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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 27, 1928
Page
11
Rubber shares slide on reports of large inventory losses from purchases by the Rubber Pool while overall market averages show strength. The Associated Press notes rails and ind shares mixed with total stock sales reaching 1,413,300 shares as price levels fluctuated.
New York stocks edged higher after the call money rate increased from six to seven percent. Industrials and rails posted gains of one to nine points, with some specialties up 10 to 15 points. Copper shares rose on a dividend change as oils benefited from lower production estimates.
Trading on the bond market was more active yet irregular with industrials firming late, rails uneven and the foreign list steady. U S government issues softened toward year lows while call money stayed strong with closing bids near 7 percent.
New York June 26 United States government bonds closed with varied results. Prices shown include 100.6 for aa 101.10 third 100.2 fourth and 101.23 for Treasury ee ao Suey 8s 101 19.交易
Foreign exchange figures from New York show varied quotations for several countries. Great Britain demand 4.87 percent with cable rates at 4.87 11-16. France 3.93 with poet cables. Italy 5.2 with cables at 6.25. Belgium 13.96 and Germany and other nations follow with assorted rates.
The data lists diverse regional figures with Czecho-Slovakia at 2.964 percent and Jugo slavia 1.76 percent, alongside Austria 14.08 and Rumania 164 percent. Argentine 42.55, Brazil 11.97, Tokyo 46.30, Shanghai 66.00, and Montreal 99.75 complete the set, indicating a wide spread of rates across markets.
Chicago reports rain delays in Kansas and Oklahoma slowing harvests with Nebraska crop damage boosting wheat. Corn gains as wet weather persists in the south while cotton outlook improves relative to corn. wheat closes slightly higher, corn up modestly, oats and futures mixed.
Seeds Toledo notes wheat No 2 red at 74 and 75 cents, corn No 2 yellow at 1.10 and 1.11, No 3 yellow at 1.00 and 1.10. Clover futures show October domestic at 15.40 and December domestic at 18.30 bid, October at 16.50 bid. Other grains and seeds unchanged.
Cotton markets rose with gray cloth prices and sheetings as business remained moderate. Burlaps stayed firm amid light trading. Raw silk showed little change while wool goods were quiet in New York.
Baltimore market receipts show cattle totals at 75 with steers and heifers selling across multiple grades. Hogs lighter at 300 with varied prices for lights, heavies and mediums. lambs 200 with spring lambs around 11.00. Calves supply 50 priced 5.00 to 15.00.
A dense puzzle page listing numerous three and four letter words with clues plus stray letters. The text mixes definitions such as marble shooter pit and kiln with notes on English money of account and card games, ending with a ferry crew note about Captain Meyers and travel miles.
Bluefield West Virginia market notes show Co B Hancock Investments and Ashland Coal and Gebe Co buying and selling smokeless coal. Prices quoted include 24.00 for a listed item, with references to First National Bank Building and regional suppliers such as Askea Bid Killarney and Pome Coal products.
In New York sugar prices rose as refined demand strengthened. Raw sugar rose to 4.36 for duty free and 4.40 for Cuban, with large sales of Philippines, Porto Rican, and Cuban cargos to refiners and for prompt shipment. Futures closed higher across the July to May positions as refiners planned a 10 point price advance tomorrow.
New York June 26 poultry market summary shows dressed fowls irregular prices 22 cents per pound with varying quotes for dressed and live poultry. Express shipments list broilers at 15 to 40 cents per pound and old roosters at 16 cents per pound with other items not quoted.
June 26 Pittsburgh market notes show slow demand for salt potatoes and 160 car lots with price ranges for barrels and staves from Virginia and the Carolinas. Beans steady with green Virginia and Tennessee hampers, butter scores and current receipts listed. fresh eggs, whites and browns, and live and dressed poultry prices included.
Butter in Chicago on June 26 shows little change with fresh prices hovering around the 2 dollar mark. Quotations include scores and percentages across several lots indicating a largely stable market.
Livestock market reports show hogs at 27 000 head with dull trade and lower prices across weight classes. Cattle receipts 7 000 and calves 3 000 with a strong, uneven rally in killing classes and high demand for light yearlings. top prices around 14.90 for light yearlings and 15.50 for some slaughter steers. Sheep receipts 8 000 with fat lambs active and generally higher, while cull and common lambs trend lower.
A $300 start by Kansas City club women 25 years ago grew into a debt free hotel at 1905 Jefferson Street serving low income working girls. The Girls’ Hotel, under the Council of Clubs of Kansas City, now hosts 54 clubs with 15 000 members and a dedicated manager, offering board and room from 5 to 7 dollars weekly.
The institution provides opportunities for advancement in music art and sewing with parlors for entertaining visitors. Last year several residents married and started homes. Mrs Alderman notes it is not self sustaining and fears losing incentive if it becomes paid, saying the joy of service is the reward.
Experiments at Oklahoma A and M indicate UV light accelerates plant growth and raises constituent content. In one study irradiated foxglove yielded a 36 percent increase in digitalis production.
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