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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

Mar 18, 1922

Page

7

Expenses of U. S. cut $1,000,000,000 in eight months

The first eight months of the current fiscal year show a roughly one billion dollar reduction in federal spending from the previous year. War and Treasury departments led the cuts, with the War Department down about $410 million and the Navy about $100 million less. Treasury savings exceeded $125 million due to personnel reductions amid abandoned wartime operations.

United States ‘Treasury Bureau of the Voculare Treasury Durie War Department Navy Treasury Department

New York Cotton Market Seen Firm on Weather, Trade Hopes

Early declines reversed as reports of improving British trade conditions and weekend weather worries in the South sparked buying. May contracts rose from 17.80 to 18.03, July to 17.46, with firmer tones aided by Liverpool orders and rising Lancashire activity. Export totals and port stocks featured heavily as news from Germany and Indian orders influenced sentiment amid unsettled forecasts.

New York Liverpool Lancashire India Lana Manchester Torey Sullvan Boston Germany America United States Great Nor Liberty Liberty Ist Havana Hud. & Bf Adj. Inc. BS Love Gent C. Ns Victory Ae ToolVictory Rap. T Argetine Inter. Mer. Marine Belstrum King, of Belgium Tis Towa Berne Abe Bordeaux City of Kansas City Brazil C. S Canada Lackawanna Steel Chile Pactede Heiitia I. Bedeb Lake S Liggett & Myers Cuba Rep Long Island Denmark Lorillard Co King Lorilard Co Louis. & Nash S .F Man. Ry Lyons Norway St L Queensland State of Rio de Jan M. St M. Col Rio Gr. Do. Sul Lho Oklz Bs Wi Sao Paulo Mo. K Seine Dept. of Sweden Switzerland K. & T5% c. 093 bo 93% 212/000'G. 110 29,000/M. K. & T. p Eas Mo. Pac Montana Power Montreal York City Morris & Co New York City Boooereis & Wssex New Domestig Ee Adams Express Albany Susquea Amer. Agric. Chem Amer West N. Y Susa Ae . Ae Amer. T. & PE. Col Chic St. Ti Armour & Co Anaconda Copper Commercial National Bank OLAL St & Gen OOO AL & Rr Adj Ske Atl. & Birm Wes Bos Ae Atlantic C. L. NY Niagara Falls Pwrce Atlantic C. Qs Low Astis Atlantic Fruit Atlantic C Nor Stcp Am. &T Nor. Pac jAm. T & T. Col Pwr. Pac Ist Pwr PR. R. Ist Beth Capital Traction Braden Copper Bio City & Suburban Brooklyn Edison Otis Steel Geotown Gas Lt Pac. Gas & I Metropolitan R. RB Pac Pot Bkiyn Rapid Transit Packard Motor Potomac Crenghis Etig R.R P. EB P. G-M Mt. V. Os Balis Ale & Ana Bus R. & Pitts R. R R. R. Is Peoria Wash. Ry el. Gen Peoria & E Central of Ga P, CC St. L Biggs Ches. & O. Vt Ion & Steel Chi. & Alton Hi. & Alton American Tel Teles G. Des TY TBM Capital Traction Tron Mt BAS Workington Gas C. B St.t. & Sfr Prin Sera$s W. Steamboat C. B. & Maun div Chi EB. I Novoistl Sie Eprlins Ser.c Oba EL Prd Great West St.l SVR Ser Ind. & L SF. Inc C. M St. P Chi. Mil Puget Sound Thy Columbia DL & St. Pg. Diss Farmers & Mechanics Sbd Tei&cons St. P. Gr Sharon Steel Hoop FL & P RLE & Pref S. Porto Ric Minn Pacific Chi, & West Ind Col Standard Milners Fnion Trust C. C.C St L. d Standard Milling Wash. Loan & Trust Colum, & EH Merchants Bank East Washington Saab. & Rec SF. TS C. G. of SY. Ev St. TL Seventh Street Tri-City Union Pac Washington Mechanics United Drug Co Tel Del Corcoran Dela Trudson Cot U. S Denver Rio Grande S. Stee National U RG Beetfs Sta Dsl Esateatesernfetes United Ry. Invest Utah Power & St Stadt Wae Eee Tebe Lp Va.-Car. Chem Det Isdison Car. Chem. Co Edison Ist Va.-Car Cher Col. Grapho Va. Ry Cole Grapho Detroit United Wabash C. Paper Mfg. Co Maryland du Pont de Nemours Union Real Eenthaler Linotype Isidby Union Dutch Mit. Com Westinghouse Mict. Co Erie & Jersey L. Erie Fik Rubber Co Wheel Washington American Ind Wickwire S. Steel General Electric Wilkes-Barre Goodyear T. & R Wilson & Co Granby Sisning Canada de Assozy Wisconsin

Bond Sales On The New York Exchange Rav oy Redmom

Bond market activity on the New York Exchange shows notable movement as traders monitor offerings and price shifts. Details point to corporate issues and fluctuating yields reflecting broader economic signals.

NEW York Exchange

Local Stock Prices and Bond Listings

Local stock exchange notes show Washington Gas and Chesapeake Potomac Telephone issues with varying par values and prices. Federal National Bank and American Security Trust bonds trade alongside Lanston motorotype shares with mixed yields.

Washington Audley Savage National Savings and Trust Company American Security and Trust’ Company Merchants Bank National and Savings Banks Lanston American Security and Trust Federal National Commercial National Saies Washington Gas Tms Washington Railway & Electric Chesapeake & Potomac ‘Telephone Federal National Bank American Security & Trust Lanston Motrotype

U S Bonds and Fresh Produce Market Report

The U S market notes new United States bonds and a locale produce market with live poultry and dressed poultry prices. It lists various fruits vegetables and regional price ranges from Virginia New York Ohio Florida California and other states along with commodity prices and exchange rates.

Chicago Grain Market Advances on Bullish Export Hopes

Liberal export demand and rumors of small European stockpiles pushed Chicago wheat higher amid bullish European and U.S. outlooks. May and July futures rose while corn and oats followed the wheat trend, with provisions largely flat to up. Cash grain quoted for various wheat corn and oats grades, while futures opened higher and settled mixed.

Chicago Gorn Germany Chicago Board of Trade United States Liverpool Seaboard Italy

Baltimore Markets and Farm Prices Report

Baltimore market prices list butter eggs poultry and grains with varied per pound quotes from creamery and dairy sellers. Includes regional egg and dairy prices and a Chicago market cattle hogs and sheep summary with receipts and price ranges.

German industry hums despite drop in mark

February and early March activity in Germany remained roughly steady despite a weak mark, with the mark at its lowest since November. The Ruhr coal sector slowed due to a railway strike, but iron and steel stayed brisk. output in January reportedly outpaced combined UK, France, and Belgium estimates, while engineering, potash, and textile mills stayed active though silk lagged and cotton spinners had orders into July.

Chétk Department of Commerce Harring Berlin Ruhr Pig ‘Iron and Steel Industries England France Belgium

Curb Market Review Sees Steady Prices Across Oil Shares

New York March 17 curb market stayed remarkably steady amid mixed news and heavier profit taking. Standard Oil affiliates led gains with up to eight points, aided by an extra dividend, while Mexican Sea Board Oil and Merritt Oil climbed to fresh highs. Independent oils were active, Postum Cereal hit a new high, and Magma Copper with Mother Lode coalitions rose to record levels. bonds showed varied movement and railway issues traded for the first time.

Washington New York Standard Oil Securities Indiana Standard Oi Ohio Buckeye Pipe Standard Oil Columbia Petroleum Postum Goldwyn Pictures Magma Copper Mother Lode Coalition Volcano Mines Alpha Mines Company McBarnes Summit County Colo Paris- Lyons Mediterranean

Your Income Tax Under New Law by John G Herndon

A historical discussion of the 1921 revenue act outlines when tax determinations become final, allows compromises of civil and criminal cases, and notes limits on refunds and interest. It recounts a taxpayer's fight over penalties and the commissioner’s authority to accept compromises including interest. The piece also clarifies exemptions for interest from domestic building and loan associations up to $300 per year.

John G. Herndon The Public Ledger Co United States Secretary of the Treasury Internal Revenue Laws Attorney General Palmer Treasury Department Committee On Appeals

London Market Review and Philadelphia Market Prices

London opening markets show quiet start with improving tone as British funds rally and foreign issues shift slightly. Iron and steel falter while oils weaken though some support appears. African mining rebounds post strike. Philadelphia prices list grains, corn, bran, butter, eggs, and live poultry with varied quotes for week of March 17.

London Market Review Special Cable Dispatch London Philadelphia

Market Report Cotton and Cottonseed Prices New York

Daily market notes show prime crude at 10.25 with nominal terms. Spot prices for prime summer yellow range 11.80 to 12.00. Futures listed for May at 12.90, July at 11.90, and September at 11.95.

South Carolina New Yorks Florida California Virginia Texas New York

Danville Tobacco Market Closes After Light Week

Danville Virginia reports the tobacco market closing for the season after a light week due to muddy roads. About 33.5 million pounds sold this year, down from 50 million last year. earnings were substantially lower. Next year eight warehouses plan to stay open and sell by competitive bidding. Winston-Salem warehouses also closed for the season with 32,648,021 pounds sold and a crop value of 7,821,697.43 dollars averaging 24 cents per pound.

Danville Cooperative Marketing Association Winston-Salem N. C

Feeder of Jobs Signals Improvement Across States

Reports from Michigan Texas New York and Kansas indicate a modest rebound in employment. Col Arthur Woods, head of the emergency committee of the Presidents conference on unemployment, cites winter outdoor work and spring prospects as the main factors behind the easing. He notes a slight drop in job applicants at employment bureaus paired with more work available.

Michigan Texas New York Kansas Arthur Woods Col Woolf

Also Mentioned on This Page

Morris H. Glazer Hanks Mellon Richmond Warmers and Mechanics National Bank Security Savings and Commercial Bank Record Marc WG. Addison, Jr NEW York-Grain Manitoba Rav Local Stock Exchange York Imperials Baldwins Michigans North Carolina East St. Louis Foreigen Great Britain Holland Spain Greece Poland Czechoslovakia Argentine Neem Prime Mercantile S. Ungeriemner & One Ahmec Allouez Hlev Boston & Maine Cal Aree Gut Calumet & Ela Carson Banzea Fe Davis Dalygis Gastera Cement Island Creek Lib Mokawt H. i Nipissing North Butte Old Dom Wee O Os SBM Swift & Co Swift York Ebed Panama Tegis W. B. Hipbs & Co Bree Ae i Greater Berlin Bremen Eine Coblenz Cologne Cee Dresden Cee Dresden Duesseldorf Frankfurt Hamburg Leipzig Munich En Krupp Badische Aniline Allegm Bleck Baltimore Pennsylvania West Virginia U. S. Bureau of Markets Curb Market Review Lfe Department Lombard Street Paris the Public Ledger Co New Rat Tok Bocas Lew Orlean Galveston Leane Savannah Charleston Wilmington Exas Norfolk Philadelia Eaves Mobite ERIOR Molessen Pneu Memphis Atlanta Houston Ansusta Liteleek Tgome S. Ungerleider & Co Els. Close Armour Lea al Booth Deere Ly Edison Great Lakes Libby Sca Montgomery Ward Qats Ae Swift Swift International Thompsons United Iron Carbide Tt Union Wahl Ete Wrigley Beaver Board
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