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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 24, 1925
Page
7
The market saw broad weakness with industrials leading declines and some stabilizing gaps. Prices fell in staples such as Atlantic Refining and Jersey Central while several joke names like American Can dipped after early rallies. Parbher remained weak amid potential restructuring news.
Weal declines in Pan American shares with Os Skelty Oil G4lis and Anaconda Copper T falling 3 percentage points amid crude oil price cuts. Rumors of foreign financing include Paris and Austria negotiations. Bonds of International Paper Co may range 15 to 25 million, stockholders vote tomorrow. Market reports show prices for dairy and textiles, with waves of concessions limited, imports steady, and wool and rayon subdued but retail orders moderate.
A fragment reports burglars quickly raid a residence without waking anyone. The readable text hints at a hurried break in and search for valuables, with no injuries or identifications provided. Further details are unclear due to the damaged snippet.
New York bond prices slumped on March 23 amid widespread weakness in the stock market. Interborough Rapid Transit bonds led losses, falling two to seven points, with several other rail and industrial issues also weakening due to disappointing February earnings and deteriorating financial prospects.
Cattle receipts climb with mixed quality and higher fat grades, top yearlings near 11.90 per pound, fed steers around 11.50, and bullocks at 4.50 to 5.00. Hogs steady to slightly higher, early at 14.26 later 14.05, typical weights 170 to 326 pounds with large holdover. beef and veal prices show uneven but generally firm trends. Butter prices rise in New York creamery market, with quotes around 48% to 48.4% butterfat and related dairy figures.
Sugar prices in New York show little change at 4.74 duty paid for Inter shipment with 40,000 Cuban bags for late March and early April, 20,000 for April, 12,000 Philippines for April at 4.84, and 27,600 Philippines for May at 4.60. Futures edged up with active buying while spot markets firm, refined sugar steady at 6.00 to 6.20.
Market notes from New York on March 25 show large lines of goods including German made fabrics. Primary offerings consist of dress goods and men s wear with emphasis on quality and variety for the season.
In Chicago trading on March 23, grain prices fell with May corn down to 65. cents for May delivery and September dropping to new lows for the season amid slow demand as Great Lakes navigation nears opening. May corn settled at around 1.18 to 1.14 dollars, wheat edged higher, and provisions declined.
Readable fragments show seed prices for May and March contracts of oats hay and timothy. Included are values for Wheat No 2 red and forage types with dates such as May June August September and prices ranging from 12.00 to 19.78 per unit.
New York March 23 live poultry market shows steady tone with live poultry firm for chickens delivered by eight to twelve by express at forty cents and other items priced accordingly as buyers place orders.
The fragment lists poultry prices with terms like broilers and fowls by weight and price ranges, mixed with a broken London burglary note. It mentions dressed poultry, old roosters, and turkeys with varied cents per unit, followed by a London theft report noting burglars entering a house and boiling eggs for breakfast.
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