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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
May 06, 1925
Page
5
A compact market roundup shows cotton, grain, and metal movements across major hubs. Turpentine held at Savannah indicator 91 and a St Louis grain mix for May July Sept. New York stocks bonds and currencies firmer while cotton softens. Chicago wheat climbs corn rises cattle steady hogs active. New Orleans cotton futures quoted across multiple months.
London May 6 A Scots river fishing item notes the salmon catch on the River Spey fell to about 300 this year from 2000 in normal seasons. A wealthy angler reportedly paid 1750 for a five week salmon fishing spell amid rising prices and scarce sport.
Secretary Andrew Mellon told Mississippi Bankers Association that lower maximum surtax rates and possible elimination or drastic reduction of the federal estate tax will likely be recommended to the House Ways and Means Committee next fall. He urged balanced rates to fund government without hampering business or encouraging tax avoidance, warned against complex provisions, and stressed tax reform to keep capital in productive use.
Atlanta May 6 High officials of the United States Treasury governors of several Southern states and Southern congressmen have been invited to attend the ninth annual convention of the Country Bankers Association of Georgia to be held in Savannah June 17 18 and 19. The program includes an inheritance tax discussion and a dinner at the Savannah Hotel. The event aims to promote agricultural and industrial expansion within Georgia and to debate tax policy under the dual federal-state system.
Berlin report estimates 7,000,000 organized Socialists worldwide in 1924. England leads with 3,156,000 Labor Party members, followed by Germany at 860,000 and Australia at 566,100. Also notes a man paid 350 weekly for fishing rod access. he fished five weeks and caught one fish costing 1,750 dollars.
Memphis May 6 Senator Joseph T Robinson of Arkansas criticizes Vice President Dawes for claiming obstructive processes paralyze government He says Dawes misses the mark in attributing the dysfunction to political machinery and spoke at a Hardwood Manufacturers Institute convention.
Genoa archives reveal Columbus fleet cost 14 000 lira about 2800 dollars. Recent investigations show the voyage to America was funded for a fraction of earlier estimates. The report notes the total expenditure on the trip was modest for its era.
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