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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 23, 1922
Page
9
New Haven bonds and Erie loans reach year highs as the 5 percent call rate fails to curb the market. Liberty bonds strengthen, railroad issues lead gains, and favorable rail financials support prices. Industrial shares show irregular moves amid mixed data from New York markets and cotton and grain fluctuations.
The metal market report shows copper firming with electrolytic spot and near futures around 18 13% in New York and London futures near £66-£67. Zinc remains quiet in East St Louis and London, with spot around £25 ds and futures ~£85 5. Iron and tin show mixed firmness and steady levels, lead steady around £21 12s spot with futures ~£62s.
Fragmented OCR text shows scattered figures for cottonseed oil futures with unclear dates and prices. The readable parts mention months July and September and generic price entries, but the source lacks coherent details or context to form a solid summary.
Bond trading activity on the New York Exchange showed varied results with notable highs and lows across listings. Analysts noted fluctuating prices and volumes, reflecting shifting demand for government and corporate securities in midweek trading.
A district banking bill allowing no new banking firms to enter the District without federal consent was favorably reported by the House District committee after Senate passage on March 5. It targets state banks entering Washington and imposes fines or imprisonment for violations, while a longer, comprehensive banking law is being drafted. The District commissioners urge swift enactment as an emergency measure. Earnings reports from the Mergenthaler Linotype Company show five month totals near 3.998 million with strong returns projected. securities trading remains active with gains in Potomac Electric and Capital Traction noted as renovations at Riggs National Bank begin at night to avoid disruption.
Listings from a local exchange detail prices for creamery butter eggs and live poultry, with ranges for chickens, ducks, turkeys, and goslings. Also includes wheat and corn closing prices, along with fruit and vegetable notes, plus scattered insurance statements and miscellaneous commodities.
London market notes firmer on stocks with stronger gilt edge demand and weaker foreign bonds amid a labor outlook. Cattle hogs and sheep receipts at Chicago and New York reflect mixed price moves with modest declines in beef steers and live hogs, while rails and industrials show gains on peace prospects and fuel oil rise.
An old time newspaper ad touts Dr Carey’s Marsh-Root as a universal remedy for kidney liver and bladder troubles. It claims long experience by Dr Daniel G Carey and promises money back if diagnosed not helped with tablets or liquid form available through various druggists nationwide.
Philadelphia to Florida market notes mixed prices for vegetables and fruits led by potatoes onions lettuce and citrus. Wheat and corn quotes move while a Wilmington plan to merge major machine tool firms including Hilles and Jones gains attention. The group expands with Lodge and Shipley Carlton Newton Betis Colburn Modern Dale. new company name pending.
Directors of the Northern Pacific Railway Company cut the 7 percent annual dividend to 5 percent and announce a 1 percent quarterly payout payable May 1 to stockholders of record April 12. Chairman Howard Elliott says conditions may allow resuming higher rates in future.
Four district bills advanced on the House calendar after a district committee meeting. Key item is Millspaugh’s measure granting the comptroller of the currency power to approve new banks in the capital. Also approved were a reincorporation for the Medical Society of the District of Columbia and a Ninth street widening project. Zihlman backed a bill to curb alleged excessive freight car switching charges across three parcels in the northeast.
An advertisement touts Marmola Prescription Tablets as a simple, safe remedy for excess fat. It claims steady, easy weight reduction without strenuous exercise or dieting and offers purchase through druggists or direct from Marmola Co., Detroit.
An old advertisement urges drinking more water and using Jad Salts to flush kidneys. It claims uric acid from meat burdens kidneys, causing backache and bladder irritation, with advice to reduce meat, drink water, and take Jad Salts before breakfast to restore normal kidney function.
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