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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 14, 1921
Page
3
A flood of listings from Chevy Chase to Georgetown shows homes for sale in the Washington area. Prices range from 7 830 to 26 000 dollars with features including hot water heat, electric lights, garages, porches, and multiple bedrooms.
A jumble of real estate ads from a Washington area source includes Chevy Chase Colonial Home for 18000 with 1500 cash, a 5 room bungalow at 6500, and multiple Takoma Park and Riverdale offerings. Features noted include open fireplaces, hardwood floors, electric utilities, and varied down payments.
Multiple properties advertised for sale in Washington area including Takoma Park Chevy Chase and Columbia Heights. Listings note detached homes with cash purchases, terms, and early possession, plus rental or single family features and proximity to streets, avenues, and transit. Contain several addresses, prices, and realty firm references.
Wall Street tumbled as railroad stocks declined after months of weak profits and looming wage reductions. Investors weighed ongoing negotiations between railway employers and unions, the wage controversy, and a pending decision by the Railroad Labor Board, with fears of reduced earnings and delayed recoveries.
Editorial summarizes mounting wage pressures and rail cost disputes as unions seek to curb living costs, while Genetor Cummins calls Congress to probe waste and income. It links these economic tensions to transport issues and public sentiment, noting the London conference outcome and wartime market impacts.
Paris reports stock activity clustered around established French foreign shares while the money market remains subdued. Bond dealers note Russian questions and rising 4 percent bonds, with industrials and oils leading gains. Fr. the franc’s weakness blamed on speculation. taxes and deficits flagged as finance ministry seeks revenue.
London stocks rallied last week with a broad rise in quotations following the treasury bill rate cut from 6 to 5 1 2 percent, sparking expectations of an early Bank of England rate reduction. Walter Leaf cites cheaper money easing working capital strain, aiding British industry. Shipping textiles oils and armaments show strength while rubber suffers. overall market tone improves though prices still lag last year.
The new shipping board to be named by President Harding should bring better conditions in the industry, with traffic officers reporting improvements nationwide and operators seeking additional government tonnage. Government tonnage sales have stalled, though officials expect the market to awaken as the board shifts ships to private ownership. Foreign reports still show a worldwide slump, with excess tonnage and falling freight rates in Europe and the Far East.
Wilson & Co packers reports a deficit of 340,850.34 in the year ended December 1, 1920. Operations and dividends totaled 1,486,881.53, while bonds during the period reached 2,427,331.85. Surplus rose to 338,702 from 22,027,264 prior year, with 2 billion set aside for contingencies. President Thomas B. Wilson notes aims to expand depreciation reserves without further changes.
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