Holiday trade tops records across 1924 season
Holiday trade of record breaking proportions peaked last week with a surge of Christmas buying amid dividends bonuses and prosperity. Early reports indicate sales up 10 to 25 percent from last year as retailers dominated the season while manufacturing eased ahead of year end invoicing. Steel output held at high capacity with auto makers driving demand and a potential first quarter rise. Railroad earnings for November were solid as carriers like Union Pacific and Southern Pacific posted gains and freight traffic surpassed all prior seasonal records, moving over a million cars weekly as bundles of goods continued to flow.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Southern Pacific
Three Sailors Drown As Bay Front Fire Rages
In Miami on December 28 a bay front fire at the Belcher Asphalt Paving dock caused about 25000 in damage to shipping along wharves south of the causeway. Three unidentified sailors, alarmed by the blaze aboard a lighter, jumped into the water and sank, with rescuers later scouring the bay front for their bodies.
MENTIONED IN THIS ARTICLE
Miama
Fla
Belcher Asphalt Paving Company
Castletown
Bay Front
Cold North Wind Sweeps Into Deep South
A harsh cold wave swept the southern states, with zero and sub zero readings in western regions and near border areas. Kentucky reported three deaths as northern winds pushed through Louisville to Asheville, while Florida saw the warmest readings with Jacksonville at 35 and Miami the day’s high at 54.
MENTIONED IN THIS ARTICLE
Atlanta
Dixie
Florida
Sol
Louisville
Bristol
Asheville
N. C
South
Kentucky
Jacksonville
Miami
Peninsula
Virginia Town Is Almost Wiped Out by $750 000 Fire
South Boston Virginia suffered a $750000 blaze that swept two blocks of the business district, destroying 15 stores. The fire began near Ehrlichs dry goods, fanned by a strong wind, and burned from 2 am to 530 am. Nine fire streams, Danville aid, and temporary bank quarters marked the recovery efforts.
MENTIONED IN THIS ARTICLE
Virginia
South
Boston
South Boston
Wilborn
First National Bank
Barbour Wildom Hardware Company
Erhlich
Danville
Discoveries Mark Science Year With Java Man Link
New York reports 1925 ends with science milestones. Princeton geologist W B Scott claims Java man is a true human link from 1891. MIT reveals a beef serum protein food and waterproofing material from hides. Harvard notes Mayan calendar mastery by sixth century Central Americans.
MENTIONED IN THIS ARTICLE
New York
Princeton University
W. B. Scott
Java
Massachusetts Institute of Technology
Harvard
Venus
Eugene
Bengenwan River
Killing Frosts Promise South
Washington reports forecast from the weather bureau predicting lows near 20 in extreme Florida with heavy killing frost across central areas and frost reaching Miami. Northern and northwest Florida to warm tomorrow while south warms gradually. coastal North and South Carolina brace for a hard freeze tonight. readings drop to as low as four degrees at some points, with Asheville at zero.
MENTIONED IN THIS ARTICLE
Washington
Florida
Miami
Weather Bureau
North Carolina
South Carolina
Mexico
Brownsville
Texas
Jacksonville
Eia
Pernsacola
Asheville
Fire origin blamed on Nathan Erhlich in Kingsport Star Dept store
Nathan Erhlich, owner of the Kingsport Star Department Store, is identified as the person in whose shop the recent blaze began. The note ties his former Kingsport business history to the current incident and mentions the location of origin.
MENTIONED IN THIS ARTICLE
Nathan Erhlich
Kingsport
Star
Weather outlook from Tennessee to North Carolina
Tennessee will be fair with not quite so cold tonight and Tuesday with rising temperatures. Virginia expects fair conditions tonight and Tuesday with continuing cold tonight and a rising southern temperature, plus fresh northwest winds. North Carolina shows fair tonight and Tuesday with moderate to fresh northwest and north winds.
MENTIONED IN THIS ARTICLE
Tennessee
Virginia
North Carolina
Earthquake Rocks Eastern Mindanao and Nearby Provinces
A strong quake hit Eastern Mindanao Leyte and Samar provinces prompting weather bureau advisories. The shock woke residents but no damage was reported.
MENTIONED IN THIS ARTICLE
Manila
Mindanao
Leyte
Samar
Weather Bureau
Forests largely leveled, tax shift urged by Yale expert
Kansas City AP report notes Professor Fred R. Fairchild of Yale says about three-fifths of the nation’s estimated 800000 forest acres are leveled and tree growth is outpaced fourfold. He urges income or yield based taxation to reduce burdens of annual property taxes and spur long term forest investment.
MENTIONED IN THIS ARTICLE
Kansas City
United States
Fred R. Fairchild
Yale University
American Association For Advancement of Science
Fairchild
Ring of counterfeiters busted in Canada and New York
Federal agents rounded up five alleged members of a counterfeiting ring that produced fake stock certificates and federal reserve notes. The operation, linked to New York and Newark printers, extended into Canada with royal mounted police assistance. The group, led by Frank Wiegand, ranged from $5 to $500 notes and included a stock certificate plate.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Canada
Royal Mounted Police
Secret Service
Treasury Department
Federal Reserve Bank of New York
American Exchange National Bank
Merchants and
Manufacturer’s National Bank of
Newark
N. J
Frank Wiegand
Frank Wiegand, Jr
Wiegand
Anthracite Delegations Plot Meeting To End Coal Fight
New York December 28 representatives of anthracite operators and miners are housed separately to craft plans for a joint meeting tomorrow aimed at resuming output paused since September 1. Observers, led by AFL president William Green, see a possible settlement within ten days. Pinchot supports negotiations, hoping for a fair deal for operators miners and the public without higher coal prices.
MENTIONED IN THIS ARTICLE
New York
William Green
American Federation of Labor
Organized Labor
Pinchot
Harrisburgh
Three Score and Over Meet Death Through Accident
An AP survey of 11 southern states reports 131 deaths and 385 injuries from traffic accidents during the holiday week. Florida led in deaths with 13. Georgia and Virginia each had 12. Tennessee and Mississippi had 3. Georgia recorded 66 injuries, North Carolina 61, and Florida 60. Alabama had 9 injuries.
MENTIONED IN THIS ARTICLE
Atlanta
Dixie
South
Theociated Press
Florida
Virginia
Georgia
Tennessee
Mississippi
North Carolina
Alabama
Kentucky
Cs Caeke
Orth Carolina
South Carolina
Georeia
Accrom
Aisbema
Electric Refrigeration debuts on curb with record trade
Trading on the New York curb market opened today with a block of 33 400 shares of Electric Refrigeration Corporation changing hands at 897 8. The deal marked the largest single curb transaction to date. The firm arose from mergers of Kelvinator Nizer and Grand Rapids Refrigerator, with combined assets over 40 million dollars.
MENTIONED IN THIS ARTICLE
New York
Electric Refrigeration Corporation
Kelvinator
Nizer
Grand Rapids Refrigerator Company
Railroads to ease Florida congestion via interchange plan
The Interstate Commerce Commission issued a service order to reduce Florida traffic jams and embargoes. Following a Washington conference with railroad executives and Florida officials, the order targets Jacksonville gateway and authorizes connecting lines to adopt interchange methods to speed freight car movement.
MENTIONED IN THIS ARTICLE
Washington
Florida
Interstate Commerce Commission
Ate Commerce Commission
American Railway Association
Jacksonville
Florida East Coast
Holiday Interruption Slows Bond Market Activity
New York December 28 The holiday break slowed investment activity last week with fewer new offerings and lower bond trading volumes. Prices drifted lower as Christmas momentum faded, though a firm undercurrent persisted amid expectations of January demand from dividends and bonuses. Small-denomination bonds remained popular for gifts as money demand and year end disbursements tightened liquidity. A notable issue included a $9.96 million Nickel Plate Railroad offering, signaling a shift from usual Christmas restraint toward capital markets activity. Discussions with foreign interests hint at a heavy financing wave in coming months.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Nickel Plate
Butler Withdraws Resignation From the Marine Corps
Brigadier General Butler today withdrew his resignation from the Marine Corps after a conference with Major General Le Jeune. He will return to Philadelphia briefly to settle private affairs, then head to San Diego in late January to take command at the Marine base there. He had earlier submitted his resignation while serving as director of public safety in Philadelphia.
MENTIONED IN THIS ARTICLE
Washington
Butler
Marine Corps
Union
Public Safety
Philadelphia
LeJeune
Also Mentioned on This Page
Rovine
State of
Andrews
Key West
Savannah
Coast Guard
South Atlantic Seaboard
Fllrida
Treasury
Havana
West Coast
Mobie
Tampa
Mobile
Port
Mercu
Ry Low
Yale
Survey of
Gestion
San Diego
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