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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 30, 1931

Page

14

Irregularity 16 Shown In Bonds Irregularity 16 Shown In Bonds

New York June 29 The stock market fell back after a sharp rise last week as profit taking and delays in Mellon Laval talks spurred selling. Bonds and commodities showed some irregularities with wheat and corn inching higher while cotton fell sharply. Rail issues weakened with Atchison Union Pacific and New York Central dropping several points. Major names like United States Steel and Sears Roebuck slid, while a partial rally faltered. Month end settlements influenced money markets with higher long term loan rates and a nominal spread between call money and outside rates.

Paria Mellon- Laval Wall Street Atchison Union Pacific New York Central United States Steel American Can Sears Roebuck Woolworth Consolidated Gas American Kennecott Anaconda North American Johns Manville American Telephone Eastman Kodak Allied Chemical Auburn Auto Stock Exchange

Bond Market Declines Across Sectors in Irregular Trading

In New York on June 29 reaction in the bond market was marked by irregular declines and sharply curtailed trading. Most groups showed losses with foreign obligations framing the narrowest declines. Railroad, industrial and public utility issues ended with fractional losses, though brief gains occurred within some segments and the downturn touched all investment ratings.

New York

Hancock Investments and Trust Shares Noted Amid Listed Values

Readable entries show Hancock Investments in Bluefield WV with 70.00 figures, Mullens Grocery Fundamental Trust shares, and Southwest Lumber Co 60.00. A notice marks Cites Service closed on June 29 and a market bid on June 29 noted at 12 percent in Indian Territory.

Mullens Grocery Fundamental Trust W. M. Litter Southwest Lumber Co Indian Territory Oiel Jee

Government Bonds Close Mixed in New York Trading

New York June 29 government bonds closed with mixed results as several issues edged higher while others slipped. Treasury 3s and 4s showed differing prints with quotes around 106.7 and 102.28, reflecting fluctuating demand in a cautious market.

New York Bauote Ovsecanses Wbcoceccs Treasury Enesavens Wonwers

Foreign exchange rates and demands listed for major markets

New York June 29 reports irregular foreign exchanges with Britain at 4.86 percent and other currencies quoted in cents. The bulletin lists demand and cable rates for multiple countries including France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentina Brazil Tokyo Shanghai Montreal Mexico City and more with various percentages and figures.

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

New York Stock Exchange Quotations

James Fe. Mann, manager, and Jack R. Younger, assistant manager, oversee daily stock quotations at the New York Stock Exchange. The brief notice highlights their roles in handling market data and operations.

James FE. Mann

Call Money Rates and Short-Term Loans Mildly Change

New York June 29 call money steady at 1 percent all day. Time loans hold at 60-90 days 14 11 percent, 4 months 11 percent, 5-6 months 14 2 percent. Prime commercial paper 22. Bankers accepts unchanged: 30 days 7, 60-90 days 1, 4 months 1, 5-6 months 1.

New York

Treasury receipts and expenditures for June 26 disclosed

Treasury receipts for June 26 totaled 4,891,883.25 with expenditures of 11,045,21.49 and a balance of 502,438,034.44. Customs receipts for the month to June 26 reached 25,120.20.

Washington Treasury

Cotton goods rally and rayon demand sustain market

Dry goods reports show cotton goods in better demand at market close while gray goods stay steady. Rayon yarns are scarce for quick delivery with manufacturers expecting steady work through the summer. silk advances sharply at Yokohama and remains firm locally. wood goods stay quiet and firm.

New York Yokohama

Butter Prices Rise as Demand Shifts in Heat

Butter prices advanced fractions on top scores today with choice offerings scarce. Receipts were affected by unusual heat over the past week, with fresh prices ranging around 98 to 87 cents and central carrots listed at 90 cents amid varied loads.

Chicago

Sugar market steady on light volume and firm futures

Raw sugar held steady in New York trading with limited participation. Futures closed unchanged to two points higher, with modest turnover of 8,050 tons. July through May futures listed from 1.30 to 1.55 and refined grades steady at 4.55.

New York

Pittsburgh Produce Prices United States and Pennsylvania Agr Dept

Produce demand moderate across apples cabbage onions potatoes butter cheese and poultry with varied prices by region. Illinois Indiana Ohio North Carolina Virginia Louisiana markets show steady to higher values with crates barrels sacks and finite counts for each item.

Pittsburgh U.S Illinois Indiana Ohio Marietta Texas North Carolina Virginia Louisiana Bliss Hennery

Pittsburgh Livestock Prices Slide on Opening Trade

Pittsburgh June 29 U S Department of Agriculture reports hogs at 2 000 head opening market steady to higher by weight class good and choice hogs light 130-160 pounds 7 80 to 8 10 and larger weights 7 90 to 8 15 packing sows 5 00 to 5 60. Cattle 800 head slow about 25 lower steers 900-1 300 pounds 6 75 to 8 00 heifers 550-850 pounds 6 75 to 7 75 cows 3 50 to 5 00 bulls not listed.

Ittsburgh U. S&s Chicago U. S. Dept

Livestock Auction Prices Include Cattle Sheep Ranges

Beef cuts at 4.25 to 5.00 for cutter to medium, vealers milk fed 6.25 to 8.50, calves 250 to 500 pounds 5.00 to 7.00. Sheep mostly steady with lambs 90 pounds down 6.50 to 8.50, lambs 91 to 100 pounds 5.50 to 8.00, yearling wethers 2.50 to 5.00, wethers 90 to 120 pounds 1.25 to 3.00, ewes 90 to 150 pounds 1.00 to 2.50.

Cur b Market Endures Profit Taking Amid Oil Slump

New York June 29 curb market signals pressure from profit taking as turnover drops to about 400 000 shares with utilities leading declines. Oils hold relatively firm while Gulf Indiana and Cities Service slip fractionally. Socony Vacuum begins when issued trading replacing General Petroleum with share for share exchange pending completion.

New York Fridey Vacuum Plymouth Gulf, Indiana Cities General Petroleum Standard of N

Cincinnati Produce Quiet Market Report

Cincinnati market notes show Egge quiet and firm with extra firsts at 18 and firste isk seconds at 124 for nearby ungraded produce.

Cincinnati Egge

Grain prices react to dip in heat wave in Chicago

Chicago June 29 grain market saw prices shift after a reported break in the heat. Oats surged earlier, lifting to 6% cents above two weeks prior while corn topped at 19.5 cents. Wheat closed unsettled with small gains, oats up about 1 to 2 cents, and provisions mixed.

Chicago

Toledo Grain Cash Prices and Feed Values

Toledo June 29 grain and feed prices list cash bids for ice No 1 red 70 71 No 2 red 71 5 No 2 yellow 61 62 No 3 yellow 60 61 Data No 32 white 31 31 No 3 white 30% 21 Red clover cash domestic old 13.50 domestic new 13.75 October 13.75 December 14.00 choice cash old 13.75 cash new 14.09 Alsike cash 14.00

Toledo

New York Poultry Prices Reported for June 29

Market listings show dressed poultry prices for chickens turkeys and fowls with frozen and fresh options. Eggs quoted at 18 688 per dozen with noted firmness. color categories and regional henneries listed with various extras and firsts.

New York Western Hennery Pacific Coast

Baltimore Livestock Prices and Receipts Report

Baltimore markets show cattle receipts 30 with steers at 7.25 to 8.00 for good to choice and cows 2.00 to 5.00 depending on grade. Hogs receipts 1,700 with lights 8.00 to 8.30 and heavies 7.00 to 8.00. Calves bring around 4.00.

Chicago Livestock Prices and Market Summary

Chicago market report shows hog total around 40 000 with direct 9 000 and 15 to 25 range declines. early tops at 7 0 7 45 with various weight classes and sow losses. Cattle and calves totaling 14 000 12 000 cattle and 2 000 calves with fed yearlings steady to strong and beef cattle barely steady as stock feeds fluctuate.

For Sale or Rent Bargain Two Houses Hale Addition

For Sale or Rent two houses offered by Jos F Shelton. One six room house with bath full basement furnace heat and hardwood floors in good condition at 2511 Bluefield Avenue Hale Addition. The other house has ten rooms bath basement furnace heat near Beaver High School on Fourth Street. Owner will sell or rent to reliable parties on reasonable terms or long term lease. Call 2660 or visit 2511 Bluefield Ave to view and discuss options.

Bluefield Avenue Hale Addition Fourth Street Beaver High School

Beef and Veal Cattle Prices Across Grades and Weights

The market shows steady veal and steady bulls with varied cattle prices. Slaughter cattle and vealers range from common to good and choice with weights from 600 to 1,500 pounds, while sheep show slowing demand and lower bids across lambs and yearlings.

Trade trends and metal markets show soft furniture demand

May business for the furniture industry was the weakest since December, per Seldman and Selman. Copper rose a quarter cent for the fourth time in a week to 9 cents per pound domestic and 9 1/275 for export. The National Raw Silk exchange in Europe set a new volume record with 5 730 bases traded, surpassing the 5 440 high.

Associated Press Seldman and Selman Sik Raw Silk Exchange

Weston named industrial commissioner for Erie system

George F. Weston is appointed industrial commissioner of the Erie system effective July 1, succeeding the late officials. The Panhandle Eastern pipeline project will extend from Texas to Oklahoma Kansas Illinois and western Indiana with lateral lines to Jacksonville Decatur Champaign and Danville Illinois. The Sheehan Pipe Line Construction company of Tulsa will build the connections and gas service is slated for August 15. The Young Lee Pipe Line company is chartered with $1,000,000 capital and will jointly own a $2,900,000 pipeline from east Texas to Beaumont with Sun Pipe Line company.

New York George F. Weston Erie C. Be, Ward Brokaw Dixon Garner McKee Panhandle Texas Oklahoma Kansas Illinois Indiana Jacksonville Decatur Champaign Danville Sheehan Pipe Line Construction Company Tulsa Okla Young-Lee Pipe Line Company Young-Lee Oil Company Sun Pipe Line Company East Texas Beaumont

State Supreme Court Allows Appeal in Ohio County Land Case

Charleston WV June 29. The state supreme court today allowed an appeal to the defendants in the Ohio county case of Ray Sole against Samuel Kindelberger and others. The case involved setting aside deeds to a tract of land and vesting title in Kindelberger to satisfy a claim held by Sole.

Charleston W. Va State Supreme Court Ohio County Ray Sole Samuel Kindelberger Kindelberger Bole

Governor Declines Action Over Barberton Disturbances

Governor White stated he would take no action regarding last week's Barberton disturbances where injuries occurred due to no official complaint. He said he spoke by phone with the Akron Beacon Journal editor but did not disclose details of the conversation.

Columbus White Barberton John Akron Beaco Journal

Smith for President Club Papers Filed in Massachusetts

Boston June 29 The Alfred E. Smith for President League of Massachusetts filed with the secretary of state records by Rep James K. Hagan Summerville as chairman. League aims to secure Smith delegates to the next National Democratic convention. Smith carried the state in 1928 the first Democrat since 1912. Hagan says he cemented the party in Massachusetts.

Boston Alfred EB. Smith League of Massachusetts James K. Hagan Summerville Hagan Smith Smit Massachusetts

Also Mentioned on This Page

Paris Lad Ut'ty Tot. Ee Standard Statistics Co R.r.'utty N. Y. Stock Exchange Bluefield, W. VA New York Stock Exchange New York Curb Echmond Stock Exchange New York Cotton Exchange Chicago Board of Trade Jack R. Younger Adams Express Kelvinator O Liggett and Myers B American Car and Foundry Lowe's Inc Ee Louisville Nashville Lundrum Steel American Rolling Mills McKeesport Tin American Steel Foundry McKesson and Robbins Es Il Magma Copper Enon American Tobacco Mathieson Miami Armour B Missouri, Kansas Texea Cence Associated Drygoods Atchison, T F. Ry Montgomery Ward Nash Motoreee Atlantic Coast Line Wenne Nee Atlantic Refining National Biscuit National Cash Register Aviation Corporation National Dairy Producta Baldwin Locomotive National Distillers Ween Econom Baltimore National Power and Light Mee Eeenn Bernsdall A Nevada Consolidated Bendix Aviation Best and Co Wewresee North American Aviation Bethlehem Steel North American Co Oliver Farm Equipment Borden and Co Otis Elevator Ee Brooklyn-Union Gas Pacific Gas and Electric Briggs Manufacturing Wwee Byers Pipe— Anon Pacific Lighting Eees California Packing Packard Motors Awe Paramount Publix Canada Pathe Exchange Penney, J. C Cerro de Pasco Apeeeveunse Pennsylvania R. R. Billy Chesapeake Corporation Phillips Petroleum Eee Wenn Ween Wee Pillsbury Flour Wwe Proctor and Gamble Meee Ewer Mil Public Service N. J We Northwestern U. I Pacific Pullman Col Gas and Electric Reo Motors Eee Republic Stee Reynolds Tobacco Royal Dutch Continental Baking A Continental Motors -Oe Seaboard Air Line Continental Oileee Shell Union Oil Meee Wnnen Crucible Steel Shattuck Curtiss-Wright Simmons Bed Curtiss-Wright A.eee Sinclair Oleee Davison Chemical Connee Southern California Edison Drug, Inc Wnnne Southern Pacific Southern Railway Connn Erie Electric Power and Light Standard Oil of California Federal Water Service Oolaetine New Jersey Foster Wheeler Fox Film A Stewart Warner Ee Freeport Stone and Webster Studebaker General Asphalt Texas Corporation General Electric —Ae Eee Texas Gulf Sulphur Ooe General Foods Transamerica Corporation Meee Nee General Public Service Wee Underwood Elliott Os Oe Eee General Railway Signel Union Carbide Gillette Safety Glidden Co. Es United Aircraft United Carbonee Et Hewenn Graham Paige United Corporation United Gas Impr Goodyear Tire U. 8. Steel United States Steel Aee Ewnne Utilities Power and Lt. A Hayes Body Ewe Wene Vanadium Steel Eee Ee Eee Prc Steensenaaly Ga Hershey Chocolate Wabash Houdaille Hershey Ward Baking Houston Oil Hupp Motors Western Maryland Western Union Sovsmousascoes Int. Bus Westinghouse Airbrake Internal Combustion Westinghouse Elec Vu International Harvester Wweene Willys-Overland International Shoe Weaca Worthington Sone Youngstown Sheet and Tube Pittsburgh Livestock Cincinnati Produce Chicago Grain Toledo Grain NEW York Poultry Baltimore Livestock Chicago Livestock Jos. F Shelton Bluefield Ave Wall Street Briefs Guerenty Investment Co Charleston, W. Va Charleston, West Viirghha Isaac T. Mann James Ellwood Jones O Ll. Alexander Arthur J. MacBride R. L. Wallace H. R. Hawthorne Pocahontas Fuel Company Incorpo U. 8 Pocahontas Coal Fields Tidewater Great Lakes United States Atlantic Coast Lambert's Point Sewall's Point Norfolk and Newport News Rocay New Bedford Mass Salem Mase Mystic Wharf Beaton Portland Maine Sandusky Boston, Mass MOXEY, SAVON @ GO., LTD Lime Street Square London I C England Coal Trading Association Rotterdam Frederick Gundersen Bergen E. Pinto Basto & CO Lisbon S.A. Henry Coe & Oolierics Lomellini Arthur Feladin Drottninggatan Stockholm Aktieholaget Bergbrun Gotherburg Tom Carr Henrietta Sander Swe Hie Bim Gump Tom Emboer Ark Bimbo BY Sidney Smith Benjamin Gump
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