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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 27, 1919
Page
13
New York bonds weakened with the general market while Liberty issues stayed active. Reports suggest possible foreign financing as the Tokon plan spurs speculation, with 4% Treasuries and liberty issues showing varied moves amid unsettled conditions.
Federal reserve bank reserves fell by about 27.6 million dollars for the week ended July 15 as war paper loans rose by 36 million. The New York statement notes a reserve excess of 29.6 million with total deposits and liabilities and various bank cash positions detailed.
The plan seeks to spur activity in the nation’s business sectors by stimulating investor confidence and encouraging spending, with officials signaling broad impact on markets and economic momentum.
OCR listing of Baltimore markets shows dairy prints eggs meats and poultry prices across Maryland Virginia and Pennsylvania. It includes no clear events or people and resembles a fragmented price sheet with scattered numbers and product names such as eggs milk creamery poultry oats wheat corn and related firsts.
More than 29 000 Swift & Co employees gained part ownership through a profit sharing plan. Subscriptions opened last May allowed purchases at par 190 dollars with tiered shares by weekly earnings, to be paid 14 dollars weekly. Over 2 500 new shareholders are women.
Article notes severe shortage of mortgage funds for large Washington building projects including hotels and apartments. It cites out of town capital, life insurance and trust companies hampered by Liberty bonds and Pennsylvania law, and signals a District bankers call to invite the American Bankers Association to hold its 1920 convention in Washington. It also mentions a new Treasury Series A 1920 certificate issue and ongoing government borrowing as war finance wanes.
A Welcome Home Club meeting is set for tomorrow night at the fire department headquarters to discuss arrangements for the August 25 welcoming home ceremonies for Capitol Heights war heroes. The gathering focuses on event planning and community honors.
Henry A. Strong president of the Eastman Kodak Company died in Rochester at age 86. Born in Rochester in 1888 he served as a naval paymaster during the Civil War and later led Eastman Dry Plate and File Company before becoming Kodak president, a role he held until his death.
Chicago July 26 United Press reports orders for the release of W D Big Bill Haywood from Fort Leavenworth were issued by the circuit court of appeals clerk after bond approval. Haywood obtained release pending a new trial, bonds totaling 62400 in property and liberty secured the 315000 bond. William Brosa Lloyd, Chicago socialist, supplied 27500 toward the bond.
A mass meeting of the Associated Labor Union in Tokyo ended violently when socialist Sakae Osugi attempted to speak. Police halted the disruption and four socialists were arrested and later released. The spread of labor unrest prompted calls for government action to align wages with other nations.
Cambridge mass July 26 figures released with Harvard endowment campaign plans show many assistant instructors and some instructors earn less than streetcar wages. A $19 000 000 endowment fund aims to raise two thirds for arts and sciences faculty while some roles pay under 500 dollars yearly. Harvard graduates nationwide will attend a three day session next week to finalize campaign plans.
Henry Koebler aged 1 was in serious condition after a dynamite explosion at Hill Crest Hospital. Officials believe a theft at his barn prompted him to rig dynamite over the door, a trap he opened himself without precautions.
New York July 26 A movement to establish a chain of radio stations across the continent to aid in distress has been started by the American flying club. Officers said the government has begun a series of stations with its aerial mail service and the club will cooperate.
Weather and trading conditions dominated the New York cotton market with an opening drop and later recoveries tied to forecasts for more showers in the Eastern belt. Cattle and sheep receipts and price shifts are noted across beef, veal, and lamb categories, along with brief wholesale market remarks. Also reported is the arrival of General Nivelle in Marseilles, marking his first French visit since 1917.
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