Prospects for 1925 26 earnings from Babson Park column
Colonel Leonard P Ayres of Cleveland Trust Co analyzes business trends at Babson Park Massachusetts. He notes 1925 may see the peak of the prosperity wave with a bull stock market and high industrial output. He surveys earnings of 20 leading industrials over five years, predicting 1925 earnings per share to exceed double 1921, and questions whether 1926 dividends and earnings will meet high expectations as stock prices often lead actual changes in earnings.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Leonard P. Ayres
Cleveland Trust Company
Holiday Hiring Surges in Big Cities While Overall Trend Rises
Our figures show heavy holiday employment in major cities nationwide, while the general employment trend, which hit a low point for 1925 around mid last summer, has been climbing steadily since August.
Cold weather may intensify coal strike in big cities
The piece notes that harsh cold could heighten hardship for residents who buy coal by the bag, but argues that the broader impact of the strike has largely been discounted at this point.
Municipal Bonds Yield Gap Narrows Since 1917
Municipal bonds, railroad and public utility issues show the smallest yield difference since 1917, though still wider than prewar levels. The approaching tax cuts have depressed municipals, affecting demand and pricing in the market.
Rail Merger Plans and 1926 Outlook For Railroads
Secretary Mellon will also serve as director general of railroads as mergers draw attention from the Interstate Commerce Commission and Congress. Davis has resigned. private control postwar readjustment continues. Rail mergers seen as boosting profits for stockholders and improving service and possibly reducing rates for shippers and the public. Chicago livestock markets report higher hog and cattle prices with strong demand, and active trading across hogs, cattle, and sheep.
MENTIONED IN THIS ARTICLE
Mellon
James C. Davis
Interstate Commerce Commission
Congress
Leather prices show seasonal decline in production
Leather prices are sliding with the season as demand keeps up with limited stock. Upper and sole leather on hand remain below average for earlier years while production pace meets current demand, suggesting little likelihood of an upward price trend at this time.
Gasoline prices expected to hold firm in coming months
Demand remains heavy for both industrial and transportation use as gasoline markets show persistent strength. Analysts note steady consumption levels and limited supply disruptions, supporting price stability through the near term.
Oil and Lubricants Market Outlook Cited as Balanced
The report notes oil and lubricants are in a stronger position with production and consumption well balanced. It highlights stable demand, steady supply chains, and favorable pricing factors supporting the sector’s resilience.
Potatoes Shipments to U S Reach 1200 Cars This Year
Canada has sent into the United States about 1 200 cars of potatoes to date, vastly more than the roughly 200 cars exported in all of 1924. Supplies available are now much less.
MENTIONED IN THIS ARTICLE
Canada
United States
Best sales opportunities by industry today
Pay rolls trend adjusted for seasonality and capacity use shows strongest sales potential now in carpets baking glass shirts and collars paper boxes hosiery and knit goods stamped and enameled ware metal products furniture automobiles fertilisers silk goods iron and steel chemicals and agricultural implements.
Weather Roundup for Virginia North Carolina and Tennessee
Virginia reports fair and continued cold tonight with increasing cloudiness and rising temperatures. Northwest winds diminish and shift to southerly by Thursday. North Carolina sees fair, continued cold tonight then warmer Thursday with diminishing northwest winds turning southerly. Tennessee stays fair tonight and Thursday with rising temperatures.
MENTIONED IN THIS ARTICLE
Virginia
North Carolina
Tennessee
Butter Prices and Eggs Reported in New York
New York December 28 butter firm creamery extras listed at 48 1 2 to 49 cents a pound with firsts at 45 to 48. Eggs show irregular/close firm markets with ongoing price movement noted.
MENTIONED IN THIS ARTICLE
N. Y
New York
Chicago Butter Prices Hold Steam Amid Butter Market Rise
Chicago December 23 AP butter prices rise with creamery extras at 46 1 4 to 46 1 2 cents per pound and standards at 45 cents. Firsts range 42 1 2 to 43 1 2 cents. Eggs fall with firsts at 41 to 42 cents.
MENTIONED IN THIS ARTICLE
Chicago
Foreign exchange rates drift with varied quotes
New York December 23 AP reports irregular foreign exchange trading with varied cent quotations. Currencies listed include Great Britain at 484 9 17 and 485 cables, France at 369, Italy around 405 1 4, Belgium 453, Germany 2580, Holland 4013, Tokyo 43 1 8, Shanghai 77 5 8, and Montreal 99 29 32, among others.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Czechoslovaki
Jugoslavia
Austria
Rumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Wall Street Stock Advances Amid Broad Buying
Positive market forces continued to lift stocks on a busy day in New York trading. Gains spread across industrials led by U S Steel Baldwin General Motors and American Can while Chrysler Sears Roebuck Woolworth GE United Cigar United Fruit rose several points on strong demand and dividend hopes.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel Common
Baldwin
Generali Motors
American
Chrysler
Sears Roebuck
Woolworth
General Electric
United Cigar Stores
United Fruit
Opening New York Stock Market Rally Extends Early Gains
Active bidding for high priced industrial shares continued the rally from yesterday as American Can hit a new high of 268 while Chrysler General Motors GE and United States Cast Iron Pipe rose early. Hudson Motors fell on profit taking as rail shares lagged except Union Pacific and Atlantic Coast Line. Foreign exchange opened steady with sterling at 4.8418. total volume about 1.6 million shares.
MENTIONED IN THIS ARTICLE
New York
American Can
Chrysler
General Motors
General Electric
United States
Sears Roebuck
Federal Mining
Mack Trucks
Stewart Warner
Sloss
Sheffield Steel
American Smelting
American Ice
Hudson Motors
Union Pacific
Atlantic Coast Line
Northwestern
Wheat Prices Climbs On Crop Report Hints
Wheat prices rose sharply after the government crop report suggested the United States has already shipped abroad much of its home needed wheat. Opening prices gained 2.5 to 9.25 cents, with December briefly reaching 1.76.
MENTIONED IN THIS ARTICLE
Chicago
United States
Chicago Potatoes Market At Slow Trading Pace
AP reports a slow potato market in Chicago with steady pricing. Wisconsin sacked round whites bring 3.50 to 3.75 per cwt, Minnesota sacked round whites 3.35 to 3.60, Idaho sacked russets 3.25 to 3.75, all varying by quality.
MENTIONED IN THIS ARTICLE
Chicago
Wisconsin
Minnesota
Idaho
Sugar market steady as New York closes
New York sugar markets end unchanged with raw sugar at 4.11 a pound duty paid and refined granulated priced between 5.00 and 5.50 a pound.
MENTIONED IN THIS ARTICLE
New York
Cash Wheat and Grain Prices in Chicago Market
Chicago steady to firm for wheat and grains on December 23 with No 1 hard at 1.74 and No 2 hard at 1.75 1-4 to 1-75. Corn mixed around 73 1-2, oats No 2 white 41 1-2 to 42 1-4, rye 1.00, barley 60 to 64, timothy seed 7.00 to 7.75, cloverseed 24.00 to 30.50, ribs 14.25 and bellies 14.50.
MENTIONED IN THIS ARTICLE
Chicago
Call Money Rates and Terms From New York
New York on December 23 reports call money strong with a ruling rate of 6 and closing bids at 6. Offered at 6 1/4, last loan 6, call loans against acceptances 4 1/2. Time loans steady with mixed collateral for 60 to 90 days at 4 7/8 to 5 and 4 1/8 to 5 for 4 to 7 months. Prime mercantile paper at 4 1/4.
MENTIONED IN THIS ARTICLE
Call Money
New York
Prime Mercantile
New York Poultry Prices Hit Varied Rates
New York markets report live poultry prices with freight and express rates for chickens broilers fowls roosters turkeys ducks and geese. Freight values range from 17 to 45 cents per unit while express values run 21 to 50 cents, reflecting irregular movement and differing transport modes.
MENTIONED IN THIS ARTICLE
New York
Express
Nonresident Letcherstine faces four weekly notices in Tennessee case
State of Tennessee Sullivan County Case Nos 4939 4940 Bristol Typewriter Company versus Letcherstine shows I L Letcherstine non resident. Publication ordered for four consecutive weeks in Kingsport Times notifying appearance January 5 1926 in Bristol Tennessee to answer or defend on warrants in debt for 449 94 in Case 4939 and 250 00 in Case 4940. Garnishee summons attach 124 57 and mimeograph 78 43562 in Bristol Typewriter Company hands. ex parte action warned. November 30 1925. John M Fain Justice of the Peace.
MENTIONED IN THIS ARTICLE
I. L. Letcherstine
Tennessee
Bristol Typewriter Company
L. L
J. P
Bristol
First National Bank of
L. L. Letherstine
John M. Fain
Also Mentioned on This Page
P.F B
Chicago Livestock
Wall Street
All. Chem
Armour of Ill
Atchison Ee
Atl
Coast Line
Balt
Ohio
Bethlehem St
California
Pet
Oneeenee
Leath
Cerro de Pasco
Chile
Chrysler Corp
Coca Cola Sawneebeseeteeereeseenmersse
Colorado Fuel van Edewedeneeeeenessesee
Consolidated Gas Ae Wenn
Crucible Steel
Dodge Bros. “A
du Pont de Nemawn
Erie Railroad
Famous Players
Fisk Rubber Een
Ewweweneeeer Foundation Co
General Asphalt
Northern Pfd
Gulf States Steel
Hudson Motors Ween
Illinois Central
Combuston Eng
Harvester Aeeeens
Mer
Mar. Prd
Nickel Eeeenene Renee
Kennecott
Lehigh Valley
Louisville & Nash
Mack Truck Wee Eww
Ne Eenen
Marland Oil Weweeeee
Mid-Continent Pet
Mol. Kan. & Tex
Missouri Pac. Pfd
Montgomery Ward
Nat. Lead Ae
Pacific Oil
Packard Motor Co
Pan. Am. Pet
Pennsylvania
Ooon
Ty Hs
Standard Oil
N. J
Wes
Union Pacific Gueseneegseeescvoessness
U. S
U. S. Ind
Bank OF Kingsport
Kingsport, Tenn
Home Sweet Home
Golly
Andy
Payself
Sidney Am
Kingsport Times
Kingsport Hosiery Mills
Hayes
Frazee’s Store
United Thrift Store
Times Office
Dale Street
Baltimore
Sullivan County
Tenn
State of
County Judge and Revenue Commission
Blountville
United States Mortgage & Trust Company of New York
Peck, Shafter & Williams
Cincinnati
MO. H. Caldwell
State of Tennessee
Letcherstine
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