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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 17, 1939

Page

9

Stock market shows mild selective rallies in New York

After four straight declines the New York stock market posted modest gains on June 16 as some issues advanced while many others failed to hold above previous levels. Traders awaited further cues as volumes remained light.

New York

Bonds Continue Reverse Motion Across Wall Street

The bond market moved in reverse today with speculative issues down from their prior highs. U S governments were soft in late trading while limited gains appeared for favorites. Transfers reached 399 940 shares and total dealings 4 915 000 face value as the British Japanese Far East crisis remained the main hurdle. Home front news showed retail spending up on the week and auto production rebounding, General Motors resuming normal operations, and May railroad revenues improving. Steels stayed listless amid earnings concerns, with minor gains for Lockheed American Cyanamid and International Petroleum. Electric Bond and Share slipped slightly as volume fell to 71 000 shares.

New York U. S Far East General Motors Lockheed American Cyanamid International Petroleum

Markets ATA Glance

New York markets show mixed moves with steady stocks and drying selling. Bonds slip as U S loans sag while sugar stays firm on Cuban and trade buying. coffee rises on trade support and wheat edges lower on favorable weather. corn climbs due to solid industrial demand. cattle firm to weak and hogs up five to fifteen.

New York U. S

Live Stock Market News From Chicago Baltimore and Pittsburgh

Salable hogs in Chicago active and higher, top 6.75, butchers 5.75 to 6.10, sows 5.10 to 5.65. Cattle and calves mixed with best heifers around 9.35 per 800 lb, veal scarce, sheep active with lambs leading. Baltimore reports beef cattle 6.50 to 7.00, hogs mostly 10 higher, sheep varied. Pittsburgh notes steady to higher hogs, steers near weekly top, calves declining, lambs around 9.50 to 10.50.

Associated Press Chicago Idaho Baltimore The Pittsburgh

Coffee Market closes higher on strong New York sales

Coffee futures in New York on June 16 closed 5 to 6 points up after sales of 17,250 bags. Old Rio gained 2 to 5 points while New Rio rose 3 but remained inactive.

Associated Press New York

Wheat Prices Hit Six-Week Low As Harvest Weather Improves

Wheat extended declines on improved crop prospects with favorable southwest harvest weather and northwest rains yet corn oats rose on demand. Rye fluctuated, soybeans and lard showed gains, while grain prices in Toledo and Chicago moved with mixed futures and cash quotes.

Associated Press Chicago Southwest Northwest SIS Illinois

Market trends and metals and cotton notes from AP

The Associated Press reports a wholesale price index for 35 commodities at 66.60 with prior readings 66.64 and 65.45. Copper steady at 10.00–10.50, tin 48.80, lead 4.80–4.85, zinc 4.50. cotton futures close down with July 9.23 and October 8.37–8.38. Stocks: advances 89, declines 255, unchanged 177. total issues 609.

Lee Rubber Rev. Tob Lehigh Valley Reynolds Metals Libby-Owens Ford S Lig. & Myers Loews, Inc Lone Star Cem Oil del Lorillard (P Sears Roebuck Servel Schenley Dist Louis. G. & E Sharron Steel Shattuck (F. H Louis. & Nash Simmons Co Mack Trucks Skelly Oil Macy Co Eeenee Socony Vacuum Marshall Field Sou. Pac Martin G. L Sperry Corp Petro Ss. O. Calif Sontee Mons Chemical Monty Ward S. O. Indiana Morris, Phil S. O. New Jer Motor Products Stand. G. & E Mullins Mfg Murray Corp Stewart-Warner Stone & Webs Studebaker Nash-Kelvinator Acme Natl Biscuit Natl Cash Texas Corp Natl Dairy Pvd Texas Ao Natl Distillers Natl Lead Texas I. Ce. & St. Trance. W. Air 20Th Cent. Fox N. A. Aviation Pacific Union Bay & North Amn. Co Aper O Union Carbide Ohio Oil Union Pacific Oliver Farm United Aircraft Omnibus Corp Utd. A. L. Trans Oppenheim Col United Carbon Otis Elevator United Corps Otis Steel United Drug Owens-Ill. Glass United Gas Imp Penney J. C U. S. Steel Ptd Phelps Dodge Pitts Screw & Bolt Pittsburgh Steel Walworth Plymouth Oil Warner Bros Proc. & Gamble Western Union Pub. Soc N. J West Air Brake Ace Pullman Westingh. Elec Westvaco Chlor. Ae Wilson & On Woolworth Radio Corp. Ye Radio Corp., Pfd. A Yel. Truck & C Radio Keith Or Yng. Sp. & Wr.il Yngst. S. & T Reo Motors Rem Rand Repub. Steel Associated Press New York GOD Wgk The East St. Louis

Hackney Sets National Shot Put Mark at Western Meet

Elmer Hackney of Kansas State University broke the NAC track and field record for the shot put in preliminary trials at the national championship in Los Angeles. His 55 feet 10.75 inches throw surpassed the 54 feet 6.75 inch mark set in 1934 by Jack Torrance of LSU, drawing cheers from about 5,000 spectators.

Los Angeles Elmer Hackney Kansas State University Jack Torrance Louisiana State

Obituary for Mrs. J. B. Lambert of Toney

Services held at 1 p m today at the home for Mrs. J B Lambert 65 who died Thursday night at her home of a heart ailment Burial will be in the family cemetery Surviving are her husband J B Lambert two daughters Mrs J R Fewell Miami Mrs Guy Harris Toney three sons Donnie Lambert Miami C Lambert Dehue Carl Lambert Man

J. B. Lambert Toney J. R. Fewell Miami Guy Harris Donnie Lambert C. Lambert Dehue Carl Lambert Man

Rites Set for Leonard Butterworth at Cedar Grove Church

Leonard Butterworth, 20, of Cedar Grove, died Thursday at Pinecrest sanitarium Beckley. Rites at 1 p m today at Church of God Cedar Grove with Rev O S Carder officiating. Burial in Simmons Creek cemetery Belle.

Leonard Butterworth Cedar Grove Pinecrest Sanitarium Beckley Church of God At O. S. Carder Simmons Creek Cemetery Belle

Mary Toney Rites Set at East Bank Church

Mrs. Mary Toney 80 died Wednesday at her daughter Mrs. Wade Clarke's East Bank home. Rev. C E Walker Rev John Hartman will officiate at 2 30 p m today at Missionary Baptist Church East Bank. Burial in Hawk’s Cemetery Hernshaw.

Mary Toney C. E. Walker John Hartman Missionary Baptist Church East Bank Wade Clarke Hawk’s Cemetery Hernshaw

Higginbotham Charley Higginbotham Rites Set at Brounland Church

Services for Charley Ellis Higginbotham 72 who died Wednesday at his Sixth Avenue home will be held at 2 p m today at Brounland Baptist Church with Rev Edwin L Parsons officiating. Burial will follow at Brounland Cemetery.

Charley Ellis Higginbotham Sixth Avenue Brounland Baptist Church Edwin L. Parsons Brounland Cemetery

Thomas T Farr Dies. Funeral in Greensville and Home burial

Thomas Taylor Farr 61 a salesman for Armour and Company died Thursday at his Carr apartments home. Services begin 1 30 p m at the Baptist temple with Rev Strother A Campbell officiating. Body to be taken to Greensville South Carolina for additional services and burial at his former home with body at the temple an hour before services

Thomas T. Farr Thomas Taylor Farr Armour and Company Carr Apartments Greensville S. C Baptist Temple Temple Strother A. Campbell

Raids Seize 15 Establishments in Huntington Liquor Sweep

State and city police plus deputies raided 15 establishments in Huntington on June 16 and arrested over 26 men on illegal liquor sale charges. The operation marked the widest crackdown in more than a year.

Huntington

Conduits Installed for City Chamber Air Conditioning

Electricians Rosenblatt and Hunt began installing heavy conduit in the city council chamber as part of preparations for a trial air conditioning run. The council approved an on approval deal to allow the city to buy the equipment from next year’s budget.

Hartington and Wausa host benefit game for local fan

In Hartington Nebraska on June 16 a benefit game between Hartington and Wausa raised 175 at the gate and 100 from merchants for Charlie H Lind 70 a longtime baseball fan. Lind attended and cheered but died of heart disease a few hours after the game.

Hartington Neb Wausa Charlie H. Lind Charlie Lind

Funeral set for Harold Wilson in Braxton county

Services are at 2 p m today at the First Methodist church in Ireland Braxton county for Harold Wilson 27 who died Thursday night in a Charleston hospital after a major operation Rev Mr Smith will officiate and burial will be in the church cemetery Surviving are his widow Rose a son Cecil of Charleston and his mother Estie Wilson of Clendenin His body was moved yesterday from J D Thomas mortuary at Clendenin to his mother's home.

First Methodist Church Ireland Braxton County Harold Wilson Charleston Mr. Smith Rose Wilson Cecil Estie Wilson Clendenin J. D. Thomas

Claude Hurt Rites Set at Samaritan Baptist Church

Claude Hurt, 62, died Thursday at Institute. Rites at 2 p m tomorrow at Samaritan Baptist Church Institute with Rev H R Williams officiating. Burial in family cemetery. Survived by brother George W Hurt of Institute. Body to be moved from Harden and Harden mortuary to the church an hour before services.

Claude Hurt Institute Samaritan Baptist Church H. R. Williams George W. Hurt Harden and Harden

Funeral for Edgar D Trent to be held at Simpson M E

Rev H A Greene will officiate at 2:30 p m tomorrow at Simpson M E church for Edgar Davis Trent 28 who died Wednesday at his Bridge avenue home Burial in Higginbotham cemetery The body to be removed to the Harden and Harden mortuary today

Edgar Davis Trent H. A. Greene Simpson M. E Bridge Avenue Higginbotham Harden and Harden Mortuary

Quick Hold Up Fails As Bartender Ignores Threat

A man entered Everett L. Paton's tavern in St. Louis, drank three beers, then set a revolver on the bar and demanded cash. Paton refused, telling him to leave. The robber, after a moment, picked up his gun and walked out.

ST. Louis, Mo Everett L. Paton Paton

Cotton Goods Market Sees Firm Tone in New York

Prices on light weight sheetings firm with general advances of half a cent per yard following gains in print cloths. Rayon agents report some covering for fall needs while silk fabrics sell evenly. Summer woolens move briskly in retail. Burlap activity focuses on nearby delivery.

Associated Press New York

Financial figures reveal fiscal year receipts and debt totals

The entry lists receipts of 11 million plus for the fiscal year versus expenditures of 8.6 billion including emergency spending. It shows excess expenditures of 3.38 billion, gross debt of 40.36 billion, and gold assets near 16.03 billion, with a daily increase of 16.5 million.

Boston Wool Market Sees Slow Trade Amid Firm Quotations

Boston on June 16 reports very slow wool trade while quotations remain firm for graded wools. Buyers limit purchases of good French combing length wools in original bags at around 65 to 66 cents per pound. scoured basis mostly 67 to 68 cents. Mixed three-eighths and one-quarter blood fleece wools quoted at around 31 to 31? cents in grease delivered.

Associated Press Boston

Treasury Receipts and Expenditures Report for June 14

Washington reports the treasury position as of June 14 showing receipts of 22 670 963 63 and expenditures of 18 009 418 66. Net balance stands at 2 904 438 069 02 with a working balance of 2 231 043 034 44 and customs receipts for the month noted.

The Associated Press Washington the Treasury

Pittsburgh Produce And Sugar Futures Report

Produce demand in Pittsburgh was moderate with strong potato movement and mixed apple availability. Regional prices of Maine Green Mountains and Alabama Bliss Triumphs appeared firm, while eggs and dairy remained steady. New York sugar futures rose lightly on buoyant London trading with July near 1.35 and September around 1.14.

Associated Press Pittsburgh D. A Maine Green Mountains Pennsylvania Alabama Bliss Georgia Bliss North Carolina Cobblers

New York Poultry Prices Reported for Eggs and Whites

New York market notes reveal egg trading with 9 722 cases listed and prices across varieties. Mixed colors range from fancy to extra fancy 18% to 21% and 14% to 16% for mediums and seconds, while whites show premium marks and exchange rates from 18% to 23%. Browns and Pacific coast whites display varied ranges with extras up to 25% and 30% respectively. Duck eggs nearby price 13 to 17.

Waller C. Hardy & Cont Oil Crane Co Adams Express Coty, Inc Crown Cork Seal Alleghany Corp Crucible Steel Curtis Pub. Co Alaska Juneau Tis Curtiss Wright Sis Allied Chemical Curtiss Wrt Allied Mills Allied Stores Allis Chalmers Deere & Co Amerada Corp del. & Hudson Encaus Amn Dist. Corp Seag Douglas Kcraft Amn Mch DuPont N Pp & L Eastman Kodak Eaton Mfg Elec Boat Amn T. & T Elec P. & L Elec Stor. Bat Amn Wat. Wks Amn. Zine Mes Fairloks Morse Armour & Co Firest. T. & R Assoc Atl Coast Line Foster Wheeler Arch T. & S. F Freeport Sur Atl. Refining Gen. Am. Trans Atlas Corp Elec Esee Aviation Corp Gen N Foods Gen Motors Ald. Loco Il Gen Refrac Balto. & Ohio Gen Ry. Sig Barber Asphalt Gen & R Barnsdall Gillette Bendix Ee Ee Gimbel Bros Beth. Steel Glidden Blaw Knox Goodrich Boeing Fain Seh Good Houdaille Hersh Byron Jackson Howe Sound Hudson Motors Canada Dry Cannon Mills Ill. Central Ind. Rayon Inland Steel Celanese Corp Interlake Iron Intl Harvester Cerro de Pasco Ches. Corp Ches. & Ohio Bis Chrysler Cluett Peabody Col. Palm Olive Dept. Colo Col. G Waller C. Hardy & Company Ask Empire Trust National City Bank Chase National Bank Bankers Trust Co Chemical B. & T. Co Commercial National Central Hanover Corn Exchange First National Bank Guaranty Trust Ee Bank of Manhattan Manufacturers Trust New York Trust Eee Waller C. Hardy Utilities Enere Eeee New York Midwestern

Guilder Rebounds Slightly As Dollar Factors Shift

Foreign Exchange New York reports the Netherlands guilder attempting a comeback with fair success after prior dollar losses. Closing rates show Britain in dollars and others in cents with Great Britain at 4.68% and 60 day bills at 4.6745.

New York Netherlands Great Britain

Burglar Williams Requests Prison Term for Teeth

John Elbert Williams, an admitted burglar in Denver, withdrew his probation plea and asked Judge Robert W. Steele to send him to prison so he can receive a new set of false teeth in the dental ward. The judge approved.

Denver John Elbert Williams Robert W. Steele Steele

Picnic Tomorrow at B'nai Jacob Grounds

The annual B'nai Jacob synagogue picnic sponsored by the Ladies' Aid society and the Zionist chapter will be held tomorrow at the Four-H fairgrounds below Dunbar. Buses will convey children to the event, leaving the synagogue at 10 a.m.

B'nai Jacob Synagogue The Ladies’ Aid Society Zionist Chapter Dunbar

Birth of Altie Lorraine Knuckles Listed by Parents

Mr and Mrs Russell Knuckles of 513 Patrick Street announce the birth of daughter Altie Lorraine born June 2 at home. Mrs Knuckles is formerly Altie Higgins.

Russell Knuckles Patrick Street Altie Lorraine Knuckles Altie Higgins

Services for Richard D. Gill

Richard D. Gill died Thursday at his Hans ford home. Services set for 11 a m today at the residence with burial in the family cemetery. Rev. J. Shirley will officiate.

Richard D. Gill Hansford Rev. J. Shirley

Harley Cavender Dies at Two Weeks Old in Dunbar

Harley James Cavender two weeks old son of Mr and Mrs Harley Cavender of 527 Frederick street Dunbar died yesterday at home. Survived by parents and grandparents Dell Edwards and wife of Dunbar. Private service at 2 p m today at home with Rev R L Kelbaugh officiating. Burial at Dunbar Memorial Park Cunningham mortuary in charge.

Harley James Cavender Harley Cavender Frederick Street Dunbar Dell Edwards R. L. Kelbaugh Dunbar Memorial Park Cunningham Mortuary

Funeral for Roger Reeves Held at Local Baptist Church

The body of Roger Reeves, 40, of Wertz Avenue, who died Tuesday at Denmar, will lie in state at the Baptist church an hour before tomorrow’s services at 2 p.m. Rev. J. S. Young and Rev. J. C. Young will officiate, with burial in Carbon Cemetery. Harden and Harden Mortuary in charge.

Roger Reeves Wertz Avenue Denmar Baptist Church Laing J. S. Young J. C. Young Carbon Cemetery Harden and Harden

Mrs Viva Beckner Dies After Long Illness At Raymond City

Mrs Viva Beckner 31 wife of John Beckner died yesterday afternoon at her parents home Mr and Mrs Charles Asbury of R F D No 4 after a long illness She is survived by her husband her parents six brothers Clarence Warren Bluford Eldow Luther and Homer Beckner all of Raymond City and two daughters Helen and Margaret The body will lie in state today at the home with burial in Painter cemetery Noble Long mortuary in charge

Viva Beckner John Beckner Charles Asbury R.F.D Helen Margaret Sylvia Bessie Asbury Clarence Warren Bluford Eldow Luther Homer Beckner Raymond City Painter Cemetery Noble Long Mortuary

Misspelled Words Trap Two Pupils

In Stockton California a pair of 15 year old boys abandoned a Canada trip after a spelling misstep. Teacher Katherine Geeghan received a note demanding $500 and a gun at a spot. Police checked, then she recalled the misspellings that exposed the extortion plot. Ken Thompson confessed, dictated by Raymond Hattler, shaping the plan.

Stockton Calif Canada Katherine Geeghan Miss Geeghan Ken Thompson Dist. Atty. F. C. Cloudsley Ken Raymond Hattler Oys

Weight and appetite reveal overfat realities in a clinic lesson

In a medical school on the eastern seaboard a lecturer demonstrates overweight as a consequence of excess eating. A 15 year old boy, dubbed a whale, recounts breakfast of milk oatmeal eggs bacon wheat cakes and maple syrup with heavy butter. His sister confirms the boy’s large appetite, underscoring the mathematical point that too much food causes obesity.

Seaboard

Bankrupt Akers petitions discharge in West Virginia court

William Francis Akers of Kanawha County West Virginia files for full discharge from all debts provable under bankruptcy acts. The petition, dated June 14 1939, seeks court order for discharge and notices creditors to appear July 15 1939 in Charleston. The court orders notice by mail to known creditors and publication in The Charleston Gazette.

A. D William Francis Akers Southern West Virginia Charleston George W. McClintic Distick

Also Mentioned on This Page

Stock Market Ind R.R Util Stk Ag Ae Walter C. Hardy & Co High Low Close Alum. Corp Amer Amer. Gas & Elec Ark. Nat Bliss E. Ww Steno Carrier Corp Setae Cities Service Co Col. Oil & Gas Tteeee Coppermines Eee Creole Petroleum Ween Eagle Picher Lead We Bond & Share Gulf Oil (Pa Hecla Mining International Petro Lake Shore Mining Lockheed Aircraft Lone Star Gas Molybdenum Corp Mountain City Copper Pharris T. & R. Niagara Hudson Power Estes Teem Ee Eens Pantepec Oil Pennroad Corporation Rustless Iron & Steel St. Regis Paper Stand Oil of Ohio Sunray Oil Tee - Technicolor Inc United Gas Corp Aster N. Y. Stock Exchange Waller C. Hardy & Co, ii Ask Treasury Toledo Fund Investors, Inc Aseers Mass. Invest Saveee Nor Aee Nor. Am U's. Bec Elec. L. & P Elec. L. & P “Br Hackney Mark Joseph B. Thomas Hank Greenberg Detroit Edwin Cox ASL Heywood Broun Wool Market London New York Poultry Montreal Belgium Denmark Finland France Germany Greece Hungary Italy Norway Poland Japan Hongkong Shanghai Yugoslavia Logan Clendening, M. D Dr. Clendening Ira H. Mottesheard
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