The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1919-07-10
DISTRICT SOON TO
NAME LOAN SHIP

The naming Of the ship by the City
Of Washington for its showing in
the Fourth Liberty loan is expected
soon by the Central Liberty loan
committee. OF which John Poole is
chairman.
Although Mr.. Poole stated that he
has not yet formally presented the
matter to his committee, officials of
the War Loan Organization Of the
Fifth Federal reserve district at
Richmond declare that it must be
named soon. Ships are being turned
out rapidly by the Shipping Board
now. they declared. Many Of the
communities OF the Fifth. district have
already sent in their selections
Under the original plan ten ships
and ten tanks were allotted to the
Fifth district for naming. The sign
ing OF the armistice and cessation OF
tank production caused the War Loan
Organization to substitute ten more
ships for the allotted tanks.
Washington, Hagerstown, Nd, Co
lumbia, S. c., Portsmouth, and New
port News, Va, and ten counties of
Maryland and Virginia were each al
lowed to name one ship. Baltimore.
much to everyones surprise, failed
to qualify"
Hagerstown will name her ship
"Antietam." Miss Margaret Gordon
Alvey, granddaughter Of Richard J.
Alvey, former chief justice OF the
District OF Columbia Court of ap-
peals, is named as sponsor.
Port Deposit, Nd, has named her
ship Cecil County" with Mrs. ]. T.
c. Hopkins, jr., OF that town as
sponsor.
Newport News suggests the name
OF Newport News" with Mrs. Mar
garet Jenkins Roberts as sponsor.
Warwick county, Va. give the
name of Warwick" and Miss Elsie
Curtis, OF Lee Hall. Va. as sponsor.
Kanawha county, W. Va, names its
boat "McCorkle" in honor OF former
Gov. w. A McCorkle of that State,
and leaves the selection of a spon-
sor to him.
Corrected returns over their fig
ures issued the day OF the Comptrol-
ler's call by local banks give the
loss Of deposits by them over the
previous call as $500 900. These
figures were compiled by Frank B. |
Devereaux, OF the National Savings
and Trust Company. a financial sta
tistician. and were just completed to- |
day. The trust companies alone lost |
over $6.OOO,0OO.
John F. Cook. paying teller, has
been elected assistant cashier Of the
United States Savings Bank. This
action was taken at q meeting Of the |
board of directors last night. M |
Cook has been with the institution |
thirteen years, practically since its
inception
The cost OF the war to the United |
States up to June 80 was estimated
by the Treasury Department as S3U,-
177.OO0,0OO. Total expenditures were |
$32, 427 900. 900. and deducting the |
average peace time expenditures OF
81 200. 10000 yearly for this period |
of time shows the above figures. |
of $9,3S400O, 900, or about 20 per !
cent of the war cost
The floating debt Of the Federal
Government on June 80 was 1854
100000 in the form of Treasury GER
tificates. OF which more than $685.
100000 matured or were redeemed
July 1. This leaves slightly more
than $4,000, 100000 outstanding.
The time for filing income and
profits tax returns for partnerships
and corporations whose fiscal year
ended prior to May 81, 1919. has
been extended to August Is.
Lindley and Company Of New York
will shortly open a brokerage office
in the Southern building.
The Consolidation Coal Company |
has declared a regular quarterly div !
idend Of n per cent, payable July |
81 to stockholders OF record July -. |
The Washington Gaslight Company
has declared a dividend of 90 cents a
share, payable August 1 to stockhold-
ers of record July 10.
Trading was again dull on the !
Washington Stock Exchange today.
three 81 900 Capital Traction SIS being
the largest sales made in any secur-
ity. Other sales were made in Wash
ington Gas SIS, Washington Railway
preferred. Columbia Graphophone pre-
ferred and Columbia GFaphophone
common