MEN AND MARKE By P F B
Pabson Park special notes brisk business and tax mood in Congress as 1925 ends. Business expects tax cuts, dividends rise, and wholesale trade holds with cautious optimism. Agriculture shows corn belt weakness and low cotton prices while Canada exports rise. Industry slows slightly but manufacturing stays above average and year end quieting may be brief. General activity remains active but cautious.
MENTIONED IN THIS ARTICLE
Pabson Park
Mass
Congress
Congresss
Seasonal Goods Drive Strong Holiday Retail Demand
Retail conditions are favorable for seasonal goods as holiday buying remains satisfactory. First orders this month are expected to exceed last year’s by a comfortable margin, with higher repeat orders and a generally positive market outlook.
Employment-Trend Shows Stable Hiring Amid Seasonal Wrap
Employment-Trend has moved sideways during past weeks. No serious layoffs in help and no unusual extra demand for help outside a Christmas season trade. General condition good.
MENTIONED IN THIS ARTICLE
Unusua
Commodities Price Movements Show Mixed Decline and Rise
Commodities exhibit further declines and price advances, though declines nearly double advances, nudging average movement slightly downward. General market condition remains satisfactory.
Railroads show continued strength across earnings and freight
Railroads report satisfactory earnings and freight loadings with rapid Florida line expansion. Rail buying activity boosts steel industry segments. overall general situation described as excellent.
MENTIONED IN THIS ARTICLE
Florida
Steel Division
Year ends with hopeful note on business and caution for small traders
The report notes failures as the year closes, but expresses hopeful sentiment. It observes conditions were slightly better than the previous week yet well below the 1924 general situation, deeming the outlook good but urging small traders to exercise caution.
Construction tensions over building underscored in week review
Authorities on both sides discuss what is described as over building while highway work continues to advance. The general situation is labeled dangerous as planners weigh limits and growth against safety and traffic needs.
Money Rates Steady as Demand Stays Strong This Week
Money rates remained firm through the past week with heavy demand for cash driven by holiday buying dividends and gift spending. General market condition is described as easy with no stringency in sight.
Banking-Clearing Shows Improvement Over 1924 Pace
Banking clearing continues to outpace both the prior week and the same period in 1924. Several banks warn about real estate loan exposures especially in New York. Some Northwestern banks suspending payments this week aid trade. General condition reported as fine.
MENTIONED IN THIS ARTICLE
New York
Northwestern
Market edges rail stocks up while industry drifts
Sharp upward movement in rails boosts stocks as industrials declined further. General conditions remain dangerous. Railroad bonds were more in demand than for some time, signaling cautious investor sentiment in a choppy market.
House Advances Tax Reduction Bill Amid Coal Strike Interest
Washington reports indicate the House made political progress on the tax reduction bill while legislators show growing interest in the coal strike issue. The general situation appears satisfactory as proceedings proceed in a cautious, status quo manner.
MENTIONED IN THIS ARTICLE
House
Washington
Reparation Plan Progress Mixed For Belgium Aid
The Foreign Dawes plan operation reports show progress yet indicate much remains. The Federal Reserve Bank of New York and similar bodies this week signal potential Belgium aid before long as the general situation stays poor but improves slowly.
MENTIONED IN THIS ARTICLE
Dawes
Federal Reserve Bank of New York
Belgium
Weekly condensed business summary signals shifts in trade lines
The weekly report highlights changes across key industries, noting movements in specific lines of trade and sectoral trends. It emphasizes notable market activity, corporate actions, and revenue considerations shaping the current business landscape for the busy reader.
Column Details Expanded Throughout Each Week
The column notes these items are taken up in detail across every week, expanding coverage and analysis. It emphasizes ongoing attention to topics and developments, offering readers deeper context with each installment.
SAYS SOUTH CAN MEET WORLD DEMAND OF COTTON
Auburn Alabama Boll weevil or not the cotton belt can produce all the fleecy staple the world will consume and pay for at a living price says Alabama Experiment Station officials. Professor M J Funchess director notes fifteen year study shows fertilizer and better seed varieties can raise output with small added cost and no need to expand cotton area.
MENTIONED IN THIS ARTICLE
Auburn
Ala
United States
Alabama Experiment Station
M. J. Funchess
Iron Industries Maintains Feverish Alabama Output
Birmingham dispatch reports coal coke steel and allied iron industries in the Birmingham district operating at capacity to meet large fall and early winter orders. Coal production nears weekly and yearly highs with shipments totaling about 450,000 tons for the week ending December 12 and a yearly estimate around 19 million tons. Prices quoted for steam and domestic coal range from 2.25 to 6.50 per ton, while coke and pig iron output stay at high levels and blast furnaces run continuously. Migrant miners from Illinois Georgia Alabama and Mississippi supply labor to sustain fuel and steel needs as new developments and potential entrants into Alabama mining and steel are announced for 1926.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
F.o.b
Alabama
Fairfield
Gulf States Steel Company
Illinois
Georgia
Mississippi
United States Steel Corporation
Gary
American Iron & Steel Institute
U. S. Steel
Sloss
Sheffield
Chrysler Corporation
Maxwell
Bull Market of 1925 Reflects Wide Prosperity Gains
New York AP reports 1925 end year stock market activity reached record volume as rail and industrial averages hit historic highs. Cheap credit, gold hoards, and strong freight, steel, banking, and auto sectors propelled gains despite French debt issues and uneven international response.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Associated Press
Great Britain
France
Germany
Italy
Europe
United States
Paris Exchange
Florida
Southern Railway
New England
New Haven
Southwestern Roads
Northwestern
Chicago, Milwaukee & St. Paul Railroad
Panama Canal
Interstate Commerce Commission
Wheat Market Turns Out as Wild Affair
Chicago reports a brisk closing session where the wheat market surged to new seasonal records as buyers, led by strong eastern demand and a bullish government report, pushed prices up four to 7 1/2 cents. December wheat finished at 1.84 1/4, with further gains in late trading eroded by profit taking. Corn and oats also rose modestly on the uplift.
MENTIONED IN THIS ARTICLE
Chicago
Weather forecast for Virginia North Carolina and Tennessee
Virginia shows generally fair but colder conditions with snow flurries in extreme west Sunday and Monday. North Carolina mostly fair with snow flurries in extreme west, colder Sunday into Monday with fresh northwest winds. Tennessee mostly cloudy and colder with light snow flurries Sunday, a west cold wave Sunday night, then Monday fair and continued cold.
MENTIONED IN THIS ARTICLE
Virginia
North Carolina
Tennessee
Mining Development Plan Pledges $106 Million in Alaska
Fairbanks Alaska Dec 26 AP Authorization of a gold mining development program means more than 106 million dollars will be spent in the territory over the next three years. Norman C Stines manager of the Fairbanks Exploitation Company a subsidiary of the United States Smelting Refining Company announced by cable to the Fairbanks New Miner from Havana Cuba.
MENTIONED IN THIS ARTICLE
Fairbanks
Alaska
Norman C. Stines
Fairbanks Exploitation Company
United States Smelting & Refining Company
Stines
Havana
Cuba
Wheat Kites Higher With Amazing Speed
Chicago December 26 Wheat prices rose sharply as traders noted rain harmed Argentina harvests while U S mills faced tight bread materials for about sixty days. Prices spiked up to 9 3 4 cents before closing 4 to 7 12 cents higher with December and May futures advancing and corn oats and provisions also gaining modestly.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Canada
United States
Science Uses New Force In Battle With the Insects
Kansas City reveals how science fights crop pests with poison airplanes parasitic organisms and chemical methods. Entomologists discuss combating the European corn borer wireworms and peach orchards treated with mercuric acid. A queen bee can be fooled with substitutes while larval nutrition hinges on royal jelly and pollen mixes.
MENTIONED IN THIS ARTICLE
Kansas City
American Association For the Advancement of Science
America
J. H. Bigger
W. P. Flint
Ilinois
Lower
Michigan
Ohio
F. A. Fenton
Florence
S. C
Georgia
Oliver I. Snapp
Fort Valley
Ralph L. Parker
Kansas State Agricultural College
Parker
Governor Peay Grants Clemency In Christmas List
Nashville dec 27 AP Governor Peay adds pardons to his Christmas clemency list Beasley alias Jack Morrison of Shelby county pleads for release to government hospital due to war wounds tuberculosis and prison status He must seek treatment and obey law while on parole otherwise return to state prison Also commutations for Sam Stewart and Jim Martin of Monroe county to parole eligibility Barfield Adams of Houston county receives a 10 to 20 year murder sentence commutation
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Peay
James E. Beasley
Jack Morrison
Shelby County
Beasley
Veterans Bureau
American Legion
D. W. Fooks
Samuel O. Bates
Sam Stewart
Monroe County
Supreme Court
Jim Martin
High Court
Barfield Adams
Houston County
Classified Want Ads Offer From Port Times
Want advertisements save a lot of steps. They do the initial investigating and bring back something tangible for the advertiser to work on. Let the Kingsport Times save your time. Phone 140. Two cents a word for each insertion paid cash minimum charge 30 cents.
MENTIONED IN THIS ARTICLE
Kingsport Times
Miscellaneous ads and notices for services and lost item
Classifieds show Hayes Service Station seeking tire vulcanizing work with cash payments and guaranteed service. A lost handbag between Kingsport and Rogersville offers a reward at Kingsport Hosiery Mill. Daie Street Market lists mule tobacco for sale at 15 cents per plug.
MENTIONED IN THIS ARTICLE
Hayes
Kingsport
Rogersville
Daie Street
Christmas clemency grants thirty six pardons and commutations
The governor issued clemency to several prisoners in Tennessee. Charlie Moon of Bedford County, jailed one to five years for petit larceny, received a pardon. J. M. Davis of Clay County, convicted of manufacturing liquor, got 90 days and a $250 fine and was pardoned after the sheriff cited illness. Stonewall Robbins of Davidson County, labeled S. J., charged with possessing liquor and fined $100, also received clemency. This marks the 36th batch of pardons and commutations by Gov. Peay at Christmas.
MENTIONED IN THIS ARTICLE
Charlie Moon
Bedford County
J. M. Davis
Clay County
Stonewall
S. J.) Robbins
Davidson County
Peay
Huge Sales Draw Center Art World to United States
New York sees ten to twelve million dollars of art moving to U S buyers as Americans shift from European auctions. Dealers cite tax cuts, Wall Street prosperity, and unsettled Europe as drivers of a robust market with many fine collections offered for sale. American collectors increasingly place objects closer to top buyers, boosting New York as an art hub.
MENTIONED IN THIS ARTICLE
New York
United States
America
Europe
Wall Street
Art Row
London
Paris
Polar bears stay huddled as cold snaps bite Lincoln Park
Chicago on December 26 saw two acclimated polar bears refuse to emerge as temperatures hovered near zero. A photographer aiming for a breath of homeland photos found the animals crouched in their den, with food and any urging failing to coax them out.
MENTIONED IN THIS ARTICLE
Chicago
Lincoln Park
Also Mentioned on This Page
MEN & Marke
P.fb
South
Motors
Hudson
Mack
Marland, Phillips, General Petroleum
Shell Union
Associated Oil
American Smelting & Refining Company
Utah
Cerro de Pasco Company
The
First National Bank
Kingsport, Tennessee
William Roller
J. Fred Johnson
A. D. Brockman
Tom C. Warrick
Asst
C. C. Hamlett
Zeno Service
W. Washington
R. K. Wood
Hiltons
Center Art World
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