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Newspaper
Kingsport Times
Location
Kingsport, Tennessee, United States of America
Date
Dec 01, 1925
Page
5
Babson Park special reports on organized labor embracing budgeting, time studies, and labor standards to boost cooperation with management. Notes rail of New York business uptrend, crop values up, copper stocks sound, cotton price decline, farmer loan strides, and cautious outlook for 1926 with tobacco demand rising and cigars slipping, durable goods and cement output growing.
The text notes supply on hand exceeds 1924 levels by over 20 percent amid expected cement and machinery production declines. Foundries run at high levels, autos fall, railroads slow, retail trade gains from higher purchasing power. Shoes show a distinct improvement while bookings rise in small jets though delivery lags. Seasonal factors will curb manufacturing activity.
Local newspaper ads show stores favor broader advertising when business trends rise. The public responds well to persuasive pitches in good times, but firms must anticipate conditions carefully as stress periods lessen impact.
Virginia shows mostly cloudy tonight and Wednesday with rain along the coast and a slight warmup in the southwest. Gales on the northeast coast shift to northwest by Wednesday morning. North Carolina sees cloudy conditions, rain in the east, and a cooler night with a warmer Wednesday inland. Coastal gales diminish Wednesday. Tennessee remains fair with a rise in western temperatures by Wednesday.
The New York stock market showed irregular early trading with rails and some Standard Industrials bid up modestly. Motor stocks faced selling pressure with Chrysler dipping two points and rail names like Kansas City Southern and Wheeling and Lake Erie down slightly. Limited gains for Sears Roebuck, General Electric, and American Can contrasted with losses in Chrysler, General Motors, U S Rubber, Mack Truck, Famous Players and Murray Body.
Commodity markets show steadiness at the start with cotton futures in New York and New Orleans opening steady. Prices for December through July contracts edge higher early, while butter eggs poultry and sugar hold near prior levels. wheat meanwhile makes a sharp early advance in Chicago as oats rise slightly.
Provisions reflected concern with the grain market as officials noted shifts in supply and demand. The report highlights policy reactions and movements in prices, with emphasis on strategic measures affecting farmers and traders amid evolving market conditions.
Appoints Judges Clerks and an Officer to conduct a special municipal election on December 12 1925 at the City Court Room Kingsport Tennessee for submitting to voters the question of issuing bonds not to exceed $900 600 for acquisition of Kingsport Utilities property and water system. Includes related court notices and orders of publication in Kingsport Times.
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