Rise in Rediscount Rate Week's Finance Development
New York February reports the Boston and New York Federal Reserve banks raised rediscount rates to four and a half percent, with San Francisco holding at four percent. The move follows market tightening, signaling caution on credit use for speculation and aligning with higher regional rates. Market reactions were muted, though bonds dipped and cotton prices surged while industrial activity remained strong.
MENTIONED IN THIS ARTICLE
New York
Associates Press
Boston
Federal Reserve
Frier
San Francisco
Bank of Rediscount
Treasury
Poly
Federal Reserve Bank
Spa
Stromg
Imark
Tammany War Whoop for 1924 Convention
Frederic d. Haskin reports that Tammany Hall will again rally in the 1924 Democratic National Convention behind Governor Al Smith, its own candidate. The piece outlines Tammany's power, potential religious and prohibition issues, and the risks and implications for Smith’s bid amid party dynamics and past conventions.
MENTIONED IN THIS ARTICLE
Frederic d. Haskin
Washington
TD. F
Tammany
Tammanr
Tat Tammany
Vandi- Jabas
Tammany Gove
New York Democratic Organization
Smith
Jie
Fudge
Aljon B. Tarker
Renue
Esopus
Faurmany
New York
Woodrow Wilson
Neal Rotival
Ahere
Iron and Steel Prices Rise Amid Strong Demand
Prices of iron and steel climbed steadily since mid November with latest weekly index near the November peak and production rising. Pigs iron output reached a monthly high since October while steel ingots matched four year peaks, yet orders remain tight and mills run about 83 to 90 percent capacity. Wool stocks have fallen slightly as total world reserves drop toward an abnormally low level, with domestic stock reports showing shifts between dealers and manufacturers.
MENTIONED IN THIS ARTICLE
drumVrade ‘Review
Spee
Nancgy
Alvonswers
Jfuary
Apmeyius
L. §& Stes Corporation
Tolai
Local Produce Market Conditions and Prices Report
The telegram from the Marketing Bureau notes a firmer potato market in late week with price advances at shipping points and slow, sometimes damaged, arrivals due to cold. Cribbages onions oranges apples and other fruits and vegetables show varied firmness. beef and lamb steady with cattle and hogs firm. Retail price ranges for apples, grapefruit, box oranges, beets cabbage carrots celery lettuce onions potatoes and other produce are listed alongside livestock and grain prices and wholesale notes.
MENTIONED IN THIS ARTICLE
Wurn’sheg
State Board of Agriculture
Newlid Funcy
Hennery A
Taney
CHATLOS GRANTED $1,000,000 LOAN FOR 200 HOMES
The Metropolitan Life Insurance Company grants William Chatlos a 1 million dollar loan to build 200 detached dwellings on Long Island, with plans to expand to 368 houses. Chatlos forms a cooperative to manage operations, separating from Henry and Dave Keen, who have tied to 750 houses. Bridgeport contractor Wynisen to supervise, materials bought in bulk to control costs, with prices from 9,900 to 20,000 for single units and 13,000 to 10,500 for doubles.
MENTIONED IN THIS ARTICLE
Metropolitan Life Inara Peel Company
Wiliam Chataa
Bridgeport
As' Vorla
Long Island
Charles
Sus
Henry Iman
Dave W. Keen
Nee
Watford Lumber Company
John Heisman Starts Bureau of Coaches Tradition
A newly formed Bureau of Coaches is led by John W. Heisman former coach at Pennsylvania and Georgia Tech Heisman partners with Alex Yuyley to develop a plan supplying coaches to schools and colleges in a nation wide effort with a focus on wrestling history and Jefferson Lei Nuat initiatives.
MENTIONED IN THIS ARTICLE
John Heisman
Bureau OF Coaches
A Buteau
John W. Heising
Univerisity
Pennsylvania
Georgia Tech
Jefferson Lei Nuat
Alex ‘Yuyley
Hiro
Po Elearios
Jeb Keyes Plans Return to Track Competition
Local report notes Jeb Keyes, known as Rat Keyes, preparing for a comeback race at the university meet in Delaware. Youth athlete is listed at twenty four, with previous track experience and ongoing training.
Barnes brothers derail camp contract drama at Marlin
Virgil Barnes accepts terms after tense exchange with Hughie Jennings over unsigned agreement. Jesse Barnes seeks better deal and faces orders from New York.双方 pitchers show uneasy rapport but managers aim to smooth over dispute and finalize attendance at camp.
MENTIONED IN THIS ARTICLE
Alaelen
Jesse
Virgil Barnes
Allendanes
Hughie Jennings
Jennings
Barnes
Marlin
Ciants
New York
Insammeda
Marlin Paths
McGraw
Virgil
Jesse Barnes
Ing
Stoneham
Jesse Gray
Rome
Reading International football schedule elates club leaders
Mareb March 35 Mac G Moore president of the Reading Internationals told the directors at a meeting he was pleased with the schedule. The club will travel 71 miles less than last year thanks to the elimination of one jumps near Reading. The total miles to be covered by the Aces will be 5 490, down from 62 in 1982. Akron previously on the schedule meant more than 7 104 miles. Reading opens with Buffalo at Tou Park on April wm, as the nubihern lewams will appose in tou Ing to leave member s or the St. They will open the Ay y regulating season ay Buffalo on May 2.
MENTIONED IN THIS ARTICLE
Tammany
Smith
Gwain
William Jennings Bryan
Democratic Party
Serolera
Oregon
Cleveland
Tof TN. T
Sheengtly
Staith
Haas
Tha
Mayre
Aloiny
New York
Lewie Gresieg
Teamoney
Beal
Reading
Mareb
Mac G Moore
Reading Internationals
Reading Eich
Akron
Buffalo
Touer Park
Tou Ing
Mmenbers
St. Louis Cardinals Head to Camp in Florida
The Cardinals, led by Lifteen reermits and three regulars, will depart late today for Bradenton Florida to train. Manager Branch Rickey will oversee camp, while Bert Shotten is convalescing from appendicitis and expected to join soon. Salaries settled with players, and no issues reported as the team prepares to leave St Louis.
MENTIONED IN THIS ARTICLE
Louis Byaowas
Ivete Aero
Meyinisl
Movelay
Tnmoenhary
Index Numbers Explained by Professor Fisher
Professor Fisher lays out how index numbers measure price levels and purchasing power. He discusses averaging price movements, different calculation methods, and shows weekly index use with data from 1923. He notes inflation and deflation periods and their impact on wages, trade, and finances.
France to Issue Government Bonds at Six Percent
A decree authorizes the issuance of three, six and ten year treasury bonds paying six per cent. The official journal notes the issue price at eight, with subscriptions payable in cash except that two year bonds from 1929 will be accepted as payment for the new bonds. Redemption occurs at par in two years.
MENTIONED IN THIS ARTICLE
France
Associated Preas
Market timing and closing dates for assets noted
The projections indicate values at 100 now, 103 in 3.x years, and 108 in ten years. The asset named assne will enter market on Marely 5 and the pooka will close by Agril T at the latest.
Fisk Rubber Co reports 1922 profits and sales rise
New York stock notes show Fisk Rubber Co. earned 1,065,079 net after charges for 1922. Sales reached 45,402,441, up more than 13 percent from the prior year. Year end surplus stood at 3,528,492 versus 1,873,417 a year earlier.
MENTIONED IN THIS ARTICLE
New York
Fisk Rupper Company
Morehan
Cement shipments set three year record in January
Washington reports Portland cement production and shipments reached new highs in January, with about 5.5 million barrels shipped. Comparisons show gains over 1922 and 1931 figures, while January stock draws fell. Cement industry views reflect broader business recovery and continued building activity nationwide.
MENTIONED IN THIS ARTICLE
Ralph F. Couch
Washington
Feo
Portland
Soment
Milsim
Irving Fisher Weekly Index of Prices and Purchasing Power
The weekly index shows general price movements and purchasing power relative to 1913 and 1920. It notes the May 1920 peak, 147 percent above prewar levels, and 30.5 percent relative variance, with data derived from 260 price quotes and publisher notes from Dan's Weekly Review and the War Industries Board.
MENTIONED IN THIS ARTICLE
Irving Fisher
Houghton Mifflin & Co
Pollak Foundation of Gronomic Research
Newton
Mass
Dan
Wrar Industries Board
Also Mentioned on This Page
Department of Commerce
Bates
Department of Commerce and Agriculture
Dreve
Metropolitan Life Insurance Company
Astoria L. A
Saltman
Keen
ST. Louis
Professor Fisher
Professor Urves G
Msn
Polak Foundation For Economic Research
Gétoe
Polish‘ag
Wwe
War Industries Board
Dunn
Yodas
United States Bureau of Labor
Joan
Jean
Massachusetts
United
Sues
Hurega
Lahor Statistics
Wadena Resarye Board
Duns of
Bradsthella
Tibson
Hoes Anuatist
Babson
Nattural Industral Conference
Great Britain
Teome Iports
Fe. G
Sulad
Henry Tort and Company
Banka Commercial
Europe
Germany
Poland
Thestroy
Ciier
Rane
United States
Jayvers
freeTayamet
Rassiumins
Bia
Yin Scandal
Reginald Moker
Excheaer
Ghout
Kesepop Board of Congress
Paul Tito Sa
Elie
Fisk CO
Portland Cement
Irving Fisher’s Weekly Index
Alabama Power CO
Kansas Gas & Electric CO
Electric Bond & Share CO
Bridgeport Gas Light CO
Pennsylvania Power & Light CO
Hincks Bros. & CO
Main St
Bridgeport, Conn
Equitable Industrial Loan Society, Inc
Kioomt
Kalvdivit Ave
Conlin Company
Elm St
Conn