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Newspaper
Kingsport Times
Location
Kingsport, Tennessee, United States of America
Date
Dec 27, 1925
Page
7
A noisy 1920s style survey notes tax reduction progress, rising dividends, and cautious business sentiment across sectors. It highlights wholesale slumps, slow retail demand, and lingering uncertainty but points to improving general conditions in manufacturing, railroads, and banking, with warnings on over-building and real-estate lending.
Alabama Experiment Station officials say cotton could meet world demand with smart fertilizer use and seed varieties. Professor M Fonchess notes fifteen years of results show small added costs yield large net returns without expanding cotton acreage.
Birmingham reports sustained feverish activity in iron, coke, steel and allied industries to meet large fall and winter orders. Coal production and shipments set district records. annual output near 19.75 million tons with 1924 figures surpassing earlier weeks. New developments include plans by two big steel firms to enter Alabama, while mining labor shifts bring in workers from Illinois and Georgia.
New York reports a record year in 1925 stock activity with totals near 460 million shares traded, led by railroads and industrials. Banks note gold-backed credit fueling gains, while foreign events bolster optimism though Paris exchange weakens. notable gains appear in steel, auto, copper, and utility shares amid broad market strength.
Chicago on December 26 AP reports the wheat market soared before Saturday's session end with brisk buying pushing prices to new seasonal highs. Advances ranged from four to seven and a half cents as strong eastern demand and a bullish government report boosted exports. December wheat closed at 184 1/4 cents with a record gain, while late profit taking trimmed some of the rise. Corn and oats also rose slightly on wheat strength.
Forecast notes generally fair and colder with snow flurries in extreme west Virginia and extreme west North Carolina. Sunday through Monday see continued cold, partly cloudy to fair, with fresh northwest winds and a cold wave in western portions.
Norman, manager of the mining expedition company, announced via cable from Havana that the gold mining development program seeks expenditure over 190 million pounds in the next three years. The message was sent to Pair banks and United States fixing companies.
Wheat prices surged on December 26 as crops in Central and Southern Argentina suffered rain damage while U S mills faced dwindling bread material. Markets closed with a tumultuous finish, December futures up 4 to 7.5 cents, May up about 0.5 to 1 cent, and gains in corn and oats alongside varied provisions.
Kansas City reports on the science war against pests at the AP noted meeting of the American Association for the Advancement of Science. Papers discuss poison-laden airplanes, acids, parasites and their limits, with notes on parasitic measures against the European corn borer and the behavior of bees under pollen deprivation and royal jelly of larvae.
Nashville reports Governor Peay adds clemency to a list of pardons including James Beasley alias Jack Morrison of Shelby County for fraud larceny. Beasley, a World War veteran, has tuberculosis and is housed in prison hospital with federal transfer arranged for treatment. Also notes commutations for Sam Stewart Monroe County and Jim Martin Monroe for second degree murder with parole eligibility. Further mentions Bar Feld Adams of Houston County for murder sentence reductions.
Rates shown: two cents per word for each month of notice paid cash minimum three tenths of a dollar. Adverts priced by length with a three decade series of notices available at low cost.
A misc advertisement list shows Wanted cash for used tires and eight hour vulcanizing service with work guaranteed at a service station. A lost item note mentions a missing item between Kingsport and Reginald selection area. A sale item notes mute tabasco and Loc plug on Daie Street Market.
Classified fragment shows a help wanted female money task and multiple sale items. Items include a portable radio in mahogany case with tubes and a tent with ground cloth, with original costs listed and asking prices. Also mentions a trip to Ke Va and references to Washington and DeForest.
Dec. 25 New York reports a shifting art market as demand grows in the United States. Dealers note rising interest, with Europe’s trade tightened and inventories offered for sale after withheld pieces.
Chicago on December 26 experienced subzero winds as two polar bears refused to show. A photographer watched from a distance at Lincoln Park Zoo as the animals remained in their den despite the bitter freeze, seemingly hungry and uncoaxed by the cold.
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