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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 29 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 27, 1931

Page

17

Market gains fade as profit taking resumes on New York close

New York stocks rose in morning trading on hopeful debt moratorium talks between American and French negotiators, then slipped as profit taking returned. Carrier stocks jumped 2 to 8 points, average 2.9 point gain across 90 issues, turnover 3.1 million. Commodities firm with cotton up 2.15 to 2.25 per bale, wheat up 1 to 1.5 cents, corn up 1 to 2. Oil and motor shares lagged while United States Steel rose to 102. Several leaders and rails ended higher amid renewed trading activity.

New York Interstate Commerce Commission Bethlehem-Youngstown Atchison Union Pacific New York Central Baltimore Ohio United States Steel American Can Bethlehem American Telephone Consolidated Gas Westinghouse Loew's International Telephone Eaton Axle Youngstown Case Auburn American

Foreign bonds rally amid Latin American gains

Foreign bonds rose sharply with a total of 23,035,000 in sales, the biggest daily turnover since June 2. The rise centered on Latin American issues after reports of possible credits to southern nations, while German and other European bonds advanced mildly. Corporate bonds also climbed but unevenly.

Hancock Investments: Mullens Grocery Shares Market Closings

C B Hancock Investments lists Mullens Grocery shares and related market activity in Bluefield WV as of June with Cities Service closing. Entries show percent ranges and reference fundamental deals in a compact financial note.

Mullens Grocery Eesees Fundamenta Lreast Padias Srsons

Market Wrap Shows Mixed Gains Across Sectors

A cautious session ended with slight advances in public utilities and rail stocks, while bonds and trials markets posted modest gains. Industrial shares rose less robustly, yet most industrials tracked higher overall.

Foreign exchange rates and demands update

New York June 26 foreign exchanges show Britain at 4.86% demand and 4.854% cables with 60 day bills 4.84% and related figures. Demands listed for Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal Mexico with varied rates.

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

Treasury Receipts and Expenditures Reported

Treasury receipts for June 24 totaled 5 012 754.90 with expenditures of 1 025 722.54 and a balance of 510 957 631.65. Customs receipts up to June 24 amounted to 22 369 764.85 for the month.

Washington Treasury

Government bonds close with Liberty 3s and First 4s

New York, June 26. United States government bonds closed with Liberty 3 1/8s and First 4 1/2s showing activity amid market shifts. Prices and yields not fully listed in the brief item.

New York United States Liberty Firat

Grain prices at Toledo market report

Grain prices listed for Toledo include No 2 corn at 59 to 60 percent, No 3 yellow 58 to 59, oats No 3 white 28 to 29, and seed something priced per hundredweight. Market figures reflect typical grain trading quotes for the day.

Toledo Cienemanl

Dry Goods Markets Report From New York

Raw cotton prices rose and cotton gray goods stayed in strong demand on June 26. Print cloths sheetings drills and fine goods were sought after with better denim and chambray sales. Finished goods sales remained light while spot burlap held steady with an upward tilt. Viscoes Rayons and women s wool goods showed moderate demand and some silks moved to easier prices.

New York

Butter Prices Steady Amid Slight Premiums on Car Loads

Butter prices were unchanged today with slight premiums paid on choice car loads of 92 score. Fresh 93 score with varied percentages, 91 to 88 scores listed. carrots at 90 score shown with prices around $9 and percentages.

Chicago

Sugar futures steady as trade covers lift prices

New York on June 26 raw sugar held steady as activity waned. Early futures dips reversed with covering and trade buying, final quotes 1 to 2 points higher or unchanged. Approximate sales 22,100 tons. July 1.29, September 1.33, December 1.41, January 1.43, March 1.47, May 1.55. Refined unchanged at 4.55 for fine granulated. Withdrawal demand strong but no new business reported.

New York

Cincinnati Produce Egg Prices in Quiet Trade

Cincinnati June 26 eggs steady with firm tone. Extras at 17 percent, firsts 14, seconds 12, nearby ungraded 15.

Cincinnati

Pittsburgh Livestock Market Report June 26

U S Department figures show hogs about 600 head, varieties and weights with prices from 5.25 to 8.25 dollars. Cattle numbers around 100 head, with steers, heifers, cows and bulls listed in ranges roughly 3.25 to 8.25 dollars. Calves and sheep also tabulated, with lambs near 90 pounds and steady trade.

New York Stock Exchange Quotations Displayed in Bluefield

In Bluefield West Virginia James Mann manager and Jack R. Younger assistant manager present at the local office for stock exchange quotations. Telephone 1500 listed for inquiries.

Isaac T. Mann James Ellwood Jones O le Alexander Arthur J. MacBride R. la Wallace H. R. Hawthorne

Local Market Prices Mixed For Dairy And Grains

Cobblers at 2.15 to 2.40 per item and Louisiana sacks at 109 with 1b. sacks. Biss Triumph 1.75, old stock Maine Green Mountains 100 lb. cake 1.50 to 1.76. Butter eggs cheese and poultry prices unchanged.

Tels Cobblers Louisiana Sacks Biss Triumphe Maine Green Mountains

Grain markets react as farm board head meets Hoover

In Chicago on June 26 Chairman Stone of the federal farm board met with President Hoover in an unannounced conference that sparked a buying surge in grains. The Farmer National Grain corporation halted extended June wheat selling as markets closed nervous. Wheat rose about 1/2 cent, corn gained about 1/4, oats up roughly 1/2, and provisions advanced up to 35 cents.

Chicago Stone Federal Farm Board Hoover Farmera’ National Grain Corporation

Livestock Market Prices for Various Carcass Weights

The report lists prices per hundredweight for several animals. Down, good and choice cattle range 6.50 to 8.00. common to medium 4.00 to 6.50. Lambs 91 to 100 pounds fetch 5.50 to 8.00 for medium to choice. Yearling wethers 90 to 110 pounds command 2.50 to 5.00. Wethers 90 to 120 pounds, medium and good 1.25. Ewes 90 to 150 pounds bring 1.00 to 2.50.

Wethere

Pittsburgh Produce Prices Slow in Market Report

Pittsburgh produce market notes demand easing with multiple commodities listed by department. Apples steady at 2.25 to 2.50 per bushel in various crate sizes. cabbage largely steady with crates and 100 lb. options in Ohio and Virginia. onions show moderate activity with crates and sacks from Texas. potatoes steady with new stock from North Carolina. data from U. S. and Pa. Departments of Agriculture dated June 26.

Pittsburgh U. S Illinois Texas Standard North Carolina

Toledo Grain Market Close Adds Stability in June Trade

New York on June 26 reports call money steady at 1 percent all day. Time loans firm at 60 to 90 days 1 percent, 4 months 1 1/4, 5-6 months 1 1/4 to 2 percent. Prime commercial paper at 2 percent and bankers acceptances unchanged.

New York

New York Poultry Market Prices and Trends

New York June 26 poultry market reports steady prices for dreased ducks and live broilers. Freight and express rates listed for fowl, roosters, and kegs. mixed colors and graded lots show firm and extra classes with a range of percentages for heavies, extras, and firats. Nearby and western varieties of hens and ducks quoted with regular packed and extra grades, including white and brown fowls and assorted weights.

New York Express

Baltimore Livestock Prices Report June 26

Baltimore Maryland livestock market totals list cattle receipts and price ranges for steers bulls cows heifers and calves with varying grades. Includes sheep lambs hogs light heavies and pigs with per head or per cwt figures and noted fresh cows and springers.

Baltimore

Paschall to lead Rotary International for coming year

YDNEY W. PASCALL of London will serve as president of Rotary International for the coming year. He was elected by unanimous ballot at the 22nd annual convention of Rotarians at Vienna, Austria. The report notes a sharp decline in construction activity and insolvencies across the United States, with weekly totals and regional variations cited.

Ydney W. Pascall London Rotary International Vienna Austria

Chicago live stock market summary June 26 hogs cattle and sheep

Hogs 14 000 with direct sales around 4 000, prices mixed with heavies and packing sows 15 to 25 lower. Early top 7 50, most porkers 7 00 to 7 40. sow and pig categories quoted. Cattle and calves slow with narrow demand. fed yearling steers up to 8 15, various steer and cow ranges 4 00 to 8 75, vealers 6 50 to 8 00. Sheep and lambs fairly active and steady, native lambs 7 59 to 8 00, yearlings and ewes varied by weight and grade.

Pittsburgh U. S. Dept Chicago U. S Ewes

Curb Market Rides Bullish Wave In New York

The curb market on June 26 showed broad bullish advances with many issues up one to nine points. Transfers totaled 680,000 shares, slightly below yesterday's 690,000, as utilities led gains including American Gas and Electric and United Light A, while Associated Gas A lagged. Industrials saw Aluminum rise nine points and Parker Pen, Pratt and Lambert up nearly four, with many other stocks inching higher in sympathy with chain store issues.

New York Yessterday Occasson American Gas and Electric Ineall Utility Investment Consolidated Gas Baltimore United Light Associated Gas Aluminum Company Parker Rust Than & Pratt and Lambert

Woolworth Stock Traded Large Volume as Oils Remain Steady

The big board showed Woolworth Ltd stock trading in large volume with a notable price point while oils stayed roughly steady, reflecting a cautious market mood. The report highlights market breadth with Woolworth’s activity contrasted against steady energy shares.

New Woolworth, Ltd

New York reports edge on transcontinental rail route plan

The Denver and Rio Grande Western will file with the Interstate Commerce Commission for permission to build a 41 mile link to join with the Denver and Salt Lake line creating a direct transcontinental route through Denver. A trackage sharing dispute remains unresolved between the two roads. Columbia Gas and Electric and Lycoming Natural Gas, affiliates of Standard Oil, discuss working arrangements to foster economical development of the new natural gas fields across northeastern Pennsylvania and southwestern New York. The National Raw Silk exchange reports weekly turnover of 12,010 bales for the week and 24,910 bales for the month, ahead of last year. Wall Street notes that Montgomery Ward stockholders favor a Sears merger and are actively studying a path to resume talks.

Kansas City Southern EU Secon Se Kelvinator Kennecott I'S Krueger Tell Kroger Grocery One Lambert Ce Wily Lehn and Fink Ligwett and Myers Lowe's Louisville and Nashville Louisville Gas and Electric O'S Ludlum Steel McKeesport McKesson and Robbins Ena Mack Truck Mathieson Seecess Miami Missouri Kansas Texas Montgomery Ward Nash Motora National Cash Register Eee National Dairy Products National Distillers National Power and Light Nevada Consolidated New York Central Cceeencsess North American Aviation Eeee Eens Norfolk and Western North American Oliver Farm Equipment Otis Elevator Pacific Gas and Electric Pacific Lighting Ee Packard oMtors Pan-American Petroleum B Paramount Publix Ee Eee Pathe Exchange Eee Ween Proctor and Gamble Public Service Pullman Ee Een Radio Corp Radio Keith Orpheum Reo Motore Eee Neun Republic Steel Seaboard Air Line Wa Southern Calif. Edison Southern Pacific Eae Southern Railway Eee Standard Oil N. J Standard Oil N. Y Stewart Warner Stone and Webster Stud Union Carbide Ee Wen Union Pacific Wen United Aircraft United Carbon Wee Eco Uv United Corpn United Gas Impr Ema U. S. Ind Pipe Fay Western Union OeeRe Westinghouse Airbrake Youngstown New York Denver and Rio Grande Western Railroad Interstate Commerce Commission Denver and Salt Lake Wall Street Denver Columbia Gas and Electric Corporation Lycoming Natural Gas Company Standard Oil Company of New Jersey Pennsylvania Raw Silk Exchange

Great Peters Circus Jump Goes Wrong

Decatur reports that circus strongman Great Peters prepared to leap with a hangman style noose around his neck to show neck strength. The elastic rope gave way and he landed hard, tearing ligaments in his legs during the stunt.

Decatur Peters

For Sale or Rent Bargain Two Houses Offer Nearby School

For Sale or Rent at a bargain two houses available. One eight rooms and bath with full basement and furnace heat at 2511 Bluefield Avenue Hale Addition. The second house has ten rooms, bath, basement and furnace heat on Fourth Street near Beaver High School. Owner will sell or rent to responsible parties on reasonable terms or long-time lease. Apply Jos F Shelton by phone 2660 or at 2511 Bluefield Ave.

Blue Field Avenue Hale Addition Fourth Street Beaver High School

Trade Trends May Auto Registrations Seen Near 248000

The Associated Press reports early May outlook for new passenger car registrations in the United States. Indications from industry data suggest total May registrations will approach 248000, signaling ongoing demand in the auto market.

Associated Press United States

Also Mentioned on This Page

Bluefield Daily Telegraph Bluefield W. Va R.R Standard Statistica Co C. B. Hancock Investments West Virginia First National Bank Cincinnati Produce Pittsburgh Livestock Bank The N. Y. Stock Exchange Bluefield, W. VA New York Stock Exchange New York Curb Exchange Richmond Stock Exchange James Mann New York Cotton Exchange Chicago Board of Trade Jack R. Younger Adams Express Seeeeenne Rumely Seeee Alleghany Corporation lAllied Chemical Allig Chalmers Cocene American Bank Note American Car and Foundry Ascorse Awcwsenn American International American Rolling Mille American Steel Foundry American Sugar Refining American Tobacco Anwest Wocene Atchison, and &. F Atlantic Coast Line Atlantic Refining One Auburn Auto Bethlehem Steel Borden and Company Briggs Manufacturing Byers Pipe California Packing Arizona Satnannneenne Cerro de Pasco Chesapeake Corporation Chesapeake and Ohio Great Western Mil St. Paul Pac Northwestern Enn R. I. and Pacific Aeons Chrysler Wn Coca Cor Cnccwnnen Vocon Woce Continental Baking Continental Can Bay Continental Insurance Continental Motors Curtiss-Wright Curtise-Wright A Davison Chemical Eeee Delaware and Hudson Drug du Pontence Eastman Kodek General Foods Makin Pecemairgt General Motors Eee General Public Service General Railway Signal Weet Grigsby Grunow Goodrich Goodyear Tire Hayes Hershey Chocolate Houdaille Hershey Houston Otlwae Hudson Motora . A Hupp Motors Ee Ewe Tilimoia Central Tat, Bus Ccccacnos International Harvester International Shoe International Nickel Johns Manville Marietta Virginia Toledo Grain NEW York Poultry Baltimore Livestock R. G. Dun and Company Pacific Coast Chicago Livestock Wall Street Briefs Montgomery Ward and Company Sears, Roebuck and Company Jos. F Shelton Bluefield Ave Pocahontas Fuel Company Incorporated ONE Broadway Pocahontas Tidewater Great Lakes Atlantic Coast Lambert's Point Sewall's Point Norfolk and Newport News, Va New Bedford Maas Salem Mase Mystic Wharf Heaton, Mass Lortland Maine Sandusky Olle Dranch Boston, Mass Mass Portland, Eine Mertalke Cincinnati, Ohio Chicago, U Detroit MOXEY, SAVON @ CO Rhreel Square B.C Enland Coal Trading Association Rotterdam Prede Ick Scooge Menrietta Nas A& Scheme Tom MR. Scooge Tom Carr BY Sidney Smith
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