Market Prospects and Policy Shifts Highlight Week
The piece surveys Can ons that will affect business and finance this week. It cites President Wilson's wage stance toward railway shop workers as a pivotal event and notes stock market firmness, possible price declines, and the money outlook. It discusses railroad futures and foreign exchange, stressing uncertain policy directions andbanking influence on markets.
MENTIONED IN THIS ARTICLE
Hy R. L. Barnam
York
Mesa
Indica
Wilson
Son
Alway
Roosevelt
Europe
Weekly Statement from Local Reserve Bank and Market Notes
The Bradt federal weekly statement reports U.S. bank clearings at $7,065,690,000 for the week ending August 28 with total gold reserve around 68.7 million and total deposits and obligations detailed. Butter, eggs, and cheese prices and receipts are listed for New York Chicago and Philadelphia markets with notes on milk, poultry, and produce trends amid mixed movements.
MENTIONED IN THIS ARTICLE
United States
Telegraph
Federan Reserv
Gnginal
New York
Atlanta
Ds Ag Zollowas
Phiadeliphita Ie Governionent
Victory
Kansas
Vevensenarives Neeene
F. R
Denver
St. Pat
Iaac
Chicago
Galvedtonogists
Catilda
Latmark
Canon
New Jersey
Labor Governed Week in Stocks
New York reports a labor driven stock market with moderate trading yet notable gains. Highs came late as Pacific coast strike talks and Southern Pacific land-case dismissals boosted oil shares and railroad stocks, while rails remained restrained and industrials faced labor market uncertainty.
MENTIONED IN THIS ARTICLE
New York
Railroad
Southern Pacific Company
Southern Pacific
Weekly Federal Reserve Statement Awashington August 29
The weekly statement shows banks' condition as of close of business August 29 with totals for gold reserves at 2 072 080/788 000, total deposits 2 440 810,000, and net liabilities 210 815,006. It notes reserve ratios around 50 percent and gold reserve ratios near 35 percent, across the system.
MENTIONED IN THIS ARTICLE
Awashington
Federal Reserve Board
Adutces
F. Tk. Ogenta
Acta - Invoa
Industry of Europe Is Paralyzed by War Aftermath
In a study by Frank A. Vanderlip, Europe’s postwar economy is described as paralyzed beyond the battlefront. He cites destroyed industry, disrupted transport, scarce credit, and labor unrest, arguing that vast foreign credits are needed to restart production and avert social upheaval and Bolshevik influence across nations from Poland to Romania and beyond.
MENTIONED IN THIS ARTICLE
Conwee
Europe
Frank A. Vanderlip
A. Ries Gt Fins
Collna Ae
Prani
Vanderlip
America
International Tinoneler
Bet
Zeebrugge
France
Belgium
Prague
Hungary
Rumania
Poland
Serbia
Seria
Gurone
Credit Ge
Italy
Omilan Company
United Aay Cate
Wi Woworld
Saturday Holiday Breaks on Exchanges Across the Nation
Exchanges closed for Labor Day with Chicago board fF trade remaining open as others observe the holiday. Tuesday reopening delayed for New York and New Orleans cotton markets awaiting August end crop report. Government crop data expected to spark nationwide interest amid large shoe trade and wage figures. Also notes lace making in the Philippine Islands and a jokey exchange about horses from a London Punch item.
MENTIONED IN THIS ARTICLE
Boards of Governors
Chicago Board
Ff Trade
New York
New Orleans
Clearing house banks hold excess reserve up by gains
New York report shows clearing house banks and trust companies hold 33,036,470 excess reserve above legal requirements, an increase of 33,849,160 from the prior week. Loans rise 18,345,000 while vault cash falls 4,408,000 and reserves at Federal Reserve banks rise 28,333,001. State bank deposits, circulation and related items shift accordingly.
MENTIONED IN THIS ARTICLE
York Clearing House
Federal Reserve
New York
Wall Street
Inter
Ea Fund
Wall Eet
Federal Reserve Banks
Federal Reserve Bank
Bog
Greater
Dry Goods Markets Close For Three Day Labor Holiday
Currency and bank notes show declines with a total of $37,091,600 deposits. New York dry goods markets close for a three day Labor Day holiday, affecting print cloths. Rice sales in New Orleans and Honduras show activity with several thousand sacks traded. London money markets report steady rates and discount figures.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
New York
New Orleans
Hough Rice
Honduras
Carolina
Cotton carry over and price outlook in 1919 analysis
E Calvin Washington outlines distinctions between cotton and cotton linters, clarifying carry over figures for August 1, 1918 to July 31, 1919. He cites total supply at 15,236,633 bales with potential consumption 7,000,080 and exports about 7,000,000, predicting a carry over near 1,226,533 bales far below prior norms. He notes rising world demand, 2,000,000 bales cleared in four months, and war disruptions affecting demand.
MENTIONED IN THIS ARTICLE
Calvin Washington
Cotton States Official Advisory Marketing Board
Census Bureau
Washington
United States
Canada
Cotton market shows steady undertone amid mixed activity
New York August 30 The cotton market was only moderately active yet maintained a steady undertone with December deliveries reaching 2.30 cents, up from about 2.92 cents. Traders cited anticipation of the government crop report and sterling exchange effects, plus lull in speculative buying as holidays approached.
MENTIONED IN THIS ARTICLE
New York
Rallier
Sterling ‘Exchange
Cotton Exchange
Liverpool
Cotton Marketing Amid War Pressures in the South
European nations seek more American cotton as war disrupts markets. Farmers and merchants should avoid rapid selling, feed the market gradually, and use cooperation to fetch higher prices. The world needs cotton and will pay, but absorption is slower due to wartime conditions.
MENTIONED IN THIS ARTICLE
South
Phas
Europe
Also Mentioned on This Page
the Constitution’s Markets, Business and Financial News
Regieway
Barnum
Cad
Local Reserve Bank
Bradstreet
National Clearings
Prottstans
L.w. Jay & CO Cotton Merchants
Bow York Goffes
Agst
LABOR
Werewin
Germany
Russia
Warsaw
Balkans
Spe
Holland
Scandinavian
Europa
Oland
Lithuania
Romania
Balkan
Philippine Islands
Thomas
Bond Department
Trust Company OF Georgia
Atlanta, Georgia
Clark
Clark & Co
American Cotton & Grain Exchange
Clearing House
Bates
Cramr
Julian Clare
London Money
London
Ss—S—S—S
Calvin
Atoney
Success Club
Goldsmith
Mgr
Broad Bt
New York City
Caine Oe Aml
Fred
Rowntree
Brothers II Street