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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Nov 11, 1914
Page
2
The Federal reserve bank opens for business Monday releasing an estimated 168 million cash from vaults in New York. Much will be reinvested in business and some used to retire clearinghouse certificates while the organization appoints a committee to finalize plans.
Neo wh seeks ta cares of America m manufactur er at ctl ometal worn metal corners and cemate Ame theo ingidty fee oacette weild has the ore 4rd from treat Britain. American sasabe Tiers are asad foe quote prices for vine sheets in £93, lis, iol 2s once of the best quality. Norway wishes to eae teu Meoerman exporters for mania OME OT ue lie in the market also for ship ami beat tackle and eqpiprent.
A new company announces plans to hold regular fur sales in New York similar to London auctions. The venture aims to market furs from Australia and South America through front dealers, with capital stock issued to attract investors and sustain three annual sale events. The firm seeks to dominate the fur distribution channel via New York auctions.
OCR reads as a damaged trade note with scattered figures on imports, cotton, and bales. Mentions percent values, years, and country references but lacks coherent structure. Core elements include cotton market activity, imports, and a tally of bales, with unclear dates or actors.
British government invites bids from New York agents and others to supply and ship 35000 army horses to Europe. Estimated cost about 6 million dollars, with Kansas, Colorado, and Nebraska bidders among those expected to participate.
German naval critic Count Reventlow argues in Deutsche Tages Zeitung that the United States should send cotton ships to German ports to break the North Sea blockade. He claims British sea power is limited and asserts American ships can breach the blockade, with English acquiescence. Buenos Aires reports the National City Bank of New York opened a local branch to facilitate U S Argentine trade, planned as the first of several South American offices.
The article discusses Washington trade reports showing New York remains the commercial metropolis while Baltimore grows, with railroads boosting port exports. It covers cotton market moves, the Cotton Trading Corporation planning to take over December contracts, and expected volume of bales as the exchange reopens under syndicate financing led by S. T. Hubbard.
New York reports progress toward paying the great foreign debt of the United States as $10,756,000 in gold is shipped to Canada for New York city maturities totaling 16.8 million dollars between September and January. Banks supply sterling, checks, and gold while exchange demand drives sterling down. U S trade balance favors liquidation of about 145.9 million since September 1, with half the debt paid and expectations of full repayment early next year.
American manufacturers of planes and musical instruments are urged to seize markets formerly supplied by Germany. In 1912 German trade totaled about 21.487 million dollars, with over 44 percent going to Great Britain. Due to hostilities, Britain and other markets may shift to US exporters as German supply declines.
The listing shows poultry and produce prices from a local market with items such as live spring chickens, hens, turkeys, a range of vegetables including potatoes lettuce cucumbers peppers and celery, and fruits like lemons pineapples apples pears and grapes with varying per unit or per crate costs across Virginia New York and nearby regions. Prices are given in baskets crates barrels and per pound with several garbled entries reflecting OCR errors.
New York market reports show butter receipts high at 9,851 tubs with creamery grades varying. Cheese steady with 2,116 boxes on hand, eggs receipts 11,554 cases, poultry dressed and alive in firm to steady ranges. Sugar, flour, rye flour, cornmeal, pork, lard, and refined oils described as steady or quiet in trading.
New York November 10. For first time since the unofficial market formed buyers led with more bids than offers in active stocks and prices rose four to seven points from a month ago. Official market notes a high price for three year 4 percent bonds. London loans arranged on favorable terms signal improved conditions. Money supply abundant. call money easy at 4 1 4 percent. commercial paper in demand. Gold exports to Canada rise amid war era finance.
In St Louis on November 10, 1925, federal court dismissed suits to recover 14 09 million dollars from directors and former directors of the St Louis and San Francisco Railroad. Receivers plan to disclaim liability of the Frisco on a 26 million bond issue for the New Orleans Texas and Mexico Railroad. Loomis Johnson said dismissal does not bar a similar suit later.
The Treasury lists revenue receipts for November 7, 1914 totaling 1,601,195.71 with various ordinary items. It also shows revenue receipts for the month, year to date, and ordinary disbursements, plus liabilities, net general balance, and detailed asset classifications including gold and silver holdings, Treasury notes, and trust funds, culminating in total assets of 1,890,859,502.01 and liabilities figures.
In Chicago the wheat market lost ground as export demand dwindled from gulf ports. Prices remained firm at the close, while corn and oats fell about one to one and a half percent with varying losses in provisions and other grain futures.
New York reports a favorable shift as savings banks cancel the 60 day withdrawal notice amid war. State officials say banks may drop the rule, with many already lifting it, signaling higher deposits and more cash flow as funds freed from pink accounts return to banks. Noted deposits include gold certificates and large new accounts, reflecting restorable liquidity once funds are no longer tied up for two months.
The Legal Record lists the Supreme Court bench and admitted practitioners, plus case dockets across multiple courts. It details ongoing arguments in patent, contract and criminal matters, with note of adjournments and calendar dates, including United States cases and district court proceedings.
Philadelphia markets report higher egg prices for ordinary firsts and western extra firsts with current receipts. Wheat and corn mixed, oats steady, cheese steady, flour steady, and tallow steady. Livestock in New York shows receipts with limited trading for cattle, calves, and lambs. no trading activity recorded.
New York May 10 reports show port receipts at 72 824 bales with total U S port stocks and interior receipts at 44 015 bales. Exports today reached 18 946 bales. New Orleans spot sales quoted at 7 1 2 percent with 2 bales traded.
Liverpool November 10 spot cotton in fair demand and American middling price at 4.86. Day’s sales reached 1,008,000 bushels with 8,304 American and 500 for export. Receipts 93,419 including 32,833 American. Futures closed quiet with March and June at 4.55.
New York money market figures for Mercantile paper 5 3 4 percent and sterling at 0 day bills 4 3 7 for cables. Exchange rates listed with demand at 4.8088 and other figures for various metals and commodities. Also notes on London copper and iron markets with mixed prices and cattle market details from Washington. Oil quotations from City Pa. with credits and averages.
Real estate transfers listed include Mary A Hutton to Owens at 1 202, 14M Street Northwest. Thomas Ho Pik ford trustees to Warrier H Rockworl, square 1197. Lilliana Tobbs to Clara Simonds at block 27 Columbia Heights. and multiple transfers across Pennsylvania Avenue North West, Congress Heights Extension, and other blocks. Notable figures include Henry Haven, William A Redmond, and Frederik W Paap, with prices ranging from 10 to 44 hundred dollars, and several properties described by lot, block, and square.
A historic list documents numerous deeds of trust securing loans on properties across multiple towns. Names include Hughes, Mo Puimerrh, Mackao, and Mc Puimerneh, with lenders such as Washington Sia and various permanent building associations. The items reference monthly payments, interest rates around percent, and specific lot numbers including Square, Blooming Valley, and Pleasant Plains. The record shows a broad spectrum of parcels including residential, commercial, and building lots with varied trustees and beneficiary institutions.
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