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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 18, 1917
Page
6
Boston politics stir as Gov. McCall faces a possible challenge from Weeks faction backed candidates. Cushing, Winslow named as potential contenders amid talks of a settlement to Maine feud. Coolidge discussed as a longtime governorship prospect. funding and coalition dynamics shape the campaign.
In New Jersey Albert Gacbe told his brother Raymond Canove to help with dishes before school. He was found in the cellar hanging by a rope after his 11 year old brother William discovered the scene. Authorities offered no motive for the act.
In Cleveland on March 17 a sweeping lockout began, halting work on more than 1500 projects and $70 9 million in construction. Contractors and the Building Trades Employers Association locked out 15 000 Building Trades Council workers, joining about 5000 idle, stopping nearly all city building work.
A March 17 blaze destroyed a hotel wing in Los Angeles leaving over 700 guests stranded and briefly in danger. Firefighters rescued women and children from fire escapes while three Invalides were evacuated to hospitals. Damages were pegged at about $100,000 with the origin traced to the lunch room.
Sacramento March 17 Hiram W Johnson senator elect relinquished the California governorship before a joint session of the legislature and Lieut Governor Stephens. Johnson had served as governor for six years.
Randolph Matz an attorney from Chicago was killed in New York after falling or jumping from an eighth floor window at the Hotel Belmont. He arrived with his wife and a nurse for medical treatment for neurasthenia and died when a window was found open after a draft. Rudolph Matz, a Chicago lawyer, was known in local legal circles as a member of Matz Fisher Boyden and held director roles in multiple firms.
The American Federation of Labor executive council issued a statement amid the European crisis. It pledged loyalty to the republic and offered services in war if needed. It also demanded equal pay for women who replace men, based on efficiency rather than sex.
Gov. James E Ferguson was exonerated of charges by the legislative investigating committee. The Davis committee report to the Texas House found the charges unworthy of impeachment and the House adopted the resolution sustaining the exoneration.
Washington March 17 The weekly statement of Federal Reserve banks shows total resources and liabilities with gold reserves up by about 21 million dollars. Gold in vaults and settlement funds amount to 558,818,000 including gold certificates and redemption funds. Total resources reach 3,042,226,000 and the gold reserve against net liabilities stands at 77 percent, with cash reserves near 79 percent and net note liabilities covered by substantial gold backing.
In Ton, New York this morning offers show an advance of over 150 per bale in cotton futures. Contracts for May reach 17.97, up 22 points from last night, with October at 17.17 and December around 17.26 as the market stays steady and gains of 14 to 32 points are reported in the hot session.
New York March 17 reports show contracts for more than 800000 tons of rolled steel and 300000 tons of pig iron amid rising prices. Railroads placed 160000 tons of orders for standard rails while shipyards and Navy plans drive demand for plates and shapes. Prices for wire products and structural items rose, with independent mills advancing by 10 per ton.
Baltimore markets report closes higher on wheat and firmer corn with spot prices for fats and eggs listed. Copper market quiet in New York with nearby deliveries showing slight steadiness. third quarter quotes at 31 1/2 to 32. iron unchanged.
Philadelphia markets show butter steady eggs unchanged cheese firm and higher wheat prices rise with No 2 red at about 1.94 to 1.98 corn and oats firm. New York bank statement reports excess reserves rise by 21.3 million, loans and deposits up, net demand deposits up, circulation down slightly, with total reserves and trust company figures detailed.
New York market notes butter receipts creamery higher than extras with varied scores. Eggs unsettled receipts Fresh gathered extra first firate nearby whites and browns. Cheese irregular receipts state held specials. Poultry alive strong with chickens fowls and turkeys, dressed prices unchanged. Flour firm, pork strong, beef steady, lard strong Midwest. Sugar raw and refined unchanged.
A fragmented OCR listing prices from a local produce market. Items include poultry per pound, cheeses from New York State, butter, nearby Virginia eggs, vegetables with multiple price entries for potatoes onions peppers cucumbers spinach carrots beans lettuce and other items. Names of regions such as Elgin California Florida appear with varied figures.
The Ford Farm Tractor offers eight drawbar horsepower and sixteen belt horsepower with a 4100 lb weight and a $495 factory price. It claims widespread farm use, mobility under its own power, and compatibility with plows, harvesters, and saws. The Ford Tractor Company, Minneapolis, markets the tractor separate from the Ford Motor Company and cites strong industry demand and wartime farming needs.
Ford Tractor Company, Inc. reports a large sales organization of over 200 agents and dealers across the United States and abroad. Demand exceeds production, with foreign shipments and a French order for 50 tractors. The Minneapolis plant has capacity for 20 daily, with plans to grow to meet rising demand and profits projected at $2,006,000 yearly for 25,000 tractors and strong percentages for stock investors at $5.50 per share.
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