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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 28 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 23, 1933

Page

9

Wall Street Ends Mixed as Dollar Rally Suppresses Stocks

New York stocks slipped after an early rise amid dull trading and a dollar rally. The British pound hit 4.2418, while oils and cotton fell on profit taking and a France gold standard rumor weighed on sentiment. Major issues including U S Steel and General Electric led declines of about 1 to 5 points.

New York England London United States France Wall Street America U. S. Steel American Telephone Westinghouse Union Pacific United Aircraft Harvester Woolworth Consolidated Gas General Electric Union Carbide General Motors Chrysler Sears Roebuck New York Central Baltimore and Ohio Pennsylvania Santa Fe Case Western Union National Distillers du Pont and Allied Chemical American Can Sterling

New York Bond Market Ends Session Mixed on Heavy Selling

Bonds rose up to 3 points in early trading but gave back much of the gain in the late rush as liquidation swept through stocks. Secondary securities gained earlier on freight traffic figures from individual roads signaling further improvements.

New York

Hancock Investments Raises Question on Power Company Bond

Investors note unclear terms for a $6 issue from Electric Power Company. Preferred at market appears linked to C B Hancock Investments with June 22 as a closing reference amid dated dec倾.

Stock Exchange Quotations By Bryan Kemp And Co

Quotations provided by Bryan Kemp and Company of Bluefield West Virginia as a member of the New York Stock Exchange New York Cotton Exchange and Chicago Board of Trade with the Richmond Stock Exchange also listed The notice lists telephone and association details for the trading houses involved.

New York Stock Exchange New York Cotton Exchange New York Curb Exchange Chicago Board of Trade Richmond Stock Exchange

Financial report notes mixed oil results and steady loan averages

The report indicates some oils performed better while other issues resisted improvement. Total sales reached 15,329,009 dollars at par value, and the average for 60 domestic lower loans remained unchanged at 77.7.

Foreign exchange rates listed for major currencies

New York June 22 foreign exchange firm quotes British Great Britain at 4.20 percent for cables 4.2014 and 60 day bills 4.19. France 4.88. Italy 6.51. Demands show Belgium 17.40 Germany 29.55 Holland 49.85 Norway 21.26 Sweden 21.66 Denmark 18.77 Switzerland 23.95 Spain 10.46 Portugal 3.83 mn Greece 0.70 mn Poland 14.00 mn Czechoslovakia 3.73 mn Jugoslavia 1.68 mn Austria 14.33 mn Romania 0.74 mn Argentina 32.07 mn Brazil 7.64 mn Tokyo 26.62 Shanghai 27.00 Hongkong 30.00 Mexico City silver peso 27.85 Montreal in New York 90.3742 New York in Montreal in New York 90.37% New York in Montreal 110.62% nominal.

Clos Hign Adams Express Eastman Kodak Eae North Amer Co. Peea Elee Autolite Alaska Juneau Owens Hl Alleghany Corp Pac Allied Chemical Pac Lighting Allis Chalmers Tenon Ee Fed Wat Servan Packard Motors Foster Wheeler Penick and Ford Fox Film Penney J. C Freeport Tearas Penn Gen Amer Tank Baty People’s G Tave Amer Gen Phillips Pet Mls Amer Rollin Mills Pillsbury Flour Gen Foods Proctor and Gamie Steel Pay U Ullman Radio Corpn He Amer, Water Works Keith & Chong Socony Vacuum Calif Moison Benix Aviation Tel Eal Best and Co, Ween Eee Ae Infante Bethlehem Steel Wee Oars Johns-Manville Borden and Co Kelvinator Standard Brands Brooklyn Man, Tra Kennecott Cop Standard Gas Liggett and Mersor Texas Tob Bee Ewee Transamerica Orp S. P Underwood Elliott Chicago Northwestern Elec Union Cartide O. Bones An Fanne Mekeesport Chrysler McKesson and Abving United Aircraft Mathieson United Gas. Impr Wee Mexican Seaboard Montgomery Warday Ss BA TY. S Steel Mullens Continental Can Nash Motors Warren Bro Continental Ins Nat Biscuit Warner Bros Continental Ad Cash Register Weason Western Maryland Nat. Distillers Western Union One Westinghouse Airbra New York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugla Greece Poland Czechoslovakia Jugoslavia Austria Rumenia Argentine Brazil Tokyo Shanghai Hongkong Mexico City Montreal

Curb Market Drops Late As Volume Surges In New York

The curb market ends firm session with a sharp late jolt as transfers reach 736,000 shares, led by declines in Singer Manufacturing and Parker Rust Proof. Losses of 2 to 3 points appear in Aluminum Company of America American Gas and Electric Mergenthaler Humble Oil Gulf Pittsburgh Plate Glass and Newmont Mining.

New York Singer Manufacturing Parker Rust Proof Aluminum Mevency of America American Gas and Electric Mergenthaler Humble Oil Gulf Pittsburgh Plate Glass Newmont

Wool Industry Nears Two-Month Peak Outlook

New York reports the wool manufacturing sector is almost booked for the next eight to ten weeks as hours and wages rules under the national industrial recovery act will be drafted. Commercial Credit stockholders authorize par value change to 10 dollars and retirement of 45,948 shares with repurchases of 54,052 shares at up to 20 dollars each. Authorized common shares cut to 2,000,000 from 3,000,090 and A convertible down to 600,000 from 1,000,099. Wall Street expects Baltimore and Ohio Railway to show a June earnings balance on preferred stock.

New York Sayls Commercial Credi Company Commercial Credit Management Com

Grain prices in Toledo on track for 284 rate basis

Toledo grain prices list on June 22 shows Wheat No. 2 red 75.4 to 76. No. 1 red 76.4 to 77. Corn No. 2 yellow 46.46% No. 3 yellow 45.45. Oats No. 2 white 34.44 34% No. 3 white 33.34.

Toledo

Treasury Receipts and Expenditures for June 20

Treasury receipts for June 20 totaled 15 981 126.13 with expenditures of 14 946 632.15 and a balance of 1 007 142 898.41. Custom duties for twenty days of June reached 15 124 543.74.

Washington Treasury

Bond Quotations from New York Markets

United States government bonds close with Liberty 3% at 102.27 First 4% at 101.30 Fourth 44 at 103.8 Treasury 4% at 110.6 Treasury 4s at 106.17 Treasury 8% at 105.4 with quoted bid and offer pairs for each issue.

New York United States Liberty Treasury

New York Money Markets Steady on Call Loans and Paper

New York markets show call money steady at 1 percent all day. Time loans ease with 69 to 90 days at 1 4 months at 4 1, 5 to 6 months at 1 1 percent. Prime commercial paper at 144. Bankers acceptances unchanged.

New York

Wheat futures rise as traders rush to buy in Chicago

Chicago June 22 wheat futures moved near 89 cents for May 1984 delivery as demand surged. Prices climbed about 6 cents from the day before with 100000 bushels bought in advance, a rare activity for wheat traded long before delivery.

Chicago

Butter futures steady to firm as Chicago market reports

Chicago on June 22 reports butter prices steady to firm with fresh quotes around 93 at 23 percent and 92 22 percent 91 22 percent 90 21 percent and 89 20 percent. Carrot center prices show 90 22 percent and 89 21 percent.

Chicago

Raw sugar steady as refined price holds at 4.60

New York raw sugar quotes show no change with 16 850 tons traded and no bids reported. Close drifted two points lower. Refined prices unchanged at 4.60 for fine granulated.

New York

New York Poultry Prices and Trends Report

New York prices show mixed colors and selections from fresh receipts with various standards and pack types. Live poultry prices are weak. dressed poultry and chicks show modest gains while white eggs hold steady and brown eggs vary by private store sales.

New York

Produce prices in Pittsburgh market update

In Pittsburgh on June 22 prices for apples remained steady with moderate demand. New York Baldwins traded at 1.00 per bushel basket, reflecting current market conditions from U S S and Pennsylvania Departments of Agriculture sources.

Pittsburgh U. S&s Depts New York Baldwins

Commodity Prices Reported For Potatoes Butter Eggs Poultry

The report lists russets at 65 to 75 with Tennessee and Georgia items around 2.00 and 2.60. North Carolina Cobblers and old Maine stock show 3.76 to 4.00 and 2.10 for 100 lb sacks. Butter cheese eggs and poultry values held steady with nearby receipts 12 to 18 percent and white extras at 14 to 15.

Tennessee Georgia North Carolina Maine Green Mountains Hennery Ohio West Virginia Kentucky

Jersey City Livestock Market Summary

Jersey City on June 22 reports 1 140 cattle all direct with no trading, 780 vealers and calves including 670 direct. Sheep and lambs total 8 790 with better Virginia ewe and weather lambs 50 cents higher at 8.50 to 8.75, hogs 1 870 direct, market nominal.

Jersey City

Chicago Livestock Market Report Shows Mixed Trade

Chicago livestock prices show active demand with cattle and cattle calves steady to lower, hogs mostly steady to lower, with top hogs around 4.60 and cattle weights cited up to 7.25 in spots. Sheep demand remains strong with lambs and yearlings trading up 26 points and late native lambs around 7.25 to 7.85 for outsiders.

Trade Trends in Metals and Materials Markets

The report notes heavier steel plate demand and stronger paint materials prices with gums and varnish showing price strength. Lead pigments stay firm while copper offers are limited below 8 cents. Export demand for copper looks more active with firmer prices. Zinc shows light lead buying with Western primaries at 4.35 cents and Newark at 4.20 cents.

St. Louis Newark

Market Report from Pittsburgh Hogs Cattle Calves Sheep

Hogs total 1 500 mostly 10 lower to good and choice grades with weights 160 to 350 pounds. Cattle 15, steady with heifers 550 to 750 pounds and cows mid to good 2 75 to 3 85. Calves 100 steady vealers 4 50 to 5 50, calves 250 500 pounds 2 50 to 4 50. Sheep 500 steady lambs 90 pounds and under 7 00 to 8 00, common and medium 4 65 to 7 00.

Chicago U.S Pittsburgh U. 8 Dept Baltimore

Market Report Baltimore Cattle and Hogs Steady

Baltimore market figures show cattle steady with bulls at 38.50 top, steers 6.75 to 6.00, cows 3.25 to 5.25, and heifers 5.00 to 4.50. Sheep and lambs risen with lambs 7.75 to 8.25, hogs 4.50 to 4.30, calves steady at 5.00 to 4.50.

Community notices from Bluefield era bring meetings and visits

The Mount Zion Sewing circle meets Friday at 3 30 at Mrs Mike Browns 1022 Ridge St visitors welcome The Home Ministers revival continues with new additions The Bluefield United Dry Forces unit meets at Scott St Y M C A this evening at 6 Officers members and committees urged to attend The Roy Scott Post 39 American Legion auxiliary meets at Y M C A Scott St tonight at 8 urgent business Also notes C Moot Carper Charleston director of Negro welfare and statistics visiting Bluefield and Harry Capehart US attorney attends court Mrs Nora Hunter of 105% Jones St visits Bedford City Va

Mount Zion Bluefield United Dry Forces of West Virginia Scott Street Y. M. C. A Roy Scott American Legion Y. M. C. A. Scott Street C. Moot Carper Charleston Bureau of Negro Welfare and Statistics Bureau Department Harry Capehart U. S Nora Hunter Jones Street Bedford City

Great Lakes Link to Gulf by Ship Channel Planned

Chicago announces a plan to join the Great Lakes with the Gulf of Mexico via a waterway about 1,000 miles long. Officials expect a major navigation route, connecting northern ports to southern markets and boosting regional trade.

Great Lakes Gulf OF Mexico Chicago

Inland waterway opens connecting Chicago with Lake Michigan

A $102,000,000 inland waterway was completed enabling a first freight run up Chicago river to Lake Michigan. Federal officials and state leaders hailed the project, saying it links the midwest to coasts and boosts industry as 60 railroad cars of goods sailed from Utica to the lake.

Chicago Lake Michigan Mississippi Valley George H. Dern Midwest Illinois River Utica Ill Des Plaines Illinois Rivers Chicago Sanitary District Canal

Owa Farmers Jail Sentences Follow Farm Demonstration

Twenty northwest Iowa farmers were jailed for 24 hours and fined 50 dollars each for contempt of court after a April 27 demonstration against farm mortgage foreclosures that sparked martial law in the region. Several admitted involvement in the LeMars incident where Judge C D Bradley was dragged from his courtroom and threatened with hanging. Trial for conspiracy charges set for July 10 in Orange City.

Primgharla Iowa Thy LeMars C. D. Bradley Orange City Earl Peters Iowa District Court

Paris Honors First Bathtub Owner Memorial Tablet

Paris marks the home of the first modern bathtub not for the fixture but to honor Anatole France and Dr. Jean Martin Charcot who lived there. Charcot introduced the tub in the nineteenth century, drawing much attention from locals and visitors.

Paris Anatole France Jean Martin Charcot Charcot

Also Mentioned on This Page

Standard Statistics Co Ind R.R. Lu C. B. Hancock Investments N.Y Stock Exchange Bryan, Kemp and Company Weet Virginian Hotel James EB. Mann Bluefield, W. VA H. R Hawthorne Arthur J. MacBride Pocahontas Fuel Company Orporate ONE Broadway Eae Lambert Nort Ang Newpor Salem Rege Treutng Sandusky Boston Masry New Hedland, Mase Purlitud Pee Bluefield W Va Cinermal Obia Moxby Bavon Wall Street Briefs Toledo Grain Chicago Grain NEW York Poultry Jersey City Livestock Chicago Livestock Associated Press Pittsburgh Livestock Baltimore Livestock News OF the Colored People Church OF God Wapestese Pocahontas Air Transport Gillefiela W Va Skeezix Oncle Walt Oncle John's Boots BY Martin TRE Cairaware Owen Milo Cora Mig Cornlawley Freckles BY Blosser Meebe
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