Market gains show rebound in industry and railroads
New York November 27 1921 gains across steel petroleum textile and railroad sectors mark a gradual economic recovery. Steel capacity rose from 25 to 48 percent August to late fall while railroad earnings and bonds show cautious improvement amid rate and wage pressures. Analysts note solid demand amid adjusted postwar levels with further gains possible if costs ease.
MENTIONED IN THIS ARTICLE
William F. Craig
New York
Gollon
Sinc
Groas
Sun-Herald-Corporation
Germany urged to raise 4 billion credit for reforms
Berlin officials and Dr Helphand known as Parvus advocate a comprehensive German loan plan. They propose a 4 billion credit plus a new gold-based currency, with investments totaling 1 billion in modernization, 1 billion for industry rehab, and 2 billion to cover foreign obligations. Security would include railways, telegraph, and stock assets valued near large sums.
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Reichsban
Germany
Berlin
Wnov
Helphand
Parvus
Socialist Party
Drc Helphand
Tost
Myer
Panama Tonnage Gains Signal Strong Canal Traffic
Panama Canal records show ships from four nations moving about 11.6 million tons of cargo in the fiscal year ending June 30, 1981. American vessels carried 6.168 million tons, with Britain, Japan, and Norway also posting major totals and overall canal revenue surpassing prior records. Gov. Morrow attributes the surge to keen competition and the efficiency of the quickest routes, noting tolls and canal revenue impacts alongside related Panama Railroad and steamship line figures.
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Panama Canal
Japan
Norway
J. J. Morrow
Wea Ao
Panama
Denmark
Holland
Spain
Sweden
France
Peru
United States
South America
Far East
America
Europe
Morrow
Pangma Railroad Company
Panama Railroad
New Law Boosts Exports in Special Dispatch
London reports that a new export credit measure is aiding exporters under the recent law. Officials anticipate success, with negotiations for target quotas underway. The overseas department urges small and large firms to utilize the reforms to expand trade and create jobs. Copyright 1071 Public Ledger Co.
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London
Overseas Department
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the Public Ledger Co
U. 8
Surgicala
Berlin
New- York
Year of Obregon Shows Progress
The first year of Gen. Alvaro Obregon as Mexico's president ends in Novem ber with signs of reconstruction and reform. Reorganization of railroads and a new education secretary highlight progress amid revolution strains. Foreign recognition remains elusive as the nation works to stabilize finances and land reform while facing regional clashes and con flicts between radicals and conservatives.
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Associated Press
Mexico City
Moy
Alvaro Obregon
Mexico
Ita
Education
Jose Vanconcelos
Obregon
National’ ‘Agrarian Commission
Vera Cruz
Puebla
Yucatan
Michoacan
War Department
Dor
Nize
Freaident Obregon
Fta
Alion
Rejection of Capital Tax Feature in Paria Week
Special Cable Dispatch from Parie notes last week’s key political move, the chamber’s rejection of a capital tax and any inflationary increase while the government pledges to pay Germany’s dues. France’s financial course nears a rubicon as economy, finance, and commerce hinge on Germany’s payments and strict budgetary discipline. The article hints at future government conflict over methods to handle this hard problem.
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Parie
Germany
France
Financial Turbulence and Russian Bank Actions Across Markets
International finance shows strain as reparations, Germany supervision, and bourse activity await January 15 maturity. French and Russian signals mingle with Allied influence debates while bonds and securities face uncertain guarantees and potential soviet oversight.
World Politics Stir London Markets In Slow Week
London dispatch reports a lethargic stock market with little activity except for Mexican bonds on Monday and a midweek dip after a currency rally. Analysts note political news, Ireland issues, and fear of a fanned recession as factors keeping trade subdued while gilt edged securities attract cautious buyers.
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Dispatch
London
New York
Mont
Ireland
Saturday Review
Hartley Withers
Weahington
Tobacco sales in Salem Virginia market by week
Salem of tobacco here through Thanksgiving week totaled 1 740 015 pounds with 386 861 71 dollars from sales at an average 21 98 per hundred pounds. Prices for desirable grades remain firm. A bill proposing a game law to allow rabbit sales will be introduced in the January legislative session by Washington county representatives.
MENTIONED IN THIS ARTICLE
Washington Post
Danville
Salem
Bacco
Spenal
Hagerstown
Weashington County
Marine Concerts Set for Barracks and YMCA Lobby
The Marine band performs this afternoon at 3 o clock at the Marine Barracks. A concert follows in the lobby of the YMCA tonight.
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Marine Hand
Marine Barracks
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