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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 28, 1932

Page

9

Government Bond List Firm at New York Market

Light liquidation seeped through the stock market as several dividend issues near payout dates weighed on all groups. Trading totaled 767,090 shares with losses from 1 to over 4 points. U S Steel preferred fell 5, Norfolk and Western dropped 9, IBM down 5 amid a crowded dividend calendar and political concerns.

New York Ces U. S U. S. Steel Allied Chemical Westinghouse American Telephone Santa Fe Union Pacific Coca Cola Corn Products National Biscuit Public Service of New Jersey Norfolk and Western American Can

Bond Market Dullness Persists as Liquidity Wanes

In a quiet session, United States government issues firmed moderately while corporate bonds showed weak resistance to liquidation. Totals reached 7.248 million in value with 60 loans down four tenths, and 20 principal industrials hitting a new yearly low amid no clear news from Washington or Lausanne talks. Chicago Democratic convention activity had little impact on trading.

New York United States Washington Lausanne Chicago

Wall Street Briefs and California Gasoline Price Move

New York stock exchange seat values edged down from the rally peak with a membership sale at 80000 dollars, down 5000 from the prior case but 12000 above the recent low. Standard Oil of California raised online prices two and a half cents a gallon after crude oil advance effective June 26, the first California gasoline price change since April 9 when retail quotes fell two cents a gallon.

New York New York Stock Exchange Standard Oil Company California

Foreign exchange rates in New York on June 27

Irregular foreign exchange figures show Great Britain at 3.60 dollars per pound with cables at 8.614 and 60 day bills at 3.59. Other currencies listed include Belgium 13.22, Germany 23.67, Japan Tokyo 26.94, Argentina 25.79 and Mexico City silver peso as nominal rate with Montreal relation.

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

Government Bonds Do Not Trend With Market in New York

Government bond prices in New York closed steady with slight moves across issues. Liberty 34s were at 101.2, First 4s at 101.19, Fourth 4s at 102.22, Treasury 4 1/8s at 104.27, Treasury 49 at 92.4, and Treasury 3 3/8s at 99.31 or 98.15 depending on issue.

New York United States Liberty Treasury

Hancock Investments Lists Preferred and Common Prices

C B Hancock Investments notes Cities Service options with $6 preferred at market and American Electric Power Company with $7 preferred at market. Cities Service common shares closed June 27.

C. B. Hancock Investments Cities Service Aiiana Fr Electric Power Company Cities Service Common

New York Stock Exchange Quotations Note

Quotations furnished by Bryan, Kemp and Company list activities across New York Stock Exchange, New York Cotton Exchange, New York Curb, Chicago Board of Trade, and Richmond Stock Exchange. Managers James E. Mann and Jack R. Younger noted with office contact.

N. Y. Stock Exchange Bryan, Kemp and Company New York Stock Exchange New York Cotton Exchange New York Curb Suchanee Chicago Board of Trade Richmond Stock Exchange

Call Money Rates in New York for June 27

Call money steady at 244 percent all day. Time loans firm with 60 90 days at 144 and 4 6 months at 1 percent. Prime commercial paper 24 percent. Bankers acceptances unchanged for 30 days at 1 percent. 60 90 days and 4 months at 1 percent. 5 6 months at 1 percent.

New York

Treasury Receipts and Outlays for June 24

Treasury receipts for June 24 totaled 2.99694 million dollars with expenditures of 42.164 million and a balance of 555.696 million. Customs duties for June 1–24 amounted to 13.780553 million dollars.

Washington

Coffee market quiet with limited trading in New York

Coffee trading in New York June 27 showed quiet, steady activity and very limited volume as European and local traders provided the few bid requests. No. 7 contracts closed near unchanged to slightly down, Santos futures moved within a narrow range amid small sales.

New York Santos Ape Rio

Sugar market steadies as buyers and sellers differ

New York sugar market remained firm with no new business. Holders sought 2.95 duty free for nearby delivery while買ers showed interest up to 2.90. Approximate 15,700 tons traded. July 0.86 September 0.94 Feb 1.00 Jan 1.01 Mey refined steady at 3.90 for fine granulated.

New York

Pittsburgh Produce Prices Across Regions

Produce prices show moderate demand with apples at 7 carloads per bushel basket, cabbage steady in Illinois at 15 carloads per 100 lb crates, onions steady at 11 carloads per 50 lb sacks, and potatoes steady in 100 lb sacks with Green Mountains Maine at 90 to 95 cents, new stock barrels, and various regional butter cheese and eggs values. Poultry and hog prices listed with range shifts for hens, broilers, and dressed hogs.

Pittsburgh U.S Ohio Iowa Texas Maine North Carolina Virginia

Dry Goods Market Sluggish. Cotton Demand Quiet in New York

New York traders reported a quiet session with buyers showing more interest in specialty cotton goods for future delivery. Burlaps moved slowly as markets opened.

New York

Toledo Grain Prices on Track for June 27

Toledo grain on track at 28%c rate basis, nominal. Wheat No. 2 red 44 44% No. 1 red 45 45% Corn No. 2 yellow 29 29% No. 3 yellow 28 28% Data No. 2 white 21 22% No. 3 white 20 21%

Toledo

Pittsburgh Livestock Market Report Summary

Pittsburgh market notes cattle and calves with mixed gains: hogs up to 25 higher across several weight ranges, cattle steady to higher on feeders and yearlings, vealers steady. Prices list by weight class and grade. no major shifts in cow and bull values.

Market Report on Cattle and Calves Prices

The circuit notes milk fed cattle at 5.50 to 6.50 for good and choice, common and medium 3.50 to 5.50. Calves 250 to 500 pounds fetch 3.75 to 5.75 for medium to choice. Scene 3,500, slow to steady with no change. Yearling heifer 91 to 110 pounds brings 3.00 to 4.50 for medium to choice.

Baltimore livestock market report highlights steady cattle

Baltimore June 27 cattle sale totals around 400 with steady trading. Steers bring 6.50 to 7.25, bulls 3.50 to 4.00, heifers 5.25 to 5.50, sheep and lambs 200 head, hogs 2,000 head higher with lights 4.75 to 5.20 and heavies 4.25 to 4.90, calves 500 steady with good to choice 5.00 to 6.25.

Pittsburgh U. 8 S. Dept Baltimore Chicago U. S. Dept

Chicago Livestock Prices June 27 Report

Hog livestock totals show 27 000 head with 8 000 direct sales. top hog price 4.70. pigs and packing cows listed with various weight classes and prices. Cattle and calves market noted as steady with ranges for slaughter cattle vealers and cows across weight categories and quality grades.

New York Poultry Prices And Prices Mixed For Fresh And Frozen

New York on June 27 reports creased poultry steady with fresh or frozen chickens at 15 27 cents and fowls at 12 19 cents per pound. Turkeys frozen 18 27 cents, ducks fresh 11 14. Eggs at 20 858 unsettled with mixed colors standards cases 45 pounds net at 154% 14% and rehandled receipts at 43 pounds net 13% with various grades and special packs sold on credit with noted price ranges.

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Trade Trends in May Boosts for Foods and Wool Markets

May export shipments of canned vegetables rose above May 1931 figures in both volume and value, with shipments valued at 468 283 dollars versus 326 12 dollars in 1931. Meat packing gains benefit both packers and farmers as hog prices rise, supporting price stability. Domestic wool markets show steadier tones with higher values. Boston receipts last week reached 2 095 900 pounds, season total 53 629 000 pounds versus 101 073 700 a year ago. About 85 to 90 percent of Cuba's coffee comes from Oriente province.

Associated Press Foods Department of Commerce Boston

Roosevelt Forces Hold Line In Six Ballot Plan Clash

Albany dispatch notes Governor Franklin D. Roosevelt calls on followers to cease efforts to abrogate the two thirds nomination rule as convention debates intensify. Kremer of Montana chairs rules committee while opponents press for majority rule amid rival Roosevelt Farley deliberations and party divisions near the Chicago convention.

Richard Metcalfe Omaha Rules Committee J. Bruce Kremer Montana Roosevelt Pomerone Huey Long Louleiana James A. Farley Frank Hague Jersey City Alfred E. Smith Farley Wan Kremer Psn North Carolina Alabama T. J. Lyons Oklahoma Jouett Shouse Waleh Thal Albany N. Y Franklin D. Roosevelt Chicago Pictus Executive Farley

Defer Funeral Plans For Late War Hero Bamford

Martinsburg West Virginia June 27 Funeral arrangements are deferred for General F B Bamford 69 described as a hero of the battle illustrates ongoing delayed services for the wartime figure.

Martinsburg W. Va Genera F. B. Bamford

General Bamford Memorial Mentioned in World War Tribute

Fragmentary lines say General Bamford is linked to a Martinsburg resident and a tribute by General John J. Pershing in a World War book. Earlier text notes a brain hemorrhage affecting General Ford and a Mrs Bamford traveling Canada, with Cantigny ties and a home arrival after an early walk.

Cantigny Bamford Canada Ford John J. Pershing Martinsburg

Withdrawal of Ohio Guard From Coalfield Area

Columbus June 27 The Ohio national guard to pull back four officers and 71 enlisted men from the bituminous mining strike area in Athens county. Guards strength in the district cuts to 250. In Nelsonville police chief threats to seek martial law if disturbances at the Lick Run mine persist.

Columbus Ohio National Guard Athens County Frank D. Henderson Nelsonville George Bateman Governor White Lick Run

Preston County names new sheriff to finish Williams term

Kingwood West Virginia June 27 Staley Albright contractor was named sheriff of Preston county at an executive session by a 6 to 2 vote to complete the six month term of Sheriff W W Williams Williams who was ousted Saturday after a state audit disclosed a seventeen thousand dollar shortage Williams is hospitalized in Cumberland Maryland and may seek an injunction to block the appointment.

Kingwood W. Va Staley Albright Preston County W. W. Williams Williams Cumberland

Communists Clash With Bonus Marchers in Washington

In Washington on June 27 six men were surrendered to police for investigation after clashes with supporters. Two others were escorted to the Maryland DC line and instructed to leave the city. Veterans groups denied responsibility for the rough handling and condemned the expulsions.

Washington Maryland District of Columbia

Also Mentioned on This Page

Bluefield Daily Telegraph Bluefield Standard Statistica Co Ind R.rerlurgt Totmogecen Standard Statistics Co Wall Street Briefs Bluefield, W. VA James E. Mann Jack R. Younger Toledo Grain Pittsburgh Livestock BY Sidney Smith Tom Baltimore Livestock Chicago Livestock NEW York Poultry Growere Cuba Oriente Gates Ade Max Schmeling Jack Sharkey Preston Alexander Harry Bowen James Ellwood Jones H. R. Hawthorne Arthur J. MacBride Gales R. L. Wallace Pocahontas Fuel Company Incorporated One Broadway Tidewater Rigihal Nat Rocamonta Trade Bios Ateamera Atlantic Coast Tidewat Lambert's Sewall's Point Norfolk and Newport News, Va Ane New Bedford Mass Salem Mystic Wharf Portland Great Lakes Sandusky Boston, Mass Portland, Ales Mertoin, Va Bluefield, W. Ve Cincinnati, Ohio Chicago, Nhetich of Oxet, Wavon & Co., Ltd Lime Street Square London Eenne Rotterdam Prede Gundersen B. Pinto Basto & Co., Ltd Lisbon Port Fils Freckles MR. Ditmar Poodle MR. Early Who Tag Casaba Arizona Blosser NEA Service, Inc Res
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