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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 07, 1922

Page

5

Office Structure For Embassy Site In Washington

Modern office building planned for 1213.1 street NW replacing former Mexican embassy. Ernest L. Schmidt, head of District Title Insurance and related firms, owns the property. Directors meet March 17 to decide action, with officials favoring new construction over remodeling. Nearby bankers and brokers welcome the move amid Fifteenth street growth including Lansbury and Edmonds buildings and F. H. Smith project.

Morris H. Glazer Ernest L. Schmidt District Title Insurance Company Washington Title Insurance Company Lawyers Title and Guaranty Insurance Company Title Insurance Companies Thirteenth Street E Street Fifteenth and Fiffteenth Street H Street Lansbury I Street Edmonds K Streets Fifteenth Street F. H. Smith George E. Allen American Institute of Banking State Bank American Bankers Association Washington Federal Reserve Act Federal Reserve Allen

Local stock exchange sales regular call report

Washington Gas Ss notes show 1000 at 91 and 51, plus 1600 at 91 and 1000 at 51. Washington Gas 7s quoted 10535 and 105 percent on 1000s. Washington Ry and Wi 4s trade 500 at 89 and 1000 at 69. Potomac Elec deb 6s at 98 for 1000. Washington Gas 20 at 49 percent. Monotynes 10 at 72 and 20 at 4. After oil, Capital Traction 54 with 1000 at 95 and 854 percent, 1000 at 95, 500 at ?.

Local Stock Exchange Washington Gas Washington Ry. & Wi Potomac Capital Traction An. & Pot HR. R Az & P Az & P. Telephons Ant Saa3. & P. Tel EL Power Bilec Mt. V Elec Ikes Realty Lege Realty jAm T&t Steamboat Blec. Com Elec. Co American Columbia Liberty . Co Security & Trust National Save & Trust Es Gion Trust Ventas ‘Ash Loan & Trust Kamumeoree & Savings Ant Washington Aes Marchants Bank Wee Security Sas & Com'l Seventh Street Ween Ee Union Ae Ree United States Wes Washington ‘Mechanics Bes American One Arlington Worcoran sewWiremen Os National Union Mbia Grapho Paper Mfg, Co Lanston Monotype Chants Tir & Stge Ie Fargenthzler Linotype Com & D Mkt Co Ees Sere Salen Uss J.dgales Reh Ae Sar Eris Gon Cvt Sasseles Liberty Erie & Jersey Tick Rubber Co Goodyear T.&r di Aera Goodyear T. & R Granby Mining Victory T. of Canada G.T. of Canada Great Northern Belgium King. of Man Adj. Ine Ili Berne Bordeaux Yerazil U.S. of Indiana Steel Ferbee Ae Canada Ram Sf Sten Inter. Rap. T Eencien Waceefee Bam Teal Mer Marinest Internatt Agri Chile Rep. of Rep Bio Iowa Kansas City Chriatiania Kans Sao Paz K. C Sis Kelly-Springfield Tire Ss Cuba Lackawanna Steel Danish UN Byjlgs Se Ag Lede Gas Aot Keene Indies Lake S Lake S. & M Ie Taal Lehigh V. Cone Italy Kingdom of Cehigh Valley Liggett & Ayers Satisis Tote Igi Louis Lyons City Benes Nash Marseilles Lot Louis, & Nash Louis. & Nash. & Se. Ry Mexico U. of M.n St. Ry State Netherlands Eer Midvale Steel Cvt Norway Llo Minn St. L Queensland Sao Paulo State of Mo. K. &T. Dfs Seine Dept. of Sweden Mo.k T.prins Switzerland Govt. of T.pr.n Adj K. Gt Pac Senate Uruguay Montane Bower OAK City Securities Rys New Fork City Orleans New York City N.Y.C H. R Llane ON Amer Amer. Tel Susq West Knox. & Cin Atlantic Fruit N. Wes Er & W Atlas Ne & Wes TIM T Bae P.le W.va Northwes Packard Motor Beth Teel Penn R. R. Cone Teash Beth. Steel P.r-Acon Ser Braden Copper P. B.A. Gen Vege Abe Sbi Bklyn Edison Bs Penn. R Nor Pearin & E Perey CY Ing Peorin, & EH. Inc Icanadian Pac Phila. Co. Ba Dist. Tel. Bs Seeder Gentral Pacific Reding Central R. R of N. J Cerro de Pasco Ches. & O R. I. Aric, da Roch, Pitts Chic & Alton MM. & Oedens R.& G CoolChic Ation Choic. B. & O St. Nie G.N Erie Gas St Coke Afane Chic San An Aransas Pane Ind Mit Oenette C. M P. E Sharan Stesi Oonshi St. P ML & St. P N. Gen Col N. W Ne. W Chicago Tri-City Rwy S. F. Ba Union Am d& Paper Bs Union Elec St. i Ae Union Pac Colo. Ind. Tat & Col Seseelers U.S. Realty & I N.Y Tia Car. Chem Dal. & Hudson Cvt Den Rio Gr Maryland Rio Pacific Detroit Union Tel Waa Aber Cain Allegiek Ie Union Detroit River Tunnel Boss Sae Westinghouse Wheel. & L. Erie du Pont de Nemours Wickwire S. Steel Wilson & Co. Lst Duquesne L. & P. Let Col Ist Con. & Len Wilson & Co Hirie Gold A. Gs. Can Nee Cortez Silyone Cresson Cudaley Anon Wee & P Wee Hollinger Golderry Gair Galena Sig Follinger Goodrich Ead C.T. As Mason Val En Mather Lode Kayser Ry T Nat. Tin Kenn. Cop Apo Ray Hare Manitoba Morris & Co Nat Acme BRU Teck Hughes Belmont Phil. Co Seare Roebuck Seare Roebucks Volcano Salvat. Clo West End W. Bel Yukon Gold Armour Barnsdall West Eloc J. Ry. Ba Phil Isle Monswiss

Bond Sales on the New York Exchange Reported

The New York Exchange bond sales show totals of 15,378,000 with 14,478,000 due in two years and 9,008,000 on Saturday, bringing overall activity to 22,570,000. Catee Tota notes the pattern of large issue counts amid market fluctuations.

NEW York Exchange

Cotton Market Advances on Moderate selling in New York

New York cotton prices rose in afternoon trading after a moderate morning tone. May advanced from 17.60 to 17.84, with other active months lifting about 20 points. close near best levels. Reports of light selling, firming grain, and renewed commission support helped sustain gains. exports and port stock numbers released show steady overall activity.

New York Liverpool Manchester Commission House Texas United States New Orleans Galveston Philadelphia Sarles Grlveston Savannah Norfolk Shipm’ts Little Rock Montgomery Houston Memphis Augusta Dallas

Chicago Wheat Gains on Export Demand and Buenos Aires Rise

Chicago wheat closed strong with May at 1.43 and July at 1.21, corn and oats up modestly while provisions fell. Seaboard noted 750,000 bushels of wheat sold for Europe, durum predominating for Italy, with Greece’s 2.25 million bushels expected to fill tomorrow. Domestic milling demand appeared to strengthen amid bullish factors from foreign markets.

Chicago United States Buenos Aires Seaboard Europe Italy Greece Liverpool New Engand

Curb market review shows mixed steady oil stock activity

New York March 6 traders saw initial steadiness in curb stocks with declines limited to fractional points. R J Reynolds rose to 43 but profit taking pulled some quotes lower. Kirby Petroleum slipped after midday on Pell Tract well news, while Maracaibo Oil remained strong early and built late. Simms Petroleum and other majors fluctuated within narrow ranges as Volcano Mines entered active trading.

Washington Post New York R. J. Reynolds Tobacco Maracaibo Oil

Live Stock Markets Across Markets Report Cattle Hogs Sheep

Chicago stock market notes cattle receipts near 18 000 with beef steers strong. hogs down 10 20c. sheep and lambs steady to higher. New York and Baltimore reports show mixed gains in bulls cows and calves with weekly totals recorded for cattle sheep and hogs.

Chicago United States Bureau of Markets Texas New York Baltimore Maryland Pennsylvania Alves Spee Petra

New York Produce Prices and Bond Demand Report

New York market notes show butter and cheese receipts rising with creamery and eggs unsettled amid varied percentages and grades. In Paris, heavy demand for Credit National bonds for reparations exceeded 4.5 billion francs after February subscriptions.

New York Bemnbary Hennery Browne Hearby Express Cuba Porto Ricos Uae Middle West Paris Credit National

Interest Banks Receive on U S Bonds Taxable

The District Court of Appeals rules that banks earnings from government security interest are taxable as a franchise tax. Security and Commercial Bank of Washington challenged a 4 percent gross earnings tax. The decision affirms validity and could impact other banks and local tax laws.

District Court of Appeait Security and Commercial Bank District of Columbia Jta

Philippine Issue Sold For Public Bonds Sale

A bid for the entire issue of public improvement bonds of the Philippine Islands totaling 5 million dollars was accepted by the War Department from Hallgarten and Co Chase Securities Corporation and Associates of New York at 101.56 with accrued interest. The 30 year bonds dated February 1 1922 bear 5 percent interest and will be issued in 1000 dollar denominations.

Lanston Washington Gas Washington Gas 5S Washington Railways Victor B Deyber Second National Bank Institute of Banking Bethelkl Willard W. J. Waller Edward E. Spitzer Heidelbach & Ickeltheimer New York Iill Philippine Islands War Department Hallgarten & Co Chase Securities Corporation and Associates

Local Produce Market Prices And Commodities Report

Pricing for eggs poultry pork and livestock alongside fruits vegetables and market metals. Listings include various apple cabbage celery onions potatoes lettuce oranges grapes tomatoes beans and peppers with units and price ranges from Virginia New York Florida California and other regions. Also notes on metal prices for copper zinc lead tin and related futures with market readings.

U. S Grimes Jonathans Florida New York New Yorks Michigans North Carolinas Delawares California Texas

Oil Quotations From City PA March 6

Oil price figures from Oul City Pa show credit balance at 2.50 and 38,846 runs with an average page. Shipments total 47,966 with an average reading noted.

Oul City

Supreme Court Rules 1906 New York Gas Law Confiscatory

The Supreme Court ruled the 1906 New York gas price cap of 80 cents per thousand cubic feet was confiscatory for 1918 and 1919. Justice McReynolds delivered a unanimous opinion in three cases brought by state officials against Consolidated Gas Co of New York, upholding lower court findings that rate making is not a court function and that the rate had been confiscatory since January 1, 19%. Separate unanimous opinions by Justice McReynolds covered Kings County Lighting Co and New York and Queens Gas Co, with lower courts affirmed.

New York New York City Supreme Court Justice McReynolds Attorney General of Gas Company of United State District Court Kings County Lighting Company New York and Queens Gas Company

Texas Rail Case Dismissed by Supreme Court

The Texas rate case against the Interstate Commerce Commission was dismissed by the Supreme Court because it was not properly filed. The court ruled that all suits to challenge ICC orders must be brought in district courts with the United States as a defendant.

Baltimore Markets Situation in Early March Trade

Baltimore markets report prices for butter eggs and live poultry. Butter creamery and prints vary by grade. Eggs and firsts bids noted for Maryland Pennsylvania and nearby regions. Livestock prices include chickens ducks geese turkeys with assorted weights and conditions. Wheat corn oats and futures also listed with closing prices.

Baltimore Maryland Pennsylvania Ohio West Virginia Virginia

New York Grain and Insurance Statements Summary

New York grain markets show spot firm for No 2 red No 2 hash at 148 1 4 cents and No 2 yellow No 2 white at 76 32 cents. Insurance statements describe the Fidelity and Casualty and American Surety companies balance sheets for December 1921 with assets 14 0 4 million and net unpaid claims around 2 58 million, detailing capital stock reserves and premiums.

New York Manitoba American Surety Company of District of Columbia Gapital E. Capital Steck Lafrentz Sharles Treagorer Sea We Nery Kings County New York County Brent County Bronx Queens County Eines County Westchester Richmond Counties Southern TRH Fidelity and Casualty Company of New York District of ‘Columbi Talentate Mortka Camascas Belugmeaucetenia Theo Gay M. Notre Lantic New York Co

Also Mentioned on This Page

T Street Gurb Market Review Aceme Itjte Ark. Nat. Gaz Beaver Board Ami Oee Bosn Br.-Am. Tob. Coup. Wu Celib Som City Soc Br.-Am City Svas B Etts Cosden Teaa Car T. & P Pet Davies O Fensians Nilland Glenrock St. Bab Hudson Weeel Gardner Omiigardner Gillette Kirby Pet Glen Alden Coal Livingston Kayser Wi Men Omid West N. Y Sapulpa Santevss Stanton Sootu. S U. S. S, and A W 1Ool Victorie of Wilcox Close Caren Wayne Coal Mont. Co Butte Wuly Wu Court of Appeals Local Produce Market Rs Ney Vores m Ecorren Ee Electro Northern St. Loui ANTO Supreme Tribunal NEW York Grain Branch Olica North Carolina L. Bert Nye Paul W. Cherry E. K. Legg, Jr Wilkins
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