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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Aug 16, 1921
Page
8
A wartime commission discusses equitability of livestock freight in the Western and Mountain Pacific districts. It considers voluntary cuts of up to 5 percent, with emergency reductions already in effect, arguing current rates may not curb movement or costs. Officials note rail revenue declines and industry pressure to spur demand without drastic fare drops.
A fragmented survey discusses merchant credit drafts at 60 days, immigration limits affecting residency, and bank support for travelers. It covers letters of introduction, travelers checks, and bank liaison for letters of credit while noting rail and regional conditions and advising caution with notes left at home.
The report notes no major new developments in business conditions over the past week yet highlights underlying improvements. Increases in bank reserves, lower interest rates, a rising stock market, and selective industrial upticks point to future expansion as savings rise and public thrift grows.
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