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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 29 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 22, 1932

Page

9

Markets EndMixed In Final Minutes Of Trading

New York stocks slumped through most of the day but rose in the last hour with numerous net losses amid weak demand and the new stock transfer tax concerns. Ralls led gains briefly while American Smelting and American Telephone showed declines. volume reached 491,988 shares. In Essen counterfeiters stamped Hitler swastikas on bills, while keeping political loyalties secret.

New York Ralls American Telephone Wall Street

Bond market shows mixed results on U S and foreign issues

New York bonds posted varied moves as U S government issues rose slightly while foreign government obligations moved differently. Railroad bonds were mixed with a small lot of Big Four refunding 66 of 1941 trading at a 25 point concession from prior levels.

New York United States Big Four Railroad

Curb Market Drifts Amid Uncertain Trading in New York

The New York curb market drifted irresolutely with slight gains forming in popular issues as trading stalled. Market observers noted cautious sentiment and slow turnover with no clear directional trend evident.

New York

Market Wrap Reports Mixed Trading On Quiet Exchange

In a heavy market with sagging board activity a large portion of stocks moved slowly. The turnover was about 80 000 shares, slightly above yesterday. Chesebrough traded at 74 in a notable transfer, vs a higher price earlier. Old Standard group member and petroleum products showed limited activity. Oils stayed quiet, utilities mixed, and industry shares neglected.

Chesebrough Vev

Wall Street Briefs Seeks Lower Exchange Fees Amid Trading Debate

New York reports mild agitation for reducing stock exchange commissions with brokers among supporters. Current fees of 7.50 per 100 shares for under 10 are seen as heavy on low priced stocks. The American Metal Market notes steel output dips again but cites ingot liquidation skewing demand signals as finished steel shipments rise.

New York Stock Exchange Commission

Foreign exchange rates in New York June listing

The foreign exchange desk in New York quotes interbank rates for major currencies. Britain at 3.63 dollars demand, 3.62% cables, 60 day bills 3.605. France 3.9316 demand, 3.93 cables. Other markets shown include Germany 23.74, Holland 40.34, Norway 17.89, Sweden 18.64, Denmark 19.84, Switzerland 19.54, Spain 8.24, Portugal 3.35, Argentina 26.79, Brazil 7.59, Tokyo 29.69, Shanghai 30.25, Montreal 86.37, Mexico silver peso 27.55. (x) indicates nominal rate.

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

Treasury Receipts and Expenditures Reported

Treasury receipts for June 18 totaled 23 586 050.01 dollars with expenditures of 18 460 858.27 dollars and a balance of 677 144 506.45 dollars. Customs duties for the first eighteen days of June amounted to 10 987 229.55 dollars.

Washington Treasury

Call Money Rates Steady Across New York Markets

New York call money remains steady at 2 percent all day. Time loans hold at 1 percent for 60 to 90 days and 4 to 6 months. Prime commercial paper at 2 percent. Bankers acceptances unchanged.

New York

Government bonds closing prices and quotes

United States government bond market reports closing prices for Liberty 3s First 4%6s Fourth 4%48s Treasury 4% 47-52 issue and related Treasury securities with quoted levels including 104.29 and 102.12, along with 99.31 and 98.16 for specific 3% issues.

New York United States Liberty Treasury

Coffee futures ease on ceiling for Brazilian account

New York June 21 coffee futures drifted lower as traders priced in a ceiling for Brazilian account. No 7 contracts opened flat then closed 8 to 10 points down with 1,000 lots traded. Santos contract opened 1 to 9 lower and closed 12 to 15 lower with 3,000 lots. Closing quotes listed for No 7 and Santos across July, September, December, March and May maturities, with Santos in the 8.81 to 9.40 range for near months.

New York Santos Ws Coffee Dall Rio

Butter Prices Steady Amid Mixed Dairy Scores

Butter in Chicago on June 21 remains steady with fresh grade scores ranging from 93 to 87. Centralized carrots show scores from 90 down to 88 with percentages noted, indicating uneven quality across samples.

Chicago

Sugar Market Quiet as Philippines Demand Prevails

New York notes a subdued market with a single confirmed sale of 9,000 bags of Philippines for July August to an outport refiner at 2.90 or 3 below yesterday's price. The July contract closes at .78, September .84, December .99, January .91, March .95, May 1.01 with refined sugar steady at 3.90 for fine granulated.

New York Philippines

Grain trading hampered by steep tax hike prompts curtailment

Chicago grain markets report trading restricted by a 400 percent tax increase, causing significant curtailments in activity throughout the day. Traders noted sharp declines in volume and concern over price signals, with no immediate relief in sight.

Wheat market falters as taxes curb small trades

Prices tumbled in final dealings as split trades of fractions were booed by traders citing new higher taxes making such deals unprofitable. Some blamed farm board allies for the late market break with wheat closing at day’s lows, corn down around four percent, oats off, and provisions mixed with small gains and declines.

Indigitant Braxere Farm Board

Toledo Grain Prices Hold Steady In Monday Trading

Toledo grain markets show steady pricing on June 21 with No. 2 red wheat at 4344 and No. 1 red wheat 44 45, others unchanged on a 28 percent crate basis.

Toledo

Cotton and Rayon Prices Mixed in Dry Goods Market

Dry goods in New York saw light demand for cotton fabrics with irregular finished cloth prices. Rayon prices fell again by 10 cents per pound on 150 viscose fiber, while burlaps remained quiet.

New York

Pittsburgh Livestock Prices from June 21 Report

U S Dept. of Agriculture notes Pittsburgh market activity for hogs cattle calves and sheep. Hogs steady with holdovers and price bands 4.20 to 4.60 for various weights. Cattle mixed with steers 835 to 975, cows 2.85 to 4.00, calves 3.50 to 6.00. Sheep lambs and yearlings show steady demand with prices 3.00 to 7.50 dependent on weight and grade.

Pittsburgh Produce Prices Taft in June Market Roundup

Produce map shows steady to weaker prices for various items in Pittsburgh on June 21. York Baldwins sell at 1.50 per bushel basket. cabbage at 39 carloads. Tennessee crates 60 lb at 1.00. Ohio crates 100 lbs at 1.50. potatoes 45 cars with Virginia Cobblers at 3.26. Other items unchanged.

U. S. d Pa York Baldwins Tennessee Ohio Virginia Cobblers

Egge Unchanged in Cincinnati Produce Market

Cincinnati June 21 unchanged Egge in the local produce market as buyers held steady and prices showed little movement. Traders reported light activity and steady demand across vegetable and fruit listings.

Cincinnati Egge

New York Poultry Prices Steady Across Varieties

New York Poultry market reports parity steady with roosters turkeys fowls and ducks all steady. Prices listed include roosters at 11, turkeys 15 to 20, and mixed lots around 14 to 16 percent net. total firm at 49,096.

New York

Chicago Livestock Price Report June 21

Hogs 15 000 with 1 000 direct steady top 4.10 pigs 3.25 60 packing sows 3.10 59 good and choice 140-160 lb hogs 3.50 4.00 160-200 lb 3.75 4.10 200-250 lb 3.90 4.10 260-360 lb 3.60 4.00 Cattle 5 000 calves 2 000 steady to strong slaughter cattle and vealers steers 600-900 lb 6.75 8.00 900-1100 lb 6.75 8.00 1100-1300 lb 6.75 8.10 1300-1500 lb 6.75 8.10 common and medium 690-1300 lb 4.25 7.00 heifers good and choice 560-850 lb 6.00 7.00 common and medium 3.75 6.00 cows good and choice 4.25 5.00 common and medium 2.50 3.25 Sheep 11.00 mostly steady lambs 90 lb down good and choice 6.00 7.00 medium 5.25 6.00 all weights common 4.00 5.25 ewes 90-150 lb medium to choice 1.00 2.25 all weights cull and common 0.50 1.75

Pittsburgh U. S. Dept Chicago Baltimore

Baltimore Livestock Prices Steady Across Cattle and Hogs

Baltimore cattle and hog markets report steady to slight moves. Cattle records show steers to 6.25 and cows around 3.00 to 4.00, calves 5.50 to 6.50, hogs and sheep steady with Western hogs rising 10 to 20, spring lambs 7.00 to 7.50, and pigs at 4.15.

Jersey City Livestock Market: Cattle and Sheep Prices

Jersey City June 21 cattle 240 head direct, vealers 880 with 740 direct. Vealers weak 60 lower, calves about 3.50 to 5.50, sheep and lambs 11,090 with 7,650 direct. Lambs 7.00 to 8.00 for good to choice, medium 6.00 to 6.50, common 4.50 to 5.50, ewes to good 2.25 to 2.60.

Jersey City

Trade Trends and Industry Signals Across Sectors

The Associated Press notes June first-half building contracts in 37 eastern states total $57.8 million, down from prior periods. It reports canned peach packers seeking stability and control agreements amid fluctuating prices. Cotton consumption by American mills is set to around 12.4 to 12.5 million bales, below earlier projections.

Associated Press Rockies F. W. Dodge Corporation

Oakland triangle tragedy echoes Snyder Gray case

PLOW principals in a parallel to the Snyder Gray affair unfold in Oakland California. Unwanted husband Harry A. Nelson war hero and Alameda county deputy assessor died from injuries police say were caused by Claude Forbes, the wife’s sweetheart, in an alleged plot to remove Nelson. Forbes was later arrested at Santa Cruz after eloping with Mrs. Nelson and reportedly laughed at the news.

Plow Snyder- Gray Oakland Calif Inset Harry A. Nelson Alameda County Claude Forbes Nelson Forbes Santa Cruz

Scott Street Baptist usher board to meet at Mrs. Hancock's home

The usher board of Scott Street Baptist church will meet at Mrs. Ethel Hancock's home Wednesday at 8 o'clock. All members urged to attend for important business. A special legion meeting follows at the Scott Street Y M C A at 8 pm with all legionnaires and committee men requested for convention program and activities planning led by post commander W. W. Anderson.

Scott Street Baptist Church Ethel Hancock Legion Scott Street Y. M. C. A Legionnaires W. W. Anderson

Junior Missionary Meeting At Bethel A M E Church

Junior M 8 and members of the Junior Missionary society of Bethel A M E church are asked to gather at Mrs M L Clarkston home on Jones Street this evening at 3 30. Colored Personal Mrs Dorecus Craig is very ill at her home 305 Park Street.

Junior Missionary Society Bethel A. M. EB. Church M. L. Clarkston Jones Street Dorecus Craig Park Street

Borah Pushes Plan to Restore Saloon Platform

Senator Borah of Idaho attacked the Republican convention prohibition plank in a Senate speech. He quoted Postmaster General Brown predicting a return of the saloon and said he would not back Hoover on the party platform. Borah, a dry spokesman, had worked on a plan to modify the eighteenth amendment but concluded change requires the saloon's return.

Washington Brown Senate Borah Idaho Chicago Hoover Idahoan Congress James R. Garfield Resolutions Committee Illa

Prohibition plank sparks party discord over repeal timing

The article notes Borah urging enforceable law until Congress changes the eighteenth amendment, prompting Garfield to accuse him of misinterpretation. The dispute centered on the prohibition issue at the party convention and Borah's controversial speech.

Also Mentioned on This Page

Bluefield Daily Telegraph Bluefield W. Va Sases Hitler Essen Adolf Hitler National Socialist Standard Statistics Co Seree Pac Gas Elec Alaska Juneau ioeoGnaet Kodak Ieme Seeeee Alleguyy Ermlical Ees PT Paramount Publix Allomy Penney J. C Pennsylvania A America Foster Wheeler Phillips Pet Freeport Texas Pilisby Flour American Rolling Il Proctor and Gambler Service Radio Corp Tee Neral Ameri American Luger Neral Motors «Wesse Pete Keith Orpheum Goodyear Tire Seaboard Air Line Sears Houston Ceeeuseee Ll Simmons Bed Roebuck Eeee Atlantic Refining Hudson Motors Sessree F Socony Vacuum Eeene Auburn Auto Aviation Calif. Edison Balto A. Eeneeeere Int Wee Southern Pacific Bendix Aviation Int. Harvester Southern Raiway Best and Co. International Standard Bethlehem Steel Int Nickel Borden and Co Johns Manville Int. Tel Tel Ntandard O Brooklyn Man Trana Seeeeene Stewart Warner Cse Brooklyn-Uniton Kennecott Copper Eee Stone and Webster Briggs Ml Studebaker Seeeewee Canada Transamerica Lowe's Inc. Lorillard Tob Steeeee Il Il Union Carbide Union Pacific Sses Wichesa United Aircraft Sseevees Bn P Western McKeesport Tin United Corpu Seeeeenee Cc R. Laed Pac McKesson and Chrysler Mathieson Mexican Seaboard Pet Kan Col Ges Biec Montgomery Ar Lt Tal Ind R.R N. Y. Stock Exchange Bryan, Kemp and Company West Virginian Bluefield, W. VA New York Stock Exchange New York Cotton Exchange New York Curb Exchange Chicago Board of Trade Richmond Stock Exchange James E. Mann Jack R. Younger Wall Street Briefs First National Bank The Chicago Grain Toledo Grain Pittsburgh Livestock Boots Ieee Oy Oe Cincinnati Produce NEW York Poultry Chicago Livestock Baltimore Livestock News OF the Colored People Party Platform Wone Waanen Marlene Dietrich Clive Brook Vitagraph Universal Com O la Alexander Harry Bowen James Ellwood Jones H. R. Hawthorne Arthur J. MacBride Gales R. L. Wallace Pocahontas Fuel Company Incorporated ONE Broadway Pocahontas Tidewater Great Lakes Gandock Atlantic Coast Lambert's Point Newall's Norfolk Newport Ows Ane New Bedford Mass Salem Mystic Wharf Beseton Portland Maine Sandusky Boston, Mass New Boater Pine Maines Hertel, Va Chicago, Mn Etro Stren’ Banere London Dee A Wenglangs Martin KLOWN Zander Henrietta Mal Sidney, Smith Nere Meen Weill
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