Ag Iy Transportation Lambert's Point Gowell’s Point Newport Gorfeapond Pocahontas Fuel Co., Inc No. 1 N. Y Hontas Watkine Beatt Western Union Lieber Wall Street Briefs Baltimore First National Bank Strongest Bluefield, W. VA Macdie Tor Father By Memanas Corporation Bluefield Gas & Power CO Bland Street Permanen Punisrere Goonenee and Bes Bracchepf
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