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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 31, 1914
Page
2
New York observes a strong bond market as Germany holds not less than 50 million dollars in deposits for American commodities and possible securities. Foreign governments seek U.S. credits while banks report extensive German capital on hand. Exports may dip, but funds aim at settling debts and purchasing American securities.
The market shifts as quotes show New York cotton trading amid speculation of a board plan. A court ruling and traders in New Orleans note steady spot prices while broader sentiment hints at cautious optimism for December futures.
Readable lists show a diverse assortment of vegetables fruits and related items with per bag per dozen and per bushel pricing. Vendors in New York New Jersey and nearby regions advertise peppers okra tomatoes onions grapes and more with varied quantities and unit measures.
Fragmented OCR item lists varied produce terms and figures with references to poultry and meats. It mentions turkey and hens, weights, receipts, and prices in a garbled urban market context without clear dates or entities. The readable parts indicate a short market note on commodities and pricing.
Oct IV-Lun's review signals progress in money and exchange markets and better outside business prospects due to eased European conflict effects. Railroads' declining revenue remains a major constraint, with interest rising in Interstate Commerce Commission rate actions. Failures drop from last year. wheat exports rise sharply from a year ago.
The Federal reserve board announced the dismissal of 33 clerical staff from the reserve bank organization committee. Of the 7239 original force, 3 are not needed now, with reemployment planned as operations shift to the Treasury during the system inauguration. The board will use a small clerical force initially and may expand later as work grows.
Banks across Washington attended a meeting of the Washington Clearing House Association to explore a cotton pool fund of 1 million dollars. A committee was appointed to detail apportionment, with New York banks already pledging 50 000. Local banks consider their share but debate whether cotton pooling fits banking duties.
United States Treasury daily figures show revenue receipts and ordinary disbursements for the day and month, with year to date, last year, and last fiscal month comparisons. The record lists totals for cash assets in the general fund, gold holdings, notes, coin, and bank notes redeemed, alongside market reports and livestock receipts.
Fragmented OCR lists market items and prices from Baltimore area markets including oats poultry and dairy products. It mentions quantities like 14 pounds and various regional references such as Maryland Pennsylvania and West Virginia. The text is garbled with inconsistent punctuation.
New York Oct 30 In mid November the Federal reserve system will begin upstations and shift from the old national bank law with little friction as observers monitor the move. The change aims to limit concentrated banking power and diffuse influence across the nation while preserving stability and impartiality in the new system.
The text notes a massive mobilization of banking resources in New York to support war financing amounting to about 300 million dollars since the war began. It outlines a national plan to raise 236 million, with New York contributing nearly half, plus a gold fund used for payments to England and Europe. Another 136 million fund, with New York participation of 50 million, aims to ease cotton planters’ distress in the South. All this stems from voluntary concentration of resources approved by the Federal Reserve Board as the new system comes into operation after lifting.
The Interstate Commerce Commission yesterday readjusted freight rates across the Southeastern territory east of the Mississippi and south of the Fontomac and Ohio Rivers. Many existing class and commodity rates may continue under restrictions, with higher charges to intermediate points than to distant ones eased in five cases. The ruling affects routes from New York and the East, St Louis and Chicago, Ohio River crossings, Louisville and Cincinnati to the southern Atlantic and Gulf states. Effective date is April 15.
Information reached the Federal Reserve Board that all twelve Federal reserve banks have elected their governors. The list includes Alfred L Arken Boston, Benjamin Strong Jr New York, Charles J Rhodes Philadelphia, F E R Fancher Cleveland, George J Seay Richmond, Joseph A McCord Atlanta, James B McDougal Chicago, Rolla Wells St Louis, Theodore Wold Minneapolis, Harlan M Sawyer Kansas City, Oscar Wells Dallas, Archibald Rains San Francisco.
The New York Metal Exchange board of managers voted to reopen tin trading on November 4 aligning with the London Metal Exchange date. The decision marks a return to active market operations after a pause.
Police reported multiple robberies including a coat valued at 15 belonging to Capt A LaBelle and a brown minx fur set valued at 100 owned by Isaac Futeral. Also noted were a Elgin watch 25, a sunburst diamond trim, a missing sunburst, and an automobile owned by Dr Thomas Shields. Accidents list Lt Col collision, Warren Garrett wrist injury, and William Richardson fall from scaffold.
A jumble of dataless listings seeks furnished rooms and room and board in private families near northwest sections, near 14th Street and Capitol areas. Multiple ads request 1 2 or 3 rooms with heat board and reasonable prices, some seeking male tenants, others open to families or couples, with contact boxes and delivery references.
Notices announce probate actions and administrations in the District of Columbia. Multiple names appear including Rose McFerran and various heirs, executors, and attorneys, with dates of publication and required claimant exhibits by specified deadlines.
A local ad offers horses and vehicles for sale and hire. It lists a green Brugham with four rubber tires, a station wagon, and a high quality assortment of carriages and harnesses. Stables at 11-813 Missouri are featured with boarding services and special rental rates.
Auction notice for the sale of improved real estate on Main Street with water rights. Property described with tract fronting on Main Street and alley. bidding includes one third cash balance in installments over two years with interest. deed of trust required. deposit of $9. terms to be complied with within ten days.
Taxpayers are notified that taxes on real and personal property must be paid by the statutory deadline. Delinquent accounts will incur penalties and be pursued under law. The notice specifies payment by the first day of November each year and outlines penalties for nonpayment.
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