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Charleston Gazette in Charleston, West Virginia

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 18, 1938

Page

9

Drifting Decline Follows Mild Rally in Stocks

New York June 17. Stock market leaders drifted lower after an early attempt to extend Thursday's mild advance failed. Steel, rails, and specialties led declines while a late buying push trimmed some losses. Volume edged up before fading. the Associated Press 60-stock average fell a point to 34.6. Auto production rose slightly but motors remained underwater at the close with several issues like U S Steel, Chrysler, U S Rubber, Sears Roebuck, Santa Fe, Central, Southern Pacific, American Smelting, Westinghouse, and Homestake trading lower.

New York Associated Press U. S. Steel Chrysler U.S. Rubber Sears Roebuck Santa Fe Winthrop Mitehill Conic Ama Us Laibbex Owens Liggett & M Schenley Distil Lima Shell-Union Oil Fidin & Ts Loows. Inc Simmons Co Lorillard Vila Allied Stores Bksy Lou, & Nash Curtis Pub. Ca Allis Chalmers Curtiss-Wright Alleghany Corp Curt.-Wright Marshall Amn Lero du Pont de N Mid-Cent Petro Alele Stend Ce & E Madly & Midland Steel Eastman Kodak Tadi Ain Minn-Moline Amn & L Ealon Mig Ster M. c T Stone & Webster Elec Auto Lite Studebaker Studebaker Recycle Aia Amn Smelor's Ag T. Pte Monsanto Chem Nye Swift & Co WA Amn Steel Fars Elev, P, & L Montey-Ward Vie Amity, Tob Bana Eccello Corp Ity Murray Corp Texas Corp Ray Ats BT Amn Wir Wits Imala Ah Texas Gulf Sul Anaconda Firestone Tire & Nati. Biscuit Timken Detroit Timken Bell Atlantic Foster Fox al al Armour & Co. Natl DistiVers Ig Algar Oa Rabeet & ‘Nau AG Union Carbide Union Pacific Amati ‘Tran Newport Indust United Aircraft Baldwin Unite A. A Belio & Ohio Erie BI Aly Siz Am General Fonds Poly Motors United Carbon Bendix Chic United Corpn Ant St. L. Ptd United Corpn. Se Bay Gillette Nor Amer Avia Boeing Airp. Borden Vin Goodrich Pacific Im United Drug Amn, Co Borg- Warne Goodyear Fae Briggs Great Nor Budd Mig Vear Greyhound Ohio Fars Tota Greyhound U S. Rubber Byers Owens U. Glass Bly A. Bly Basah Hood Hersh Thywe S. Steel S. Rub Howston Oi S Pacific G & E Howe Bo ‘Packard Motors V. S. Smelt Canadian Pacific Sona al Paramount Minois Central Mh Penna. R Penna. R. la 1A; Vanadium Penney, J. C Celanese Corp Inspiration OP Phelps Dodge Cerre de Pasca i Harves Ud Sto Phillips Petral Walworth Co Ches. Corp Plymouth Oi War. Bros. Pie Ches. & Qhic Rec. & Gamble West P. el Dept. Pub. Svc Chrysler Wee AZ Ge My Kresge Li Ts Republic Steel Kroger G & B Reynolds Youngson S Congoleum N.Y Cons. Oil Corp Lambert Ca Uibye

Grain and Provisions Market Overview

Market notes describe erratic grain and provisions prices amid harvest arrivals and unsettled demand. Reports mention unusual volatility and fractional supply signals in various regions, with prices trending downward through trading.

Abamais

Bond Market Swings Widely In Rail Loan Shares

New York June 17 institutional switching in railroad loans caused wide swings in the bond market. The general list mixed with numerically occasional gains. Industrial and utility issues were steadier while Western Union 5s showed fractional improvement. Pacific Gas 3 45, National Daily 3 44s, International Telephone 5s noted among movers. U S governments were a touch more active but overall changes limited.

New York Western Union Pacific Gas National Daily International U. S

Transportation Schedule From Newark To Roanoke And More

Irregular train and air timetable fragment lists American Airlines, planes, and routes. Mentions Newark and Roanoke with timings like 4:30 and 5:18, plus several city abbreviations and numbers. The text is garbled but indicates a transportation schedule update with multiple departures and connections.

American Airlines Ag Espina Newark Treetbouna Clon Meg Lee Cacuinteove

Hogs and cattle prices move in mixed under AP report

Chicago on June 17 AP notes hogs at 7 000 head with 2 500 direct bids, prices quoted 170 to 230 pounds. Sheep around 4 000 head with lambs and springers noted. cattle and bulls show varied bids. Dow Jones Market Average and Industrials figures are included with general market drift and highlights from Winthrop and Mitchell.

Associated Press Chicago U. S Winthrop, Mitchell GIA Auata

Edmiston Aims to Reelection in West Virginia District

Rep. Andrew Edmiston of Weston announced he will seek reelection as a Democrat. He is finishing his third term as representative of the third West Virginia district, which comprises Ritchie Doddridge Harrison Delhoy Gilmer Lewis Upshur Braxton Clay Nicholas and Fayette counties.

Washington Andrew Edmiston Weston Edmiston West Virginia Ritchie, Doddridge Herrison Delhouy, Gilmer, Lewis, Upshur Braxton Clay, Nicholas Fayette Counties

Markets ATA Glance

New York June 17 AP markets show stocks easy with leaders losing rallying urge. Bonds mixed with rails under pressure. Curb uneven with industrials in demand. Foreign exchange steady with slight losses against the dollar. Cotton higher on trade and foreign buying. Sugar quiet with hedge selling. Coffee lower as commission houses liquidate.

New York

Foreign Exchange Market Narrow in New York Trade

In New York on June 17 the foreign exchange market showed tight movement with minor shifts in major European currencies against the dollar. Closing rates listed Great Britain at about 4.87 dollars per pound with cables around 4.87, France near 9.10, Belgium about 6.99, and Germany at 20.95 with other currencies modestly quoted. miscellaneous notes mention Tokyo and Hongkong as part of the overall exchange landscape.

Associated Pens New York Great Britain Jilly France Belgium Germany Lagar Benevolent Lravel Holland Tokyo Bhanghar Honghour Merien City Montreal

New York Poultry Prices and Markets Report

New York poultry prices move little on steady to weak demand across categories. Dressed and live poultry show minor shifts with edits in broilers, leghorns, turkeys, and eggs amid mixed freight and express trade, with regional and market premiums listed for standards and fancy grades.

New York Mont Ny Montly Turkey Midwestern

Tread of staple prices steady as index rises

The Associated Press reports a weighted wholesale price index for 35 commodities rose by 1065.45 today, with comparisons to the previous day and week. The data shows month and year notes with figures indicating overall movement and average levels.

Associated Free York Astociated Press Seecine Sears

Prices and livestock market report from Pittsburgh auction

The Pittsburgh market lists livestock prices and lots with details on sheep and lambs, including direct sales, weights, and ranges for top head, heavies, and feeders. Prices show modest shifts with general strength in direct sales and lambs, while spring lambs and sheep offer varied bids across categories.

Brisa Pittsburgh Lune U. & Dent. Agri Heen

Treasury Receipts and Market Reports From June 17

Treasury balance and receipts details show June 1 figures with a working balance of 1,897,807,299.4. Customs for the month 410,217,998.238. year-to-date receipts 15,787,644,252.17 and expenditures 7,280,453,000. The report also notes commodity prices from New York markets including copper, tin, lead, zinc, and sugar with minor changes and unchanged forward prices. Agricultural items and produce prices are listed with varied steadiness across apples, potatoes, cabbages, butter, and cheese.

Associated Prete Pittsburgh U. S Stork Maine Green Mountains Treasury Sintonay the Assosiated Press Washington The Treasury Exmenatt Tie Associated Presa New York Newark East St. Leuie St. Louis

Youth Wins Prize in Bicycle Parade

Ralph Carder twelve year old son of Mr and Mrs I R Carder of 317 Virginia street won Host prize in a bicycle parade sponsored yesterday by Montgomery Ward and Company. Other winners include Flora Anni Poff fourteen, daughter of Mr and Mrs H L Poff of 1544 Washington street, second place, and Jack Whitten eighteen of Porters Hollow. Five forty contestants participated in the event.

Ralph Carder I. R. Carder Virginia Street Montgomery Ward and Company Flora Anni Poff H. L. Poff Washington Street Jacl Whitten Porters Hollow

Revival and lectures mark Briar Creek church events

Rev Edwin K Parsons wraps up a three week revival at Briar Creek Baptist Brounland with 3 pm baptism on Coal river assisted by Rev J H Costa. B E Ewing to lecture Hidden Fangs at 7 pm tomorrow at Seventh Day Advent Church East Washington St. Y M V young people sponsor. Rev N S Ashlen new Orlando pastor to speak. Ice cream social today at Red Men lodge hall by Ladies Aid. Zion Baptist revival by Rev P J Harvey of Lynchburg closed last night. Baptism at 1 pm tomorrow by Rev H P Woodson and Aire H Clark with Miss Jessie Bailey of Charleston at Indiana camp meeting. Rev J William Denton to speak tonight at Advent Christian conference Handolph St. 100 Adventists attend. Denton to discuss The End of the World per recent science. J J Schaumburg of Oakland spoke last night. Old fashioned praise and prayer every night 6:30. Conference continues to noon Tuesday. Asbury ME Ladies Aid met at Mrs Helen Meyers Piedmont Rd with Circle No 5 hostesses.

Edwin K. Parsons Briar Creek Baptist Church Brounland Coal River Mr. Parsons J. H. Costa B. E. Ewing Anti-Saloon League Seventh Day Advent Church East Washington Street N.S. Ashlcn Orlando Fla Red Men's Lodge Ladies' Aid Society Mr. Zion Baptist Church P. J. Harvey Lynchburg H. P. Woodson J. William Denton Advent Christian Conference First Advent Christian Handolph Street Romdry Mr. Denton General Conference J. J. Schaumburg Oakland Calif Jades' Aid Society The Asbury ME Helen Meyers Piedmont Road Circle No

Rice Party Draws Crowd At Charles Town Fund Drive

About 1,200 people attended the Rice Party at the Santon Restaurant raising funds for civilian relief in China. Tickets included a bowl of rice with optional chow mein and a small bag of uncooked rice as souvenirs. Organizers expect larger totals as factory collections and final reports come in for forwarding to the United Council for Civilian Relief in China.

Charleston Fund For China Santon Paul H. Gonch United Council For Civilian Relief Far East

Joe Louis Sued Over Damages by Negro Detective in Chicago

Sheridan A. Bruseaux, a Negro private detective, sues Joe Louis and associates for 250000 damages in Chicago circuit court alleging his reputation was damaged by a July 16, 1938 Chicago newspaper article. Louis and trainer Julian Black previously were dismissed in a related suit.

Chicago Joe Louis Max Schmeling Sheridan A. Bruseaux John Roxborough Julian Black Bruseaux John P. Barnes Louis Black Miinois

Specialties Oils Edge Higher In Moderate Market

In New York on June 17 modest gains appeared in specialties oils with prices generally soft in other sectors. Pittsburgh’s Glas advanced to 2 points, while manufacturing rose slightly by about a point. Sherwin Williams Sunray Oil International Petroleum held steady, and United Gas Niagara Hudson saw minor declines or stability. Transfers of 62,000 shares matched the prior day amid uneven activity.

New York Pittsburgh tBu Sherwin Williams Sunray Oil Sx International Petroleum United Gas Niagara Hudson

Howard Is Defeated as Type President in Indianapolis

The race ends with Claude of San Francisco defeating incumbent Howard of Chicago by almost 14,000 votes for international president. Final count from 807 locals lists Baker 37,229 and Howard 23,244 amid a jumble of municipal notices and legal references in the era’s union election reporting.

Indianapolis Claude San Francisco Charlea P. Howard Chicago Baker Howard

Also Mentioned on This Page

Congress Itia al Shaal iTurn MEN OF Medicine Dhamesde and Valuables Security Loan CO AF Tuor Government Bonds & Co Mitchell Ask Tay Das Fey Inet Mod Tey Nai Tey Am SL Fay Morax Morae Foi Mort AB Towle Ty Empire Trust National City Bank Chase National Bank Bankers Trust Co Chemical B. & ‘T Erciel National Ne Central Hanover Continental B. & T Corn Exchange First National Bank Guaranty Trust Seving Trust Bs Bank of Manhattan Manufacturers Trust Actin New York Trust Public National N. Y. Stock Exchange Harry Cam Gen Walkersburg W. Va New York Poultry Deygoods Associated Preen Brent Zolydo Juie Sore Bie Associatre Presa Shine Asscinted Press Sune Europaan Tecebt Gadd Haines Pras Bia Divigehd Intein Tr. Sazs Sles Eia No Mas Invest Frosh Bo Nor Elect Pos Aire H. ¥. Clark Jessie Bailey Indiana Negro Detective Clarence Mulford Heart OF Arizona William 7 Boyd Arey Sherman Haddie Carroll Kearse Henry Fonda Withrop, Mitchell & Delaw Alum Af Ar Ames Ane New Ark Wat Atta Carrier Corp Ford Ms Canada Heely Mining Petroleum Lake Shore Times Lockheed Aircraft Moigdenum Eennlalaeine Ted Gas Goep Ave Uaiestk United Wall Hargeeaces Basiball Otebos AvesBl Isee Bn Vives Oy Madwick Canfinals Gales Burnwell Burne _well Acme E. E. Haney Snrioun Anattor East Beak Court of Kanawiz Dacate Ofc Ead Imap Ibapaiey Paul Peleaa Aston Gitine Kanani Weere Pennsyly. Corporation Delaware Ekeby Virevrederich B. Oramtond
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