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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 24, 1933

Page

9

Stocks Rally in Late Trading Amid Grain Boom

New York June 23 Stocks rallied in late trading lifting many issues 1 to 4 points and closing with gains after wheat oats and rye surged on crop damage reports. Volume 3,834,050 shares, the lightest since May 23, with notable gains for Case, National Distillers, Delaware and Hudson, Chrysler, Johns-Manville, Western Union and others.

New York France Case National Distillers Delaware and Hudson Chrysler Motors Johns-Mansville Western Union Owens- Illinois Corn Products Allied Chemical du Pont American Telephone U. S. Steel American Can Union Pacific Santa Fe Southern Pacific Sears Roebuck International Harvester Celanese Chicago Wall Street

Bond market holds steady as rail loans support prices

The bond market remained virtually unchanged as strength in railway loans kept prices steady. Traders showed caution amid uncertainties over the dollar in foreign exchange markets, while ongoing domestic business and industrial improvements provided support. Carrier Hens reflected further re-

New York

Hancock Investments Markets and Closings Report

C B Hancock Investments lists Appalachian Electric Power Company preferred at market with a $6 and 7 percent rate. Cities Service common stock shows June 23 closing at 6.

Appalachian Electric Power Company

NY Stock Exchange Quotations and Exchanges Listed

Bluefield West Virginia lists New York Stock Exchange Cotton Exchange and Curb Exchange affiliations with Chicago Board of Trade and Richmond Stock Exchange. The brief note indicates membership and quotation references among major exchange bodies.

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

Call Money Rates Hold Steady in New York Market

Call money in New York on June 23 shows 1 percent availability all day. Time loans firmer with 60 days at 1 percent, 4 to 8 months at 1 percent, 5 to 6 months at 1 percent. Prima commercial paper at 1 percent, bankers acceptances unchanged.

New York Prima Commercial Paper

Grain price quotes for wheat corn and date at Toledo

Grain on track 384 rate basis nominal with Wheat No 2 red 77 78 percent and No 1 red 78 79 percent. Corn No 2 yellow 46 47 percent and No 3 yellow 45 46 percent. Date No 2 white 35 36 percent and No 3 white 34 44 35 percent.

Toledo

Sensational Crop Loss Reports Lift Grain Prices

In Chicago grain markets on June 23 sensational damage reports from the Dakotas Minnesota and Canada spurred big buying. Wheat closed at the day’s top, with futures up about 1 2 cents, corn and oats higher, and provisions down several cents.

Chicago Dakotas Minnesota Canada

Butter Prices and Carrot Rates in Chicago Market

Chicago market notes show butter at 93 score 23 percent with 24 and 92 23 values and 91 22 percent. 90 at 2144 and 89 20 percent. carrots listed at 90 22 percent and 89 21 percent with incomplete subsequent data.

Chicago

Puerto Rican Nearby and Late July Shipments Sell Units

New York reports raw prices at 3.40 for spot sales of 8,000 bage and 28,700 for late July delivery to refiners, with total sales at 18,850 tons. Refined price holds at 4.60 for fine granulated.

New York Raw

Pittsburgh Produce Prices Report June 23

U S and Pa Depts of Agriculture report moderate demand for produce. Apples listing 10 cars with prices for Baldwins Russets and Transparents across New York Illinois Georgia and Maine. Potatoes show stronger demand with North Carolina Virginia and Maine stock varieties priced per barrel and sack. Butter eggs cheese and poultry unchanged.

Pittsburgh U. S New York Illinois Georgia North Carolina Cobblers Virginia Maine Green Mountains

Traffic revenue gains and rallies across multiple rail lines

Reports show gains in traffic revenue with rallies of one to two or more points among major railroad systems including Santa Fe Atlantic Coast Line Baltimore and Ohio Chesapeake Bur lington St Paul Chicago and North Western Great Northern K S C Southern Nickel Plate Norfolk and Western Pennsylvania Southern Pacific and Southern.

Santa Fe Atlantic Coast Line Baltimore and Ohio Chesapeake Corporation Burlington, St. Paul Chicago and Northwestern Great Northern K. C. Southern Nickel Plate Norfolk and Western Peninsylvania Southern Pacific Southern

Curb Market Finishes Firm As Traders Rebound

New York curb stocks held steady until the final hour when prices surged. Trading volume rose late, totalling about 493,000 shares versus 736,000 the day before, while early activity showed trader apathy. Hiram Walker gained over 6 points on merger rumors as Aluminum Company of America and Parker Rust-Proof rose about 3 points.

New York Hiram Walker Aluminum Company of America Parker Rust Proof

Government bonds close as Market reports varied yields

United States government bonds closed with Liberty 3% at 102.26, First 4% at 102.12, Fourth 4% at 103.3, Treasury 4s at 110.3, Treasury 3% at 105, and Treasury 3% June at 102.11, with mixed prices across issues.

New York United States Liberty Treasury

Foreign Exchange Rates in New York

Foreign exchange irregularities noted with Britain at 4.22% demand and 4.2244 cables, 60 day bills 4.21% while France and Italy hold 4.88% and 6.50% respectively. Belgium shows 17.35 with Germany remaining unsettled.

New York Great Britain France Italy Belgium Germany

Fragmented International Exchange Figures

A listing of various country and city financial metrics shows values for Holland, Norway, Sweden, Denmark, Switzerland, Spain, Portugal, Greece, Poland, Czechoslovakia, Jugoslavia, Austria, Romania, Argentina, Brazil, Tokyo, Shanghai, Hong Kong, Mexico City, Montreal in New York, and New York in Montreal. Values include nominal figures and percentages for several entries.

Holland Norway Swedn Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentine Brazil Tokyo Shanghai Hongkong Mexico City Montreal New York

Treasury Receipts and Expenditures Reported for June

Treasury receipts for June 21 amount to 106 dollars and 42 thousand 381 dollars 41 cents. Expenditures reach 114 thousand 257 dollars 882.08 cents with a balance of 1 million 227 thousand 396 dollars 74 cents. Customs duties for twenty one days in June total 15 million 656 thousand 019 dollars 52 cents.

Washington Treasury

Chicago Livestock Market Report Summary

Chicago livestock prices show hogs at 26,000 head with direct sales 15,000. hogs underweights and pigs drop 10 to 25 cents, top 4.60. Cattle 1,500 and calves 700 with generally steady trade. steers 550-900 pounds bring 5.25 to 7.25, 900-1100 pounds 6.50 to 7.25, 1100-1300 pounds not fully listed.

Chicago U. S

State plans $26.6 million unemployment bonds and more

New York state offers a $26,595,000 issue of unemployment relief and grade cross elimination bonds on June 28, swelling next week’s total to $32,980,983 in state and municipal financing. New York Cotton Exchange membership changes hands at $21,000, unchanged from prior sale.

New York New York State Saya New York Cotton Exchange

Dry Goods Market Faces Steady Demand and Rising Prices

Cotton goods remain firm with dimity spreads up 15 percent and burlaps for spot delivery higher. Rayon production is at capacity for the summer, while wool dress goods orders are often declined due to delivery constraints. Silks show steady demand as the market holds.

New York

Livestock Market Report Mixed Weights and Prices

Sheep demand shows strength with higher packer interest while lambs remain active. yearlings and calves show varied quotes. Cattle quotes cover cows heifers and mixed grades from common to good and choice cuts across light to medium weights.

Lancaster Livestock Market Report June 23

Lancaster Pa June 23 cattle market slow as buyers loaded up. Beef steers and bulls steady while stockers, feeders, and stock cows show fair demand and prices mostly 4.50 to 5.50. Calves scarce top around 6.00. Hogs slow to steady with westerns about 5.50 and locals 4.75 to 5.00. Sheep steady to strong with choice lambs 7.50 to 8.50 and locals 7.50.

Lancaster Baltimore

Pittsburgh Livestock Price Report June 23

U S Dept. of Agriculture data from Pittsburgh notes hogs 3 500 head slow and mostly 10 lower with light lights 130 160 pounds at 4 09 to 4 50 per hundredweight. Cattle 25 unchanged with steer lots 90 1300 pounds good 2 60 to 4 40. heifers 550 750 pounds good 5 00 to 5 50. calves about 250 head steady to weak.

Pittsburgh U. S. Dept Heifres

Market Report on Livestock Weights and Prices

The note lists lambs at 90 pounds steady to down with good and choice qualities fetching 7.00 to 8.00, and 4.65 to 7.00 for common and medium grades. Sheep are 1,000 head, calves and Awe Ibe categories noted with prices 2.50 to 5.50 for common to medium ranges.

Jersey City Livestock Prices on June 23

Cattle total 1,020 with 870 direct. cows and bulls steady. steers nominal. Vealers and calves 1,750 with 1,650 direct. better vealers 6.00 to 7.00. Sheep and lambs 9,720 with 7,100 direct. better grades 8.50 to 8.75. Hogs 2,500 with 2,440 direct. average 198 pounds 5.00, 260 lb weights 4.50.

Jersey City

Baltimore Livestock Market Report and Metal Superconductivity Note

Baltimore livestock prices show a steady market with cattle bulls steers cows heifers and sheep lambs and hogs traded at various grades and prices. A brief science aside notes metals like silver and copper becoming superconductors at extremely low temperatures around 452 degrees below zero.

Copper

New York Poultry Prices Beat to Market

New York reports June 23 conditions show irregular mixed color eggs at 16 18 for especial packs from fresh receipts with standards 15 15 percent and dirties No 1 42 lbs 121 percent 4 138. White eggs fetch 23 4 percent 25 percent. Live poultry prices hold steady while dressed poultry remains unchanged.

New York Dean Hennery Exchange

Ohio Moves to Align with Roosevelt Recovery Plan

Ohio will consider a bill to modify anti trust laws so industrial codes and marketing agreements approved by the federal government apply in Ohio. Governor White says the measure will align state action with the national recovery act and empower him to draft intrastate codes while local trade groups adjust policies.

Columbus Ohio Roosevelt White

Suit to restrain use of Wagner name filed in Pittsburgh

Honus Wagner, the Flying Dutchman, filed suit to stop use of his name and demand accounting and money due. Defendants include E L Braunstein firms and related companies. Wagner seeks $60 weekly salary plus commissions on sales.

Pittsburgh Honus Wagner E. L. Braunstein E. L. Braunstein Company Honus Wagner Company National Storage Company United Sporting Goods Company Braunstein Wagner Coreaire

Also Mentioned on This Page

Ind. R.rjutty Weer Mewne Eens Low Cosi At On Old Bia Adams Express Amer. Or Fox Film Penn R. A Amer Eee Freeport Texas Elec Proctor and Gambie Pullman Radio Corpn. Oy Amer Tob Gillette Safety Keith Orpheum Anaconda War Corp Great Northern Peer Reo Motors Wees Republic Steel Armour “Rb Goodyear Tire Reynolds Metals Hershey Reynolds Houdaille Hershe Royal Dutch Oy Atl Ref's Houston Osettee St. Joseph Leach Atlas Powder Hudson Motors Seaboard Air Line Auburn Auto Hupp Motors Say Aviation Corpn Ll U Ilinois Central Shattuck Steeeee Baldwin Loco Int Harvester Secony Vacuum Barnsdall Oan International Shoewee Calif Edison Bendix Aviation Iekel Best and Co Tel Bethlehem Steel Ry Seager Icees Borden and Cowedoe Johns Manville Brooklyn Man Trans Kelvinator Tater Tandard Gas Kennecott Copper Standard Old Cal Standard Oil Briggs Ss. S. Kresge O Stewart Warner Teen Byers Pipe Kroger Groce Cerrore Pasco Liggett and Myers Corp Lowe's Inc Lorillard Transamerica Corp Tnion Carbide Ate Ceres A. Od Union Pacific Ee Lou. Gas United Aircraft United Carbon Athe Aay McKeesport McKesson and Robbins United Corpn Ween Coca-Cola Wheeesene United Gas Impr Mathieson Alkali Ns. Com Credit Im M. K. An Oeebie Congoleumn Nairn Montgomery W Weabe Mullens Nat Cash Register Maryland Western, Union Crown Cork Sealors Nat Distillers Curtiss-Wright Nat Pow Laseae Ie Weatinghouse Standard Statistics Co C. B. Hancock Investments NY Stock Exchange Bryan, Kemp and Company West Virginian Hotel James B. Mann Bluefield, W. VA Toledo Grain Chicago Grain Chicago Livestock Wall Street Briefs O. Alexander Harry Bowen Bosra H. R Hawthorne Arthur J. MacBride Salers R. L. Wallace Pocahontas Fuel Company Incorporated ONE Broadway U.S Pocahontas Great Lakes Atlantic Coast Lambert's At Sewell's Point Norfolk Newport News Ducas New Bedford Mass Salem Mystic Wharf Boston Portland, Maine Ota Sandusky Norfalk, Va Bluefield , Va Cincinnati Trast. of Moxey, Savon & Co., Ltd Lime Street Square London Coal Trading Association Rotterdam Frederick Gundersen Bergen E Pinto Basto & CO. Ltd Lisbon Sacoe & Clerici Via Lomellini Genoa Haly James H. Kimball U. S. Weather Bureau Labrador Dr. Kimball Italo Balbo Lancaster Livestock Pittsburgh Livestock Jersy City Livestock Baltimore Livestock NEW York Poultry Walt Sacks Auntie Blossom Boots BY Martin LODGE Freckles Red BY Blosset
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