Bank Compare Promises High Interest Checking
A reader questions if the bank offers desirable terms noting the bank claims to pay 2 percent interest on checking and appears to market itself as a good banking choice.
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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 28, 1914
Page
4
A reader questions if the bank offers desirable terms noting the bank claims to pay 2 percent interest on checking and appears to market itself as a good banking choice.
The United States Steel Corporation cut its quarterly dividend from 1 1/2 to 1/8 of a cent, signaling cautious finance amid wartime demand. News notes show exports to Europe continuing, with cotton shipments more than doubling any day since war began. Copper movement rose, while bond offerings and banking actions reflect a fragile recovery.
Treasury figures show receipts and disbursements for October 1914, with detailed breakdowns by gold and silver holdings, notes, and fractional currency. The report lists totals for general fund assets, liabilities, and cash, plus redemption notes received that day.
New York reports show varied commodity prices with creamery and poultry steady to firm. Exports and domestic demand influence grains and flour while cornmeal and hog products remain stable amid cautious market sentiment and potential crop concerns.
New York money market notes show Sterling exchange firm for 60 day bills at 43601, cattle at 4906, demand at 499, and bar silver at 48 1 2 percent with minor fluctuations across securities and commodities.
Market reports wholesale prices for poultry and vegetables across New York and Virginia regions. Prices show unusual dullness across all fruit and vegetable classes with overall declines versus prior years.
Injury report details an automobile wreck on Kenyon Street NW injuring Joseph A Turner and George King Jr. Turner expected to return home soon. Diplomacy note reports State Department inquiry into German prisoners in France at German embassy request. Damages sought in DC case over a 1912 sidewalk hole injuring Emma Jackson. Supreme Court dismisses Atlantic Coast Lumber appeal over South Carolina timber land forfeiture.
Percival Farquhar, once an observer in New York finance circles, promoted a vast Bolivian railway and oil venture. He secured Bolivian concessions for a coast to interior rail link and for tapping northern oil and eastern coffee lands, financed by European capital. The scheme faltered as Balkan war and continental conflict constrained credit, leaving Bolivia awaiting renewed capital once conditions normalize.
The United States and the Intimationa anticipate that American capital will exploit Bolivia’s opportunities, expanding our commercial and financial ties until they rival those with other South American nations. The Bolivian case underscores war’s impact on neutral, distant states in Europe’s conflict.
A large delegation of Lutheran pastors from Washington travels to Woodsboro Maryland for the ninety second annual Lutheran Synod of Maryland convention in session this week. The gathering runs through Thursday with presidents and clergy from churches across Maryland the District of Columbia Virginia and West Virginia attending.
The Street Safety Association meets Monday night at the Saxny apartments on Fourteenth Street NW to push safety. The group aims to prevent accidents with a nationwide talk by Lilbett of New York and plans an active membership drive. A committee drafted by laws and officers including Peabody Hilatt Driscoll Woodfield and Gibbs will present.
G W Evans was re elected president and Judge H Randall Webb first vice president at Kidder's Hall. Officers include H T Harvey second vice president and H M Saxon recording secretary. The association voted to urge the public utilities commission to study extending creastown railway to Potomac Park linking with the existing system due to west side growth. New members James Reason, William B Daw, Frank B Bloom, and Charles Jacobsen were welcomed.
Secretary of War approves track and station moves for electric railways on the Virginia side of the Aqueduct bridge at Hosslyn and widening the approach roadway. Changes aim to ease traffic congestion by relocating the Washington Citylines station downstream and the Old Dominion Railway station upstream, and widening the bridge approach from 24 to a broader main highway width.
A Treasury appointee commission has defined bacteriologic safety for public water. A standard will guide common carriers and interstate quarantine enforcement. The exact purity level was not disclosed, but the department will adopt it and use it for regulatory enforcement. The panel will now proceed to establish a chemical purity standard.
Coleman Davis and Thomas Collins aliases arraigned in police court on taking an automobile belonging to Carrie Foretens of 618 Eighteenth Street Northwest without consent. Judge Mulloway set bail at 300 dollars each for grand jury action. Ray Hogeset charged with stealing a horse and buggy from Ernest Burgdorf held for grand jury bail.
The Supreme Court recalled its announcement and moved the case back to the summary docket for brief oral argument on November 3 after affirming the Northern Ohio district court ruling upholding the Ohio coal screen law. Euchre event at the Washington Saengerbund featured a Ladies Club social and a prize competition.
The article reports the Supreme Court advancing the Ohio coal operators mine run or coal screen law to the summary docket for November 30. It notes Chief Justice White announced affirming a lower court ruling that the law is constitutional, with briefs stressing the law’s impact on Ohio coal operators, mines, and workers amid idle mines and wage losses.
Saturday the excise board began the fourth phase of license reviews for District saloons in anticipation of new November 1 liquor business rules under the Jones Works excise law. The process will close many venues after license grants are announced, following interviews with proprietors on Pennsylvania Avenue and other streets.
The American Red Cross via the State Department telegraphed relief funds to Europe. Amounts allotted include gifts to ambulances in Paris and London, American hospitals in Munich and Berlin, and hospital duties through ambassadors and ministers in Vienna and other posts.
Legal notices announce divorce actions and probate matters in the District of Columbia Supreme Court. Cases include claims by Gloan A. Amath against Lyle Smith with George Beach as co defendant, and other petitions for absolute divorce. Publications require orders for appearance dates and default warnings in Washington Reporter and Washington Post.
Frank Stetson attorney for the Supreme Court of the District of Columbia provides a probate notice from the Probate Court of the District of Columbia for the estate of shares party late of the District. Creditors are warned to exhibit claims with vouchers authenticated before the 1st day of December 1914 or be barred from any share of the estate. The notice is signed by the officer of the trust company and the clerk of the Probate Court.
Trustees offer property in Washington District of Columbia finally described as lots four and five in square seven hundred and eight with 30 by 60 feet frontage to the Anacostia River. Buildings and water privileges pass with the land. Sale set for November 4 1914 at 430 PM with a deposit of 100. Terms include one third cash and balance in installments at 6 percent interest.
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