Banks Oversubscribed in District Move to DC HQ
The Fifth Federal Reserve district failed to meet its $165.9 million Victory Liberty loan quota by 8.22 million, with DC and Maryland oversubscribing by over 3 million. The report notes Washington area banks showed strong demand while other states fell short. Bankers oppose moving national headquarters from New York to Washington, urging deferral until executive council input. Mergenthaler Linotype declares 21 percent quarterly dividend payable March 31, and AT&T declares 2 percent dividend payable April 15. Julius Peyser, president of Security Savings Bank, vacationing in Atlantic City.
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Federal Reserve District
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District of Columbia
Federal Reserve Bank of
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New York
Washington
Tollowe
Executive Councl
Corneis
Mergenthaler Linotype Company
American Telephone and Telegraph Company
Julius Peyser
Security Savings and Commercial Bank
Atlantic City
Amer Sec & T
Anacostia Bank
Columbia
Jane
National
BR Wash
Equity Savings and Bachange Bank
Farmers & Medh
Federal National Oon
Franklin
Hon Liberty Savings
Trancola National
McLachlen
Merchants’ Bank
Trust
Munney of
Wash
Can
Sav & Com
Oey Union Truat Co
D. C
Americans Killed and Wounded In Fighting on the French Front
A long casualty list notes soldiers wounded or killed on the French front. Names include Percy C. Black and J. F. McIndoe with ranks and home towns, along with numerous privates, sergeants, and corporals from across the United States, plus a nurse and a brigadier general among the deceased or wounded. The report enumerates deaths from wounds disease and accidents and separates severities of injury.
MENTIONED IN THIS ARTICLE
Slocum
Harold L
Brooklyn
White
Harry Allen
Delton
Cole
McIndoe
J. F
Fort Leavenworth
Kans
Hughes
Reginald W
Indianapolis
Daniel
George E
New Orleans
Leonard
Frank S. Indianapolis
Moore
Roxie P
Mason, New
British bonds for V8 exchange to support rate and funds
The British government offers 8 V 8 5 percent bonds to noteholders as an exchange for notes, aiming to adjust the exchange rate and raise money. A British financier says the move places high yielding securities in America, acknowledging the borrowing is expensive but necessary.
MENTIONED IN THIS ARTICLE
Merchi
America
New York Money Market And Foreign Exchange Snapshot
New York money market figures show commercial paper at 4.72 percent with bills totaling 4,846 for daily operations. Life insurance demand and cable quotes appear, alongside bank acceptances at 4.45. London reports J Pierpont Morgan’s arrival to influence American markets, with short-term notes and metals prices cited amid trading activity.
MENTIONED IN THIS ARTICLE
Wuerean de
Copper market report and regional pricing note
A terse market note records copper prices with mentions of the term 16 17 and a Jere street producer offering under 17. The report notes nominal closing levels and indicates ongoing price activity in the copper sector.
MENTIONED IN THIS ARTICLE
Jere Eet
Snowden Case Appealed To U S Supreme Court
Special to Washington Post from Pihapote Maryland February 19. The Supreme Court of the United States is to be invoked to save the life of John Snowden an Annapolis Negro convicted of murdering Mrs Little May Brandon and sentenced to die on the scaffold at Annapolis on the last day of the month. George L Pendleton a colored attorney filed the appeal.
MENTIONED IN THIS ARTICLE
Washington Post
Pihapote
Supreme Court of the United States
John Snowden
Littie May Brandon
George L Pendleton
Packard Trucks Aided War Effort And Savings
Department of Service reports Packard Trucks on the fighting fronts totaled 1000 more than last year. Over four and a half million pounds of freight and express moved, with 3,699 Packard vehicles sent under their own power to consigners. The effort boosted rail relief, carried army goods up to 400 miles, and cut gasoline use by 56 percent during the Truck Efficiency Test.
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