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This newspaper page contains 23 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Aug 23, 1914
Page
7
A Philadelphia representative argues for a tax on exports to curb rising prices globally. He states other nations are hoarding supplies and that the United States should act to reduce costs at home and abroad.
The Senate approved a measure by Smoot authorizing the treasury secretary to buy up to 15 million ounces of silver at the average price from January 15 to June 16 to ease distress in the silver industry. Senators cited market support and a need for subsidiary coins, while opponents argued it was discriminatory.
Canadian meat supplies remain tight as stock levels stay low and imports fall short of demand. Industry officials warn of limited availability across stores, with rising prices expected into the coming weeks.
London papers report the public shows steady calm over naval losses and German actions. Anger or fear is subdued as demonstrations are peaceful, with praise for the navy and Lincoln cited as national resolve. Authorities note a few German arrests and patrols keep order amid scarce live stock and price concerns.
New York August 22 European conflict pushes American industry to offset shortages by building domestic production of German-sourced materials and synthetic drugs. Factories consult chemists. patent laws may be eased to permit U S manufacture. Long war risks delayed scale up. fear of postwar glut if conflict ends abruptly. Demand grows for dyestuffs and chemicals needed for far eastern and South American trade.
Special cable reports Germany’s exports for the year before the war reached 62.5 billion dollars, with England racing to capture German and Austrian markets. Britain plans a broad campaign to seize central European trade and expand into German toys and cutlery, aiming to offset losses in Europe by new world markets including the United States and China. The drive centers on German monopoly industries and the reversal of trade roles as war disrupts traditional markets.
Local banking and brokerage houses report no disclosed stock or bond transactions since the exchange closure three weeks ago. Banks and brokers await reopening, urging calm while executives push for policy changes to aid railroad securities and broader finance, noting limited local exposure and a need to restore market confidence.
The week’s major real estate transactions include the Fritz Reuter Hotel property at Pennsylvania Avenue and John Marshall Place NW sold at auction for 550000 to John Shugrue and Charles H Dismer as trustees. Franklin Vonlan bought 504 Eleventh Street NW next to the Perpetual Building Association for about 325000. Stone and Fairfax took over Killian property at 25 Pennsylvania Avenue NW, linking to 129 D Street NW. James N. Huston sold apartments at 214-217 Tenth Street NW to Isaac M. Radford for a nominal price. Gunton Building at 472-478 Louisiana Avenue NW transferred to its owner as trustee, with unnamed interests. Charles F. Butler bought premises at 16% and 160 Nineteenth Street NW from Reginald Wheell and Guy Bricken. price not stated.
Bids invited by C H Smith Company for owners to remodel two three story brick buildings at 16 and 17 Fifteenth Street NW with a one story rear addition. Plans by C L Harding call for full facade replacement in tapestry brick and Indiana limestone trim, ornamental iron cornices, slag roof. Cost estimated around 76,000 dollars.
A St Louis Business News League committee perfected a plan to protect the South cotton surplus. Merchants would store cotton in their warehouses and send receipts to St Louis wholesalers who borrow against them at local banks. Banks would lend around three dollars per bale, with St. Louis storage handling much of the collateral. The plan seeks quick opening of the St Louis Federal Reserve Bank to facilitate financing and storage capacity. A half million bales could be stored in St Louis, with warehouses to be assessed for space.
In a Tulsa Friday shooting spate tied to domestic troubles, Alva Golesby, 19, killed Mrs. Uo G Meyers and wounded his wife, then fatally shot himself. At Bartlesville, Charles Fosil killed his wife in a dining room and then shot himself as emergency forces arrived. The woman wounded in Tulsa is not expected to survive.
The New York bank statement reports mixed figures across accounts with losses and gains. It lists average condition rates, specie balances, net earnings and decreases, and notes reserves and cash positions in vaults and trust companies within Greater New York.
New York money market report shows mercasure pane 687 per ent Starling exchange nominal for each with demand and balance figures. Weekly totals list balances 37754002 dor the week 4085195 off talamces for the week 300 249 603.
A mangled OCR list shows regional prices for wheat, poultry, butter, and dairy products across Maryland Pennsylvania New Jersey and adjacent states. Entries include per pound and per barrel quotes with numerous typos and unclear items.
New York reports broader steel trade with British ferromanganese makers agreeing to ship to America at a $10 per ton premium over contract prices to cover war charges. Demand for billets rises with sales to Canada and inquiries from England, Japan, and South America. Domestic buyers see rates easing on sheets, tin plate, bars, and wire products though railroad equipment orders stay limited.
Interior institutions release funds for commercial paper amid improving monetary conditions. War risks insurance and foreign exchange actions ease trade frictions. Cotton planters expect aid from upcoming conference. banks report larger cash gains and reduced deficits, with scarce demand for emergency currency and money markets remaining narrow.
A garbled OCR item shows a local produce market with mixed currency and item names. Pricing notes cover poultry cheese Virginia fruit vegetables and citrus with scattered figures like 28920 606 26808 line items. reads like a bustling market card.
The report lists varied commodity activity across New York and New Orleans including cotton, butter, cheese, flour, cornmeal, lard, beef, pork, and poultry with receipts steadier in several items. Grain and livestock markets show mixed demand with some firm or higher bids, while others remain weak or unchanged.
Reports from New Fork and Washington describe cautious trading in live stock while awaited delegations from Liverpool and London. Weather and interior Texas conditions pressured prices as hogs and cattle moved slowly amid mixed private advice and external market tensions.
Dated entries show a probate petition for the estate of Caroline Post, with attorneys Breckons and Merliati owed, alongside a flood of real estate and court notices. The document lists numerous square lots, property transfers, and names including Katharine Arenibald, George H. Smimeriihs, Douglass Macha, and others, reflecting a dense district legal ledger of actions and claims in the building association and property records.
Fragmented OCR reads as a market snippet from New York with stray words on commodities. mentions corn futures, prices, and assorted items. Names and clear events are unreadable. overall the fragment suggests a commodity trading brief with no coherent action or figures.
Philadelphia markets report uneven prices on butter eggs and wheat with export activity noted. The entry references August 22 and mentions commodities like butter eggs and wheat amid unsettled trade conditions.
Real estate transfer list details numerous parcels and parties across Northwest and Northeast streets. Notable entries include Frank L Herbert, Jaynchharg Inventment Corporation, Clarence Speck, Alberto L Godoy, and Emanuel Wo Berbles et al Trustees to Wun my Trust Company with various lot numbers and parcels described in square perimeters.
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