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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Oct 07, 1925
Page
10
Final quotes show wheat firm at top of day with December at 1.41 and May at 1.41 as new style contracts. Corn up 1 to 1% with hogs steady to mixed and cattle gains uneven amid strong receipts. sheep show better demand but uneven futures across grades.
New York tolls show widespread declines after a day of heavy selling on October 6. Traders blamed weakened technical positions and high call money, with 2,136,400 shares changing hands. Notable moves included declines in U S Steel, Baldwin, American Can, Mack Trucks, and rail stocks, while Woolworth and other di scounts hit session highs before retreating.
A brief stock and bond listing shows items labeled Asket with values 126.00 80.00 and 145.00 for coal property.
Bond prices stayed steady in quiet trade on Oct 6 as a few industrials buoyed sentiment while railroads faced selling pressure. Liquidation of French obligations waned after debt talks failed, and concerns over Rock Island and a proposed NYP&C railroad weighed on mergers. Some rail issues fell one to three points while others like American Smelting and Bethlehem remained comparatively strong.
American writing papers rose in price as Steel 5s and United Drugs led trading. Talks centered on a $50 million Czhecho-Slovakian loan likely to close after a debt settlement. An $18 million Chilean Nitrate and Railway bond issue was eyed for early offering.
United States government bonds finished with Liberty 34s at 99.30, First 4s at 101.24, Second 4s at 100.28, Third 4s at 101.6, Fourth 4s at 1023. Treasury 4s settled at 102.29 and Treasury 4%s at 106.10.
A fragmented stock table lists Allied Chemical and Dye, American Car and Foundry, American Water Works, Baltimore and Ohio, Bethlehem Steel, California Petroleum, Continental Oil, Chandler Motor, Du Pont, Du Pont Nemours, General Electric, and Standard Oil among others. It shows prices and percent changes with partial figures and scattered company names.
Call money strong with high 6 percent and ruling rate 6 percent. Closing bids steady at 5 percent with offers at 5 percent and last loans at 5 percent. Call loans against acceptances quoted 4 percent. Time loans firmer with mixed collateral for 60 to 90 days at 4 percent and 4 to 6 months at 4 4 percent. Prime mercantile paper noted at 4 percent.
Foreign exchanges remained steady with quotations in cents for numerous currencies including Great Britain 4 83 1/2 demand and 4 84 cables, France 4 59 demand and 4 60 cables, Italy 4 01 demand and 4 01 4 cables, and other nations led by Argentina 40 87 and Brazil 14 87.
SEED Toledo Ohio Oct 5 Wheat cash 1.59 1.60 Clover seed cash and October 17.60 December 15.90 February 16.00 asked Alsike December 14.50 bid March 14.65 Timothy seed cash October and mece 3.80 asked March 3.90 asked
Chicago grain prices surged today amid storms that halted threshing and fueled fears of a potential shortage. Traders noted a broad upward swing as supply concerns and weather disruptions weighed on the market.
An ad promotes coverage against fire theft collision property damage and public liability with strong financially sound companies and a nationwide network for quick settlements. It urges readers to inquire about protection on these five points for their vehicle.
Butter firm receipts total 8 973 with exes at 23 410. Fresh weathered extra firsts 45 60c. storage 35 36?c. fresh gathered firsts 41 4 1/4c. storage 33 4 4c. Fresh gathered seconds and poorer 22 4c. Nearby hennery whites closely selected extras 1 73c. Nearby pullets 49 54c. browns 53 68c. Pacific Coast whites firsts to extras 50 63c. Cheese firm receipts 259 236 gestate whole milk rates and run 25e.
Livestock market reports show 11 000 cattle receipts with a slow steady trade on fat steers and stock cattle. Prices trend lower for most weights with a few good to choice bullocks steady. best matured steers fetch around 15 40 dollars.
The report shows lamb classes steady to strong with top range around 15.85 to 15.90 and natives up to 15.86. Bulk lambs near 16.25 with most culled animals between 11.50 and 12.00, fat range upward to 8.25.
Butter in Chicago on October 6 shows a dull market with a half cent drop on 92 score. confidence wanes and trading remains quiet with some floor stock accumulation. Prices posted: fresh 92 score 49¢, 91 score 48½¢, centralized 90 score 47½¢, 89 score 45½¢.
Wool sales remain hand to mouth though demand improves. Mills are willing to take fair sized lots. Foreign and domestic wools distribute sales well. One quarter blood combing wools from Ohio and Michigan hold at 51 cents grease. Territory combing sells 90 to 95 cents clean.
Live poultry reports mixed movement with no quotations given while dressed poultry shows firmness in the New York market as buyers monitor demand.
A fragmented Oct. update notes newly flagged alterations in flour markets. The text shows irregular wording and unclear figures, suggesting shifts in supply, demand, and pricing that require corroboration from reliable sources.
New York sugar traders quoted a 1/32 cent gain with nearby futures steady to slightly lower. Demand centered on near term Philippine and Cuban cargoes, with 40 000 bags and 7 000 bags reported at near prices. December and other future contracts closed modestly above the bottom, while refined sugar fell five points to 56.10.
The day in Washington covered funding for Czechoslovakia debt and testimony before the interparliamentary union. Secretary Hoover urged a fourth national conference and demilitarized zones while broader armament reductions were discussed. Palmer was removed from the board and the vice presidency was Saiee a s.
Real estate transfers filed for recordation include J. Peters and others to R. F. Dil- in the county court clerk’s office records. The item lists transfer actions and involved parties as part of official docketing.
A list of Bluefield and Princeton property transfers shows Montvale and Stonewall additions with various lot and section numbers and monetary considerations from $1 to $9,500 plus a large Matoaka sale. The passage ends with a dentist remark approving a new patient’s teeth as in perfect condition.
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