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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Dec 06, 1926
Page
7
Local progress message emphasizes developing Charleston from within and prioritizing investment by residents. contrasts with larger cities and wealthier states that are built first by their own people.
New York December 6 The year end curtailment in industry contrasts with rising holiday trade as steel, lumber and automobile production slow. Cotton prices slide to new lows while other sectors show offsetting gains. Rubber market stabilizes after a $40 million pact by tire and auto makers with Wall Street bankers. Railroads expand wage bills by about $15 million, and conductors receive a 7 1 3 percent increase. Freight traffic remains strong into November, while steel shows renewed weakness with steel business down about 10 percent after a bleak week.
Dun's Review notes stability despite rising failures in the season, with November's rate smaller than last year. Textile prices slump while cotton prices hit a yearly low, yet cotton cloth demand rises. Textile and steel sectors show mixed trends as year-end sales of holiday goods accelerate and retail distribution benefits from colder weather.
The article discusses index prices and the dollar’s relative value versus commodities. It notes prewar conditions, analyzes the cost of basic goods, and estimates the dollar’s purchasing power, including a forecast of the dollar’s value in the near term and its impact on prices.
In Newton a brief item notes a change or event described as one Ayriety down, details sparse but positioned as local news update for readers.
Fragmentary list of clubs including RIWANIS CLUB AMERICAN BUSINESS CLUB ROTA... QUOTA CLUB WOMEN'S CLUB and ROTARY CLUB with notes on luncheons and teas for the coming week, every Wednesday and Thursday events hinted.
A discussion notes that body condition dominates a car’s value as engines wear well but dented fenders, faded hoods, and rust diminish appeal. It cites market trends, index figures, and repair shops like West Virginia Body Works in Charleston and Beckley, which restore dents, build new bodies, replace tops and upholstery, and refine brakes to improve safety and resale value.
The British passenger liner Argyllshire arrived at Norfolk after a 13 day voyage from Rotterdam with a full passenger crew of 112 and 126 passengers. She docked to load coal from West Virginia and then return with 18,000 tons of corn, easing Britain’s coal shortage amid miners strikes and Dublin rationing.
New York reports a bond market surge with about 250 000 500 weekly volume the largest of the year as investors rebalance holdings. A $120 million Standard Oil New Jersey public offering faced weak retail demand causing some shifts to preferred stock and debt placements. Investors priced new debentures of Standard Oil Company of New York and gains followed as markets anticipated year end refinancing.
The West Virginia Cleaners in Charleston promote a sha teless cleaning and dyeing plant and a fleet of delivery trucks. They offer cleaning and pressing, repairs advice, and prompt damage adjustments. Outside customers use parcel post with agents to bring clothes in and return them in good condition. The firm reports growing business and staff as it expands to meet demand.
Rations and political strains ease in some regions while Chinese railway stocks fall to new lows on Turbulence in the country. Railroads, utilities, and industrials see brisk trading as Nickel Plate merger revisions buoy progress. Warmer Sugar issues rise with company gains, convertible issues hint at a petroleum rally, and International Mercantile Mariners hits a fresh high amid broader market activity. Local traction and gas shares remain buoyant.
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