Market Outlook and Limits of Bank Reserves
The piece surveys postwar forecasts for boom and retrenchment, noting leaders like Taussig Hepburn and Lamont anticipate cycles of expansion and cooldown. It contrasts prewar barometers with Fed reserves, arguing reserve ratios and possible rate hikes curb inflation and deflate speculation, suggesting no repeat of last year’s stock market in 1929.
MENTIONED IN THIS ARTICLE
Federal Reserve System
United States
Bank of England
Loss feared for whaling schooner Woodruff at sea
New Bedford January 4 Hope has practically been abandoned for the safety of the three masted whaling schooner Arthur W. S Woodruff which sailed November 6 for the Cape Verde Islands. The Woodruff left as hurricanes and severe weather raged in the north Atlantic with twenty aboard including five or six whalemen and the rest as passengers seeking return to the islands.
MENTIONED IN THIS ARTICLE
New Bedford
Arthur W
Woodruff
Cape Verde Islands
North Atlantic
Hayden Stone & Co Outlook on Postwar Markets
Hayden Stone & Co and Tucker Hayes & Bartholomew offer a cautious yet optimistic view of postwar markets. They foresee high prices for equities amid continued industrial prosperity, with potential overbought conditions and a shift toward steel copper and machinery as demand grows while luxury goods soften. They expect money to tighten temporarily and emphasize rails oils and copper as likely leaders in 1920.
MENTIONED IN THIS ARTICLE
Gary
Schwab
Carver
Taussig
Hepburn
Lamont
J. P. Morgan & Co
Europe
New York
United States
Global trade and exchange rates threaten postwar recovery
The article notes Europe and the United States suffer from a collapsing balance of trade and plummeting exchange rates after 1916. It argues the fall harms both hemispheres and requires universal attention to resolve, as Europe seeks raw materials for survival and rehabilitation.
MENTIONED IN THIS ARTICLE
Europe
1919 Industrial Reports Seen as Drab and Tax Oriented
A cautious view notes that 1919 industrial reports will be disappointing, crafted for tax purposes and conservative in tone. The expectation is a sobering short-term effect, but by spring the gloom will fade amid a flood of favorable news.
Optimistic outlook for US business and stock market
The article notes Charles M. Schwab’s optimism about US markets and exports as the country adapts to wage levels and exchange fluctuations. It cites anticipated higher sterling, ongoing peace, and potential railroad strikes as limited disruptors, with a general push toward industrial peace and strong equity buying. It advises investors to seek well-seasoned industrials, particularly copper and steel, amid a recovering money market.
MENTIONED IN THIS ARTICLE
Federal Trade Commission
Department of Justice
Sterling Exchange
Charles M. Schwab
United States
Money Market Rates Across Brokers and Loans
Outside brokers report quick calls at 10 percent. Customer brokers loans at 1 percent. Individual car loans 6 percent. Personal customers loans 6 percent. Commercial loans 6 percent. Commercial paper 6 percent. Year money 6 percent.
Residents fish through the ice for eel smelt and cod in Quincy area
Residents of Quincy and Weymouth found a way to cut living costs by ice fishing for eels, smelts, and tom cods. Notable anglers include Bernard Johnson of West Quincy and J Donnack of Quincy, who praise the skill needed and note shelters against the cold wind as the season peaks.
MENTIONED IN THIS ARTICLE
Weymouth
Bailey's Wharf
Quincy
Bernard Johnson
Copeland Street
West
J. Donnack
Edison Park
Mr. Donnack
Unclaimed baggage at Boston and Maine station listed for auction
A 1920 notice from General Baggage Agent G V Worthen lists unclaimed baggage at the Boston and Maine Railroad station in Boston. Items include dress suitcases and various bags with numerous owner codes and pickup notes, set to be sold after six months if uncalled for.
MENTIONED IN THIS ARTICLE
Boston
Mass
Boston & Maine Railroad
B. & .M. Claim
G. T
Os Yea
M. C
C. V
C. G
A. T. Co
M. CG
Gowen's Express
Bek M
Penna. c. 0. d
N. Con Cb
Casey's Express
AT. Co
O. d
G. V. Worthen
Unclaimed Articles Listed for B and M Union Station
The Union Station Boston list dated Jan 1 1920 items unclaimed in the Parcel Room will be sold at public auction after six months if uncalled for. The notice lists numerous numbers across boxes bags and hats with the superintendent Quilty signing for the Terminal Division.
MENTIONED IN THIS ARTICLE
Boston & Mainh Railroad
Union Station
Boston
Mass
Quilty
Navy Sealed Proposals Sale of Vessels in Districts
The Navy invites sealed proposals for sale of Coast Torpedo Boats Nos. 1 through 17 and the MacDonough, plus the yacht Wasp, currently in Philadelphia and Norfolk. Bids due at 12 noon February 2 1920. cash to highest bidder above appraisal. right to reject all bids. Access forms and terms from the Bureau or district Commandants.
MENTIONED IN THIS ARTICLE
Bureau of Supplies and Accounts
Navy Department
Washington, D. C
Naval District
Norfolk
Also Mentioned on This Page
Mutual Divide
ST. Lawrence
Mt. Washington
Snake Range
Nevada
U. S. & M. Petroleum Co
Boston Curb Exchange
George L. Ware & CO
Congress Street
Prophets
Boom and Reaction
Fontinsie¢ Motton & Co
West Virginia
Texas
William P. Gorman & Co., Inc
State Street
Fort Hill
Universal Tide Power CO
Canal Street
Ohn A. Knowlton
Treas
Republic Oil & Refining Co
James A. Jones, Jr
The
Edison Electric Illuminating Company OF
U. K. Cummins
International Paper Company
Owen Shepherd
Tresaurer
Maine Fisheries Corporation
Boothbay Harbor
Maine
J. J. Mahoney & CO
State St
Richmond
Mutual Divide Mining Co
Geo. L. Ware & Co
Hope
B. P
E. M. Fuller & Co
Consolidated Stock Hxch
N. Y
Broad Street
Albert S. LeCount & Co
Exchange St
Hayden, Stone & Co
Richardson, Hill & Co
Wrenn Bros. & Co
Elmer H. Bright & Co
Hunt, Ellis & Co
Wall Street
Tucker, Anthony & Co
Spencer Trask & Co
Great Britain
France
Belgium
Italy
New England
Geo. E. Mitchell
Water St
the Post
Internat
A. F. Dow & CO
Hugh J. Dimond
F. L. Milliken & Co
Burgess, Lang & Co
Money Market
Harry Levi
Temple Israel
Commonwealth Avenue
America
Jesus
School of Commerce and Finance
Northeastern College
Boston Y.m.ca
Huntington Ave
Back Bay
United States Railroad
Joads
General Baggage Dept
B. & M. Railroad
NAVY
Josephus Daniflss
Secretary of the Navy