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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Dec 11, 1925
Page
23
New York reports show stocks edging upward as a broad array of industrial issues rallied. The session saw mixed trading with notable gains in certain rail and manufacturing issues and higher near term dividend announcements.
The sugar market shows prices holding near 4.03 with minor declines in southern reports. Foreign Exchange in New York lists steady rates with multiple European and Allied currencies quoted and demand noted for several nations including Belgium Germany and Denmark.
Listings from Chicago and New York markets show mixed activity with centralized clearing efforts for dairy and produce. Butter, frosh, and other staples appear steady to weak on recovery floors, while poultry and money market rates in New York reflect standard freight and bank acceptance dynamics.
A compiled schedule lists radio features for Friday December 11 including music, orchestras, and talks from WEAF to WGN. Notable entries include St Ambrose Choir, Salvation Army Band, Romanelli Orchestra, and citywide listings in Montreal, Toronto, Vancouver, Los Angeles, Chicago, New York, and Pittsburgh among others.
Traders noted buying limited by uncertainty over Federal Reserve policy after the day’s close. The 3 1 2 percent rediscount rate remained unchanged as precautions held. Demand appeared for select industrial and regional bonds, while price fluctuations stayed minor and offerings for New York’s next session totaled 15.09 million in Go per cent bonds.
The item lists assorted bonds and balances with figures such as a 93.90 credit balance, 62,900 runs, and 69,122 shipments. It notes New York stock activity and a NY star crew handling 50,000 barrels of potatoes in 1934, reflecting commodity Movements and credit terms.
On December 10 at Chicago live stock receipts reached 93,000 with mixed results. Cattle weak to steady with some steers and heavy bulls showing uneven demand. hogs opened lower and finished mostly down due to lighter buyer activity. sheep and lambs saw price declines across fat lambs and yearlings while feeders and fat ewes traded around mid teens to low twenties. Top grosses included heavy bulls to 14.00, hogs near 11.00 to 11.40, and fat lambs near 13.70 for yearlings with fat ewes around 10.00.
Hartford dispatch reports writs issued to stockholders and others on record as federal action targets Western Union Telegraph and Northwestern Telegraph companies. Case expands to 38 defendants as stockholders face tax collection actions and court involvement.
Chicago reports severe declines in grain and provisions as selling expanded and demand lagged. Wheat closed near bottom, with December and May futures down sharply. Oats and other commodities varied, while reports from Argentina hinted crop damage may ease, amid clearing weather.
Wall Street reports a four percent extra dividend and a three percent quarterly payment to stockholders of record December 10. Freight carrier investment continues with purchases and bids for thousands of freight cars by Reading, Lehigh Valley, Chicago and Eastern Illinois, Pittsburgh and West Virginia, Union Pacific, and Southern Railway. A Prairie Pipe Line consolidation into later retirement plans hints at a large note repayment. New stock exchange activity includes transfers of deceased members and acquisitions in Texas oil with early production and planned development.
A review of attendance at Latta Theatre in SelkNOah presents that 490 customers skipped the show after owner G. J. Latta warned patrons the feature was weak. He had said he did not want to take money under false pretenses, a policy of honest advertising.
ATUAHABAD India December 20 A long campaign against a gang led by Bhanius bandits ends as more than 100 members are convicted. The district police captured the group after years of legal proceedings and a session judge at Nolital sentences them to life transportation. A separate Chicago item notes a town minister and his wife selling their automobile to adopt a baby.
In Charleston area transfers were recorded from the county clerk showing multiple parcels changing hands. Names include Louis Salem, Moss Salem, A Parker, T G Young company, W H O'Dell, Charles Bowles, E B Marshall, Samuel Buyerstein, George W Anderson, John Sparks, A G Young company, Michael Brennen, Margaret Farry, Max Hanning, J A Shafer, N B Taylor, Mary Catherine Hanna, Thane O Butler, Dunbar Land Company, and A G L Garrett. Parcels span Summers street to Kanawha road and multiple additions, with nominal sums like 10, 15, 19, 20, and 25 dollars noted as considerations.
Amsterdam dispatch reports Professor Ernst Cohen of Utrecht accepting Cornell University's offer to become its non residential professor of chemistry. Cohen is renowned for work in chemistry and his experiments.
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