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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 22, 1939
Page
15
Trading on the New York Stock Exchange opened with buying in special stocks helping the market hold steady. A few issues showed gains of a point or more while the slow advance over the last three sessions prompted light selling as traders tested resistance.
New York bonds rose as traction issues and utilities led the market. Investors sought Interborough Rapid Transit 7s, Brooklyn-Manhattan Transit 4s, and Manhattan Railway 4s, lifting prices over a point. U.S. government bonds gained up to 1/8 point in light dealings. Total transactions reached $5,545,100 versus $5,203,775 a day earlier.
Wheat ended 0.5 to 0.75 cents higher with July at 69.5 to 70.0 cents. corn and oats eased. soybeans mixed after another narrow range. Lard steady to 5 cents off. Can stocks drew attention on crop prospects while brokers sought underpriced issues amid a broad market with mixed reactions in New York and curb listings.
Salable hogs 10 000 active 10 to 15 higher top 17.00 with 290 to 350 lb at 6.00 to 6.50 heavy sows 4.50. Cattle 9 500 salable calves 1 000 active steady only declines 1 200 to 1 500 lb. good to near choice weighty steers 9.25 to 9.75 yearlings firm top 10.75 on 1 337 lb, next 10.50 with loads 9.75 to 10.25. best heifers 9.65 beef cows 6.25 to 7.00 sausage bulls up to 7.50 vealers 8.50 to 9.50. Sheep 1 000 old crop lambs and springers active strong to 15 higher native sprin lambs 10.00 to 10.50 good old crop lambs 8.00 native ewes 3.25.
New York reports egg trade data with 37,631 cases as the market remains barely steady. Prices vary by grade and region with whites and browns showing premium marks and exchange specials, while duck eggs and Pacific coast items display mixed ranges.
The U S civil service commission announced open competitive exams for inspector and assistant inspector roles in engineering materials mechanical and engineering materials construction. Positions will be in the Huntington engineer district.
Pittsburgh reports moderate demand with apples and potatoes holding steady. New stock prices show Illinois Transparents at 2.25 and Tennessee 2.15 to 2.25 per bushel, Alabama Bliss Triumphs 1.75 to 2.00, Georgia 1.50 to 1.60, and North Carolina cobblers 1.50 to 1.65. Butter, eggs, cheese, and poultry mostly unchanged.
Cotton futures finished up 1 1 4 points in New York trading. July at 9.32 cents per pound, October 8.55 to 8.65, December 8.30, January 8.18 1, March 8.12, May 8.05 to 6.06. Spot middling nominal at 9.87 with nominal interpretation.
In New York on June 21, broadened buying by Cuban and trade interests lifted the domestic sugar futures contract by 2 to 4 points. Total sales reached 12,100 tons while refined sugar held at 4.45 to 4.50.
New York police refused to aid Oklahoma City resident Ken P. Hess in his bid to find a Chinese wife. Inspector Joseph J. Donavan said several Chinese organizations could not locate an available Chinese woman as most are married.
A new broadcasting service aimed at native communities began operations in Kenya. Officials described it as expanding access to information and cultural programming across regional stations and languages.
Ruth Etting, sued for 150000 dollars in alienation of affections by Myri Alderman's former wife, testified by remote control from Chicago. Her Oct. 22 deposition, read in the Nevada love theft hearing, urged love as a funny thing and included denials amid publicity.
Secretary of Labor Frances Perkins said Green and Lewis would step down if needed to end AFL CIO discord. She forecast harmony within three to four months and noted growing support for a Roosevelt third term. She also cited Japan's living costs rising over 14 percent in the past year.
The Chicago butter market today was irregular with fresh lots at 93 score 24 percent, 92 at 23 percent, and 91 at 23 percent. Prices for 90 and 89 scores ranged around 22 percent, with centralized carrots at 90 score 23 percent on house and 89 22 percent out.
Trust deeds against Rosalynde Brown and W C Brown secure notes with sale set for June 26 1939 at the Charleston county courthouse to Lot 3 of Thomas Friend lands described on Deed Book 248 page 186. Also notices of tax sale redemption for L T Alexander and a US district court bankruptcy for John Raymond Kegley with a July 13 1939 hearing in Charleston and a discharge petition for debts.
The National Bituminous Coal Commission designates successors to the employees’ members of twenty three district boards. Each appointee is listed with district, name and address and will serve a two year term starting after current members’ terms expire on about June 22, 1939. Public notice urges protests by July 17, 1939 and requires publication in district newspapers.
Trustee announces sale of Lot No 1 in Esmond Powell estate ten miles Charleston District Kanawha County West Virginia. The property measures about 23 acres and is described in Deed Book 322 page 577. Sale set for June 26 1939 at 2:00 pm at the east front door of Kanawha County Court House.
The Kanawha County Board of Education will offer for sale to the highest bidder a frame building known as Belle Jr High School in Belle West Virginia. Bids open June 27 1938 at 10:00 a m EST at Thomas Jefferson Jr High School Charleston WV. Property must be removed by June 23 1939 and the board may reject any or all bids. Virgil L Flinn secretary.
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