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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 07, 1932
Page
12
Stocks advanced for a third straight session as brokers noted a natural retreat following a sharp rally. Trading ended with slight gains as investors weighed economic signals and the impact of the ongoing tax and defense debates on market sentiment.
Unfinished cotton goods market firmer with slightly higher price levels after sales boosts. Domestic textile producers see some improvements as markets respond to production shifts this week.
Bond activity resumes firm tone after a period of lag with varied intraday swings. Government and corporate bonds showed both losses and gains before closing firmer, while stock-market-like tone persisted in commodities and livestock markets, reflecting renewed buying near session end.
The Associated Press report from Baltimore and Jersey City lists mixed commodity prices and livestock values. Beef and cattle ranges are shown, with fat cattle good to choice around 6.00, hogs around 4.00 to 4.19, and calves steady with several price brackets. Sheep and lambs also vary, with bids and asks noted. Cattle and hog markets reflect regional volatility, while livestock receipts are recorded for market activity.
Excerpt describes a controversial World War era illustration claiming Japanese forces buried ears of 10,000 Korean soldiers in a single battle. It alleges a Chinese alliance and an archival slur, presenting a sensational political message without verifiable modern sourcing.
The New York curb market slipped after a rising spell, with some active issues showing gains while others turned dull in afternoon trading. Volume fell about 10,080 shares from the previous session, and prices for bulk gasoline and crude edged lower amid mixed signals from private trade quarters.
The snippet records a stock market style note with quoted prices and share names. It lists Bid Asked Worth Amn Tyret Shares and references cumulative trust shares, with partial names such as Krapp and company, U. A. Blac., L. & Ghares, and B. Bi Ioutars Group.
The June market reports show moderate demand for produce with prices listed for apples onions potatoes and various vegetables. Items include apples 10 cents each, onions 33 carrellows, potatoes 48 per cul, and assorted poultry and livestock terms with mixed pricing across categories.
Trade trends show copper traders anxious to sell amid import duty talk in the revenue bill. Domestic electrolytic copper shipments hold at five and a half cents per pound. Floor covering demand stays steady with carpet and rug sales set to rise as new prices are scheduled this week.
New York June reports that Kelly-Springfield Tire boosted production to meet strong demand before a tax on tires and tubes takes effect. Allies Power & Light’s consolidated 1931 report shows refined refinancing, improved finances, and no pledged control stock. Net income for the year reached 64,645,083, with earnings per share around 7.23.
New York June 8 Foreign exchange quotes show British pound and other currencies with nominal demand and limited liquidity. Rates list Great Britain at 2.60, France 4, Argentina 370, Mexico City silver peso 3815 with various European and global currencies noted, all indicating nominal demand.
New York poultry prices show dressed chickens fresh 15 to 19 percent, frozen 14 to 21, fowls frozen 14 to 19, turkeys 10 to 30 for various states. Live poultry dull with extras and premiums noted, mixed colors and special packs described, including unusual selections and store credit items.
The article reports a sharp drop in wheat values across North America and Europe amid unsettled markets. It notes heavy Canadian and American selling and a broad loosening in grain prices with futures at Chicago showing nervous trading. Prices tumble as buyers retreat and wholesale liquefaction looms.
Maryland and Pennsylvania show partly cloudy skies with warm temperatures through Tuesday and Wednesday. Virginia notes similar partly cloudy conditions with possible southeast thunder showers and little temperature change. Kentucky Tennessee Ohio reference awkwardly but notes storms near Virginia. Showers have occurred in Atlantic states and various regions. temperatures rise in southern Plains and east Colorado New Mexico, fall in Nevada Utah. Indications of local thundershowers Tuesday north Atlantic states and Wednesday in Florida. Cooler Tuesday in parts of the North Atlantic states. Also included are scattered weather observations and miscellaneous data from various cities.
Wilson leads with 21 hits including Chuck Klein homer as Dodgers rally. Phils’ Phil Collins and Roy Benge pitched well, but Brooklyn’s seven hitters plus Hack and Wright provided power. Team notes cite Van Mungo, Clark, Phelps in rotation. Del Bissoette out with foot injury. Caldwell signed to develop into a strong first baseman. no other major games scheduled today.
Market notes show cattle trading with steers mainly steady to higher, cows and bulls weaker. Prices quoted around 2.38 to 2.75 for prime grade beef cattle, with 335 for certain lot and cattle counts near 200 steers and 28 cows. Market activity described as subdued with some buyers absent.
An advertisement touts black and white sheer crepe patterns with satin ribbon bows for summer wear. It lists Pattern 2284 in sizes up to 48 plus yardages and 15 cent price, with mail orders to The Charleston Gazette Pattern department and a 25 cent catalog and pattern offer.
Seagle and Kenney spark offense as Jarrett edges Fox 7 6 in a high scoring game. Mitchell homered for Fox while Leagie and Cannon delivered key hits. Donnegan and George pitched in a wild back and forth, with Senglio delivering the decisive single in the late innings.
The West Virginia Investigation Bureau arrived with its own caddy who kept the score, continuing coverage from page 3 of the sports section.
Clarksburg officials say Watt Powell announced Babe Ruth signed with Charleston for the club. He denied rumors Robert Moses Grove would join the Senators mound staff. Powell dismissed any impact Ruth would have on his lineup and praised Ruth’s powerful hitting as meeting the club’s expectations. A doubleheader with Clarksburg is slated for tomorrow.
Matte Stark director of athletics at Charleston High admits annual gymnastic shows held at the school were not athletic events but octal function. He explained the shows are part of a fishing trip-related routine and not official competitions.
The program features an all Ohio bout with a 30 minute opener at 0:18. Ray Dickson of Columbus, 147, meets Fort Hasson of Chillicothe, 150. Both are newcomers to the Armory ring and the event runs under a one hour limit.
Notice in Kanawha County West Virginia announces a judicial sale by American Insurance Agency I C against G Abancer and others. Sale set for 36th day of June at ten o clock A M at the main front door of One Court House to bid on described real estate in Charlestown with improvements and encumbrances. Terms require cash or approved securities. subject to taxes, liens, and deed of trust in favor of Metropolitan Life Insurance Company with installments past due and interest. Special Commissioner named.
Public notice from Gazette Advertising about classified ad acceptance rules and deadlines. Includes rejection rights, rates, and standards for honesty. Mentions Capito! 6600 and Sunday copy deadline.
A special commissioner announces a public auction of Lot 84 A 9 in the Reno division near Kanawha River known as Columbia Sough Road. The sale is scheduled for June 12, 1932, at 10:50 AM at the county courthouse front door. Terms specify cash in hand with bond as required. Local notices name Security Bank and Trust Company as plaintiff against Lone Peck Land Company and Charleston Manor Bank among others.
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