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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 05, 1932

Page

13

Markets Climb as Traders Cheer Weekend Gains

New York June 4 Markets closed near session highs as securities rallied with strong gains in American Telephone and American Tobacco led by steel and chemical sectors. Analysts caution on outlook amid uncertain national finances and Washington developments affecting future demand and investor sentiment.

Associates Yew York Security Martes Ben Amarea Mia Haley Peralian Ita American ‘Telephone American ‘Tobacco Pee TD & Wetl Aimee Bate Bas Washington

Grain and Provisions Drift Amid Wheat Price Slide

Associated Press reports Chicago wheat prices tumbled as selling intensified on stop orders and expiration fears. Market nerves persisted with futures slipping and oats holding around prior levels amid tales of tax moves and looming exchanges.

Associated Press Winnipeg Cnkaes Chicago

Live Stock Prices In Pittsburgh Auction Market Report

Hogs 1,200 head slow to steady with light weights and good end, prices around 3.90-3.85 per 100 pounds. Cattle 75 head nominal with steers 900-1,200 pounds and cows mostly in the 3.40-5.00 range. Calves 75 slow to steady with good and choice 6.00-8.00. feeders 3.20-8.00. Feeder and pig values noted, with various weights and categories listed in brief.

Associated Press Pittsburgh D. A Brorp

Pittsburgh Produce Market Roundup Shows Slow Demand

AP dispatch from Pittsburgh notes dull produce activity on June 4 with apples steady around 1.35 to 1.38 per bushel, cabbage 0.18 to 0.25 per pound, and potatoes near steady at about 0.47 per pound. Texas and Louisiana crates and sacks command mixed prices while New York and Mississippi items appear varied. overall market shows limited demand and cautious trading.

Associated Press Fittsburgh U. B B. A New York Ste Texas South Carolina Associated Dyers Broffert Freignt iMa- le

Trade Trends in 1932 Industries and Commodities

Trade trends show electric refrigeration units around 506000 versus 300000 in 1931 per Standard Statistics Co. Hides exports from Argentina to other countries fell 33 percent year over year first quarter. US remained sole buyer. Canned foods market soft with irregular demand. fresh Marr land tomatoes scarce. Apparel demand contracted with lower profit margins. clothing sales likely down about 30 percent from last year.

Preece Vie Btandard Statistics Co New York Help Exchange Oif United States Btadistics Co

Fail Street Briefs From The Associated Press

In New York June weather and business notes report steel mill operations in the Srenngsiam Glatrict expected to average a high capacity share. Pullman Company closes 21 agencies as part of a program to meet lower traffic conditions. Bond financing totals weekly reach 612,210,423 versus 32,808,741 last week. Year to date offerings total 327,590,154. Argentina grain shipments for five months exceed last year by 782,181 tons. US refiners’ rogal melt from January 1 to pay 38 totals 41,485,000 long tons, deliveries 4,408,006.

Associated Preap NW York Pullman Company Ingendice San Francisco Houston Atlanta Philadelphi Btste Argentios Bureau of Information United States

Weather Data Farecant and Regional Forecast Summary

Regional weather notes report partly cloudy and warm conditions across western Pennsylvania West Virginia and Kentucky with a tendency toward continued warmth and possible Monday cloudiness Thunderstorms are noted in northern Kentucky and southeastern states The report cites miscellaneous weather figures and a few unrelated national notes including poultry and Treasury data from the Associated Press and U S customs duties figures for June 2

Pennsylvania West Virginia Virginia Kentucky

Charter Issued For Point Pleasant Livestock Sales Co

Charter was issued yesterday by the secretary of state to the Point Pleasant Livestock Sales Company of Point Pleasant. Officers listed include Evane Jr of Gallipella C C G grave Gay Casto Levi Casto and H McNeill all of Point Pleasant. Schoolboy rooters of Westminster England wore top hats at a recent school athletic meet.

Point Pleasant Livestock Sales Company Point Pleasant Pointers Evane, Jr Gallipella C. C. G. Grave Gay Casto Levi Casto 8. H. McNeill Behoolboy Rootera Westminster Ingland

Bond Market Surge Echoes Friday Gains Across Sectors

The bond market again spurted in June trading with all listed securities rising one to nine points. Despite profit taking in income issues, most prices closed near highs as volume reached 8.297 million par value, the best Saturday since February. Baltimore and Ohio, Chesapeake Ohio, New York Central and Pennsylvania led gains alongside utilities and industrials such as American Water Works, American Telephone, Bethlehem Steel and Columbia Gas.

Asenciated Press New York Baltimore Ohio Chemapeake Wicket Plan New York Central Pennsylvania American Water Works American Telephone Bethlehem @teel Columbia Gainiga Sokerameal Ronde

Fliers to Tey plan new round the world flight

Barnett Griffin of Oklahoma City and Jimmie Mattern of Fort Worth arrived in Chicago from Oklahoma City in four hours and 10 minutes. They expect to fly to New York next, where gas tanks from the Winns May will be installed, with a possible start or finish in New York or Chicago, depending on weather.

Chicago Barnett Griffin Oklahoma City Jimmie Mattern Fort Worth Tey Mattern New York Winns Post and Gatty

Father Receives State Award Over Son’s Death

George Stone of Hetzel was awarded 810 monthly by the state compensation department for the death of his son Harry Stone, who died from injuries while employed by Georges Creex Coat company. Walter F. Roce of Bluefield received 817 weekly for injuries sustained while working for Appalachian Electric Power Company.

George Stone Hetzel State Compensation Department Harry Stone Georges Creex Coat Company Walter F. Roce Bluefield Appalachian Electric Power Company

Eight Cities Will Help In State Wide Air Tour

Huntington June 4 The West Virginia air tour association lists eight cooperating cities for the first statewide air tour Huntington Charleston Bluefield White Sulphur Springs Kingwood Wheeling and Parkersburg A meeting of the association’s executive committee to map the itinerary will be held in Weston tomorrow.

Huntington Asmatane West Virginia Howard G. Mayas Charleston Bluefield White

Lions Leader to Speak at International Convention

Jennings Randolph West Virginia district governor accepted an invitation to speak at the International Lions convention in Los Angeles. He will address attendees on July 20 the second day of the four day meeting, as 25 Lions from the state are expected to attend.

Elkina Jennings Randolph West Virginia Lions Clubs Covention Los Angeles Randolph Wate Lions Lune Se

Bucknell Trustees Nominate Woman Leader for Penitentiary Post

Bucknell University trustees consider Dr. Mary Betrie, director of Alderson Federal Penitentiary for Women in West Virginia, as the first woman nominee for the posts in 86 years, marking a historic appointment for the prison leadership.

Lewisburg Bucknell University Mary Betrie Federal Penitentiary For Women Alderson W. Va

Hatfield Endorsed by Capel County Republicans

Huntington June 4 Hatfield United States Senator Henry D Hatfield was unanimously endorsed by the Capel county republican executive committee as a candidate for vice president. Hatfield a surgeon and president of Huntington is serving his first term as senator.

Huntington United States Henry D. Hatfield Capel County Republican Executive Committee Hatfield

Negro Club Plans Campaign Meeting In Kanawha County

The Kanawha county Negro democratic club schedules a Wednesday eve gathering at the court house to map campaign strategy. E. E. Twine serves as president and L. & Berry as secretary as members and friends from the county are invited. A separate note mentions a minature locomotive built in Kaukauna Wisconsin by Arnold Ristow, traveling 30 mph, modeled after a Great Northern oil burner. Beattie Mayor elect John F. Dore will be sworn in June 6 with a civic charity ball at the Oriole.

Kanawha County Negro Democratic Club E. E., Twine L. &. Berry Engin Kaukauna Wls Arnold Ristaw Great Northern Oil Rall Ald Beattle John F. Dore Beattie Oirle Auil

Ben Lomond Red House Considered for Government Dams

Ben Lomond and Red House are eyed as sites for new Ohio river and Kanawha river dams. Major Fred W. Herman sold the Ben Lomond option yesterday. W H McAlpin of St Louis and Lt. Col. W. H. Starnes led inspections. Project cost 5 to 6 million dollars. If surveys satisfy, Congress may fund dam work and create hundreds of jobs.

Ben Lomond Red House Ohio River Fred W. Herman Huntington W. H. McAlpin Bt. Loum Ret House Kanawha River Congress

Vaudeville at St Anthony Hall by Imps of St Anthony’s

Vaudeville programs at St Anthony’s Church school sanitorium present at 2:30 this afternoon and 8:00 tonight feature "Mise Personality" by Margaret Stubblefield, dances by Betty Corkrean Gloria Monahan Kathryn Rynd Carolyn Petty and a long cast list with Lucia Doolittle and Roberta Rynd.

St. Anthony's Church St. Anthony's School Margaret Stubblefield Anyce Watters Betty Corkrean Gloria Monahan Kathryn Rynd Carolyn Petty Old Maids’ Club Luella Primrose R. M. Rynd Misa Susan Hopewell Nora Melen Ric Mise Marie Hopewell Richard Midkitt Bailie Brown Miea Honora Hulbert Dora Doolittie J. J. Milconin Faith Snowmore Betsy Bobbinet M. A. Corkrenn Lucia Bors Peggy Glass Tommy Doolittle Bernard Ruftmer Philip James Renee Goftaun Roberta Rynd Mya. C. N. Jarrett

House Approves Power Company Conference Tax Plan

The House backed three per cent levy changes targeting electrical energy consumption rather than gross receipts. Senator Ashurst and Connally urged immediate action as Senate approval looked likely by Monday. The treasury projected yields at 97.1 billion with savings from economy and supply measures to meet a roughly 1.6 billion deficit. The conference report passed quickly after three and a half hours of debate, with a viva voce vote—no roll call—allowing tax increases to proceed.

House Senate Ashurst D- Ariz Connally Texas Renators Watson Harrieoan Miss Treasury Crisp Garner Aysa Representative Buell New York Rene Ory

Returned From New York Visit Mentioned

Molly Jenking of Perk Avenue and Nora Melenric of Sixth Street are noted as having returned from a visit to New York.

Miex Molly Jenking Perk Avenue Nora Melenric Sixth Street Pare New York

Hawkins Family Attends Lynchburg Funeral for Edward Rotehtein

Mrs Willem A Hawkins and her daughter Miss Virginia Hawkins left yesterday for Lynchburg Virginia to attend the funeral of Edward Rotehtein father of Mrs Hawkins.

Willem A. Hawkins Virginia Hawking Lynchburg, Va Edward Rotehtein Hawkins

Local Hospital Notes Record Admissions and Discharges

Notes from Charleston and surrounding areas list multiple admissions to Staate and St Francis hospitals, including Mm. F. E. Meadow, Lowell Alderman, Mrs Thelma Carter, Miss Margaret Milam, D. Dominic, and Archie Petern. Discharges include John Kirby, Charles Oliver, Mrs J. W. Latimer, and Mrs A. V. Greenlee among others.

F. E. Meadow Charleston Staate Lowell Alderman Marlette Blasts Hospital Thelma Carter Wyoming Kanawha Valley Misa Margaret Milam Dunbar Francis Hospital D. Dominic of Stuithers Bt. Prancis Hospital St. Francis Hospital John Kirby Bt. Saville Charles Oiiver Street J. W. Latimer Homer B. Woods Supreme Court Charleston General Hospital A. V. Greenlee McCormick Satreet McMillan Hospital

Budget Drafts Tax Vacationers As Fun Faces Heavy Tax

Budget measures aimed at balancing the budget would tax vacationers and leisure goods. The plan imposes a 10 percent tax on sporting goods and amusement items, a one cent per gallon gas tax, a variety of per unit levies, and motor boat taxes ranging from 10 to 200 dollars yearly, with penalties for alcohol and candy sold at roadside stands. The proposal targets holiday travel, picnics, and summer recreation as sources of revenue.

Colton Washington Senate Uncle Sam

Budget Taxes and Revenue Projections Mentioned

The text outlines varying tax proposals and revenue estimates including a 10 percent levy on vacationers, an income tax plan yielding about 362 million dollars, and a three cent rate on letters. It mentions broader taxes on telephone, telegraph, radio, and cable messages, and a two cent tax on bank checks, among other items.

Slectria Wilitiw Fs

Loyes Announce Birth Of Son At Hospital

Mr and Mrs Loy of Ciimat street announce the birth of a five and one half pound son yesterday afternoon at Mt State hospital Mr Loy is a well known druggist

Loys Rs.b Loy Ciimat Mt. State

Also Mentioned on This Page

Rhomda Ca N. Y. Stock Exchange Morris, Upham Compers Pembera Alleghany OQ Corp Asa C.J Curtis Ieee Abs Keapevett Lindey Owens Continental Ms Yssourt Great Britain Britain Tate France Betis Sweden Remington-Rand Poland Ceechnelow Jem Ateacher Io Gray Goods Harris, Upham and Company Fem York Btock Exchange Continenta Burcks Amy Bull Indiana Betrofeun Biater Meagher Seare & Seare Uitle College of Iwet University of Utah Salt Lake Cy Seare & Meare Virginia Seare Mary Alter Meagher Dontia Sea United Corps Aduract Warner ‘Bros. Rae Westinghouse Bec White Motors Willys-Overland Woolworth Wey Worthington Wrigley Wm. Jr Aelee New York Broth Exchange Ann As & Lec Amur Superpower Arkansas Rae Bond Blay Bi Ford Ltd Midwest West Nat'l Fuel Gas Niagara Budset ALT Aisport Tia United Gas Se United L Oaa Fail Street Briefs Weather Data Raticens Citi Mlernt Orleans Columbus eSilees Axtgclaiad Marrington The Averach Standal Bénitetlea Co Negro Club St. Anthony Hall Lynchburg Joseph Kennison Coe Fork Capitolist Sam Slo Amajsements Cosmet C. Lee Martin Zack Martin Lulte 100 Security Bank & Trust Frankenberger Cap Ya. Sts DE. J. Ross Hunter Wirginds, Bt Harris, Upham & Co Masonic Temple Bldz Aemoers Btock Exchange Chicago Stock Exchange Henry L. Terris Mgr Charleston, W. Va Charleston Gazette
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