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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Dec 05, 1925
Page
11
New York Dec 4 stock prices rose broadly amid profit taking pauses and renewed confidence after credit fears eased. Gains of two to seven points spread through railroad and industrial shares as United States Steel rose to 135 closing up 2. United steel and other industrials showed notable strength supported by favorable trade reports and expected record holiday sales.
Notice of a special meeting of stockholders to approve changes in capital structure and stock rights. The session is set for January 11 at 2 PM in Pittsburgh, with discussions on authorized capital stock, preferred stock rights, and potential exchange of common for preferred shares. Official notices list transfer agents and adjournment details.
Scuraiis enective May 20 1928 in Charleston Huntington and intermediate points. Coaches leave Charleston Interurban Railroad Station at 6 am 7 am and 10 pm for connections to Louisville via Guyan Valley train. Special coaches run evenings for Charleston industrial district workers. Huntington departures from Midland Terminal Station Third Avenue near Pine Street. Charleston Vailey and Becks Ney routes with multiple daily departures and 10 percent trip ticket reductions.
Eastbound signals show daily 2m and 4:25 schedule with departures to Washington Richmond Cincinnati and Louisville. Daily trains to Charlottesville Virginian and Hubton proceed with limited Sunday services. sleeper unavailable for Cincinnati. Westbound complex routing includes St Louis Cincinnati Lexington and Huntington Pittsburgh segments.
A brisk rally lifted General Motors back into speculative favor as shares surged and demand broadened to related firms. New highs and gains followed in Atlantic Coast Line and several railroad plays. Energy, oil, and utility issues advanced, with notable moves in Coca Cola, Electric Storage Hatter, and United States Cast Iron Pipes amid a general upturn in the market.
Dec 4 New York call money steady at 3 to 5 percent range with closing bid 5 percent. Time loans mixed collateral short and medium terms, prime mercantile paper around 4.44 percent. references to Liberty Bonds and securities markets appear in scattered data from Haris, Dang and Company and Moerliers on the New York Stock Exchange.
Sugar market at New York shows prices near unchanged with limited activity. Raw and refined prices hold steady with marginal demand. futures for crude cane meal and refined sugar show muted movement as traders await clearer signals. Credit balances and shipments listed reveal modest activity in the trade ledger.
In New York Investment issues faced tighter monetary policy and higher rates as traders evaluated rail and industrial sectors. Stocks showed limited activity with speculative industrials steady while foreign obligations remained subdued and the market awaited further direction.
A garbled OCR passage mentions names and numbers but lacks coherent facts or events. Readable elements include references to months and dates, possible individuals, and scattered identifiers, but no definitive action or outcome is discernible for a concise news-style summary.
Fragmentary OCR shows stock quotations with company names and indices, plus a county court proceeding about a creek valley dispute. Mentions include WES, GREENE, LANE, AUSTRIA, ARGENTINA, BRA, and WATER. Health-related phrase hints at plant harm from ultra-violet rays but context is unclear.
Fragmented stock market items show cattle breed names, prices, and bids with noisy OCR. Mentions Bentley, Curis, Mudge, reader estimates, and scattered figures like 60 and 270, plus references to losses and fire damage at Peterborough, all in a disjointed ledger-like snippet.
Dr John H. Finles editor of the New York Times and Near East Relief official presented to President Coolidge a 12 by 20 foot Isfahan rug woven by children of the Qhaal orphanage in Ghaely Syria. The gift, tied to International Cotton Rule Sunday on December 1, honors Near East relief work and child care.
Turbulent trading saw a 112 point spread between New York and London rates as British capital costs rise. Sterling firmed on London transfer activity while merchant steel districts anticipate full capacity and high demand for finished steel in 1926. New England coke loan contracts exceed 110,000 units, with prices tied to shipment quotations.
Local groups like Hetary Kiwanis and Lions received letters from international headquarters endorsing Golden Blue Sunday. Families are urged to share a simple meal like Near East orphans and to donate to Near East relief so children may have food.
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