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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 24, 1938
Page
21
Stock averages moved higher for a fourth straight session on June 22 in brisk trading with gains mostly 1 to 3 points as ticker tape ran fast in early forenoon. Strong buying from all quarters including Europe supported pivotal issues amid a rapid market rise.
The piece describes a stock market session with a flash reporting system, a shift from bearish to bullish positions, and notes on government spending, inflation fears, and investor appetite for securities as winter approaches. It lists notable gainers such as Santa Fe and Bethlehem Steel, with overall volume figures and turnover.
Foreign currencies opened firm then softened vs the dollar in quiet trade. The British pound recorded modest gains in dollar terms while other major European currencies showed small advance. Quotes from cables and banks included varied rates for bills and demand, with mixed signals across markets.
The Associated Press notes June grain and provisions prices, with new wheat gains and Chicago futures showing mixed moves. Corn and oats publish slight shifts while soybeans and other staples hold steady, reflecting a cautious trading day in the commodities market.
The Associated Press notes wholesale price trends with a broad index of 38 commodities rising. The index value reached 16 65.22 reflecting overall increases in staple goods.
New York June 21 reports indicate live poultry prices for uk leghorn and Old racers with mixed figures. Dressed poultry ranges from 13 to 19 cents with many lots around 14 to 15 cents, while rollers and reds command 17 to 21 cents and related figures show irregularities in old stock and fresh lots.
The price data on trades from the New York Stock Exchange are provided by Winthrop Mitchell and Company. The report lists closing figures for key listed securities along with brief market observations.
The bond market rallied with railroads leading gains of 1 to 4 points in active issues. Demand rose as carryings estimated higher, wage dispute settlements in carriers reported, and business outlook improved. Government and treasury notes shown alongside, with mixed price shifts across various securities.
The item lists fluctuating prices for chickens and fowls including grades and pack types. It mentions regional exchanges Midwestern and Pacific coast standards for various poultry products and premiums after specials.
Wheat and apples show steady demand with New York Rome Beauties and Delicious apples priced around 1.00 to 1.10 per unit, Virginia Cobblarg and other varieties at 1.00 to 1.65, potatoes steady with stock notes. Reports include metal market steadiness, cotton goods demand, and various commodity prices from New York and Pittsburgh markets.
The Associated Press notes cattle and hog prices in Chicago with mixed movements. Hogs largely higher, top around 9.38 per 100 pounds. calves and yearlings show strength, with best fed steers near 10.25. Sheep and lambs mostly weaker to uneven, with clipped lambs improving in certain lots.
Markets show strength in the fourth day of gains led by stocks with gains in industrials and rails. Bonds rise, currencies steady with some improvement against the dollar. Commodities show mixed signals as cotton and sugar firm and coffee steady amid daily activity.
Market desk reports Winthrop and Mitchell furnished stock figures for the Dow Jones averages with slight gains across industries rails and utilities led by notable upticks. The 30 Industrials index rose, rails gained, and utilities posted modest increases in this brief market update.
An Indian government official said India will not exhibit at the Empire Exhibition in Glasgow next year due to financial reasons. The decision drew comment in Britain as officials noted that maintaining a high standard would be difficult with a pavilion adequate to represent the country.
Our Service Bureau at Washington offers a packet of 26 cookery leaflets including Apples and Apple Dishes, Quick Breads, Cheese and Cheese Dishes, Desserts in 44 Styles, How to Cook Meats, Rice in Cookery, Tea Cakes, Feeding the Family on Low Cost, and more. Frederick M. Kerby directs The Gazettes Service Bureau in Washington DC, with return postage options.
The readable fragments refer to an estate notice involving parties named in a probate context. Details are unclear but indicate notices to interested persons and statements related to inheritance and property handling. Additional readable names or dates are not discernible from the provided text.
The notice appears to warn about stock items and forthcoming actions related to Fisk and a party. It references Orsi and a February date and mentions a public or official action. The text is garbled but centers on a stock notice and potential deadline.
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