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Newspaper
Americus Times Recorder
Location
Americus, Georgia, United States of America
Date
Dec 30, 1924
Page
2
Permits issued here reveal additions and improvements costing over $600,000 to the Southern Railway shops in Atlanta, with construction to proceed under the approved plans and funding.
Miss Frances Shiver Miss Ruth McMath and Allen Hill Jr escaped serious injury when a Ford sedan overturned in a ditch near Brown's Mill on a wet road. Shiver suffered leg cuts and fainted as flames appeared under the hood. all three were treated and expected to recover with rest.
Atlanta December 30 The Commerce Bank and Trust company in Atlanta filed a petition for a charter with Secretary of State S. Guy R. McLendon. The plan calls for a general banking and trust company with capital of 250000. Incorportators named include James L. Key Morgan Wynne Rh W Crenshaw and others. State licensing to operate has not yet been sought. The note adds an objection to bills early in the month.
An old advertisement touts Mentho-Sulphur as a fast acting remedy for eczema and other skin troubles. It claims germ destroying properties soothe itching, cool the skin after the first application, and heal rash and blotches, with Bowles Mentho-Sulphur sold by druggists.
A state charter for the North American Life Insurance company was issued in Atlanta. The home office is to be in Atlanta with capital stock of 100000. Incorporators include Silas W. Davis O Be Spont C Lippe Wie T Dreger and M A Carson, all of Atlanta.
Smithville High announces honor roll selections listing sixth graders Grace Booker Elizabeth Bridges Ruth Cowart Roy Dean Mattie Lou Duckworth Roland Goodroe Josephine Jones Elma Jolly William Jones Thomas McDonald Sara McDonald Bill Nesbit Walter Perry Minnie Richards Raymond Richardson Wilbur Sparrow Leon Scott Opal Scroggin Pauline Stanford Evelyn Webb Thel Young Virginia Reddick and others honored for academic achievement.
A Boston inventor Garabee T. Giragossian seeks Congress support for a so called free energy generator drawing power from atmospheric energy. He has lobbied for patent protection since 1918 and previously prompted a joint resolution for a demonstration, with debates about proving originality and potential industrial reforms.
In 1924 the American loan market surged as idle funds boosted bonds and government securities. Major finance moved on a rising tide of new issues including a large U S Treasury long term bond sale and heavy oversubscriptions for international loans to Germany and Japan. Argentina also issued multiple bonds, underscoring a year of strong loan activity and cross border borrowing.
The Mexican debt operation and subsequent collapse saw service on the 590 million debt default on July 1. Late in the year prospects grew for resuming payments as sale proceeds of a 50 million loan were reported for that purpose. Interest payments on bonds defaulted at higher rates, lifting total industrial defaulted issues from 96.8 million to 123.9 million. NYSE bond sales also expanded.
A nostril opening claim promises instant relief from catarrh and nasal congestion. The ad urges readers to buy a small bottle from a druggist and apply a fragrant antiseptic cream in the nostrils for instant soothing of inflamed mucous membranes.
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