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Times Herald from Olean, New York • Page 8

Publication:
Times Heraldi
Location:
Olean, New York
Issue Date:
Page:
8
Extracted Article Text (OCR)

OLEAN TIMES-HERALD, TUESDAY, APRIL 23,1940 PAGE FIFTEEN DilField News--Market --Grain--Livestock--Produce Prices Move Higher DnNewYorkMarket; i Rail Shares Steady Bethlehem Up Three Points To New 1940 High; Non-Ferrpus Metal Issues Show Improvement Despite Softness In Copper Market; Oils Are Firm. By -RLTiKU C. WALZEK milt A I'rtM 1 NEW YORK-- Steel shares as- --jmed leadership of the stock siarket today and prices moved signer without increased volume. 1 Bethlehem, Steel rose nearly hree points to a new 1940 high, U. J.

Steel prefeired made a new at 124 up but slipped later. Non-ferrous metal shares im, -roved despite softness in the cop! market. Chrysler gained a Raihroad and utility issues steady and oils firm. Sland- xl Oil (New Jersey) rose more a point. Numerous special issues were strong and several new highs.

Most paper stocks made new Strength, came into a num- i'ar of railroad equipments on re- the Allies planned placing jcders for heavy ordnance which units are equipped to pro- 11 American Car Foundry issues jjcre strong, with the preferred up jiore than two points at its high. I ynerican Locomotive preferred a new high, atjsixty-two up liighs were made by Inter- ational Paper issues, Rayonier jtid West Virginia Pulp. Celanese ade a new'high. i Automobile equipment issues jere at new highs on outlook for demand 'for cars and The Department of Corn- ti today reported factory sales automobiles, in the first quarter i 1,259,027 units, a new high for period suice 1929. New were made bv Allied Aills.

Container Corporation, Ijoehler Die 'Casting, Robert Gair Deferred, Minneapolis Molnie pre- Kelsey Hayes issues. Tim- 'jen Detroit Axle and Worthing- jm Pump issues. Some building material issues ere wide gainers. Certain-teed yeferred touched 33 up aiid prefen-ed 70 up Aircraft issues were quiet with irregular. Chemicals gcn- erally moved higher.

made small 'Business- news appeared more favorable a rise was indicated in car loadings. Frank Puraell, president of Youngstown Sheet it Tube, told stockholders that actual consumption of ateel exceeds new buainesa and that when inventories are worked off, buying shduld increase. i Bonds were firm. UTieat was irregular. Cotton futures -were firm.

Grain Close High Low Close Prev. WHEAT 110 109 109 109 CORN 65 ii 65' 4 Sept 66 OATS May 421J July 38ft 38U Business Should Boom Here! May 111 July 109 Sept 109 May July ept May July 35'i 35 Vs RYE 72 74 73 71'i Sept SOY BEANS May 111 July 109 109 1071,4 109 Oct 95 3 951" 9.5 95 Wool Market BOSTON Manufacturers and topmakers were making a few inquiries for domestic wools on the Boston market, but their purchases thus far this week have been small in volume, the S. Agriculture Department reported today. The price situation in Boston has shown little change. Spot woolr were quoted steady.

Wool offered from producing- areas were quite firmly quoted at prices higher than buyers were currently willing to pay. NEW YORK STOCK EXCHANGE Quotiliont furnithtd by I TODAY'S CLOSING P.M. Crude Market New York Produce YORK--The following quotations represent today's prices on the New York City downtown wholesale district up to 8 A. as supplied by the New York State Department "of Agriculture and Markets. Trading- on the New York market was lisftt today because of the Passover holidays.

Receipts and unloadings were" mostly from the south and west. Southern New Jersey rhubarb NOTICE IS HEREBY GIVEN that the following revised gas rate 3 cent-? per bunch. been filed by The Keystone Gas Company, with the Public Onions: Western New York. 50 ien-ice Commission, effective April in the Olean territorv. Ib.

sacks, yellow. U. S. Number SERVICE CLASSIFICATION NO. 1 One, 1.90-2.00; fair to ordinary A I Butter And Eggs Applicable to use of Service for: All purposes, available throughout the territory served.

iharactcr if Service: Continuous Natural Gas approximately 1.000 B.tu. per cubic lot supplied at 6 oz. above atmospheric pressure. late: 1.50-1.7.": red 1.75-2.00. Texas, new crop.

50 Ib. packs 2.50-2.60: I white boilers, 25 Iba. 1.35; pickles Per 1,000 Cubic Feet Gross Discount for the first 2.000 Cubic Feet per Month $.72 the next 3.000 .67 the next 10.000 .62 sor the next 10.000 .56 for all over 25.000 .51 iliniiimuni Charge: Ninety net per month. THE KEYSTONE GAS COMPANY. INC.

5 Irving K. Peck, President. S.02 .02 .02 .01 .01 TK OF XEW TORK j.TRKME COURT OF CATTARAUGUS: i H. Lincoln and H. B.

Lincoln. SITRKMK TOI7BT: VMTK OK MiW YORK: COL'XTV Apples: Western New York. Baldwin. 2'- inch, 1.00-1.25; Red Delicious 2'i inch, 1.50-1.75; Mc- Intos'n inch, 1.50-1.75: Norlh- J'-J-Q ern Spy 3 inch. 1.75; Rome incl5 Southern, Al" 6 bcmarlc Pippin.

Number One. 2U to inch 1.50-1.7.": York perials inch. 1.40-3.50. Carrots: New York, washed. per bushel basket, unwashed, 100 Ib.

sacks .253.50. Texas, new crop, washed, 1.40-1.50 per basket. Potatoes: Maine. Green Moun- tain. Number One.

U. size, i 100 Ib. sacks. 2.00-2.05; 2 inch minimum. 2.10-2.15: 2i inch 2.252.30.

California, long: whites, wash- NEW YORK--Butter receipts 1.282,432 Ibs. Market steady to firm. Creamery higher than extras first 90 to 91 score seconds 1 TM. EGGS Egg receipts 40.338 cases. Market irregular.

White eggs: Nearby and mid- western exchange spcls nearby and midwestern standards IS 2 nearbj and midwestern mediums lP-7i-37: Pacific Coast Jumbo and Premiums 27-29. Brown eggs: Nearby and mid- wcstTn specials 19'-. French Missile In War of Words -VS- is OWNERS' LOAN CORPORA- i cd. 100 Jb. sacks.

2.90-3.15; 50 Ib. Tio.v. ns B. C. 3 6 Florida, new crop, I JOSEPH GEPlNiikR ami E1J1JA bushel basket, tub or crate.

Num: KKPlxr.KR. his wife. 3H P. her One Spaulding Rose 1.50-1.75: i Y. AN LEATHER COJIFANT.

51XCOKPOHATED. hi of and Ijy of a by Jhi5 Conn anl in the County Clerk's offii-o an 12ih day of Ajiril. 1940. I iV and duly' crant-J and JiJy duly i-tl and "JitciwS in Cltrk's Office of judemcnt of lore- Bliss 1.50-1.75: Earl Lainc 3.65-3.7."); Katahdin 1.60-3.65; Round Whites. 1.50-1.60.

New Jcrwy Rome Beauty 1.00-1-25; Delicious 1.50-1.62. NEW YORK-potatoes barely steady Texas whiles No. 1 Livestocks EAST BUFFALO--Hogs--Saleable receipts 100: market 13-25C over Monday, weight and quality considered: trucked ins 170-230 Ibs. S6.40-S6.50. few $6.60 and 56.70: good and choice 1SO-230 Ibs.

quoted S6.75. Cattle--Saleable receipts 100: holdovers approximately 200; no early action on steers; cows and bulls firm: cutter and common cows canner light weight sausage bulls Calves--Saleable receipts 100: vealcrs unchanged: good and choice mainly 513.30; common and medium S6.75-S30. Sheep--Saleable receipts 200: lambs -steady; Rood to choice $10.75: comparable shorn lambs odd lots 40-60 Jb. springers $11-513. French rumor takes a pot-shot at German protestations of "peaceful" intentions in this cartoon from the Parisian paper.

Le Lumiere. One German soldier asks: "And why would we go to Sweden?" "Jn order to get the Nobel Peace Prize for the Feuhrer," his comrade replies. NEW YORK--Closing prices. Market firm. I Alaska Juncau 6' Allied Chemical 17S 1 Allis Chalmers 35 American Can 115 American Rad 1 Am.

Roll Milles 15 li Am. Smelt. 50'i Am. Sugar 22U American Tel. Am.

Tob. Anaconda Atchison Auburn a Aviation Cp 7 6 Baldwin Ct B. 0 Bendix Avn 34 Belli. Steel Borden 23'j Briggs Mfg Case 6S Cater Tr Celanese 35 Cero De Pasco 37 C. 0 39 Chrysler Col.

Gas 6 1 Com. Solv Cons Edison Cons Oil Corn Prod. eOV, Curtis-Wr 11 Dom Mines Douglas Aircraft 90-V DuPont Eastman 150 El. Auto-L El. Boat 37S, El.

6 Eric 1 Gen. Elcc Gen. Food 48-" 1 Gen. Motor 54 Gliddon 37 7 Goodyear Great North Ry 111. CenU-al Ind.

Rayon 25 Int. Harvester Intl. Nickel 30'-. Intl. Tel Johns Man 68 Kcnnccott big My Loew's 351, Mel tyre Nat.

Daily IS 1 Nat. Loft AlcKcss Rob McKe-ss. Pfd. Electric Woolworth 40 Ct'KB Am. Super Wr Assoc.

A Cities Service Creole Pet Electric 6Ts Ford Limited 3 Niag. H. Pwr 5 Standard of Kentucky United Gas i TIDEWATER MTK CO. Eastern Effective January 1, 1WO Bradford, Pa J2.75 Allegany. N.

J2.7S SOUTH 1'ENX OU, CO. Effective January 1. 1940 Pennsylvania Grade Oil in National Transit Lines Pennsylvania Grade Oil in South West Pennsylvania Lines $2.40 Pennsylvania Grade Oil in Buckeye Pipe Une Co. Lines J2.75 Pennsylvania Grade Oil in Eureka Pipe Lines J2.34 Lrite Classified Ads Exchange Sales Close .880,000 17 Female Help Wanted TltEASUKV BALANCE WASHINGTON Government expenses anil receipts for the current fiscal year through April 20, compared with a year aso: This Year Last Year YOUXG LADY wanted for general office work, be neat and at Shorthand an advantage. WritP Box 129, stating oxpc-rir-ncc and referpnces.

Articles for Sale WALNUT METAL BED and So; Capen plajer piano. rolls, beach ft, norcii ririam S2: 2 rockers jdc each Cail at 207 E. Oak St. 57.729.143,292.1 Keccipts 4.37S.015.3G4.02 Gro-. Deficit 3.084,577,1 35.1 0 2.794 ,550,206.86 Deficit Balance 2.261.175.9SS.93 3.106.628,503.43 LARGE AVALNUT CHIFFOROBE, i (Tdar Pile" CaU al 121 1 X.

30th St. Phone -S690. Cars for Sale Dow-Jones Stock Av'gs. Don- Jones preliminary closing stock Industrial, 148.93, up 0.92; Rail. 30.75, up 0.12: Utility, 24.06, up 0.01: And G5 stocks, 49.75, tip 0.25.

1926 STUDEBAKER In rood runninr condition. For sale leasoaable. or for wood. Inquire SIS Boll St. 56 Apartments-Unfurnished I LAUREL 320--Lower 5 room ntwruncnt.

newly decorated. Fur- 1 nriri-. oak floors Garage. AdtUts prr- i leired. Inquire at 233' 2 X.

Union St. Mayor Of Buffalo Gives Hitler Advice BUFFALO--Mayor Thomas L. Holling- celebrated his fifty-first birthday today with a bit of advice for Adolpf Hitler. "If Hitler, who has just celebrated his fifty-first birthday, feels half ns pood as I do, he'd settle cicnvn and quit his blitzkriegs," Mayor Holling: said, "it's more fun being a Democrat." Milton C. Powell Co.

INCORPORATED INVESTMENT SECURITIES i 704 Exchange Bank jj S. T. Gllboy, Manager Phone 4636 Y. Central No. Am 22 Owens 111 i Packard Penn.

R. 22', Phillips Pet 391. Pub. Scr. X.

Pullman 251t Radio 6 7 Republic 21 i Rcy. Tob 43 Scbcnley 13' 2 Scott Paper 4 2 56 27'-. 30 OT o'clock Jhr forrnooB J.75-1.85: Idaho kors ol'J box 2.25-2.60, Maine Green Moun- and win No. 3 ild 100 Jb. baj: 2.002.35: Prince Edward Island old Buffalo Market Professor Gives ThrilJers Pat On Back OMAHA.

throw aside your novel and take to detective storie-s for good rending these days. That's the advice of Dr. Louise Pound of University of Nebraska English department. Crime stories are the only ones which retain a plot. Dr.

Pound said. As a result most people are passing up the totalitarian or socialized novel, a product of the present social order, she said. Rears Roo So. Am. Gol-1 So.

Pacific Spiegel Standard Biands Ind X. 41 Texas Corp 4 Timkcn 4S 2 Shell Union Union B. A IS', Union Carbide Union Pacific Unioled Aii United Cp 2' 4 U. S. Gypsum 82'- U.

S- Ind. Ale 24 U. S. Rubber 33' U. P.

Smelt U. S. Steel U'alker Hiram 31 3 Western Union 22 Westinghouse Air i FREEBORN EQUII'MENT CO. ft. t.

fill SUM should you have administer your Estate an individual or a bank? How you answer this question may greatly affect the benefits and your heirs. Capable estate administration requires wide business experience, a well grounded knowledge of investments, up-to-the-minute information on State and Federal Tax requirements. Few individuals are prepared by training and experience to meet all these requirements. Wkea you name this bank you have comfortable assurance that our Trust Officers will apply their wide knowledge and experience in the seulins: of your estate. C.1y» of y.

Sprinjr pat- i i Land Ownjuny-. Surv Ixmr rfiitk." troth No. 3 an an iirm far 3 3-22. BUFFALO-- Produce: Poultry (cents per Ih Steatlv; fow3 37-21: frj-cm 2122: roaMcrs 23-24: broilers 22-26; ducks 17-1S: turkeys Live Poaliry (cents 3b.) -About steady: hfravy fowl Lepborn 16-J7: cocks 32: Lesrhom 1S-20: 3S23: turkeys candlw! fancy 27c: Grade A 55-60 24c; ncarbys jvrr bu. sihdins per bu.

S3. SO- $3.35: Fla. Sliiw bia, rrltf S22.1; 3OO Ib. "bu. JKT bu, 'ft Ill J2 3) 1.1 hereby R-jvea that Ihe nnrtnt jn.ike Answers to Test Questions Jir 1 ff ae th.

3S40, BiMjm 3-31 for the jjjiTTtsw 4.V*. rc.1 JtJ'3r'v. ihc to nn Tork, IX A SIXC.IX two 1 can produce of BiwtoTi 5 jxc'k Jceberjr crate baakc 2. TJie casncl. 3.

3t is not fortified at all. 4. 5. Frenchman. 7.

J'hiladelphr 5. Felix Frankfurter, John Mir.r. 10. North Carolina. HOW'S IT.

barf dwt "it IM EXCHANGE NATIONAL BANI tllAR The Loiiic of Service Charges 50 A BANK has two commodities to sell credit and services and compensation for these i essential if the bank is to operate soundly. service rendered costs the bank money. There arc direct expenses such as the cost of the actual time spent in handling checks-- amininf them to guard against forgery and alteration, sending those deposited to other banks for collection, bookkeeping entries, fit- ing. postage, stationery, forms and records. There are indirect costs such as rent, lifiht beat, depreciation, salaries, insurance, taxes.

If depositor's loanable balance is not cnoitf to produce sufficient earnings to offset the of services rendered, then a charge necessary. This, you will agree, it simply aouod buaiaeai practice. OLEAN TRUST COMPANY 1 OfcML N. T..

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About Times Herald Archive

Pages Available:
154,894
Years Available:
1909-1951