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Newspaper
Kingsport Times
Location
Kingsport, Tennessee, United States of America
Date
Dec 31, 1925
Page
7
Chicago financial and industrial leaders predict 1926 will bring a sustained upturn from postwar low mood. Wholesale and retail dry goods, railroads, farmers, labor and banking executives foresee higher living standards, rising wages and prices, and larger but conservative profits as demand and production expand.
Floods in central Europe spread rapidly with ice jams at bridges in Hungary. The Theiss river rose 28 feet above normal at Tokaj as thousands displaced move to higher ground. Belgium endures worse damage as Sambre and Meuse overflow, rail service disrupted, ports crowded with stormbound ships.
New York reports Frank A Munsey leaves most of his fortune, estimated 25 to 40 million dollars, to the Metropolitan Museum of Art, boosting its status as the world's richest art institution. Executors will cash his Sun and Telegram holdings within five years. He also leaves 250,000 to Bowdoin College and smaller gifts to associates and family.
Secretary Hoover says prosperity should continue through 1926 unless excessive optimism or speculation disrupts the economy. He cites high productivity driven by education, science, and efficient production, plus full employment, high wages, large savings, and abundant capital as key factors. Foreign trade is strong and exports in 1925 are expected around 4.9 billion dollars, about seven percent higher than 1924.
New York December 31 AP arrangements are nearly complete for a 6:30 p m to 11 30 p m Eastern standard time international broadcasting program tomorrow night. It features songs by John McCormack and Lucrezia Bori in America and the chimes of Big Ben in London. The British program will connect across the Atlantic with performances and orchestral pieces.
Paris reports Crown Prince Carol, heir to Romania, is missing from Bucharest after attending Dowager Queen Alexandra's funeral in London. Rumors say Italy and a prominent social figure lure him, possibly amid heart illness and depleted funds. Emissaries sought his return. he headed toward Ravenna then Vienna. Carol has married twice, first to Mile Zyziz Lambri no, then to Princess Helen of Greece.
Mary Jones died in Charleston West Virginia at 122 years old records show she was born in 1903 in Virginia. Dr Isaac Noel superintendent at the state colored folks home noted she and a sister lived with a Virginia family for over a century. A sister died two years earlier at 111. Negroes plan an elaborate funeral in Charleston.
New ton D. Baker for Van Sweringens argued before the Interstate Commerce Commission that profits, if any, were earned fairly. He blamed the rise in railroad securities for gains and said the Van Sweringens profited as stockholders, not improperly. W. A. Colston spoke for Nickel Plate in the closing remarks.
Law officers in Boston Philadelphia New York and Atlantic City prepare for a 1926 midnight bell note with special vigilance for Hip Pocket liquor violators. Atlantic City nights clubs will have a detective and federal agents to enforce the Volstead Act while New York deploys 150 prohibition agents. Police in evening dress will mingle with revelers as agencies study ads and venues for enforcement.
A 16 year old boy in Fort Worth is jailed on auto theft charges. He claims to have committed half the year’s crimes and says this is his twenty fourth arrest. He asked the court to send him to a reformatory for education.
Mrs. Dora Reminoff, recently divorced from a 78 year old village blacksmith, travels from Rutland O to Palm Beach to wed her girlhood sweetheart A Brales, 76, who has dabbling in real estate. The blacksmith saw her off at the station.
Virginia sees generally fair conditions tonight and Friday with a slight warmup on Friday, winds from the northwest and east moderate to fresh. North Carolina forecasts fair nights and Friday with a cooler spell in the south central tonight and a Friday rise in western areas, winds northerly to moderate. Tennessee remains fair tonight and Friday with a bit warmer Friday.
The Lexington Mississippi business district is engulfed by a fierce blaze. Water supplies have failed and Greenwood has been asked to rush aid. Fire crews use buckets and available materials while chemicals are hauled in from Greenwood in hope of halting the spread.
Mississippi led the nation with 16 lynchings in 1925, unchanged from 1924, according to Tuskegee Institute figures. The report details victims’ race, methods, and the 39 instances where law officers prevented lynchings, plus court outcomes and related acts of restraint.
Roanoke Virginia city officials named J H Fantz to succeed City Treasurer Lawrence S Davis but Davis announced he will continue as treasurer. Fantz yesterday gave bond of 190000 dollars and qualified for the post.
In Chicago on December 31, 44 years of marriage ends with a grandmother confessing to plotting with John Walton Winn and others to kill her paralytic husband Albert Nusbaum. The motive centers on Winn's love for her and financial ties, with bodies moved to an attic and later to a prairie. Police report a web of accomplices including Edward Goff and Deliah Martin as accessories.
New York December 31 193? optimistic statement from the conference of anthracite miners and operators aiming to end a four month work suspension. After two days of talks negotiators said a contract can be negotiated at this conference. Neither side would discuss further details.
Secretary Kellogg announced that President Coolidge authorized General Pershing to return to the United States for medical and dental treatment. The exact departure date wasn’t given, but officials expect him to sail around January 15 and remain temporarily away as doctors advised.
Carlisle, Ky. J. E. Sopher, a farmer near here, reports finding a rabbit with both hind feet frozen to a rock during a sub-zero spell. He freed the rabbit, which survived the ordeal.
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