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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jul 07, 1925
Page
4
Washington D C July 7 President Palmer of the Emergency Fleet Corporation announced an active campaign to sell government vessels and Shipping Board lines. He said terms will be liberal as may be consistent with the government's interest and directed managing operators to cooperate.
Chicago grain and produce report notes wheat prices with July and September futures. corn markets also mentioned. Savannah notices turpentine firm at 90 cents per gallon as of July 7.
Wheat and corn prices listed for July and September with minor changes. New York markets report stocks strong bonds steady and commodity calls mixed with cotton higher. New Orleans cotton futures show adjustments across July, October, December and January contracts.
The Fleet Corporation plans to consider purchase proposals from any responsible source and will weigh shipping qualifications in negotiations. Mrs Palmer said the board would receive scrapping bids for 200 ships at today’s meeting, though four of seven members were absent and final action was not expected.
Lawrence Bowman and Dr. W. D. Mason told reporters at a Chattanooga hospital they were abducted by a gang of masked men on June 23 and tortured for ten days. Bowman said the attack aimed to silence him after reporting illicit liquor activities to federal agents and promised warrants against the abductors.
Suffolk county grand jury opened hearings in Boston to determine the cause of the Pickwick Club collapse last Saturday. Forty three dead, forty one identified, eighteen injured with five released from hospital. two bodies remain unidentified. Witnesses included club president Tim Barry and orchestra member William Glennon, as officials review debris and inspect the structure. Gov Fuller orders state investigation while city probes continue.
Swampscott Massachusetts July 7 The Coolidges marked one year since the death of their younger son Calvin staying in privacy at the summer White House Mrs Coolidge planned a Plymouth Vermont burial trip but illness of the President's father altered plans a Vermont visit may occur before late summer barring further illness.
Lawmakers debate a statewide highway plan with a proposed bond issue to fund primary and secondary roads. Audits by C R Dawson and Sam J Slate cited irregularities in the highway department and called for prompt correction. The session opened with committee appointments and a flood of new bills, including measures for highway funding, burglary penalties, credit unions, a Florida-Georgia fence, and education funding.
Federal Judge T Blake Kennedy denied a motion to reopen the Teapot Dome lease annulment suit. The Mammoth Oil case was dismissed as of June 19. The government has 45 days to file an appeal to the Eighth Circuit while Teapot Dome receivership continues.
The balance of trade measures export minus import values. The United States has a trade balance in its favor as it exports more than it imports. Historically this difference was gauged by precious metal movements in settling accounts. Many factors affect trade analyses and central tendencies can be shown.
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