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Newspaper
Kingsport Times
Location
Kingsport, Tennessee, United States of America
Date
Jun 08, 1933
Page
7
We express heartfelt thanks for the kindness shown during the illness and death of Breith. Grateful for the floral offerings from Albert D Breith, Robert Poston, and Walter Poston.
Answers to test questions printed on page 6 show scattered, imperfect entries. The garbled text lists numbers, places including Chicago and Denmark, names like Barrett Browning, and varied goods prices for poultry and potatoes with scores and grades inconsistent and hard to parse.
The bond market extended its rise in New York led by semi speculative issues. Low priced rails gained demand despite Rock Island reorganizing. Industrials moved up with stocks. some communications issues fell on deflation fears. Transportation group showed strength with Allegheny, Chicago and Northwestern, Erie, Great Northern, Missouri Pacific, New York Central, Western Union, and Postal Telegraph issues noted.
Prices show 150 pounds good and choice at 2.00 to 8.25 for all weights common on medium. Steel, rubber and oil issues remained firm while U S governments saw slight gains in treasury offerings. Foreign loans steady with good recoveries in several German issues.
Bulls surged early in today's stock session but faced growing profit-taking as morning advances faded. Volume ran near peak with industrials heavy and mining shares leading gains. Major names such as U S Steel, American Telephone, Bethlehem Steel and Standard Oil rose briefly while rails remained pressured.
The Chicago livestock market shows steady to slow trade across cattle calves hogs and sheep with varied prices. Hogs bulk steady to higher with top around 4.65 and light weights near 4.00 to 4.25. cattle and calves mixed with best yearlings above 7.00 and slaughter cattle 5.75 to 7.85. and sheep fat lambs yearlings down around 6.50 to 8.35 amid a broad mix of weights and grades.
New MULU-GLY powder by a French producer promises a fresh look with smooth spread and tiny-line hiding effect. It claims to minimise pores, banish shine and prevent irritation. Available at Helston Drug Co and Helston Pharmacy for 50 cents or 1 dollar tax included.
Circulating for days, rumors claim the administration may set up an open gold market here, akin to England's system. Banking circles note rising mining shares as premiums on gold lift value, attributed to the speculative chatter.
Cotton prices in New Orleans eased after a steady start as traders await Washington action on the acreage reduction plan. Prices moved irregularly with October futures at 79.48 and December at 9.57, up slightly from yesterday. stocks were firmer but selling lingered on improved weather.
In New York curb market trading June 8, Industrials led a broad advance as Aluminum Co of America Tubize Chatillon and Hazel Atlas Glass rose 3 to 5 points. Utilities oils mining and many manufacturing issues also gained with American Gas and Electric Atlas Corp Electric Bond and Share Lake Shore Mines Niles-Bement Pond Gus Oil advancing. Buckeye Pipe and Indiana’s York Star—though—posted fractional gains as market sentiment remained positive.
Pinebluff Arkansas June 8 Officers announced a man who gave his name as Clyde Brooks of Dallas Texas is tied to a kidnapping case and three suspects were identified. The report notes officers disclosed details of the incident and potential motivations amid ongoing investigation.
One of five suspects in custody, identified by three men as the gang leader in a Tuesday kidnapping at Rison. Officers said the man, also known as Jesse Moore, was recognized by Deputy Sheriff W A Tore, J R Perkins, and Sam Rogers of Stuttgart, as the abductor who held the trio captive while others fled to loot safes but encountered a heavy patrol.
London reports a financial note noting prospective mid-June payment to the United States in silver holdings. The item mentions city officials and citizens and a possible outline of terms being discussed today in London.
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