Rail strike canceled boosts buying and rail outlook
The cancellation of the railroad strike order lifts investor confidence as stocks rise and bond demand strengthens. Industry expects uninterrupted shipping, lower freight rates, and wage adjustments tied to rate cuts. Utilities see a gradual recovery with steel and rail profits improving, while leaders caution on timelines.
MENTIONED IN THIS ARTICLE
William W. Craig
Washington Post
New York
St Louis in Record Dry Goods and Shoe Boom
Mercantile Trust president Festus Wade notes St Louis lead in wholesale dry goods and department stores, as cotton prices rise, with Butler Bros and International Shoe Co reporting strong sales and rising production. Labor and wage trends improve, while rail yard congestion and river traffic pose future challenges. Local plans include a house-to-house survey for the unemployed and a new lodging house.
MENTIONED IN THIS ARTICLE
Richard Spillane
St. Louis
Festus J. Wade
Mercantile Trust Company
Joseph R. Barrolell
Butler Bros
Rand
International Shoe Company
Missouri
Northwest
Aaron Rand
Rice Stix and Company
A. W. Douglas
Simmons ~Hardware Company
South
Paul Brown
America At Work
Pittsburgh
Gary
Mississippi
London Market Recovers Amid Political Uncertainty
London market activity improved as political risks faded, with cheap money supporting gilt edged securities. Investors remained cautious, Ireland risk lingering, and a £20 million local loan issue diverted funds from stock markets. A slower liquidation stream and scarce stocks hint at stabilization, awaiting policy actions and potential Washington conference outcomes.
MENTIONED IN THIS ARTICLE
London
Ireland
Charles of Hapsburg
Hungary
Capel Court
Washington
Bank resources drop in 1921 report
Aggregate resources of 80,814 banks nationwide declined by 3.9 billion dollars to 49.689 billion in the past fiscal year ending June 30 1921. The 2 164 national banks reporting showed a reduction in resources.
MENTIONED IN THIS ARTICLE
Comntroller
Currancy Crissinger
Healthy Improvement Reported In Business
Cleveland October 30 The Associated Press reports a monthly business review from the Federal Reserve Bank noting improvement in nearly all lines in August. The steel and iron sector shows furnaces rekindled though excess capacity remains. building and manufacturing continue to improve, signaling slow growth toward renewed prosperity and a lower unemployment outlook.
MENTIONED IN THIS ARTICLE
Cleveland
Associated Press
Monthly Business Review
Meurth Federal Reserve Bank
Paris Banks Stand Firm Amid Bourse Downturn
Paris reports show French banks resisting the market gloom as larger institutions drop with bourses. Confidence centers on continued German commitments and a vast national loan to be shared with allies, with plans to float a sizable loan despite 7 percent interest pressures.
MENTIONED IN THIS ARTICLE
Paris
Wirth
Germany
Naotion
QB & Guaranty
Eee
Condemnation Suit Over Western Avenue Extension DC District Court
In the Supreme Court of the District of Columbia the District Court seeks condemnation of land for opening and extending Western Avenue between Massachusetts and Wisconsin avenues with a width of 120 feet. The court orders notice for November 18 1921 and publication in The Washington Post, Washington Herald, and Daily Washington Law Reporter.
MENTIONED IN THIS ARTICLE
Supreme Court OF the
District of Columbia
Balding
District Court
Western Avenue
Washington
Massachusetta
Wisconsin Avenues
Massachusetts
Washington Post
Washington Gerald
Daily
Washington Law Reporter
United Bigtea
Jennings Baieny
Bank of France cuts government advances as budget debate looms
The Bank of France reduced government advances by 200,000,600 and circulation by 250,000,000 as the chasm lengthens in budget talks. A request to begin trading in wartime emissions appears likely but may not spark new private issues in early weeks. Doumer favors debt seating increases over new loans or higher sales taxes, pending chamber budget discussion. Special to The Washington Post. The Baltimore terminal of the Washington Baltimore and Annapolis Electric Railway opened at Howard and Lombard, replacing the Liberty Marion site to ease congestion on nearby streets.
MENTIONED IN THIS ARTICLE
Kish
Hadlt
Doumer
Chamber
Bank of France
New York
Ene
Washington Post
Baltimore
Washington, Baltimore and Annapolis Electric Raiway Company
Howard and
Lombard Streets
Liberty and
Marion Streets
Liberty Street
Park Avenue
Fayette
Lexington Streets
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By Fred Locher
AMD
Spon
Teese
Tre
WBZ
Piao Tones
Railroad Labor Board
Chicago
Interstate Commerce Commission
Raila
Steel Business
United States Steel Corporation
Bethlehem Stes! Corporation
Charles M
Tedoming Steel Center
Granite City
Haat St. Louisa
St. Louis Coke and Chemical Co
Illinois
Hast
Granita City
Thi-Central
Ita
Mississippi River
St. Louiis
New Orleans
the Public Ledger Co
Harald
Orissinger
Fourth Federal Reserve Bank
Stephens
W. Hilt
Jey Allomeya
E Street N
Fisusetola
Siac
Ymca Schools
Mecatenglor Sss
Tansy School
Bariyes
Pace Institute
Ana Gem
N.W
Franklin
National School of Commerce International Building
F Bt. NW
Speets
Charlotte
Bory
Eastman
Frank
Itaats
United A8
Lewis Hotel Training
Rawls
Precedent
N. Ta Vo
York
Cunard Mediterranean Cruises
Gibrar
Gi Olarisa
Geor Nota
Cameronia
Thet
Florida
Savannah
Jacksonville
Ficktts
Merchants & Miners Trans. Co
Pratt St
St. Fani
White Star
Cherbourg
Southampton
Liverpool
Bouton
Axeres
Naples
Montreal
Auebes
Star Line
Plymouth
Anterp
Hamburg
Liban
Dansiz
American Line
Danzig
International Mercantile Marine Co
Ofice
Street N. W. Hicks
Boston
Norfolk
Washington City
Woodward
15Th St
Norfolk & Washington Steamboat Co
Bureau of Supplies and Accounts
Navy Department
Washington, D. C
Navy Yard
D. C
David Potter
Paroch
Naval’ Torpedo Station
Alexandria
The
Navy
New York Stock Exchange
Fifteenth St
Srauer
Local Corporation Liberal Commission
Equitable Cooperative Building Association
Bysteman Zany
Equitable
John Jof Bneon
Frank P. Reesy
del Ser
Swartzell, Rheem & Hensey Co
15Th Street
N. W
Tee Treaei
Neesees
Trust
Offica
Nfaw
E. Percival Wilson
Frank R. Ullmer
Sec
Treag
National Savings & Trust Co
New York Ave
Metropolitan
Orm
Decemiacercincese
Rae Wn
W. White
P. Johnson
C. F. BR. Ogilby
F. Jacobsen
A. Gales Moore
Chas E. Bright
Alsert H. Bedford
Louis Ecklore
Ersderick Do Y. Faubs
John
Erson A.A
G. Jr
National Metropolitan
Bank
Htal
U U.S. Treasury