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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 24, 1932
Page
18
New York on June 2 The market showed dull trading with little net change in averages. Preference remained for shares with solid fundamentals as several firms cut dividends and rail stocks reported May figures signaling slower volumes.
The Associated Press reports Chicago markets showing mixed strength as wheat weakens and corn advances amid cautious export expectations. Wheat closes nervous near yesterday's level while corn gains 12 to 30 cents. oats unchanged and provisions rise slightly.
Pittsburgh market summary from the Associated Press lists cattle and calf trading with varying weights and grades. Prices shown include feed, good and choice selections, with calves steady and milk quality noted. overall ranges reflect mixed demand and weight classes.
Theaters today show a varied lineup. At the Virginian a social drama features Robert Armstrong Auree Hepten and June Clyde with a notable cast. The Rialto offers a mystery adventure story with Bea Youngen and Alberte Yauran in a tension filled plot. The Greenbrier presents Final Edition with Fat O Brien and Mao Clack in a bustling newspaper themed drama. The Capitol announces Bawert return engagement with Kamen Nevarra and Fran Buchman as leads in a modern love tale.
The Associated Press notes cattle and calf sales at Jersey City on June 28 with mixed quality ranges. Veal and vealers hold steady to lower, sheep and lambs soften with lambs smaller and medium grades quoted at 6.00 to 8.50 for select grades and 7.00 to 7.30 for better cuts, while cows and bulls show varied declines across weight classes. Direct sales and overall market tone indicate steady to weaker demand in the midweek inquiry.
The curb market continued to drift aimlessly with prices holding a steady undertone. Turnover fell to about 10,000 shares as Electric Power and Light and other issuers faced discounting of preferred dividends, while numerous listings from Amn Gas and United groups appeared in the day’s activity.
May railroad statements show a discouraging overall pattern with a few exceptions such as Western Pacific improving year over year and Reading system beating forecasts. A New York cotton exchange seat sold for 49 000, down 9 500 from the prior sale. Steel ingots and castings output in 1931 reached 34 948 601 tons versus 40 699 483 in 1938 per the American Iron and Steel Institute. Blanchard Oil of New Jersey raised the gasoline tank car price by half a cent per gallon across its territory except New York.
Fragmentary stock list shows entries tied to Harris Upham and Company and other NYSE members. Mentions Continental Oil, Cumberland, Eureka, Humble Oil, Petrotechny Indiana Pipe, South Penn Oil, Kentucky, Pent Mex stock notes. No clear prices or outcomes due to garbled OCR text.
Trade data for the United States reports week ended June 18 bituminous product at 4,200,000 tons up from 3,075,000 the prior week and 8,280,008 in the same week last year. Florida citrus shows 1,226,415 crates produced with 87,087 crates prepeful. grape fruit cases reach 2,738,000. Rubber production rises in British Malaya May with large states at 18,015 tons and smaller states at 14,079 tons versus April.
New York June 23 A foreign exchange summary shows British demand at 3.53 per cent and various currencies quoted with mixed rates. In produce, apples steady at 1.80 per bushel delivered. cabbage weaker at 24 cents per head. quios 100-pound crates lead with prices around 1.2. News wires list multiple country bids and commodity movements observed in the session.
The report notes bank clearings in 47 cities up 19.3 percent for the week ending June 32, with production plans rising to 2,300 cars from 2,000 in July. Chicago district electric output reaches 80,000,008 kilowatt hours for the week ending June 10, and dividends are declared in several firms.
Bond market shows listless trading with sporadic relief amid no broad liquidation. Government bonds closed with modest moves. volume under yesterday and par values around 10.1 million. Grain and textile notes appear in brief market updates alongside miscellaneous commodity and shipments data.
The article notes Vatican temporal power and Pope Pius traditions while describing Roosevelt’s interest in a notable trip by gangster Higgins and three associates to Meadow State prison. Higgins arrived by air, was greeted by a guard, and spent the night in the warden’s house before his death.
The text argues against enforcing a single mold of thought within an organization and urges fair exchange of opinions. It critiques rough language from workers and warns that true ignorance, not ill intent, can offend. It advocates encouraging individuals to think for themselves to foster originality.
Weather data from the U S Weather Bureau notes cooler conditions in the north and middle Atlantic states and the Ohio valley with some warming expected in parts of the north and upper Ohio area. It lists yesterday's 8 a m temperatures and precipitation from 14 representative cities including Parkersburg with a reading of 40.
Nitro News reports Miss Nellie Stewart hosts a party on Twenty third street Thursday night honoring Miss Buggie Harris of Huntington attends with Mrs. K Richards and a slew of guests from Huntington Ravenswood and local clubs. Separate events at Miss Bartram and Mrs. Hincker homes in Twenty first street list many attendees and a planned marriage of Herbert Stewart to Louise Kilgore Wade. A Springfield Orientator plane inventor Jon Baltrun, a Moon Eyes shore odor incident, and local notices on Gumbleton's Detroit graduation tickets and a hospital patient on Twenty third street close the item.
Advertising sale of lot 19 and half of lot 10 in WR Carr Subdivision Charleston West Virginia to satisfy a deed of trust held by National Life Insurance Company dated 1990. sale at court house steps Kane County WV on Monday at 10 A.M. includes description of parcel fronting Western Avenue with conditions restricting dwelling construction for 21 years. Trustee H B Lewis REO and attorney Vernon Ridge Company.
Moscow signals a new era as Soviet Union extends a long term credit likely around 1.95 billion to Turkey, aiming to foster state owned industry and broaden influence. The deal includes machinery, fertilisers, and Turkish raw material payments under a flexible repayment plan.
Relatives from many states gathered as executors sought heirs to the late Eo Lewin a coal and lumber dealer of Paw Yan. The will left Georgiana Lewis the house and $1000 plus other legacies with life tenancy. Administrators Judge Edwin C. Sith and F Lincoln traced 430 relatives spending $178 to locate one in See Dirgu Cat.
Advertising notices outline copy deadlines and rates. Copy for Sunday ads must be in by 7 30 Saturday evening with multiple insertions and pricing blocks shown.
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