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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 30, 1954
Page
3
Washington June Tg details cash position of Treen Se oi Balance 6 555 47 deposits Seaw day 70 104 708 Ont 28 withdrawal 388 7 total debt 07 160 04 gold assets 21 926 includes 550 764 208 33 debt set subject to statutory limit.
York market notes June 79 CSDA tallies receipts 16,406 at nearby outlets. White mortality list and oss mediums show 24,635 and 1,616 units respectively. Butter about steady as receipts reach 1,145,610 with prices unchanged.
Richmond market notes steady to moderate prices for white and brown eggs shipped under federal state graded rules. U S Grade A large 40, mediums 32, small 22. Live poultry demand fair, supply adequate, turkeys weak. Broilers under 2 lbs 21-24 cents, 3 lbs and over 24-25. Hens 17-18, light hens 8-11, heavy hens 27-30. Roanoke and Trentville listings show A large 37-39, mediums 31-39, broilers 24% overall. Continuous receipts moderate to heavy with prices firm for delivered farm and railroad shipments.
Baltimore market notes confirm wheat No 2 and No 3 red winter classifications with receipts around 63 571 bushels and 55 1250 barrels of stock. Corn receipts 15 431 bushels with shipments near 70 650 and oats at 1 500. Wheat price listed at 21 22 per ton as a key export figure.
The stock market rebounded from a sharp selling wave to reach a new high since 1929. The Dow Jones 60 stock average closed at 128.30, up 10 points despite DuPont slipping, with gains across motors, steels, aircrafts, and other sectors and volume near year highs.
The Chicago market shows varied quotes with No 1 and 2 lots around 18 to 25.35 per cwt for 246 to 270 lb cattle and 280 to 315 lb butchers at 22.15. Sows 425 to 600 lb bring 15.7, calves around 400 pounds, and steers 25.25 to 26.50. Heifers and vealers range from 17.00 to 23.50 with several utility and commercial grades noted. Lambs and ewes show limited figures with cull ewes 0 to 5.25.
Homer Bratcher Jr. was killed in a gun battle with McDowell County officers and State Police near Jenkin Jones. Officers Mathias and Donchatz discharged revolvers after Bratcher fired a shotgun. Bratcher faced a murder warrant. preliminary hearing waived. bond set at $5,000 each for the two officers.
Baltimore livestock market notes bulk vealers at 2600-50 weight group. Odd lots over 300 pounds bring 31 to 100. Sheep and lambs show scattered prices with sows and ewes around 15 to 22 per hundred, and hogs varying by weight and condition.
Chicago prices advance as wheat demand boosts futures. Corn and soybean quotes move higher with mixed contracts and varying delivery months noted. Oats and malting markets show typical fluctuations amid active board trading.
Agricultural market note listing prices for Wheat Corn Rye and other grains across Virginia regions including Richmond Ashland Petersburg Augusta Pulaski Roanoke Rapidan and Rockingham with No 2 Red Winter No 2 shelled and white corn values and freight-like terms. Prices cited per region and varying weights show regional differences in grain trading across the state.
In New York a husband is awakened by his nervous wife who claims to hear sounds upstairs. She reports the time as two o'clock and fears an intruder. He dismisses it and reassures her that it will be him. The brief exchange captures a tense domestic moment.
Representative William C. Wampler after a White House interview said President Eisenhower will appoint a special government committee within weeks to study coal industry issues. The group, led by Senator John Sherman Cooper, includes 14 coal industry representatives and notes a 4 percent drop in consumption and a plan to ease the economic crisis. James W. Haley of Jewell Ridge Coal Company is among attendees.
Madrid dispatch notes six year old Caroline Dawson finishing her first book set for publication this year. Her literary lineage includes father Sir Geoffrey Dawson and grandmother Elinor Glyn, and her mother jokes about spelling being her main hurdle in a tale of imagination.
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