Money Market Flurry Fueled by New York Reserves Dip
The piece analyzes a Monday surge in call money rates tied to dwindling New York surplus reserves. It notes total system reserves remained large, but New York banks faced tight conditions, with potential relief via rediscounting or interior banks lending out surplus funds. Gold imports and market speculation are discussed as factors shaping future rates.
MENTIONED IN THIS ARTICLE
Federal Reserve System
New York
Federal Reserve
Bond Market Money Markets Report From New York
December 5 sales reported from 10 A M to 3 P M in thousand dollars. The note list includes multiple 5s 4s and 3s from NY Cen depots Panes and Pacific groups, with various yields and issue dates. Trading activity notes large holdings, government and corporate notes, and a broad spectrum of debentures and redeemable securities across railroads, utilities, and industrials.
Cotton markets open with steady tone in New York trade
Open trading for December 19 70 and futures for January March May July reflect slight declines from prior levels. Spot cotton at 19.90 down 20 with Liverpool New Orleans quotes and a February TL around 11.74. Sales reach 6000 bales as American Loti futures open steady and close barely steady.
MENTIONED IN THIS ARTICLE
New York
Minn
Duluth
St. Louis
Toledo
New Orleans
American Heiress Seeks Tax Exemption in Federal Case
Countess Emily R de Gardy of Paris appeals that as a French subject and resident she is exempt from federal income tax on income earned in the United States. Judge Dickerson reserved decision as U S District Attorney Sterrett notes tax paid under protest in 1915 and securities remain with the trustee.
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Philadelphia
Emily R. de Gardy
Paris
John Jacob Ridgway
United States District Court
Dickinson
France
United States
Sterrett
Milton Citizens Honor Local Troops Banquet
Six hundred Milton residents gathered at Milton Town Hall to honor three local Miltonians who served in Massachusetts troops at the border. Prominent citizens spoke and veterans shared reminiscences of service and time in Texas.
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Milton
Milton Town Hall
Massachusetts
Texas
Old Colonial House Burns in Newbury Fire
The William P. Coffin house on Scotland road built in 1720 and famed as a top Colonial example in New England was destroyed by fire. Antique furniture burned and the loss reached about $6000. Owner Edward K. Southwick of Ipswich used it as a summer home.
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Newbury
William P. Coffin
Scotland Road
New England
Edward KE. Southwick
Ipswich
Rogers Quits Post as U S Attorney Aide in Boston
Leo A. Rogers special assistant to the United States district attorney in Boston resigns effective Dec 10 after four years with the office. He will enter private practice with Comstock & Washburn of New York and handle customs and internal revenue cases plus a general law practice. Francis G Goodale is recommended to succeed him.
MENTIONED IN THIS ARTICLE
Leo A. Rogers
United States District Attorney
Boston
Rogers
District Attorney’s Office
Comstock & Washburn
New York
Francis G. Goodale
Professor Goodale
Harvard
Anderson
Suffragists in Congress Heckle Wilson During Address
Suffragists disrupt President Wilson in a joint session by unfurling a banner to protest suffrage for women while he reads about Porto Rico. Police intervene minimally as the women exit with praise from their supporters and plan further actions if needed.
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Congress
Porto Rico
Wilson
Mabel Vernon
Nevada
American Federation of Labor
Lucy Burns
Adamson Law
Miss Burns
Paul
White House
William Jennings Bryan
Waterfront Calendar Notes For December Six
The waterfront calendar lists sun and moon phases with high tides and daily shifts. It notes war days remaining, days until Christmas and winter, and specifies tides around ten feet with morning and evening tides. It mentions the full moon on December nine and evening stars Jupiter and Mars, with morning stars Venus and Saturn.
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Jupiter
Mars
Venus
Saturn
Fishing craft tie up at pier with mixed fresh fish on sale
Thirteen fishing vessels including three beam trawlers tied up at the fish pier with a large amount of mixed fresh catch. The haul included 4800 pounds of cask and 69700 pounds of sered haddock and wholesale prices listed for haddock cod pollock hake and cask. Also noted is severe Atlantic weather observed by Captain Sigurd Aarvig of the Norwegian liner Nonega now in port with 2000 tons of freight to be distributed to several ports. A Danish steamer Gulfaxe arrived from Jucaro Cuba with 14992 bags of cargo.
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Atlantic
Sigurd Aarvig
Gothenburg
Christiana
Newport News
New Orleans
Havana
Large passenger list from southern Europe ships to Charlestown
The Canopic from Genoa Naples Palermo Gib raltar and the Azores brings 1830 passengers with 15752 boxes of lemons and goods for Christmas. The Kansan sails from Mystic Charlestown with 4500 tons steel 108 brass 100 pulp 21 machinery 23 nails 25 leather 596 provisions plus 1850 horses and 150 tons hay for French remounts. Lord Cromer loads grain and munitions at East Boston for Liverpool.
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White Star Line
Canopic
Genoa
Naples
Palermo
Gibraltar
Azores
Europe
Italy
St. Nazaire
France
Kansan
Forsyth
Mystic Terminals
Charlestown
Cunard Line
Lord Cromer
Boston
Liverpool
Landsman
Shipping News Arrivals List Notable Steamers and Tugs
Shipping news records numerous steamers and schooners docking at various ports including Noruega Aaring Gothen burg and Christiania via Kirkwall Gulfaxe Dandberg Baton Rouge and others with multiple tows and tugs noted. vessels travel between New York Norfolk Boston Portland Gloucester and Saint Andrews with freight and towing assignments listed.
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Noruega
Aaring
Gothenburg
Christiania
Kirkwall
Gulfaxe
Petersen
Santa Cruz del Sur
Jucaro
Cubs
Norfolk
Socony
Dandberg
Baton Rouge
T. Co
Kershaw
Johnson
Corsica
York
Bunker Hill
Crowell
New York
White Cap
Steele
Manitowoc
Wis
Montreal
Montreal; Governor Dingley, Linscott
Portland
Camden
Brown
Bangor
City of Gloucester
Limekin
Gloucester
Ernst T. Lee
Rawding
Perth Amboy
St. Andrews
N. B
Edward S. Bhveleth
Brocklebank
Ipswich
Charles E
Gallagher
Huey
Sandwich
Scranton
Undercliff
Batterns
James Woolley
Pierce
Passaic
Binghampton
Barges Towed Between Ports by Named Vessels and Captains
No. 6 New York Piedmont towing barges Nos. 14 from Portsmouth 21 25 from Baltimore Monocacy towing barge Bear Ridge from Philadelphia for Portland Charles W Parker Jr towing barge Grace for New Bedford tug will pick up barge Alice at Sewalls Point then to Newport for barges Sweetser Linthicum for Lambert s Point and Beattie for Philadelphia Juniata towing barge Caddo from Portland for New York Hugh Ross towing barges N T No 8 from Baltimore and Boylston for Searsport Me Sea King from New York towing barges W M Moore for Portsmouth R R L Co No 3 and Nesquehoning for Portland Vesta towing barge Sidney from Guttenberg for Lynn
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New York
Piedmont
Portsmouth
Baltimore
Monocacy
Bear Ridge
Philadelphia
Portland
Charles W. Parker, Jr
Grace
New Bedford
Alice
Sewalls Point
Newport
Sweetser Linthicum
Lamberts Point
Beattie
Juniata
Caddo
Shubert Loses on Fouls in Arm ory A A Opening Show
Al Shubert of New Bedford was outpointed by Frankie Brown of New York in twelve rounds with a final foul disqualification. Brown dominated most of the bout while Shubert showed rough tactics including repeated kidney blows. The card also featured Joe Connolly beating Walter Butler in a twelve round main event and two preliminaries Kid Lee defeating Young Bobbies and Kid Green drawing with Johnny Morris.
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al Shubert
New Bedford
Frankie Brown
New York
Armory A
Shubert
Brown
Joe Connolly
Charlestown
Walter Butler
Revere
Butler
Beach
Kid Lee
Chelsea
Bobbies
Haverhill
Kid Green
Memphis
Johnny Morris
Montreal
Casey Aids Somerville Ahead Of De Paul Clash
Somerville High football under coach Charley Dickerman hosted a standout practice with Harvard stars Casey Ryan Flynn and Fitzgibbons plus Metivier of Holy Cross and Greater Boston coaches. They drill ed backs on ball carrying sidestepping catching punts and interference and coached ends on blocking intercepting and passing. The session aimed to sharpen open play for the inter sectional game at Fenway Park against De Paul this Saturday.
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Harvard
Charley Dickerman
Somerville High
Recreation Field
de Paul
Fenway Park
Eddie Casey
Joe Ryan
Nelson Flynn
Fitzgibbons
Metivier
Holy Cross
Greater Boston
Casey
Notre Dame
Law
Mahoney
Twenty Five Tufts Men Given Letters
Twenty five Tufts football reas awarded letters by the advisory board meeting yesterday. Capt Wescott, Manager Coddington, Ol son, Powers, Lincoln, Hopkins, Spunt, Watson, Abbott, Jeffrey, Swanson, Tyler, Sanborn, Beacham, Haggerty, Algar, Pryor, Morrison, W T Brown, Jochim, Keefe, Mitchell, Drummey, Bratt, Doane receive first team letters. Second team players Summerville, McGee, Besse, Dewey, Cahoon, H Brown, Asst Manager Norton and Hunnewell receive second team letters.
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Tufts
Chaptain Wescott
Coddington
Olson
Powers
Lincoln
Hopkins
Spunt
Watson
Abbott
Jeffrey
Swanson
Tyler
Sanborn
Beacham
Haggerty
Algar
Pryor
Morrison
W. T. Brown
Jochim
Keefe
Mitchell
Drummey
Bratt
Doane
Summerville
McGee
Besse
Dewey
Cahoon
H. Brown
Norton
Hunnewell
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