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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 23, 1938
Page
11
Chicago June 22 AP reports a brisk upturn in securities failed to lift the grain market as wheat prices fell about 1 cent per bushel with limited rally. July futures slid about 8 1 2 cents and Sept near 0 77, corn down over half a cent with mixed declines and gains across contracts.
Raw sugar held at 2.66 a pound with no sales. No. 3 contract traders with Cuban ties bought September delivery and sold later. Refined sugar also unchanged at 4.50.
Chicago June 22 cattle and hog sale shows hogs 14 000 head with 4 000 direct loads active up to 15 cents higher, top 9.20 for 170 to 240 pounders and 8.75 to 9.00 for 250 to 290 pounds. Steers and yearlings steady to 15 higher with top 11.15 on 1 250 pound steers, heifers firm, cows steady. Sheep 9 000 head with natives softening, best native springs around 9.35 and bulk 9.00 or less. feeders scarce and mixed offerings continue.
New York June 22. Fresh and frozen poultry prices unchanged. Live poultry by freight weak with broilers rocks and leghorns quoted in the mid to upper teens. turkeys at 22. By express steadier to weak. Ducks 14 15. Overall markets show mixed gains for some items and price stability for others amid regional variations.
New York June 22 AP European currencies struggled to rise against the dollar with limited gains and some losses. The report lists rates for Great Britain, France, Italy, Belgium, Germany, Holland, Tokyo, Shanghai, Hong Kong, Mexico City, and Montreal showing narrow movements and several nominal quotes.
Produce prices eased slightly or held steady for various items in Pittsburgh on June 22. Illinois Transparent onions, New York Rome beauties, and Virginia Cobbler potatoes show small shifts while butter and cheese hold and poultry remains unchanged.
Toledo grain market report shows wheat No 2 red and No 3 Red around 75.76 cents, corn No 2 yellow 57.42 58, No 3 yellow 56.44 57, oats No 2 white 29 30, No 3 white 26 29. Grain in store transit billing at tached. Wheat 5 cents above track quotation, corn 4/4 cent above, oats 2 cents above.
Abbott Proctor and Paine provide New York Stock Exchange quotations. The listing shows firm address Raleigh Street and mentions E Mann as manager with principal exchange access in 1800s context.
The Associated Press rail bond index rose 1.5 points, the best daily gain since October 21, 1937, as heavy buying continued. Utility bonds gained 0.7 point, while the industrial bond average held steady though many issues advanced.
U S Department of Agriculture prices from Baltimore on June 22 show calves very small to medium at 5. Py 7.15, cutters 3.75 to 5.25, steers held, hogs steady with good and choice 140-200 lb at 9.25 to 9.45, 210-240 lb at 9.00, 250-300 lb 8.55 to 9.00, sows 7.15 to 6.50, sheep 650 head with spring lambs steady, ewes and wethers 9.75 to 10.25, bucks 9.50 less for plain and medium.
New York June 22 AP reported cotton gray goods markets active with sales in the millions of yards and prices a bit higher than Tuesday. Week’s sales run at about four times weekly production. finished goods marginally firmer while rayon yarns lag and burlap remains quiet but steady.
Lancaster Pennsylvania June 22 cattle 667 cattle stronger garden spot baby beef club steers to be sold tomorrow cows steady stockers and feeders slow calves 209 stronger choice 11.00 bulk 10.50 hogs 385 sheep 3389 lower lambs slow tops 10.50
Charleston, June 22. Six new teachers joined Marshall College New River State College and the Romney deaf and blind school for the coming year. Appointees include Carolyn Fore commerce instructor Herbert C Howard fish instructor Eugene Simo engineering and Neil D Richmond zoology at Marshall Ruth Grove assistant librarian at New River State and Kenneth Huff coach at the Romney school.
On June 22 in New York the market shows firm industrials leading gains while steady and secondary issues rise. Real exchange and Sterling approval noted with mixed commodity tones as weather prospects brighten and liquidation activity continues.
New York stock exchange prices rose about ten percent from last week with the Associated Press average up 1.2 points for the day and 4 points over three days. Leaders included Du Pont, U S Steel, Cerro Pasco, American Can, and International Harvester as volume reached 1,713,000 shares.
State police opened a search for 14 year old Ethel Allenby after her stepfather reported she had vanished from the Loudenville area during the night.
Goodykoonta Drug Company advertises a remedy named No Longer Inks Whiskey White Ribbon for stopping drunkenness. It claims a cure for a 20 year drinker with one box, priced at $2.00 and usable in coffee, tea, or milk.
A notice announces products available for purchase at drug stores in partnership with Industrial Stores. It highlights availability of medicines and household goods through retail outlets.
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