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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 17, 1952
Page
9
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A string of property transfers is recorded, listing numerous buyers and sellers, parcels and blocks in Districts including Cab in Creek, London, Elk, Dunbar, St Albans, Poca, South Charleston, and Malden. Transactions involve lots, parcels, and several two parcel transfers. special commissioners appear in Armor Plate Addn. and related subdivisions.
New York market activity slipped with selling near the close. Dow Chemical rose 3 percent to 126 while the AP index fell 40 cents to 104.90. volume totaled 980000 shares, the lowest in two weeks, with several major names dropping and bonds mixed.
New York reports the Associated Press weighted wholesale price index for 35 commodities shows a downturn. The index stands at 184.98 for the week, with 185.06 the prior week and 185.43 a month ago, versus 202.19 a year ago, under 1926=100. High and low values are recorded at 185.20 and 182.17 respectively.
Personal notes record Vaughn BE and McKnight of South Ruffner traveling to Miami Beach Florida for the annual Shrine convention. McKnight is a member of the Beni Kedem Shrine Temple. Market summary notes yesterday’s transactions with stocks and bonds, curb sales totaling 980,000 and 2,645,000 respectively.
The Dow Jones averages show varied results across sectors with Industrials at 268.58, Rails near 100.43, and Utilities around 49.80. Bond averages edge higher in some categories while others dip, reflecting overall mixed sentiment in mid June trading.
Market reports from Baltimore Pittsburgh and Chicago show cattle and hog prices mixed with steer and heifer values varying by weight and quality. Slaughter cattle and calves traded mostly steady to slightly lower, hogs steady to lower with weights and cuts detailed, and sheep quotes varied by grade across regions.
Marriage applications list Jerry Diveley and Joyce Lester from St. Cloud Florida Rand with Robert Rucker and Janet White from Elkview and William Dugan Jr with Dolores Jarvis of South Charleston and Jonn Durrell Jr with Patsy Hughes of South Charleston. A bankruptcy petition for Elizabeth Samms, Gunther bookkeeper, notes liabilities at 1134.50 and assets at 100.
The report details butter and eggs pricing with mixed movements in Baltimore and Pittsburgh. Butter ranges around 6.49 to 6.50 in wholesale terms while eggs show varying grades with 52 to 54 cents per dozen large whites and browns around 45 to 54 cents. Potatoes and apples show weak to steady demand, with regional notes on washed and unwashed cobblers and sweet potatoes.
Wheat and other grains show mild hedging pressure with a late season slip to new seasonal lows. Nearby deliveries weak, distant months hold some steadiness amid spring dryness. Treasury figures report budget receipts and expenditures for June 12 with a deficit and total debt noted.
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