Kingsport Times Newspaper Archives Oct 29 1952, Page 5

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Kingsport Times (Newspaper) - October 29, 1952, Kingsport, TennesseeKingsport times wednesday oct. 29, 1952 5 reversible Turbine makes Power or pumps water upstream to dam Knoxville Tenn. Verible unit which Cani either pump water upstream or use the downstream flow to make electricity a been ordered for Hiwassee dam in Western North Carolina. During hours when demand for electricity is Low the unit will use Power from elsewhere in the sys tem to pump water from below the dam Back into the Reservoir. Tva net income in fiscal year Knoxville the Tennes see Valley authority has reported i then during Peak demand the a net income of on its unit will be reversed to use the Power operations for the 1952 water Over again in generating fiscal year electricity. J the authority said this was a. The Tennessee Valley of 4.7 percent on its net Ity said the unit has been ordered j Power investment of 555 million from Allis Chalmers Man fac dollars and was realized on Gross Turing co. At a Cost of nearly revenues of 95 millions from million dollars to make the Tva sales of 20 billion kilowatt hours Power capacity More dependable of electricity. The off Peak Power used to the government Agency said pump the water Back into the its other flood Centre fertilizer and Reservoir is moderately Low in Cost whereas the Power Gener munitions development and the ated by the pump Turbine will development of agricultural for come at Peak hours when Power jest and other resources of the is. Worth much Tva said carried out for a the unit can produce Power at new expense of a rate of 58000 kilowatts As a to a estimates its assets at the pump it can lift Gallons the fiscal Vear june of water a minute a height of 205 at an increase of feet millions in a year. It had an when was built Power generating Ca when Wab Tuuu on pack to of 3860000 kilowatts last conventional Generator was in stalled and space was left for n second unit. Tva said although reversible units of this Type Are in opera Tion in other countries none is Ai june 30. The installed capacity More than i kilowatts total funds available to the authority during the fiscal year amounted to of in use in the United j which Congress appropriated approximately 229 present states. One such unit is being installed millions Tva said were at the Flatiron. Plant of the on hew construction. Sex Rado big Thompson project Tva said. net profits higher for third Quarter new York states steel corp. Reported today higher net profits for the third Quarter of 1952, a decline for the nine months and declared the usual 75-cent dividend. Net income for the third Quarter totalled s30.405.472, equal after preferred dividends to 92 cents a share on common Stock. This compared with or 61 certs a share in the second Quarter and 060. Or 83 cents a share in the third Quarter of 1951. Net income for the first Nino months of 1952 amounted to equal to s2.96 a share. Against or a share in the 1951 period. Because of the steel strike second Quarter of 1952 would shown a net loss of s20.800.000 had it not been for a tax credit the company explained its report for that report i i that had to be delayed weeks because records were not available during the strike period. Tva redeemed five millions of its outstanding Bonds during the year and paid an additional 11 millions into the u. S. Treasury s general fund. Harkleroad s King report s oldest largest and most Complete feed store. Nut Rena staf of life feeds Lawn and farm seeds Grain and fertilizers free delivery Corner Market and Commerce streets phone 240o sickly weak nervous feel upset achy when your body lacks multiple vitamins Iron minerals my liver extract Rich it supplies neither organs or tissues can function get it. Thousands use completely guaranteed to joyously satisfy or Money Bank. Is 2 5 Cole drug stores Penney s always fir u a u t y cushions in tired feet sponge rubber Utility Mats red Green Blue reversible you get twice the comfortable thick foot coddling foam rubber buy several use new sink ironing in tie tue Many other uses non skid it s Safe rippled construction prevents skid Ding basement Jav Penney s terrific values limited quantities end of Mon reduced women s better dresses taken from our Stock of better dresses assorted colors broken sizes be Here Early second floor men s Uin Coats 1 50 Vinyl plastic lightweight Small and med. Only Street flour men s pyjamas asst. Close outs o Rayons and Broadcloth o broken sizes Street mar men s leather gloves unlined leather Ideal for driving broken sizes Street floor 1 women s plaid dresses 4 e fact color Cottons e broken sizes second floor women s casual shoes 3 44 e reduced from Stock o broken sizes Street floor women s Wool sweaters 1 98 e 100% All Wool e sizes 34-40 second floor women s flannel gowns 166 e solid colors e fast to washing Street floor men s flannel shirts Sanford Zed shrank colourful plaids Long sleeves sizes so a Street floor women s Rayon panties 25c o White Blue Pink o sizes so a Street floor girls i pc. Sleepers 50c crinkle crepe broken sizes Balcony or. Boys Boxer Logies 1 o elastic Waist o broken sizes Balcony or. Bays Logie sets 1 50 e knit shirts e Boxer twill Logies Balcony boys Wool suits e Wool and Rayon e Brown and Grey e single breasted Model e be Here Early e sizes 10-16 Balcony or. Boys Polo shirts 77 o knit and crepes e sizes 4-6-8 Balcony or. Boys Corduroy jimmies 150 o Green Brown Maroon o sizes 4-5-6 Balcony 27-Inch Outing funnel White Only limited Quantity basement 4-lb. All Wool blankets 10 00 e full size 72x90 e Green wine red Rose Chenille spreads multicolour design solid White background Plain Edgul no fringe double size basement storage Hassocks 10 00 extra Large plastic covered basement 8-pc. Set glasses 2 00 e non Chip rims e 22k Gold design basement Dressy Rayon fabrics 66 g cd. E crepes faille e satins taffeta basement 24-pc. Set glassware 5 8 age. Tumblers 8 sol. Tumblers 8 sherbets basement basement thickly tufted Rich colors Cut pile size 24" x 36" e non skid Back e Rose Blue red White size e Rose Blue red White basement 3 6 33

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