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Charleston Gazette in Charleston, West Virginia

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Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 03, 1938

Page

23

Utilities Run-Up Brightens Trading in Stock Market

Utilities furnished the main bright spot in today’s stock market as power shares rose late in the day aided by assurances that federal funds would not fund municipal electric plants without fair purchase of existing properties. Consolidated Edison, Public Service of N J, Western Union, Chesapeake and Ohio and International Business Machines led gains while U S Steel Bethlehem Chrysler and Douglas Aircraft lagged.

New York Sen Senate Associated Press Consolidated Edison Public Service of N. J Western Union Chesapeake and Ohio Allied Chemical Eastman Kodak Philip Morris International Business Machines U. S. Steel St Bethlehem Chrysler Douglas Aircraft Conil Ca Bie Libbey Owens Ei Schenley Distil Ie Conil Gil Liggett & M Shell-Union Oil Simmons Co Loews Socony-Vacuum Curtis Pub Loril Porta Rico Alaska Juneau Curtiss-Wright Sperry Carp Ami Steel Fay Elec Natl Biscuit Texas Corp Amn T. T Cash Reg Texas Gulf Surp Tob Fairbanks Morse Tex, Pac. Amn, Wat. Wk Nat. Distillers Bue SY A Amn Waolen Fajardo Sugar Flinthote Tidewater Asd Prd Natl PL & L Anaconda Vey Bom Fidelity Phoenix Firestone T&r National Steel WY Timken Roller Ly Hoth Developments Atchison Foster Wheeler Fox Atlantic Coast L Newport Indus Atlantic Freeport-Teaas N Central Ie Union Carbide Treasury Armour & Co G N.Y Chic. & BI Amn. Tran St. L. Pd. TM Union Oil Calif Winthrop Aatteney & Ee Aviation Corp United Atrcraft Pat Veesee Hay Gen Motors North Amn. Co United A. S Glidden Ohio Oil United Biscuit Treasury Treasury Otis Elevator IBY United Carbon Inactive Treasury Bn Bendix Otls Steel United Corpn Izar Beth. Steel Goodricha Treasury Yas Blaw-Knox Parifie G & E United Drug oYah Tie Treasury Avie Boeing Airp Goodyear Packard Briggs Greyhound Penney J. C S. Pipe Weeasur Rubber Foundry BOS Form Mort Burroughs Add Hiram Walker Pfeifer Brewing U. S. Steel Fed Farm Mort. Ach Phelps Dodge Ba Ptd Nhaento el Farm Mort Ts Ine Byron Jackson Hersh Phillips Petro Tae Houston Oil Bis Pils Screw & Home Owner Hudson Motors Pullman I Cement Interlake Iron Johns-Manville Ait Remington Rand Credit Boy Republic Steel Co Cy Yellow Truck & Com Trust Kennecott Reynolds Tob Young Spring & Commu, & Son Kresge Congoleum Kroger G. & B Seaboard O Youngstown S. & Cons

Curb Market Faces Mixed Recovery On Tuesday

New York traders saw a continued recovery trend in the curb market with overall quiet trading. Copper and tin producers curtailing output pushed metal issues higher while oils softened. Electric stocks led gains with gains in American Gas and Electric, Electric Bond and Share, and United Light and Power preferreds reflecting the day’s activity.

New York American Gansad Electric United Light and Power

Live Stock Prices Mixed Across Markets

In Baltimore and Toledo reports, cattle and veal show varied prices with steers steady and cows weak, while hogs and lambs move unevenly. Notable ranges include cattle at 7.50 to 9.60, veal 9.00 to 9.50, hogs 7.75 to 8.25, and lambs around 7.00 to 8.00 with limited offerings and steady calves.

The Associated Press Baltimore Jung 2.C. B.D Inc Slauentes Toledo

Markets ATA Glance

NEW YORK June 2 AP market roundup shows stocks steady as utilities rally late. Bonds higher with government issues in front. Curb market improved as utilities and specialties favored. Foreign exchanges steady with sterling and franc slipping slightly. Cotton soft on Foreign and New Orleans selling. Coffee weak on European selling. Sugar higher as commission houses buy.

New York New Orleans

Transportation Schedule and Rail Times Amid Varying Delays

Mixed transit notes from aaibons to New York Central and Chicago routes show schedule entries with several times and destinations. The record covers a range of railway and shipping timetables, rail car movements, and freight notices, reflecting a busy but uncertain network amid market shifts.

Bond market lifted by steel offering reports

Buying in the bond market picked up as reports showed strong demand for United States Steel's new 100 million dollar 3 percent debentures and as Secretary Morgenthau said the June Treasury financings would not involve cash offerings.

New York United States Steel Corporation Morgenthau Treasury

WPA Adds 200 To Kanawha Pay Roll Amid Projects

Grover Smith district administrator announced an order adding 200 WPA workers to Kanawha county. The sixth district total reached 600 with existing projects absorbing the new hires. The district covers Kanawha McDowell Wyoming Mingo Logan Raleigh Fayette and Boone counties. J N Alderson WPA state administrator said creases will lift state rolls from 42500 to about 46000 by fall with enough projects to employ the additions.

Kanawha County Grover Smith Kanawha McDowel Wyoming Mingo Logan Raleigh Fayette Boone J. N. Alderson WPA

Trend of Staple Prices by The Associated Press

The weighted wholesale price index of 35 commodities rose to 43.08, from 46.0, with the average base at 100. The report notes highs and lows for the period, indicating fluctuating price movements across staples.

Associated Press Associated Reae

Pittsburgh Produce and Treasury Receipts Summary

Pittsburgh markets show moderate demand with steady apples and corn, while pork and Georgia wines appear in price listings. Treasury data for May 23 report receipts of 922.5 million and expenditures around 942.15 million, leaving a balance near 2.544 billion and customs receipts of about 22.94 million. Sugar Market notes raw sugar steady at 2.08 cents per pound with futures rising on hedging activity and refined sugar steady locally.

Associated Brea Ittsburgh U. G Georgia Triumphx North Carolina Maine Green Mountains Treasury Associated Prose Washington

Dry Goods Market Shows Mixed Trading Amid Stock Pressures

New York June 2 Associated Press reports cotton goods markets were more active with moderate sales at lower prices. Demand for finished goods was tight, raw silk steadier, wool goods showed some improvement, but bunnp was lower due to increased stocks in Calcutta.

Associated Press New York Calcutta

Brighter Side review on Paul Muni and Yellow Jack

The Brighter Side praises Paul Muni as a standout in any role while noting Nuni as a stronger chooser of parts. It suggests Yellow Jack nearly becomes a great film though reports say box office performance fluctuates, reflecting Hollywood’s frustration with American audiences.

Paul Muni Muni Nuni Montgomery Yellow Jack Hollywood King Features Syndicate, Inc

Car Crash Near Relatives Home Injures Couple

Mr. and Mrs. Albert Chollett from Burbank California traveled to visit relatives when the car veered into a ditch near their relatives’ home, overturned twice, and left both injured.

Thomrou Albert Chollett Burbank Calif

Police raid ends in water soaked whisky misfire

Sioux City police and a liquor squad seized two barrels they believed held whisky but found water after unloading at the station. Investigators deemed the attempt a bungled loading job with no arrests made.

Sioux City William J. Cullen

National Gastroenterological Association shortens name

In New York on June 21 a spokesman announced the National Society for the Advancement of Gastroenterology will shorten its title to the National Gastroenterological Association. He explained the term gastroenterological covers the stomach and intestines anatomy and pathology.

New York National Society For the Advancement of Gastroenterology National Gastroenterological Association

Blackbird Rescued From Giant Clam By Spectators

A Leominster scene recounts a blackbird captured by a giant clam during a Santa Maria del Campo society outdoor event. Spectators intervened, as the bird, unable to fly, barely escaped a stealthy cat. a rock alarm halted the predator. Iceland exports show fish and fish products making up six percent of total shipments.

Life Savers Leominster Mass Santa Maria del Campo Society

New York Poultry and Wool Markets Reported Prices

The Associated Press notes scattered price data for poultry eggs and wool. Dressed poultry and live poultry futures show firm tendencies with varied types listed. Wool trade in Boston and regional markets moved slowly, with limited demand and prices around 60 to 82 cents for certain wools. Copper and other metals remained steady amid broad commodity market activity.

Associated Press New York Express Midwestern Duckegge Janey Freeay Be Sane U. B.C Boston Texas

Gale Service and Construction Company Withdrawal Notice

Legal advertisement announces the intent of Gale Service and Construction Company to withdraw from the state of West Virginia. The notice identifies a vice president and chief legal official but the readable text is incomplete and fragmented.

Hay Gale Service and Construction Company West Vitemia Futlee Mao Btate West Wingint

Man of Beath Aged 77 Feted as Village Patriarch

In Beath Scotland Alexander Muir celebrated his seventy seventh birthday as the village patriarch. Of about 200 families in the village 30 trace descent from the elderly man who lives with a married daughter. He counts grandchildren and 70 great grandchildren with one son’s family at 14 and one daughter also at 14. Eleven Arctic islands were reported discovered by Soviet airmen.

Alexander Muir Beath Scotland Alexander

Drownings in Egypt River Boat Capsize Reported

In Cairo on June 2 1971 thirty persons were drowned when a river boat capsized at Mag Hagha in Upper Egypt. Gasoline is sold at 42 cents a gallon in Ireland amid rising prices.

Cairo Egypt Maghagha Upper Ireland

Oil Firms Fined 385000 in Gasoline Price Conspiracy

Madison June 2 13 major oil companies and 12 executives pleaded nolo contendere to conspiring to fix gasoline prices receiving fines totaling 360000 and court costs of 25000 Judge Patrick T Stone fined each individual 15000 and dismissed indictments against 27 other ex executives The court plans to sentence 11 firms and 2 executives convicted last January later in the year noting appeals for new trials and pending actions by government attorneys

Madison Wis INS Patrick T. Stoney Socony-Vacuum Oil Company Cates E. Arnott Pure Oil Company A. Morris Chicago Shell Petroleum Corporation Alexander Frazer St. Louis Sttclair Refining Company Act W. Carnes New York City Midcontinent Petroleum Corporation Robert W. McDowell Tulsa Phillips Petroleum Company Frank Phillips Bartlesville Ohlo Ohio’ Oil Company Findlay O. Skelly Oil Company

Also Mentioned on This Page

Barkley City Electric Ami ‘Gies Stk Hans Tee Artameas Wit Chicago Heat Tully Biw Bueamy Tye Mehan Sage Cts Betreleum Clore Bestia Bond Ford Proms Renta Lockheed Aire Neane Ko Ye Hie Hurley la York Banton Santor Bund Investor Inc Shire Ag Bund Fr Trvest Nor. An Nor. Am N. Y. Stock Exchange Bright Bond Winthrop, Mitchell & Company U. 5. Steel Pittsburgh Prova U.S Iceland Empire Trust National City Bank Chase National Bank TM Bankers Trust Co Chemical B. & T Commercial National Continental B. & T Corn Exchange First National Bank Guaranty Trust Irving Trust Bank of Manhattan Manufacturers Trust My New York Trust BOK Public National A New York Poultry Associated Prees Peak Forward East Bt Loland Butler Meister Cricags Buller Baum China Arctic Islands Stone Im the Nolo Costenderd Ples Fee Brothers Cosmopolitan
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