War Bonds Slump Amid Active Market and High Money Rates
Heavy trading in liberty and victory bonds drives prices down with most issues softer. Fractional gains appear in some rail and traction issues as the market eyes peaking rates and potential peace treaty delays. Interior demand for funds pressures Wall Street while bank reserves shrink and policy shifts loom.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Liberty
Victory
Southern Pacific
St. Louis
San Francisco
Board of Directors
Third Avenue
Mercantile Marine Sinking Fund
Wilson & Co
Wall Street
Reserve Bank
Washington Railway and Electric stock activity on local exchange
Local market notes show Washington Railway and Electric Company preferred stock active with 150 shares traded at around 48 percent. Capital Traction small lot sold at 85 percent with bids at 5 and asks at 0. Washington Gas 20 shares traded at 50 percent. Mer genthaler Linotype remained steady with bids and asks at 135 and 140. Bond listings include T. & T. certs and regional utilities bonds with various bids and asks.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric Company
Washington Gas
Mergenthaler Linotype
Capital Traction
Ashington Railway & Electric Pia
Washington ,Gaz
Washington Railway & Electric
Am & T. Col
Georgetown G. IL
Ase Metropolitan R. R
St Sa
EL Power
Uwe
Wash. Ry
Farmers & Mechanics
Federal
Lincoln
Truss
Washington Trust Companies
Amer. Security Trust
Continental Trust
National Savings & Truat Beoa
Union Trust
Wash. Loan & Trust
Bsayviags
Commerce & Savings
Washington
Liberty Savings
Sec
Seventh Street Savings
Arlington
Corcoran
Biremen's
National Union
Columbia
Grapho
Mfz
Col. Grafg
Chapin Es
P C. Paper Mfg
Fom C. Paper Mfg
Panston Monotype
Merchants Tfr. & Stee
Sec. Storage & Safe
Washington Market
Advance Decisions On Taxes Refused In Bureau Policy
The Bureau of Internal Revenue announced clear limits on advance tax rulings for reorganizations. No rulings will be given before actual cases are presented with full facts and identities. The policy warns taxpayers relying on advance decisions risk being prejudiced if final rulings differ.
MENTIONED IN THIS ARTICLE
Internal Revenue
Bureau of Internal Revenue
Publc
Bureau
Commissioner of Internal Revenue
Robert N. Harper
Protective Committee
Washington Utilities Corporation
George E. Hamilton
Capital Traction Company
Mr. Hamilton
Washington Railway and Bierthal Company
Col. Harper
Mercantile rates and bills in New York markets
New York financial note lists sterling and francs rates for 40 and 60 day bills, commercial and demand figures, cables, marks and guilders exchange, government and railroad bonds, time loans, call money and bank acceptances. Market shows firm 60 and 90 day bids and varied bills.
MENTIONED IN THIS ARTICLE
New York
Mercantile/ paper
Pek Pitt Star Will Coach VMI Eleven
Lexington Virginia August 25 Football prospects at the Virginia Military Institute for the 1919 season look promising with monogram men of 1918 returning including Richard Dickson captain and halfback Sol Cutchina T Smith Macon McCuistion Wilson Dabney Miller Honeker Sauer Stuart Ingram Drewry Marshall and Bunting Also veterans Jimmy Leech Summers Mantor return to the gridiron The schedule lists William and Mary Hampden Sidney St Johns Virginia Gallaudet Davidson and North Carolina ending with the Thanksgiving Day clash vs Virginia Polytechnic Institute The coaching staff includes Sprahan and Bob Peck former Pittsburgh center rated by Walter Camp as among the best centers for his era
MENTIONED IN THIS ARTICLE
Washington Post
Lexington
Virginia Military Institute
West Point
South
Monogram
Terjing
Richard Dickson
Sol. Cutchina
T. Smith
Macon
McCuistion
Wilson
Dabney
Miller
Honeker
Sauer
Stuart
Ingram
Drewry
Marshall
Bunting
L Jimmy Leech
Summers
Mantor
Winston
William and Mary
Hampden-Sidney
St. John‘s
Virginia
Gallaudet
Davidson
North Carolina
Virginia Polytechnic Institute
Sprahan
Ohio Wesleyan University
Roanoke College
Bob Peck
Pittsburgh
Walter Camp
Western Women's Golf Medal To Chicagoan
Detroit August 25 Mrs. Melvin Jones a former Chicago city champion posted the low qualifying score in the Women's Western Golf Association tournament at Detroit Golf Club with 88. Chicagoans filled the top spots with Mrs H Arnold Jackson second and 1% of the 32 qualifiers from Chicago.
MENTIONED IN THIS ARTICLE
Detroit
Melvin Jones
Chicago
Western Golf Association
Mra
H. Jepold Jackson
Chivaze
Netrait
Miss Dorothy
Mra. &. Gant
Memphis
Hi. Poreman
Chireen
Mira W, CO
Lifts, Jr
Wrances Hadfield
Milwaukee
Mya
KC. Duitield
Noon
T. Trown
HL BR. Havsin
Chien
Mes
He M. Cheney
Loleda
N. Landaure
Colburn
Th Bigher
Chirag
W. C. Deemerenhagel
Pritchard
Tuttle Creek
E. Ranning
Cincinnati
B. W. Emin
H. M. Deavitt
Tt. Paul Towner
Memphie
I. DP. Jones
Horses Shipped From Saratoga for Maryland and Belmont
Horses trained by William Garth owned by Capt. Ral Parr will be sent to Maryland late this week with some to Belmont Park. Birates and Ralco eyed for the Breeder's Futurity in Kentucky. Be Frank to Havre de Grace next Thursday and may run if conditions allow. Garth to ship 23 yearlings from Charlottesville to Benning September 1 for trials. Petworth Athletic Club rising as top junior team in District play. Rain in Forest Hills and Readville delays in tennis and horse circuits.
MENTIONED IN THIS ARTICLE
Saratoga Springs
N. VI
William Garth
Ral Parr
Maryland
Belmont Park
Birates
Kentucky
Ralco
Havre Ale Grace
Be Frank
Jennings
Havre de Grace
G. W. Forman
Fred Afusante
R. I. Miller
Kingstown Pier
Hass J
Hilde
Enat
Sweep
Hazel Burke
Kimball Patterson
Charlottesville
Benning
Alboi
Petworth Athletic Club
Morris Wasserman
Edward Duvall
John Mooney
Joe Langford
Petworth
Baltimore
Edward Duval
Baltimore Markets Butter Eggs and Poultry Prices
Baltimore markets report Butter prices for creamery fancy and prints with ranges from 46 to 60 cents per pound. Eggs quoted as Maryland and Pennsylvania firsts around 49 cents a dozen. Poultry values list various classifications from large white leghorns to ducks and pigeons with per unit pricing.
MENTIONED IN THIS ARTICLE
Philadelphia
Western Creamery
Cetes
Newee
Wisconsin
Kansas
Baltimore
Maryland
Pennsylvania
Ohio
West Virginia
Virginia
London Markets Show Mixed Activity in August Trade
London financial reports indicate uneven business with overall market activity uncertain. National war bonds and French loans hold life, oil and rubber shares vary, foreign bonds mostly flat. some Argentine Brazilian Chilean issues weaken, Japanese and French loans show support and central Argentine stock drifts lower. Money market sees vigorous credit turnover with short loans in demand and 3 percent usual. Foreign exchange edges down with francs and dollars fluctuating and European rates edging higher.
MENTIONED IN THIS ARTICLE
London Times
Washington Post
The
Public Ledger Co
London
Brussels
Amsterdam
Norway
Sweden
Wreck Cause to be Probed. Public to Learn Inconvenience Impact
Director Hines says the Elwood N J wreck will undergo full inquiry by the railroad administration safety section and the Interstate Commerce Commission with the New Jersey utilities commission. Prosecution shows the rear end collision killed Odie Wathen and injured 22 as passengers faced darkness and fog.
MENTIONED IN THIS ARTICLE
Hines
Elwood
N. J
F Railroad Administration
Atlantic City
Walker D. Hines
Railroads
Railroad Administration
Safety Section
Interstate Commerce Commission
Alan
Public Utities Commission
State of New Jersey
New Jersey
E. C. Gaskill, Jr
Atlantic County
Gaskill
Joseph G. Ward
Washington Loan and Frust Company
Philadelphia
Wei
Mr. Ward
Townsend
Plan Sinclair merger forms Sinclair Consolidated Oil Co
Plans for a nationwide merger consolidate Sinclair Oil properties under New York law forming the Sinclair Consolidated Oil Corporation. Shareholders of Sinclair Oil and sister firms will vote at September meetings, with one new share issued for each old share and a total authorized 5,509,000 shares.
MENTIONED IN THIS ARTICLE
New York
Sinclair Oil
United States
Stockholters
Sinclair Oil and Refining Corporation
Sinclair Guift Corporation
Sinclair Consolidated Oil Corporation
New York State
Sinclair Gulf
PSO Ai Rie Eet
Also Mentioned on This Page
Business America
the Rookery
Liberty Investment Co
F Street
N. W
Gover
Nment Supervision
Bank of the Society For Savings and Loans
Thirteenth St. N. W
Leach & Goomnblower & Weeks
Cates
Moorhead & Elmore
New York Stock Exchange
Washington Stock Exchange
15Th St
Ph. M
Cities Service Company
Bose
Mesars
Henry TL
Peherty & Company
Dume
Aidy
Henry. Doherty & Company
Will Street
Corporation
Federal Reserve Bank
Chicago Grain
Commission House
Casagram
Berth i. F
Riba
Local Stock Exchange
Baltimore Securities
I Aberts
New Orleans
Galvester
Mobile
Savanna
Charleston
Les Wilmington
Texas City
Norfolk
Philagelphia
Enaa
Houston
Augusta
St. Loui
Atlanta
Little Bi
Stra Daltan
Monroe
Seine
Augurta
Little Rock
Dallas
Liverpool
Power - AgKod
United Rys
Alto
City
Rys
UN. Rys. & EL Inc. da
Harper
By Y. E. Booker, Jr
William J. Flather
Riggs National Bank
Foland Springs
J. Jacobson
National Metropolitan Bank
Northern
Guaranty Trust Company of
Pek
PITT
Saratoga
Petworth Juniors
Forest Hills
EEDS
L. T. Smith
Grays
Portamouth
Boston
Readville
London Financial Markets
Southern Association
Birmingham
OTIS
H. E
Nashville
Railroad
Biges
Ralph Townsend
Camden
George Seitz
Maryland Avenue
Odie B Wathen
G Street
Souder
Wathen
Wre
Emma Penn
E Street
H St. N. W
Shoreham Hotel
Plan Sinclaitr. Om Merger
al Properties
Oakland
Woung Cai
Tontiat
Michigan
Connecticut Avenue
Harry W. Burr Washington
District Oakland Company
St. N. W
Washington, D. C
Mr. Merchant
Potomac Electric Power Co
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