Sliding Discount Rates Growing Hints From Richmond
The lettered hint suggests the Federal reserve may adopt a sliding discount rate plan to curb excessive borrowing by member banks. Kansas City and Atlanta banks have begun applying the concept, with Washington banks awaiting action. The idea ties basic credit to reserve holdings and federal reserve subscriptions, affecting loan costs beyond the basic line and prompting liquidity moves amid the money market in New York. The article discusses banks’ reactions and the potential nationwide adoption.
MENTIONED IN THIS ARTICLE
Kansas City
Fed ~ Fanks
Atlanta
Wfederal Reserve Bank
Reserve Bank
Kansas
Richmond Reserve
Washington
Richmond Laline
Toney
Veem
New York
New Roy
Amy Tice
New York Grain and Washington Rail Stocks Report
Market briefing shows activity in Washington Railway and Electric preferred stock at 41% bid with trades around 41% and 42% offers. Capital Traction and Washington Gas entries trade at various 10 share lots while bonds stay quiet. Mixed commodity notes follow including corn, oats, cheese, poultry, flour, hay, and dairy price signals across New York and national markets with regional rail and utility listings.
MENTIONED IN THIS ARTICLE
Local Stock Exchange
Washington Railway and Electric
Capital Traction
Washington Gas
Capital Traction 3
Bonda
Ches. & Vat
Sse Capital Traction R. R
Georget'n Gas
Metropolitan R. R. Bs
Elec. Light
SOO
Potomac Elec
Elec
el. Power G. M
Mattees Say
D.C
Riggs Reality
Riggs Realty
American Tel
Melee Capital Traction
Washington
Gaga Wash
Wash
Columbia Commerce District Farmers Federal Liberty
National Metropolitan
Am. Security & Trust
Continental Trust
Nat. Savings & Trust
Wash. Loan & Trust
Savings Banks, Commerce & Savings
National Union
Surange
Columbia
Grapho. Mfg
Paper Mfg. Co
Paper Mfg
Go. Fe Hants
Stee
Genthaier Linotype
Lanston Monotype
Sec
Stee & Safe
Philadelphia
York
Western
Estel Firgta
Famey
Long Island
Florida
Bank Y Spring
City Mills
Innge
Tierres
Soting
Chicago
Baltimore Markets Update From The Baltimore Creamer Listings
Market notes show prices for produce and eggs across Maryland and neighboring states. Butter, poultry, and grains are listed with varied prices, including dairy fats and live fowls, while corn and wheat futures appear with quality notes and bulk pricing.
Industrial zones debated by Board of Trade group
Washington Board of Trade committee on Industrial interests considers tentative zoning under Calder law. Members press for extended industrial zones beyond rail lines and expansion of small manufacturers in first and second commercial zones. Also discusses Referendum 31 on employer employee relations and Referendum 32 on public utilities. Advisory committees set meetings at Thomson School and Elizabeth W. Brown School with notices to property holders.
MENTIONED IN THIS ARTICLE
Board of Trade
Cvenmittee
Washington Board of Trade
Zoning Commission
Interexi
United States Chamber of Commerce
Isaac Gans
Charles W. Carr
Jon Public Utilities
Thomson School
A. J. Driscoll
Elizabeth WV. Brown School
Fred S. Lincoln
Western Avenue
Rock Creek
Massachusetts Avenue
Fred 8. Lincoln
W. B. Westlake
Conrad Syme
B. F. Calladay
A. K. Shoemaker
Fulton R. Gordon
Farry Wardman
Dr. Thomas
Live Stock Markets Report From Chicago And East Coast
CATTLE receipts 17 000 and hog receipts 42 000 with varied prices across grades. New York and Baltimore show mixed cattle calves sheep and hogs with steady or higher trends in most categories.
MENTIONED IN THIS ARTICLE
Chicago
United States Bureau of Markets
New York
Baltimore
Wight
Calotab Health Tonic Promises Easy Weighty Remedy
An old newspaper advertisement touts Calotabs as a safe, tasteless bedtime pill to relieve biliousness and lazy moods. It claims no salts or unpleasant aftertaste and promises a clear liver and robust appetite next morning. The ad sells sealed packages for thirty five cents with a refund if not delighted.
MENTIONED IN THIS ARTICLE
Cress
Cotton and metals steady amid crop uncertainty and market shifts
New York and London markets show mixed activity as traders cite crop progress doubt impacting cotton, with October and July futures moving within narrow ranges. Copper and tin hold steady while zinc and lead respond to regional price signals and futures figures. A weekly calf and pig market snapshot also notes lower overall supply and variable receipts.
MENTIONED IN THIS ARTICLE
New York
Northern
Southern
Spot
London
Matewan murder trial continued in West Virginia
In Williamson on July 12 the State's case against 23 Matewan murder defendants was moved to September 6 after defense counsel agreement. Each defendant posted 10 000 bonds. Six Baldwin-Felts detectives facing separate charges did not attend, with bonds to be arranged later as authorities prepare for the next hearing. over 400 spectators observed the July term opening.
MENTIONED IN THIS ARTICLE
Sid Hatfield
Matewan
Clarence Overstreet
W. B. Goleman
William Bowman
D. Mounts
N. H. Atwood
Ld Chambers
James Overstreet
Fred Burgraf
Reece Chambers
BR. Page
VY. Clay, & Webb
Albert Burgraf
Hallie Chambers
A. Williams
J. Boyd
I. Urewer
Charlie Kiser
BR. Mounts
I. Toler
Calvin McCoy
Baldwin
R. C. Buchanan
G. W. Andersen
J. R. Anderson
J. McDowell
Oscar Bennett
G. D. Hildebrand
Two Held in Train Robbery near Jacksonville
John Holder age 25 express messenger and I R Dukes age 20 a former messenger were jailed in Jacksonville charged with robbing the Atlantic Coast Line train No 39 near the city last Friday. Special agents say they confessed and most of the $7 000 taken was recovered. Dukes boarded at Grand Crossing while Holder posed to be attacked to stage a frame up.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
John Holder
I.R. Dukes
Atlantic Coast Line
Express Company
Iduval County
Dukes
Grand Crossing
Holder
Newberry
Baldwin
Beardiny House
Militia Begins Seventeen Day Virginia National Guard Camp
Special to The Washington Post Petersburg from Camp Lee announces the annual encampment of the Virginia National Guard. Companies from Petersburg Roanoke Lynchburg Charlottesville Suffolk Blackstone and Richmond converge under Col W H Gill for seventeen days of military instruction. Maj Wilbur Arlece of Richmond leads the medical corps with about 600 men and 600 officers expected.
MENTIONED IN THIS ARTICLE
Washington Pos Petersburg
Virginia National Guards
Camp Lee
Petersburg
Roanoke
Lynchburg
Charlottesville
Suffolk
Blackstone
Richmond
W. H. Gill
Wilbur Arlece
Band Concerts Today at Dupont Circle and Soldiers' Home
Marine Band under Walter F. Smith at 7:30 p.m. performs March Stop it Overture Les Dragons du Villars Mlle Modiste and The Star Spangled Banner. United States Soldiers Home Band under John S. M. Zimmermann at 6:30 p.m. presents Grandage Bells Overture Ave Maria The Plumed Knight The Star-Spangled Banner.
MENTIONED IN THIS ARTICLE
Dupont Circle
Marine Band
Walter F. Smith
Kaufman
Herbert
Ture
Will Emilliam
de Luca
Ows Tep
Bannet
Ugttad States
John
Zimmermann
Randiage
Patrol Skindlay
Waits
Vaudeville and film bill shines at B. Keith and Strand
The week’s program at B Keiths features Janet Adair and Jack Norworth in a lively mix of song recitals and a pastoral revue, with Maud Muller and six musicians. Strand debuts after redecorating with Billie Richmond headlining Cabaret de Luxe and a variety of acts, while Crauford Kent stars in Other Men's Shoes. Cosmos Theater offers Sit Putting It Over and a strong soldier boys revue, plus Charles Rays Paris Green. Charlottesville notes the death of J Frost Walker of Columbia, S C.
MENTIONED IN THIS ARTICLE
Keith
Janet Adair
Jack Norworth
Mr. Norworth
Miss Adair
Winter Garden
Norworth-Adair
Maud Muller
Fifteenth Street
Miss Muller
Jean Adair
Edwin Burke
Ella
Jennier Brothers
Vokes
Don
Burt Gordon
Gene Ford
Mr. Gordon
Washington
Strand
Ninth Street
Billie Richmond
Maurice Lamar
Maria Parker
Jazz Four
Fox
Mayo
Jay Gould
Yeoman
George FP. Randall
Mildred Robinson
May Waldron
Mabel
Johnny Dove
Darktown
Herron
Preston
Cosmos Theater
Brilliant Soldier Boys
Flm
Larry Lemon
Yeateryea
Vic Plant
Monk Dunn
May Fletcher
Randolph
Cunningham
Willie Solar
Lew Fields
Soldier
Soldier Boys
Charles Ray
Prisoner Escapes Train in Underwear
George King, a prisoner bound for the Federal penitentiary at Atlanta, fled a Southern Railway passenger train in Concord NC wearing only his underclothes. He had been in a drawing room with another man and was last seen running toward a creek. King reportedly had prior conviction for automobile theft.
MENTIONED IN THIS ARTICLE
Concord
George King
New York
Federal
Atlanta
Also Mentioned on This Page
E. Rogker, JR
Barrowers
Washington Bank Yates Ty
Peotts
Hipimts
Stow
Lowen Air Ee
NEW York Grain
State
Penna
Middle West
Rio
Santos
Maryland
Pennsylvania
Ohio
West Virginia
MS Land
Virginia
Ugs
Marylad
Musecovy
Parlicky
Arlicky
Breceh
Victory Rae
Pram
Berlin
Greater
Bremen
Chemnitz
Idoblenzg
Cologne
jDanzin
Darmstadt
Dresden
Scusseldorf
Ds Essen
Frankfurt
Chicago Grain
Baltimore Securities
Houston
United Rys
Grew Co
Balto
City
Hear
Wat
Give Bond
Atlantic
Lee
Vaudeville
Arthur J. Maxwell
Paul Hal
Georgia Hall
J. Frost Walker
Walker Wen
South Carolina
Univiversity of Virginia
Nannie Flannagan
C. Flannagan
George E. Walker
R. DB. Heinrich
Gertrude Walker
Concord, N. C
Derrydale Choice Creamery
TROCO
Milbrook
Kellogg’s
N. Y
Texas
Bermuda
Rolfe E. Bolling
R. Golden Donaldson
James H. Baden
Cashier
James A. Cahill
the Commercial National Bank