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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 26, 1937
Page
10
A chaotic market report notes stocks sliding as investors react to mixed economic signals. Traders describe waning demand and cautious sentiment while blue chips show tentative losses amid continued volatility.
In 11th century Mykonos a vow to build a church led a resident to construct a 30 by 30 foot miniature edifice on his garden wall. A cat sheltered inside the tiny church the night it was finished, and since then it has been nicknamed St Cat. Present owners continue daily services in memory of the founder. 30,000-Word Letter Ernest B Mincey of Fullerton, California, wrote a champion letter in 1932 to his cousin A W Richardson. The eight week effort used over 160 large sheets of paper and many pencils to narrate his 11 years in California and its marvels.
A fragmented ad lists poultry prices and assortments including Jersey hens and cockerels with weights, grades, and trade terms. It mentions standard market codes, dealer references, and vendor names such as Pacific and Be Co, with scattered figures and item descriptions, though OCR errors obscure details.
Fragmented timetable notices list train arrivals and departures with times from 7 to 4.30. Mentions include routes via New York Clare WRED Roanoke and Den Mo Sok Col. Several times appear with uncertain accuracy and some stations like Roanoke and Den Mo.
New York June 30 market action eased on the curb as few trades occurred. Prices in multiple issues drifted lower with Henry gasoline showing slight gains while several oil stocks closed mixed. American Light and Power and American Sugar edged down as volume reached about 414,000 shares for the day.
Grain and provisions prices fluctuate as forecasts hint at a large crop. Wheat futures for July move to 1.23 percent while December contracts edge lower. Rye and oats show gains in mixed trade with corn and barley also quoted, reflecting broad market volatility.
The bond market weakened with domestic, railroad, and utility issues falling to yearly lows. Industrials also declined as the overall downward trend spread, while U S government issues showed swings from about 1 3 8 to 2 3 4 percent. Public and private lines like Pan American Telephone moved down to around 24 1 2.
The Associated Press notes mixed cattle and hog prices with higher weights leading to demand in Chicago. Pittsburgh figures show steady to higher cattle and calves, with hogs and sheep varying as Market activity hints at softness in some classes amid overall cautious trading.
New York June 25 AP. Stocks ease with rails and metals retreating while bonds ease. industrials face pressure. Foreign exchange quiet as franc and sterling slip. Cotton and sugar show firmer tone with steady spot markets. Coffee steady amid European buying.
Ambiguous financial note discusses rigid exchange controls and potential currency moves. Mentions New York rates for Great Britain and Prance, with figures like 4.03 and 4.43 percent, and references travel between Mexico City Montreal and New York.
The Associated Press notes fruit and vegetable prices with early harvest apples at 1.95 to 2.10, Kentucky and California items in the 1.90 to 2.16 range, potatoes steady around 1.30 to 1.90, and assorted berries and cobblers listed. Poultry follows with hens 12 to 39, broilers 3 to 3.75, turkeys up to 7.30, and ducks 12 to 44, with butter and eggs steady.
Bank stocks push higher amid steady market activity with continued trading volume. Investors monitor regional financials and press coverage for guidance as the broader index fluctuates.
A collection of market summaries from Associated Press items dated June reporting treasury receipts and expenditures, wool market impacts from a handlers strike, and coffee shipments. Notable figures include receipts 2,569,545,001.38 and expenditures 473,080,409.2. wool market steady despite strikes. coffee shipments exceeding 75 million pounds to America.
N F Conner chief of the sales tax division reports May receipts reached 148,404 up from 122,237 a year ago. May filings totaled 13,313 compared with 22,237 last May as the state tax department notes.
Radio Highlights presents a cluttered coast to coast signal map with varied programs from NBC WEAP WABG and multiple orchestras. Stations warn that schedules may change without notice, listing concerts, news, and musical shows across mornings afternoons and late evenings.
A garbled snippet reports price trends for staples and metals with references to copper and antimony futures. The text appears to imitate a historical press wire but is incomprehensible in places, listing several elements and prices without clear context or dates. Entities include Associated Press and metal terms, but specifics are unreadable.
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