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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 23, 1933
Page
18
New York report lists mixed colors and sparse revalpts with firsts and numbers, noting unchanged prices for live poultry and dressed poultry irregularities. Subsidy cuts for Welsh housing construction referenced. Cartoon feature leads with Homestake Mine wealth and long-running operation, highlighting gold output and global significance.
New York stocks edged back toward the close after an initial rise and a mid session slump as gold prices and currencies fluctuated. Traders cited uncertainty over the U S debt policy and potential shifts in the gold standard, with some selling pressure seen across holdings and several blue chips dipping despite earlier gains.
At Eocal Theaters the Cassto present When Ladies Meet with Jour Perrona and cast including Ann Haring Robert Montgomery Myris Loy Frank Morgan Aly Reno and Aesop's fables. The Virginian offers Orients Detective 22 with William Powell Margaret Lindsay Arthur Eston Ruth Donnelly Gordon Wertcott. The Kearse screens Sunset Tass with Randolph Réott Mathreen Burke Noah Wheery Barry Carey and Tom Reese. Bradley Riccaid, noted radio singer, appears. Rialto features Reybot and Hallelujah Im a Bam with George Brent and Al Jolson dusting up. Greenbrist runs Speed Demon racing drama Seatering William Collier and Jogo Afareh.
The Associated Press notes mixed livestock bids with steady cattle trade in Baltimore and Jerbee City. Prices span hogs lambs sheep and calves, showing general firmness in some grades and softness in others, with regional variations and direct sales emphasized.
New York traders saw bonds advance early on gains in freight traffic figures for individual railroads but relinquished most of the early optimism by late dealings. Oil shares varied as investors priced in mixed data while overall bonds hovered around the day’s average.
Temperature readings from New York and national details are provided along with government bond closing levels and treasury notes. The brief notes include weather figures and regional temperature highlights across major cities with limited formatting and no explicit narrative.
The wool manufacturing industry is near halt for two months with hours and wage schedules to be drafted under the national industrial recovery act. Commercial Credit Co stockholders approve changes including par value rise to 10 and retirement of 45,848 common shares tied to liquidation. Purchases of 4,058 additional shares capped at 20 each are announced. Authorized common shares reduced to 2,000,000 and class A convertible stake cut to 600,000. Wall Street expects Baltimore and Ohio Railway to post earnings for preferred stock in June.
New York June 23 cotton futures hold firm with gains in rayon yarns across firms. Nearby delivery merchandise dominates activity as buyers seek prompt delivery. Viscose output remains free but quiet amid market steadiness.
Pittsburgh stock market notes from June 22 show hogs trading mostly 30 lower with light and heavy weight categories across 180 to 1,200 pounds. Calves, lambs, veal, and cattle prices cited, with declines in hog values and varied receipts during the day. The report also references U.S. D. A. data and market conditions, noting slow demand and steady to lower trends for several cuts and weights.
Trade trends show heavier demand for tin plate and related materials with price strength in several items and firm copper indicators. Zinc buying and pig ment prices stay near reported levels as activity rises in export markets. Treasury receipts for June reach 15.08 million with 1.0 million balance. customs duties for 20 days total 15.19 million. New York sugar market little changed at 3.94 per cent for raw, with 16 850 tons traded. Prices for refined sugar remain unchanged at 4.01 with import measures noted for patent medicines.
The curb market opened weaker with firmer general tone failing to hold. Trading activity rose late in the day with transfers near 96,000 shares, while several issues including Singer Manufacturing and Parker Rust Proof fell seven and five points respectively in tight turnover. Other notable losses appeared in Aluminum Company of America, American Gas and Electric, Mergenthaler, Howeb, Gui, Pittsburgh Plate Glass and Newmont Mining. Little gains or losses appeared in many others as investors adjusted holdings amid volatile session.
Grain and provisions soared as wheat futures jumped with May 1034 at 89 cents and December contracts at highs, while 100,000 bushels traded ahead of delivery. Crop damage reports drove rice gains. corn and other grains fluctuated, and wheat closed near yesterday’s levels amid renewed buying.
A compilation from Boston Pittsburgh New York and other hubs detailing wool prices and quality, crop and livestock indicators, coffee prices and market tone. Reports cite modest demand, slight price shifts for wool, steady coffee futures, and general commodity movements across regional markets.
A Washington Bureau bulletin outlines fifteen major laws from the recent special session. It notes expanded presidential powers and aims to spark industrial and economic recovery. The acts include the Emergency Banking Act, Economy Act, Beer and Wine Law, and others, with a request for readers to request the summary by mail.
The Weathermat forecast thundershowers to break the heat but they did not arrive. A pooling breeze last night offered relief while thermometers maxed around 8 degrees, with many city patrons fleeing to pools as gardens and crops suffer from drought. State agriculture reports urge rain statewide for hay, wheat, corn, potatoes, and apples, promising a large yield despite dry soil.
The Lane and Anderson post of Veterans of Foreign Wars will host a band concert Sunday afternoon at the Union Mission camp. A two week camp meeting will close with Sunday night services. Music will be performed by a group of Raleigh children from Asheville North Carolina.
Special to The Gazette Cleveland June 34 In May 1983 Chesapeake and Ohio Railway net income after charges rose to 2 044059 20 up 498 959 80 from last year Five month period net income 969 638 41 up 190 562 50 Operating revenues for May 8 360 531 50 up 793 007 99 and five months 38 403 474 net income 2 708 995 53 up 485 116 11 for May 1933 operating ratio May 58 0 per cent vs 58 7 in 1933 five months ratio 60 0 per cent vs 60 0 per cent in 1932.
Four men charged with armed robbery of A L Cottrell were arraigned before Judge D Boone Dewson in Munice per cours yesterday and released on 61060 bonds. Named defendants are W J Dawson Donald Stockton M E Linkenwager and Anthony Spredling. Case alleges they held up Cottrell with a shotgun and towed away Aubrey Fisher’s car. Dudley Walker sentenced to 30 days for stealing seven pairs of hose from Montgomery Ward. Gene Mosley gets 10 days for stealing stockings from Diamond. Hearing continued today on cases including Frank Mucci assault Mabel Nichols and B Cozzolino felonious assault Rebecca Harkico assault. W K Mungo larceny case dismissed.
Ensign Mack E Voorhees 27 of Findlay Ohio stationed at San Diego Naval Air Station was killed when the plane he piloted crashed from about 900 feet near Descanso California. Also injured Seaman J A Sheridan 21. both men were aboard a familiarization flight.
Mrs T N Jeffries pupils from Mafteon street perform in the annual recital at Emanuel Baptist Church Florida and Charleston streets tonight at eight oclock. Participants include Marietta Cabaret William Byers Raymond Haamarf Doris Marc Michaux Norma Lee Dailey Ruth Rollins Letty Gene Matthews Virginia Price Phyllis Price Charles High Geraldine Canterbury. Flamingots in North Africa build conical nests two feet high above water level.
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