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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 27, 1929

Page

11

Railroad and utility stocks push to new highs in market rally

Industrials lead a broad advance as Norfolk and Western stabilizes near peak levels. Wright and Curtiss plan a major airplane merger while Wall Street weighs a 2 for 1 split of U S Steel. Strong profits highlight the session.

Norfolk and Western Wright and Curtiss Wall Street U. S. Steel

Market Rally Lifts Rail and Utility Averages to New Highs

Strong rallying tendencies push railroad and public utility averages to record highs while the industrial average nears the May peak. Trading reaches 4,029,740 shares as bankers eye money market trends and speculation swirls around proposed stock splits and aviation consolidations.

Claude A. Jagger New York Wall Street Federal Reserve U. S. Steel United Corporation Baldwin Locomotive Company Wright Curtiss American Can Chrysler General Motors Packard Motors General Electric Allied Chemical Allis Chalmers International Telephone Public Service of New Jersey Westinghouse Electric Auburn Motors Kinney Company National Dairy Products Timken Roller Bearing Atchison, Pennsylvania Chesapeake Ohio Union Pacific Norfolk and Western Cains

Convertibles Drive Bond Market Rally on June New York

Spectacular convertible performances overshadowed bond issues without stock privilege. Advances ranged from 1 1 2 to 4 2 points with American Telephone 4s at 1 700 000 par value and Norfolk and Western converts up 4 2 to 234 on light turnover. Japanese bonds led foreign list while industrials and utilities saw mixed moves.

New York Atchison International Telephone Norfolk and Western Liggett ‘Ad Mevers National United Staes

New York Stocks Wide Mix As Energy Watches Lead

A broad session for New York stocks saw uneven moves with energy related names leading gains while utilities and transport issues lagged. Major players included Consolidated Gas, Kennecott, Reynolds Metals, and Texaco amid a volatile trading day with no single clear trend.

Government Bonds Prices From New York Market

On June 26 the Liberty 3% bond stood at 96.10 while First 4% traded near 99. Fourth 44s quoted 99.10. Treasury 2% at 107.17 and Treasury 4% at 104.2. Treasury 3% near 101.8 and another 3% at 97.1.

New York Liberty Treasury

Money markets hold steady with slight loan easing

In New York on June 26 money rates remained steady as 10 percent for the day. Time loans eased with 30 days at 8 percent, 60 to 90 days at 8 percent, and 4 to 6 months at 7 4 percent. Prime commercial paper and bankers acceptances were unchanged.

New York Bankers

Foreign exchange rates steady in New York on June 26

The market posted steady quotations with Great Britain at 4.84 5-16 dollars for demand and 484 13-16 on cables. France at 3.90 15-16 demand and 3.91 3-16 cables. Italy 5.22 12-16 demand and 6.233-16 cables. Various country demands listed including Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Greece, Poland, Czecho-Slovakia, Yugoslavia, Austria, Romania, Argentina, Brazil, Taklo, Shanghai, and Montreal.

New York Great Britain Grea Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho-Slovakia Jugo-Slavia Austria Rumania Argentine Brazil Taklo Shanghai Montreal

Produce market report from Pittsburgh on June 26

U S Department of Agriculture notes moderate demand for cabbage with 18 cars steady and prices from 3.00 to 2.50 per 10 lb crate. Onions show 14 cars steady with yellow crates priced 1.75 to 1.90 and whites 2.25 to 2.50 per 59 lb sack. Potatoes: 76 cars steady in barrels.

Pittsburgh U. S. Dept. Agriculture Ohio Texas California

Notice of absence from office on property inspections

From June 25th to July Sth inclusive, I will be absent from my office while inspecting properties of Cities Service Company in the West. Business will be handled by my office as if I were present. After office hours, call Eligabeth G. Cassell at 1963-J B. Hancock.

Cities Service Company

Market quotes for grains and agricultural goods

No. 1 cobblers in North Carolina fetch 3.75 to 3.90 per sack while old stock remains dull. Michigan rurals trade 0.75 to 1.25. Maine Green Mountains offer 1.25 to 1.50. Large 150 lb sacks noted.

Cobblers North Carolina Old Stock Dull Michigan Rurals Maine Green Mts

Poultry Prices Reported in New York Market

New York market notes show dressed poultry steady with fresh or frozen chickens at 30 to 46 cents. live poultry steady and unchanged. Eyes firmer with receipts totaling 31,004. Nearby hennery white sold as closely selected extra at 38.40, nearby and western hennery white to average 33.40 cents.

New York

Raw sugar steady amid small July shipment sale

New York June 26 report notes a single sale of 20,000 hogsheads of Cuban raw sugar to an operator for July shipment at 2.58 duty paid. July futures ease 3 to 6 points. total approximate sales 77,950 tons with July 1.71 and May 2.07 in nearby months. No refined price changes.

New York

Butter price advance prompts speculative buying in Chicago

Chicago on June 26 reports top butter prices rise due to speculative buying. The market shows barely steady to steady across grades with fresh scores ranging from 93 to 87 and centralized scores from 90 to 88.

Chicago

Wheat closes little changed as rains temper grain trade

Chicago reports wheat prices finishing nearly unchanged from the prior day with gains in corn and oats mixed. Rains aiding the spring wheat crop weigh on values while domestic crop advices from the southwest and northwest temper the market. Provisions hold steady with minor losses.

Chicago Genada L&ec

Dry goods markets hold steady in New York trade

Cotton gray goods markets were unchanged in New York on June 26 with steady levels. Cotton yarns showed slight improvement with prices easing in larger distributing centers. Burlaps remained quiet and unchanged while spot raw silks and silk merchandise stayed firm or quiet.

New York

Grain prices report from Toledo market

Toledo grain prices for June 26 show oats No 2 white at 49 50 percent, barley No 2 at 63 percent, timothy cash old and new at 2.70.

Toledo Timothy

Baltimore Livestock Prices and Receipts Summary

Baltimore market reports cattle receipts with steers and heifers priced by quality. Cows and bulls show a range from 8.25 to 16.00, while sheep lambs and hogs list varied per weight class. Calves and pigs round out the day’s animal market values and volumes.

Pittsburgh Livestock Prices and Receipts June 26

Hog receipts 2700 with prices mostly 10.75 to 11.65 for heavies to lights. Cattle receipts none for cattle, varied steers and heifers with 12.75 to 14.65 for heavies, 9.00 to 12.50 for middling cows and cutters. Calves 250 with vealers around 15.50 and milk fed good to choice up to 10.50 4.50.

Baltimore Pittsburgh U. S

Livestock Market Prices and Culling Notes

Market report lists prices for sheep and cattle ranges. Culls mostly low quality at 2.00 to 6.00 with various weights noted. Weak demand yields slow sales and mixed lots from 80 to 150 pounds highlighted.

Chicago Livestock Prices and Receipts Summary

Chicago livestock market report shows hogs receipts 1,000 with 4,600 direct. prices 15 to 25 cents lower, top around 11.15 for 160-230 lb hogs, sows 9.00 to 10.09, pigs 10.00 to 11.00. Cattle receipts 6,500 and calves 2,500 with better fed cattle steady to strong, heavy steers best action. slaughter steers 13.75 to 15.60 for 1,300-1,500 lb range. light grass cattle down to 9.00 and below.

Chicago U. S. Dept. of Agriculture

Livestock Market Prices and Receipts For Week

Receipts total about 12 000 head with steady native lambs and Western offerings. Prices vary by weight and grade for cattle, calves, bulls, and feeder lambs with medians around 11 to 15 dollars per hundredweight.

Clubbing a Husband staged by Torch Bearers class

A humorous local play titled Clubbing a Husband will be performed by the Torch Bearers class of Midway Christian church at 8 pm in the Sted Men's ball on Bluefield avenue. The production features twelve local players directed by Mrs. Alvey Farthing and is presented under the Degree of Honor League of the lodge.

Midway Christian Church Sted Bluefield Avenue Degree of Honor League of the Lodge Alvey Farthing

Children Boost Parade for Lynn Tercentenary

Lynn Massachusetts June 26 an unusual civic effort fuels the tercentenary celebrations with more than 6000 students taking part in a floral and historical parade July 1 featuring twenty floats. Parents and friends contributed 20000 hours of work and children paid 50 cents each for costumes. The event will also include 12000 members of military fraternal and civic orders.

Lynn Mass

Millionaire Signs Drastic Labor Bill in Wisconsin

Madison June 26 Governor Walter J Kobler signed a far reaching labor measure dubbed the yellow dog contract bill. It voids contracts barring employees from joining unions and bans agreements by farmers to refrain from cooperative marketing associations. Similar bills failed in 47 states. Wisconsin passed the measure.

Madison Wis Walter J. Kobler American Federation of Labor Wisconeln

Death of Mose Hardnett Colored Reveals Alcohol Poisoning

Mose Hardnett colored, found dead in bed at his West Main Street home, died likely a few hours after going to bed Tuesday night. An inquest led by coroner J. T. Bivens found alcohol poisoning followed by an epileptic convulsion as the cause, with the body discovered by his mother Ella Hardnett at 6:30 a.m. Wednesday. Hardnett, a World War II veteran, was well known in town and funeral plans were not set as of yesterday.

Mose Hardnett Hardnett Ella Hardnett Mose West Main Street T. Bivens W. H. Wallingford Ht. B. Broyles W. L. Stinnett A. C Vines P. R. Wilson Walter Kesesinger T. H. Holt Mose Hardnett

Women’s Club Members Urged to Sell Chautauqua Tickets

Mrs J L Fry president asks all club members to buy and sell tickets this week to back Redpath guarantors for Princeton Chautauqua. Three wishing tickets available from Mrs G B Halstead who will assign selling territories.

Woman's Club JL. H. Fry Redpeth Princeton G. B. Halstead Redpath Chautauqua

Chautauqua Ticket Sale推进计划与开幕安排

Guarantors meet at 7 o'clock at the Presbyterian church to finalize arrangements for the season ticket sale. The chautauqua tent will be erected on Friday with the program starting Saturday, and admission money goes to the chautauqua bureau.

Chautauqua Bureau Presbyterian Church Chautauqua

Social Visit Notice From Local Households

Mrs. Guy Baker of Henry street hosts Misa Naomi as a guest. Foreman of Mobile Alabama plus Mr and Mrs Claude A Deyerle and their Lynchburg Virginia baby visit B K Deyerle on College street.

Guy Baker Henry Street Misa Naomi! Foreman Mobile Ala Claude A. Deyerle and Baby Lynchburg, Va Mr. Deyerle B. K. Deyerle College Street

West Virginia Worker Fractures Leg In Pipe Accident

Fe Gibson, 21, employee of the West Virginia Water Service company, suffers a leg fracture when a pipe he and others were carrying falls on him on Whitethorn Street during six inch water line extensions. He is treated at the Bluefield sanitarium.

FE. J. Gibson West Virginia Water Service Company Whitethorn Street Gibson Bluefield Sanitarium

Meager Receipts for Cards at Houston Park

The St. Louis Cardinals investment at Houston Park appears likely to yield a poor return this season as attendance stays light. Last year the Houston Buffaloes led by five games at mid-June. this season the Junior Cards sit in last place with slim chances to climb out.

Houston Tex St. Louis Cardinals Houston Buffaloes Carda

Summer Squeaks and Oils for Household Devices

Squeaky doors and hinges worsen in heat as lubricants dry quickly. Regularly inspect and oil all mechanical devices around the home to prevent wear and keep machines functioning.

The Gumps of Catching Fish Relegate Crafl Baibarous Fis Hook

An odd tale centers on efforts to place the Crafl Baibarous fis hook in a museum. Torture devices from the medieval era are cited as context for the historical artifact.

Also Mentioned on This Page

Associated Press Indus Moses Hyman First National Bank Building Welch Turkey Gav Coal Vera Pocahontas Coal Welch Armature Wascott Cor Northfork Finance Sterling Hardware Pocahontas Fuel Common U. S Steel Lule War Creek Seegseeveeses Rysier Hudson OL Kennecott Krogeta Mack Traeke Cotegberss Marland Ppc Shell Trion Stand Texas Corp Texas Sulphur Weatinghee al Weatinghee Rec Woolworth Wright Ah Nat Cash Penney Sim Petrol Bales Pacific Youngetn Sh Tb NY Sre Oecesse Eevess Nyn Hand Iiira Oeere WRM Nce Ccvv Norpean Orseeeteeenese Phila Pwo and Truss Pitt Consol Skelly South Pacific South Rly Cal Warner Bros OU N Western Ma Eligabeth G. Cassell Hancock Investments Bluefield West Virginia Fivet National Bank Little War Creek PY Ahern Mal DE Mar Atlantic Mariaer Chicago Grain Toledo Grain Baltimore Livestock Pittsburgh Livestock Chicago Livestock MONEY First National Bank Bluefield, W. VA E. J. Gibson This City Houston Park Isaac T. Mann James Ellwood Jones C. L. Alexander Arthur J. MacBride TK. L. Wallace HM. R. Hawthorne Pocahontas Fuel Company ONE Broadway Pocahontas” Coal “Reg U S&s. Pat Pocahontas Udewater Great Lakes United Stata Tidewater Piens Lambert's Point Sewall's Point Norfolk and Newport News New Bedford Salem, Mass Mystic Wharf Boston Portland, Maine Sandusky North, Va Sins” W Va Cincinnati, Ohio Chicago, UK Detroit, MI Moxey, Savon & CO. Ltd Lime Street Square London B. C England TION Rotterdam Frederick Gundersen BK. Pinto Basto & CO. Ltd Lisbon Keval COR & Clerics Lomental Genos Arthur ‘Prudin Drottninggalan Stockholm Bergbrun Veothenburg BY M’manus Maggie LI Service, Inc Britain Vias Beautiful Maggie DANS Lake Geneva Andy Gump BY Sidney Smith Sigge GUMP Tate
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