Bond Market Ends Week With Mixed Signals And Low Mood
New York May 29 Bond market closes with general dull mood despite several developments. Treasury financing plans loom, Second Liberty bonds face retirement. French gold moves influence reserves while Fed loan holdings rise about 50 million. May issuance totals lag April but exceed January. Phillipe Petroleum debentures 40 million carried strong sales.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Ding
Treasury Department
Sivedy
Federal Reserve System
Bank of France
London
Paris
Phillipe Petroleum
van Sweringen
Pere Marquette
Chesapeake and Ohio
Poland
Fisher Sees Need of All Banks in Reserve System
In a 1926 analysis Irving Fisher argues for including all banks with checking accounts into the Federal Reserve System. He credits the Fed with stabilizing currency and preventing panics, notes bank suspensions, and supports McFadden act changes to enable broader mergers and branch expansion while focusing on universal banking and a proposed check tax to enforce inclusion.
MENTIONED IN THIS ARTICLE
Fisher
Yale
Federal Reserve System
United States
McFadden Banking Act
Federal Reserve Board
McFadden Bank Act
Federal Reserve Bank
McIntosh
National Banking System
Purple Cap Bandit Killed in Elyria Street Fight
Elyria Ohio May 29 The Purple Cap Bandit killed during a street confrontation with police chief E J Stankard and officers after holding up a store and escaping with 650 The man died at the scene as officers surrounded by noon shoppers questioned his identity in a morgue later tonight.
MENTIONED IN THIS ARTICLE
Elyra
Ohio
Associated Press
Purple Cap
Elyria
E. J. Stankard
Isay
Fourteen States Concentrate U S Exports Led by New York and Texas
Analysis of 1624 export returns shows fourteen states account for about 79 percent of export value, led by New York with 701,249,763 and Texas with 648,091,054. Pennsylvania, California, and Michigan trail, while Mountain States exhibit lower outbound trade though Pacific Coast activity remains strong due to Orient sales and shipments.
MENTIONED IN THIS ARTICLE
New York
Texas
Pennsylvania
California
Michigan
U. S
West
Nevada
Union
Pacific Coast
Orient
Business Outlook Favorak In Face of Minor Drawing
The report shows mixed signals with steel operations modestly up and prices stable while freight car loadings exceed one million and rise slightly from the prior week. Flood damage and a coal strike affect various sectors, yet auto interest grows around Henry Ford’s new gear shift. Building and commodity prices trend higher though farming prospects shift with floods and weather.
MENTIONED IN THIS ARTICLE
Ford
New York
Associated Pres
Henry Ford
Ekennas
Dominion
Texas
Mellon
Also Mentioned on This Page
Federal Reserve
Irving Fisher
Yale Univer
Irving
Treme Chase
Ted
Develo Reserve Board
Mnament Securitie
Congress
Brg Bry
Wtrans
Marland Oi
Seagrave
Wik Horn
Martin Pacey
Reebaul
Adama
Ting
Matiileapn al
Rumely
Stoe
BT Ste
Uytat Co
Ou McCrary
UTM
Shubert
Ajax
Alaska
Allis Chalmers
Alova
Golon Amerada Corp
Federal Motors
Southa Dalry
Minn
Ray
Au Am Bosch
Montana Power i
Spalding
Lardas
Fleischimsoo
Moo Motors
Piet Corp
Amer
Freeport
Munisiogwear
Jen Daklog
Stromberg
Aerian Tess Bey
Hellas
Corp Som
Dale
Symington
Gimbel Bros
Texas and Pacific Ng
Goodrich
Lyea
National
Fatr Co
Gotham
Tidewater
Dhoo
Tle
Gulf States
Gulf
FAO
Norfolk and South
Underwood
Tyne
Norfolk
Helme
Wss
Halme
Saturn
Faeutle
van SP
Union Pacific
Bim
Am Woolen Pt
Howking Wall Bao
Nor Pac
Tinton Pacific Pi
Hoa and Co
Gat
Hollander
Norwalk
United Clerice Rig
Honsch Pro Inc
United Drug
Ava
Mowe Sound
West Sap
United Dye
Hudson
Omnibua
United
Arnold Conatah
Oppenheim
Asguc
Hupp Motors
Avco
Illinois Central
Motorey
St Meine
UR Froffman
Ind Motor
Aooo U
Pam Saeky
Inland Steel
Utah
A Steel
Austin Nichols
Baldwin Tocom Austin Nick
Trier Agricntt Bed Ag
Baldwin Loco
Ae 323 Ag
Agricort
Penick Ford Pt
Penn Coal
Internat Cement Int Cement Pt
Penn Dixie Com
STE Pi
Jason Intl
Mutch
Vietor T M
Fuynk
Cary
Philadelphia
Virauilou
Beldin
Hem'way
Valen Petin
Bethlehem Sterl
Eya
Amatos
Philin Merris
Blumenthal
Phillips
Jiesler
Booth Fisheries
Town Central
Am Hoc iv
Walner Co Zor Aor
Booth
Jonen Bros
Pitts
MIP I Wabash
Crosby
Kan City South Hd
Kan City
Brunswick
Kelly Springfield
Orr West Pacific
Bruor Balke
Purna Bros
Kinney
Westinigh
Weston
Pullman Co
Weston A
Butterick Ag
Taclede Gas
Byera Co
Byers Co
Aagne Lehn and Fink
Valley
Radio Corp
Willy Wirk
Calumet and
Ariza RaoRao
Myers Tiggett
Fladwast Secur
Wiken Co
Overland
Lima
Wilken Co
BODO
Wivion Cope Ag
Toews Inc
Woolworth
Taoae
Forlard
Tre Cyeam Ag
Tai Wrigkey
Jarillard
Ely and Co A
Vale and Towne AG
Bay
Jersey
Louisiana
Yoo
Ganeh ‘ Ag
Louisy and Nash
Ayaa
Reynolds Springs
Macy and Co
Rutland
Mallingen
Joseph Tu
San Ir
Btue
Rita
Manhattan Hice
Savage Arms
Maracaibo
Th &T PM
Chile
BBY
Christie Brow
Anett Peabody
Col and Ranthern
Cougsens
Consol Cigars Ag
Cuba
Cushman
Detroit
Douglas and Peet Ba
Pont de Sand
Fastman Kodak
Duquesne T
Hisentoin
Cawarioge Associatas
Ang Foe
Oriei
THE
Bank and Insurance
Bankers Capital
Americath
Ireing Trust Co
Bank of America
Rae Bank of Manhattan Co
Bank of N.Y
Benesco
Bank of United
Bank of United Stater
Banker Trust Co
Bowery Hunt River Ny
Brockton_ Truat Company Central Union
Continental
Fidelity Phi
Glens Falla
Globe & Ry
Great American Bre
Hanover
Mortfora
Home
Insurince ‘Co Artis Meri
Niagara
DOT New York Casualty
Aturveranb
Eave
Bla
Caplt Tr N.Y
Pedros Bankers Cap
Banker Cap, Corp. NP
Southern Surety
United Loan
Fairuela_ Ave
J. E. Patterson
State Street
Wet Bridgeport Trust! Company
Noble
Automatic Movie Display Corporation
Edwin Wolff and Company
Broad St
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