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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 20, 1924
Page
19
The market failed to turn downward as oil and rubber sales did not halt the upward trend, with widespread activity in stock and commodity sectors. Heavy trading pushed rail and industrial sectors, while tire and chemical stocks showed mixed results amid ongoing price pressures and anticipated demand shifts.
A scrambled report outlines bond activity and corporate financing in a volatile market. It references 700,000 wea bonds, an $10 industry figure, and notes on mergers, preferred stock adjustments, and new notes issued to refinance debt amid political and economic disturbance.
In Chicago on June 119 the butter market advanced another half cent across all trades. Dealers held to listed prices with some asking premium on top scores. Centralized car market stays steady and firm with quick trading and buyers seeking premiums on $3 and $0 scores. Fresh butter at 93 scare 33 and centralized carrots at 0 scare 32.
Sugar values in New York held firm with refined grades steady and refined futures mostly unchanged. About 210,900 bags of Cuban, Puerto Rican and Philippine origin sold at 6.28 duty paid for Cubans, with 70,690 Cuban bags included. July settled at 2.49, September 3.66, December 2.55, March 3.53, all bids.
A terse notice from U.S. Libertonds, furnished by Shardyana and Cow, references New York and the Exchange. Details are unclear due to garbled text, but the item centers on a financial or organizational matter involving New York entities and a decision or reform proposal. No precise dates or names beyond those.
Boated bids will be received by the Board of Education, Kanawha County, West Virginia, for the construction of a Junior High School running in London District. Bids must be delivered by June 30, 1934, at the office of the Architect Morrison Building Chatinn Aon. Plan and specifications obtainable from the Architect for a refundable deposit, and a certified check of 750.10 dollars payable to the Board of Education accompanies bid. Specifics include general contractor selection and prequalification details.
Pittsburgh June 19 reports various dairy and produce prices including New York apples barrels and No 1 yellow corn values, butter creamery western prints tubs and cheese full cream New Yorks, also foreign exchange rates quoted for multiple countries, plus Pittsburgh hog receipts and call money rates and Chicago wheat quotes. The item lists stock levels and price ranges, with several regional market notes and commodity names.
About 106 mine owners, officials, and workers from Hapdolph, Packer, Mineral aid Grant counties gathered in Elkins with R. OM Lumble, head of the state bureau of mines, to debate safety methods and proposed industry laws. The gathering launches Beaver sessions across the state, with recommendations to be drafted for the next legislative session. Beverly D. Hazeluh, former banker, was granted an interlocutory decree of garnishment against Blaine Lee Hazeluh by Justice Wagner after a public trial.
Mayor Wertz calls a Monday afternoon meeting in the city building to discuss a possible seven cent cut in Charleston's 1925 tax levy. EB Childress and Dr J E Robinson were invited to join the talks on reducing the levy for the new fiscal year while preserving city services and public improvements.
The New River at Hinton dropped to 2.9 feet while Kanawha river stages eased to 4.8 at Kanawha Falle and 6.3 at Charleston. Ohio River readings varied with Parkersburg rising to 8.3 feet and Cincinnati at 20.8 feet. Few boats were on the Kanawha as the Scotia moved downstream through Leck on Thursday morning.
June report notes Poison John, known as Polsono, was freed after a drunk case in which prosecutors claimed he tainted wine with alph alic mixtures. He faced two days in jail plus a fine and possible further penalties for nuisance, while bank clearings and commodities markets are also summarized.
June 19 Chicago. William McAndrew, superintendent of schools, has received an anonymous death threat demanding his resignation within two weeks. The note, penned in plain handwriting on folded paper, tells him to leave and attacks his policies amid recent disputes with teachers over councils and junior high schools. McAndrew, who arrived from New York last year, faces pressure from local officials.
Mrs Jacob Prante told the Chicago Herald there is no hatred in her heart for Nathan Leopard Jr and Richard Toth, who confessed napers slayers of her son Robert. She wished to speak to the youths about the last moments of the victim. The boy's father seeks full punishment.
In circuit court Judge Madson awarded $4,500 to B S Beck in a promissory note case. Several civil actions were continued or dismissed. administrators and records were logged, including a $2,000 entry for an administrator of Hissom and $10,000 dam- ages for Swiney vs Starcher. Livestock market notes report buffalo receipts and mixed cattle, hog prices down, and lambs steady in Buffalo.
An active drive to gather applicants for the annual citizens military training camp at Camp Knox Kentucky has closed with the fifth corps area surpassing its quota by 1006. Ohio Indiana Kentucky and West Virginia led with strong showings. Missouri is not listed. Major John S Sullivan Fort Hagan notes Virginia posted the best percentage and says alternates will be accepted for future selections.
New York June 19 Gasoline stocks increased by 38 200 barrels in May per American Petroleum Institute data covering about 65 percent of US capacity. US crude output rose 4 400 barrels for the week ending June 14 to 1 388 200 barrels daily. East of the Rockies output averaged 1 866 750 barrels with declines in several regions. California up 5 200 to 691 450. Oklahoma 465 300. Kaneos 74 000. North Texas down 200. Central Texas down 1 400. Arkansas 146 500 down 1 000. Gulf Coast 212 250 down 1 660. Eastern 196 000 unchanged. Wyoming and Montana 126 650 down 1 150. Pennsylvania crude oil dropped to 65 cents a barrel. Bradford district quoted at 33 75. No other major district changes. mid-continent 1 24 to 2 25 per barrel. gravity based prices for all grades varied from 1 40 to 2 00 2 50 per barrel across districts.
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