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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 24, 1930

Page

9

Markets rally as stocks trim earlier losses

Stocks and leading commodities recovered from morning lows with a broad rally in the afternoon. United States Steel American Can and American Telephone saw notable moves while utilities led gains as the market closed with mixed reflections on the day and bonds firmed.

New York Wall Street Rears United States Steel American Telephone American Can General Electric Bears Consolidated Gas Electric Power and Light North American 314 Public Service of New Jersey People’s Gas American Bethlehem Steel Westinghouse Electric Radio International Harvester Johns-Manville Standard Oil of New Jersey Houston Oil Eastman Kodak

Bond Market Averages Face Ir regular swings in New York

Bond prices moved irregularly in New York as trading showed uncertain trends amid stock market activity. Dealers reported total bond sales exceeding 9 million dollars as prices fluctuated through the day.

New York Money Rates Show Varied Call and Bank Rates

In New York on June 23 call money rates hovered around 2 percent throughout the day. Time loans ranged from 30 to 60 days at 24 percent, with 90 days at 24 percent. Prime commercial paper priced at 3 percent. Banks' acceptances held near unchanged with 30 day at 2 percent and 60 to 90 days around 2 percent.

New York

Foreign exchange rates for major currencies and markets

New York June 23 Foreign exchange quotesshow firm demand across markets. Highlights include Great Britain at 4.8511 4.8529 and 4.83 for 63 day bills on banks. France 3.9214 3.92. Italy 5.2319 5.237. various Belgian German Dutch and Scandinavian rates listed in cents and some in dollars for Great Britain.

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

Pittsburgh Produce Prices and Receipts Report

Pittsburgh June 23 produce round up shows moderate demand. Apples receipts 32 cars steady with Baldwins 4.50-5.00 per barrel. russets 4.00-4.50. Cabbage receipts 22 cars steady with Tennessee crates 1.10-1.25. Missouri bulk 2.00-2.26 per barrel. Onions receipts 29 cars steady yellows 1.50-1.60. whites 1.75-2.00. Potatoes receipts 49 cars weaker with Maine Green Mountaine 2.00-2.25. North Carolina cobblers 4.00-4.75 per barrel. Butter ranges 29-34 cents a pound. eggs 23-25% per dozen. cheese 23-30 cents. Poultry prices list live hens 22, Leghorns 15-18, broilers 27-35 cents, ducks 15-25, turkeys 18-24, fresh-killed hens 40, hog-dressed 35.

Pittsburgh New York Baldwins Illinois Transparents Tennessee eMiscouri Texas Maine North Carolina Hennervent New York

Flour Markets Hover Near Stable Levels in New York

Flour prices in New York showed only slight firming as markets opened, with traders noting barely steady demand and limited price moves amid mixed futures signals and steady cash activity in the morning session.

Sugar market steady as July futures lead small trading

New York sugar closes with no change in overall market activity. July liquidation and rollovers to later months drove declines to the lowest levels, as futures fell 2 to 5 points from the prior close. Approximate sales totaled 77,650 tons with no No 2 contract activity.

New York

Market closes with refined granulated steady and prices listed

The report shows July at 3.16c, September 3.25c, December 3.36c and No 1 futures at July 1.26c September 1.34c January 1.45c March 1.53c May 1.60c. The refined market remains unchanged at 4.60 to 4.70c for fine granulated with good withdrawals but no new business.

Butter Prices Rise On Light Offerings In Chicago

Butter prices advanced with light offerings and strong demand on 87 89 score ranges. Fresh 93 score at 33 92 score 32 91 score 31 90 score 30 were quoted with widespread acceptance and centralized 90 score at 32 89 score 31 and 88 score 28 cents.

Chicago

Dry Goods Market Opens Quiet in New York

Cotton goods opened quiet today in New York with prices weaker after a further cotton decline. Rayon yarns quiet, silk unchanged, tires tending toward the low side. Sales of worsted dress goods for fall showed some gain as burlaps remained quiet and easy.

New York

Market quotes for grains and seeds at Toledo

Wheat No 2 red 95 96c per bushel. Corn No 3 yellow 81% 82c. Oats No 2 white 42% 44c. Barley No 2 60c. Rye No 2 75c. Cloverseed cash domestic new 12.30 October 12.85 bid December 13.05 bid cash new 12.60 no cash 11.10 October 11.15.

Toledo Ohio

Wheat Prices Dip Under 90 Cents on Chicago Market

Wheat prices rallied briefly with securities gains but fell below 90 cents a bushel for July delivery of the 1930 crop. Texas Oklahoma and southern Kansas saw similar declines as large arrivals met weak export demand. Closing quotations reflected the new low levels.

Chicago Southwest Texas Oklahoma Kansas

Market close notes show mixed grains and provisions

Irregular unsettled trade highlighted a shift from declines to advances. Corn finished about 1 1/2 percent higher, oats up a fraction, while provisions dipped on the session.

Poultry Prices and Receipts Bid Highlights from New York

New York June 23 Poultry prices listed for dressed and live stock with varied cuts and finishes. Dressed chickens f o w l s ducks and turkeys show multiple price points including fresh frozen and express delivery. Pegs receipts total 16870 cases with grade distinctions from extra first to seconds and regional varieties such as Pacific coast and hennery stock.

New York Hennery Brown Hennery White Hennery Extra Pacific Coast

Pittsburgh Livestock Markets Report Strong Hogs and Cattle

June 23 Pittsburgh livestock market reports receipts of hogs 2,000 head with steady to higher bid ranges across grades, cattle receipts 1,250 head with prices generally lower, calves and sheep also listed with varied prices. The National Metal Exchange approves copper contract amendments set to begin July 1. American States Public Service directors authorize purchase of two electric units in Idaho and Montana.

The National Metal Exchange American States Public Service Company Idaho Ontana

Live Stock Prices and Receipts From Chicago Market

Chicago market figures show hog receipts at 45 000 head with strong early sales and steady later trade. Cattle receipts total 13 000 with calves at 2 000. undertone weak and too many cattle. Slaughter classes report varied gains and declines across weights, with vealers, cows, bulls and stockers priced accordingly. Sheep and lambs activity remains fair with fat lambs and ewes quoted, plus lamb ranges and cull prices noted.

Stockholders to vote on North American charter boosts

North American company calls a special meeting for August 6 to approve increasing authorized common stock to 50 million shares and to convert 1.39 million unissued preferred into no par serial stock while expanding serial preferred to 5 million shares. Also to extend corporate existence for a set period. Berliner Joyce Aircraft stockholders approve transfer of control to North American Aviation. F. W. Dodge reports May awards in New York state totaling 109.57 million, up from April and last May. first five months total 406.56 million. Steel producers report May sheet output 274,224 tons, 73.3 percent of capacity.

New York F. W. Dodge Corporation New York State Berliner Joyce Aircraft Corporation North American Aviation Corporation National Association of

Unclear OCR Item Mentions Several Arkansas and Indian Territory Entries

Fragmentary note lists Bluefield industrial terms and companies like Cities Service and Majestic Collieries with June dates and prices. Appears to record closes or transactions in Indian Territory and Arkansas with listed market values around 75.00 and 90.00, plus a 27 percent figure.

Bluefield Industrial Bulld- Ark Majestic Collieries Co Tug River Lumber Co Indian Territory Tne CO Ceeeves

Colored voters urged to meet in Princeton on Sunday

Mercer county colored Republican organization calls Mercer county voters to meet at the Masonic hall in Princeton Sunday at 3 o clock. The gathering aims to discuss political and economic interests of colored citizens affecting the forthcoming primary and election. Attendees from Roseville, Coopers, Bramwell, Simmons, Goodwill, Crystal, Thomas, McComas, Princeton and Bluefield respond to the call. S. R. Anderson chairs the executive committee. Arthur G. Froe, DC recorder of deeds, was in Bluefield en route to visit his mother.

Mercer County Colored Republican Organization Princeton Masonic Hall High Street Roseville Coopers Bramwell Simmons Goodwill Crystal Thomas McComas Bluefield S. R. Anderson Arthur G. Froe District of Columbia Mr. Free

Lawn festival at Mrs. Mathey residence

The Junior choir of Scott Street Baptist church plans a lawn festival at Mrs. Jane Mathey 124 Park Street on Wednesday evening June 25. Elaborate preparations aim to make it the summer’s biggest event with numerous amusements and surprises. CHURCH OF GOD APOSTOLIC Elder T J Cox pastor preaching Tuesday night by Rev Miss Maud Runyon who spoke successfully at Municipal building last April. Everybody welcome. John Stewart M EF church hosts significant Tuesday service with Woman's Home Missionary Society insstallation and Rev Dr Dabney of Mount Zion Baptist church delivering the sermon reflecting his Bluefield work.

Scott Street Baptist Church Jane Mathey Park Street Church OF God (Apostolic T. J. Cox Maud Runyon John Stewart

Eminent divine to speak as public invited

The article notes an eminent divine whose public address will be followed by his choir and congregation providing music and worship. It urges all officers to attend promptly at 8 o'clock. It lists various local names and travelers, including Mrs. N. K. Hunter and Mrs. L. J Ward traveling to Spring Lake New Jersey for vacation, and several local residents in Bluefield and nearby towns.

West Virginia College Association Elects Officers and Adopts Constitution

Charleston W Va June 23 Officers were elected and a constitution adopted at a meeting of the West Virginia Association of Colleges. Elected were W H M S White president C H Martin vice president and W W Trent secretary-treasurer. J F Marah and Thomas W Haught named to the executive committee. The constitution limits membership to state board of education recognized colleges and permits others by committee recommendation.

Charleston W. Va West Virginia Association of Colleges W. HM. S. White Shepherd College State Normal School C. H. Martin New River State School W. W. Trent Broaddan College Treachrer Association J. F. Marah Concord State Normal School Thomas W. Haught West Virginia Wesleyan Ty State Board of Education M. Shawker Marshall College Cloud Goodnight Bethany College David Kirby Morris Harvey

State Withdraws Bids for Rock Camp Peters Town Road

The West Virginia State Road Commission announced the withdrawal of bids for applying tar surface to nine miles of the Rock Camp Peters Town Road in Monroe County. Work will be done by state forces, which recently completed work on an adjoining section.

Charleston W. Va State Road Commission Rock Camp-Peterstown Monroe County

Also Mentioned on This Page

Standard Statistics Co J. ¥. Case New York Central Southern Railway United States Liberty Treasury Hanes Enews Ind. R.R. Util Sen Mer L. Alexander Saano Nevigaties & & McBride Aoner Patiace Anet Mar Gales Pocahontas Fuel Company Incorpo Pocahontas Pocahontas Voa Tidewater Great Lakes Pocahontas Fuel Company Incorporated Peg Origins Orie Mere Vota Pocatee Pocahontas Coalfield Pocahontae Fuel Company, Incorporated Virinia Broadway Norfolk Main St Bosston Mass Board of Trade Cincinnati Portland Foot Moulton Luefield West Virginia New Bedford Pocahontas Wharf Aikman Street Cna Atlantic Coast Tidewater Sandusky Ohto London Moxey, Savon & Co. Ltd Lime Street Square E. C England Henry Coe & Clerc Piassi Matteo Geneva Pocahontas Fuel Co., Inc No. 1 N. Y. Stock Exchange Bryan, Kemp Cyd Pds Inian New York Stock Exchange New York Curb Exchange Richmond Stock Exchange James FE. Mann Bluefield, W. VA New York Cotton Exchange Chicago Board of Trade Jack R. Younger Es High Law Ugh Law Aid Adams Express Seeeeeseee Krueger and Ao Seeeeeweene Roger Roc Rumely Cesereevereee Lambert Co Wees Seanee Eeeeee Lehn Liggett and Myers B Eeebee Allied Fed Chemical Eee Corr Idquid Carbonic Eee Eeeweweee Bilawe's Inc Oa Wilew Louisiana Loulavile and Nash Ludlum Steel American Rolling “Mills Teewee Sir McKeesport Tin Scseeseeseses Cnet Enee MN Ee Bs American Steel Tenet Eeee Mathieson Miami Tex Armour Baldwin Loco Aviation Corpn Nat Distillers Nat. Pow. and Light Barnsdell A Balto Seetesesteens Ewes Ween Nees Borg Warner Oi Oliver Farm Brigg Mf Ous Edec Planetes K Bal R “Coi Pac Elec Byers Tas Tay Pac Tike Calif Packard Motors Calumet Arison Paramount Publix Ge Pathe Exchange Canadian Pacific Pathe Exchange A Penick Ford Penny Cerro Pasco Penn ‘Divie Cement Sete Enone Qi Chesapeake Corpn Pennsylvania Chesa Ohio Teat Philips Pet Mila Chicago Northwestern K. 1 Ween Proctor and Radio Cor Col Gas Keith Orpheum Columbia Carbon Beeen Oee Eam Remington Rand Eee Eneerenee Reo Motors Congoleum Nairn Republic Steel Reynolds Meta Continental Banking Reynolds Tow Ssscevceeves Continental Continental Insurance Toro Leo Pou Cesereceuss Continental Motormesce Coves St Louis San Fran Ceeeeseees Continental Oi -Ween Ewee Seaboard Air Line Ocean Eee Sears Roebuck Crucibie Steel Penne Curtle-Wright Shell Union Oil Ty Curtis-Wright Davison Chemical Simms Vet Delaware and Hudson Sinclair Oil Drug, Inc Southern Callf. Edison Vn du Pont South Porto Rico Southern Pacific Hike Southern Railway Gitey Standard Brands Foster Wheeler N. J Iy Fox Filtra A Yeeseie General Amer Sess Freeport Stewart Warner Studebaker Texas Corp General Foo Texas Guilt General Motors Scesescesees BLY General Ry Signal Transcontinental Ol LT Gidden Union Carbide Graham Paite Hershey Houston Hudson Motors Hu Motors Vanadium Steel Illinois Central Caro. Chem Ward Conbustion Warner Pictures Enee Ant Harvester Weston Ol Maryland Westinghouse Westinghouse OC Sre Stenesece Willys-Overland Johns Manville Kelvinator Worthington Pump Kennecott Vc Cincsov Chicago Grain Pittsburgh Livestock Chicago Livestock Wall Street Briefs C. B. Hancock Investments First National Bank News OF the Colored People Tn City Lawn Festival N. K. Hunter L. J Ward Spring Lake James George Northfork J. W. Pittard Welch George Dean Virgie Watkins Richard Watkins Jones Street West Virginia College Association Er Prevenan Bluefield, W.va Old Tom Carr Iur Te Safe and Sound Welcome Home Wan Little Gms Scooge Carlos Bim Gump Wrough Tom Wis Mary Little Cont Mary Hink OF Tom Carr Him Sidney, Smith
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