Market Decline Leads Stocks Lower Across Sectors
New York stocks fell amid broad declines led by steels aircrafts and motors with the Associated Press average down about four tenths to 42.5. GM slid after its dividend news while Woolworth and Southern Railway edged higher. Prominent losers included U S Steel Bethlehem Chrysler U S Rubber and several aerospace and chemical firms. Turnover about 63,000 shares.
MENTIONED IN THIS ARTICLE
New York
Associated Press
General Motors
Manday
Woolworth and Southern Railway
Gulf Oil
Glenn Alden
Live Stock Market Mixed Asme Chicago Baltimore Sale Trends
The Associated Press reports a volatile livestock market with uneven cow weights and mostly steady to higher trends on Monday. Record highs touched for heavy fed steers, lambs, and hogs, while sows and older ewes showed mixed to steady demand across regions.
Market summary from Pittsburgh to New York wool and dry goods
Market notes report modest demand for produce in Pittsburgh with steady prices for potatoes and beans. Wool and dry goods sectors show little change with current receipts and limited trading activity in Boston and New York, as prices for fabrics and rayon yarns remain subdued.
MENTIONED IN THIS ARTICLE
Ey Theasters Ta
Pressa
Duchess
Virgin
New Jersey
Maryland
Idicho Bliss
Triumphs Rays
Associated Press
New, York
Markets At Glance Stocks Lead With Downward Drift
NEW YORK Aug 6 AP markets show easy steels lead downward drift. Bonds uneven as rails and Lat in Americans favored. Sugar weak liquidation. Metals weaken with lead price cut after copper drop. Wheat lower corn higher. Cattle strong to 25 higher. Hogs mostly steady.
MENTIONED IN THIS ARTICLE
New York
Grain and Bonds Mixed as Market Edges Rise
New York reports a muted bond session with little lift from a small movement in Latin American issues. Treasury data shows receipts and expenditures linked to a growing balance, while commodity quotes list mixed grain and metal prices with minimal changes across the board.
MENTIONED IN THIS ARTICLE
New York
U. S
Trend of Staple Prices Report Decline from Prior Day
The Associated Press price index for 38 commodities fell from the prior day, with latest figures showing declines and a mixed weekly and monthly trend. Details mention butter and dairy items among weighted averages, reflecting a general downward movement in staple costs.
MENTIONED IN THIS ARTICLE
York
Foreign Exchange Rates in New York Open Market
The Asaceintrd Prise reports New York foreign exchange opening with the Canadian dollar at a 13 percent discount, Great Britain rates at about 4.02 dollars buying and 4.04 selling, and various international currencies listed including Germany, Switzerland, Japan, Hong Kong, and more with cent values.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Officiel
Cables
Germany
Bwiteerland
Japar
Honkkong
Bhanghal
New York Poultry Market Report Aug. 6
New York eggs firm at 20.474, with various grades and districts noted. Creamery eggs command higher than extra, with premiums listed for local and midwestern markets. Trading details include pack sizes, quality scores, and buyer activity across whites and yolks.
MENTIONED IN THIS ARTICLE
Associated Brest
New York
U Ruling on Mine Work By Boys Already Used Here
Chief Rhinehart says youths under 18 barred from coal mine work in West Virginia with a pending federal order. Katherine Lenroot announces an order effective Sept 1 restricting coal mine employment inside pits and certain outside jobs to ages 16 to 19, while state law already bans under 18.
MENTIONED IN THIS ARTICLE
West Virginia
Labor Department
N. P. Rhinehart
State Mines Department
Katherine Lenroot
Child Labor Division
West Virginia Farm Bureau Elects New Director
At the annual convention in Jackson's Mill John M. Bailey of Athens did not win reelection as president. Dr C F McClintic of Prabmsbuce was chosen to succeed him while officers will be chosen by directors tomorrow. Bailey has led the Farm Bureau for five years.
MENTIONED IN THIS ARTICLE
Jackson's Mill
West Virginia Farm Bureau
al Bat
John M. Bailey
Athens
C. F. McClintic
Pbapmsbuce
Tomoorrow
Bailey
Farm Birean
Grafton Potters Strike Paralyzes Care China Works
Grafton on August 6 saw a major strike at Care China, one of the city’s largest industries, after 268 workers were laid off when the plant failed to meet a union contract. Negotiations continue with both sides predicting a settlement soon.
MENTIONED IN THIS ARTICLE
Grafton
Care China Company
National Brotherhood of Operative Potters
Bank Stocks Furnished by Waller Hardy and Company
Banks listed with securities supplied by Waller Hardy and Company. The item notes the involvement of the firm in furnishing stock information and market listings to clients. No further details on specific banks or figures are provided in the readable text.
MENTIONED IN THIS ARTICLE
Waller
Hardy & Company
Empire Trust
National City Bank
Base
National Bank
Sok Bankers Trust
Ag Chemical Bank
Commercial National
Central-Hanover Bog
Continental
Bank Ita
We Corn Exchange
First National Bank
Guaranty Trust Co
Irving ‘Trust
Bank of Manhattan
Manufacturers Trust
New York Trust
Waller C. Hardy & Company
York
Ark Anas
Une
Mae Nor, Sist, Trai
Mayor apologizes to Giltinan over airport courtesy lapse
Philadelphia Mayor Robert E. Lamberton announced he wrote a letter of apology and explanation to David M. Giltinan after his July 29 private plane landing at the municipal airport. Giltinan complained of abuse and lack of hangar space and refueling. officials cited no private-hangar and arranged courteous guards. The incident included a policeman denying reentry to the terminal.
MENTIONED IN THIS ARTICLE
Philadelphia
David M. Giltinan
Quaker City
State Board of Aeronautics
Caid
Robert E. Lamberton
Giltinan
Gilttinan
Public Works
John H. Neeson
Neeson
Cillinan
Army Urged to Use Fair Grounds For Camp
New York August 6 The New York World’s fair grounds and buildings could become a large military training center if approved by army and navy officials. Harvey D. Gibson fair board chairman says letters urging the plan note ample parking and open spaces as drill grounds and rifle ranges while buildings could serve as barracks and arsenals. The grounds adjacent to Guardia airport could also support a major aerial expansion to aid national defense.
MENTIONED IN THIS ARTICLE
New York
INS
Army
Navy
Harvey D. Gibson
T the Fair Board
Guardia
Coal Price Schedules Mailed to Producers in Washington
The bituminous coal division announced mailing of minimum price schedules to producers and said rules and findings of facts are being prepared. Director Howard A. Gray anticipated releasing the findings immediately after market rules are issued.
MENTIONED IN THIS ARTICLE
Washington
Istua
Howard A. Gray
Woods gets 5 to 18 years in murder sentence
Fayetteville reports John Woods of Nuttallburg was convicted of second degree murder in the death of his wife. Circuit Judge E Dillon Jr sentenced him to five to 18 years in prison.
MENTIONED IN THIS ARTICLE
Fayetteville
John Woods, Nerro
Nuttallburg
Todiay
Dillon, Jr
Paving Projects in Charleston Advance This Month
City Engineer Harry Campbell says paving work by PWA will wrap this month. Murphy Construction to finish Bridge Road asphalting from South Hills bridge to Walnut Road. concrete is done. Subcontractor to finish McHugh and Price jobs. Ohio roller arriving to grade MacCorkle Avenue east end. Transit mix pours soon for new roadways through the C and O underpass. Morris Street repave and 300 feet of Jackson Street to follow. Change orders caused minor discrepancies in the overall program.
MENTIONED IN THIS ARTICLE
PWA
Charleston
Harry Campbell
Murphy Construction Company
Bridge
South Hills Bridge
Walnut Road
McHugh Brothers
Price Construction Company
Campbell
Ohio
MacCorkle Avenue
MacyCorkle
Morris Street
Baines
Wilson Streets
Jackson Street
Obituary notices detail several Charleston area deaths
Obituaries list Mrs Ruth Baer 70 widow of Ben Baer of Charleston who died Monday night at a daughter home, with services by Rabbi Arlet Goldburg today. Mrs Nannie Brewer Harrah 68 of Scarbro dies yesterday at Montgomery hospital with rites at Scarbro Baptist church and burial at High Lawn. Mrs Ernest Batton 82 of Mt Hope dies Sunday. services at Assembly of God church Mt Hope. Elizabeth E Mace 70 of Calhoun county dies after three weeks. services at Pulp Run church. James David Ramsey 85 retired farmer of Nicholas county dies Monday. services at his daughter's home in Huntington. Minnie Jane Cruikshank 62 of Chesapeake dies yesterday. services at Chesapeake Baptist church. James Smith month-old son of Mr and Mrs Edward Smith dies. services to be held at home. John Marshall Westfall 83 of Arnoldsburg dies. services at residence. Guy T Sanford 31 of Roth killed in Miss car crash. services at Davis Creek Nazarene.
MENTIONED IN THIS ARTICLE
Ruth Baer
Ben Baer
Charleston
Malcolm Goldsmith
Pittsburgh
Arlet Goldburg
Frank A. Barer
Edgewood Drive
Nannie B. Harrah
W. J. Jackson
Scarbro Baptist Church
Nannie Brewer Harrah
Scarbro
Montgomery Hospital
High Lawn
Oak Hill
Carl
Henry Brewer
Tams
Amanda Martin
Glasgow
Ernest Batton
Mt. Hope
P. m
Assembly of God
James
Ear
W. G. Broyle
Collins Mortuary
Bays Cemetery
Summerlee
Clarence
William Cheek
Folwight
Walter Cheek
Gray Cheek
Birenton
G. W. Ferry
Elia Thompson
Gussie Perry
Hopt
Neil Stevens
Skelton
Elizabeth E. Mace
Pulp Run
Elizabeth Ellen Mace
Calhoun County
Blatcher
Hardman
Conrad
Spencer
Guy
Everett and
Maude Evilsizer
Flora Price
Lilly Starcher
Lucy Whytsell
Alta Miller
James David Ramsey
Nicholas County
Nannie E. Cochran
Huntington
Cochran
Woodmere
Wayland C. Farnsworth
Blake McDonald
Kanawha City
Virginia R. Ramsey
D. L. Ramsey
Relva
B. B. Ramsey
Jodie
George Ramsey
Vaughan
Minnie J. Cruikshank
Minnie Jane Cruikshank
Chesapeake
Chesapeake Baptist Church
J. W. Romine
B. F. Howell
Pryor Mortuary
East Bank
Sunset Memorial Park
A. T. Cruikshank
William Blizzard
Winfield
James Smith
Edward Smith
North Charleston
Charleston Hospital
Willard Carney
Noble Long Mortuary
Lattis Cemetery
John Marshall Westfall
Arnoldsburg
Lewis Schreckenghost
Louisa Laughlin
Zanesville
Albert Poling
Conrad and Hardman Avy
Knotts Cemetery
Guy T. Sanford
Will Hall
Plorence Walling
Davis Creek
Hosiery Expert Jane Wood Demonstrates Stocking Care
Jane Wood, hosiery expert from six laboratories, will give pointers on wear and care of stockings to first floor visitors at the Diamond Department store all week. She notes garters affect stocking length and thus proper hose care.
MENTIONED IN THIS ARTICLE
Jane Wood
Diamond Department Store
Miss Wood
Morrison Is Guilty In Brother's Slaying
Wayne Aug 6 A voluntary manslaughter verdict was returned against Clyde Morrison for the slaying of his brother Carlos during an argument over the European war. Morrison testified he acted in self defense after disarming Carlos who had a pistol and hammer. Judge C W Ferguson said he would sentence Morrison tomorrow. Special Prosecutor J Floyd Harrison did not seek the death penalty.
MENTIONED IN THIS ARTICLE
Wayne
Clyde Morrison
Morrison
Carlos
C. W. Ferguson
Carlos Morrison
Clyde
J. Floyd Harrison
Byron Smith Acquitted On Instructed Verdict
Wayne Aug Circuit Court jury acquitted Byron Smith cashier of Wayne County Bank of slaying his son in law Filden J Maynard in a quarrel at Maynard s home Judge Fergu son instructed jury to find him innocent after Smith testified in his own defense Smith former mayor of Wayne said he went to Maynard s home July 7 after hearing Maynard mistreated his wife Smith s daughter Maynard had been drinking and knocked him down when he remonstrated Smith said Maynard had his foot on his neck when he fired a shot in self defense.
MENTIONED IN THIS ARTICLE
Wayne
Byron Smith
Wayne County Bank
Filden J. Maynard
Maynard
Charles M. Ferguson
Smith
Cabell County Budget Approved First In State
Cabell county court became the first of West Virginia's 320 levying bodies to have its levy estimate and budget for 1940-41 approved by Tax Commissioner Ernest K. James. The budget calls for $455,483 in expenditures and was rushed to Charleston after the 10 a.m. Hunt ington session. Only other budget approved that day was Logan city's, with $74,994 in estimated levies and expenditures.
MENTIONED IN THIS ARTICLE
Cabell County
West Virginia
Charleston
Huntington
Ernest K. James
Belle Citizens Vote Against Incorporation
Citizens of Belle rejected incorporation of the village by a decisive two to one margin. Final tabulation showed 448 opposed to 254 in favor amid a 1900 plus registered voter roll. Proponents signaled plans for another election despite the outcome.
MENTIONED IN THIS ARTICLE
Belle
Tobacco Figure Dies
Pierre Lorillard, 40, a member of the famed tobacco family, died at his TunedO Park home after years of illness. He served with tobacco interests for fifty years. Survived by widow and two sons. Burial planned at Sanford Cemetery on Davis Creek.
MENTIONED IN THIS ARTICLE
Tunedo Park
Pierre Lorillard
I Il
Sanford
Davis Creek
Coercion Charged To Willkie's Aides
Washington reports a Senate debate on alleged coercion by unnamed interests pressuring employees to donate to Willkie’s campaign and calls for an investigation. Sen Hatch proposes amendments to curb evasions of campaign finance law while Sen Van Nuys defends Willkie and condemns Sen Guffey for misstatements about his name and lineage.
MENTIONED IN THIS ARTICLE
Washington
Sen. Byrnes
Senate Today
Wendell L. Willkie
Sen. Hatch
Hatch
Senate
Henry P. Fletcher
Republican Party
Congress
U.S
Atty
Wilkie
Sen
van Nuys
Dy Ind
Guffey
Willkie
Lewis Wendel Willus
Wendell Willkie
Sen. Guffey
America
State Guardsmen Head to Wisconsin Maneuvers
The West Virginia National Guard advance detachment of nine officers and 129 enlisted men departs at 7 30 a m from the guard garage for Camp Conley with 83 pieces of equipment to join the second army maneuvers in Wisconsin. An advance crew leaves Full-Tasnt at 6 30 and meets the Charleston contingent at Athens Ohio. The group will reach Wisconsin Saturday, with over 2 000 officers and men scheduled to depart by train Sunday and arrive Monday.
MENTIONED IN THIS ARTICLE
West Virginia National Guard
Wisconsin
Adj
William L. Horner
National Guard
Camp Conley
Charleston
Athens
Knights of Columbus Basket Picnic Set Sunday
Knights of Columbus plan a Sunday basket picnic at Rocky Steppe Ranch near Scott Denote Putnam county by Charl onnel No 771. Catholics and friends are invited. The program includes games races and other contests. Green arrows will guide motorists along U S highway 62 state road 17 to Scary then west along Teays Valley road. Arrangements are by Grand Knight Edward J. MacAndrews and Leo A. Lippert.
MENTIONED IN THIS ARTICLE
Rocky Steppe Ranch
Scott
Putnam
Charlonnel
Knights of Columbus
Pitnic Grounds
U. S. Highway 62
Scary
Teays Valley
Edward J. MacAndrews
Leo A. Lippert
Gardner Held After Tyler Mountain Arrest In Robbery Case
Howard Gardner, 20, once a West Charleston resident, presumed fugitive nine years in Ohio, is back in jail awaiting trial. Deputies Byrne Given and Adam Burford arrested Gardner Monday at a Tyler mountain home where he stayed.
MENTIONED IN THIS ARTICLE
Howard Gardner
West Charleston
Ohio
Jais
Byrne Given
Adam Burford
Gardner
Tyler Mountain
Murder Suspect Nabbed Near Cabin Creek Yard
Clarence Henry Smith twenty five, of Washington, wanted on a murder charge, was captured yesterday at Cabin Creek in the Cane Fork yards of the C&O railroad by deputies 3. C. Richards and Pete Thomas after a pursuit by forty nine deputy sheriffs.
MENTIONED IN THIS ARTICLE
Clarence Henry Smith
Washington
Cabin Creek
Cane Fork
3. C. Richards
Pete Thomas
Births Reported for Barbara Ann and Ronald Gens
Mr and Mrs Victor Litteral announce the birth of daughter Barbara Ann at Mountain State hospital born August. Mr and Mrs George W Myers announce a son Ronald Gens born Sunday on Birch street
MENTIONED IN THIS ARTICLE
Victor Litteral
Sunnyside Park Addition
Barbara Ann
The
Mountain State Hospital
Ronald Gens
George W. Myers
Birch Street
Bailes and Zickafoose Reunions Set for August 18
Family reunions planned across churches near Summersville and Landisburg for August 18 with announcements by chairmen. Daubenspect reunion already held at Mt Nebo home of Mr and Mrs Huffman. Also note: all mines in Uruguay are government owned.
MENTIONED IN THIS ARTICLE
Bailes
McKee's Creek
Summersville
White Oak
Landisburg
P. B. Zickafoose
A. ©. Huffman
Mt Nebo
Uruguay
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Stork Maney
Eeyeeiee Ata
Alichute
Irving
Beety Molybitaum Corp
Wee En
Mountain City
Shy Bun Magers
Republic
Eeeeet
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Techpleator
N. Y. Stock Exchange
Waller C
Wardy
Consol
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Company
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Sears Roebuck
Ford
Servel
Bai
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Simmons Co
Wits Wia Crane Co
Uta
Ee Skelly
Alleghany Corp
Crown Cork & J Even
B. Inc
Borony Vacuum
Allethany Corp
Lone Star Cem
Alu
Pacific
Ry. Ji Il
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Crucible Steel We
Lorillard
Sucus Pub. Co
Louisville
Allied Stores
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Lau. & Nash Ts
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Allis Chalmers
Curtiss
Cat Deere & Co
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Warner
Power & ‘Dame
Morris, Phil
Swift & Co
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