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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Dec 07, 1920
Page
37
The page reports bond market activity across U.S. government transactions with quotations from interpartes desks. It lists yields, prices, and notable moves, citing various issuers and agencies while noting fluctuations and instruments in the trading day.
Reports indicate gold sent from India to settle balances is returning to the United States via London and Tokyo with Japan also taking a share. Morgan & Co and British bankers move funds as Argentina’s loan terms are adjusted, reducing the outstanding debt before year’s end. Gold shipments to England and India influence ongoing war financing, with renewed activity in New York and London markets.
Bankers and industrial leaders in Chicago weigh forming a 10 million dollar Foreign Trade Financing Corporation to bridge the credit gap for American producers. If the meeting succeeds, the national body would finance foreign trade, drawing on vast resources to sustain markets built in recent years and to command public confidence.
Two bankers were re-elected to Federal Reserve director positions. The report notes ongoing service since earlier terms and mentions several named individuals and banks in connection with the Federal Reserve structure.
The New York Sub Treasury at Wall and Nassau Street ends its active role as the Federal Reserve Bank of New York assumes duties. Officials discuss transitional steps, noting the Treasury transfer will affect local operations while officials reevaluate future arrangements. The shift includes moving most functions to nearby offices and the involvement of the U.S. Treasury and Reserve Bank oversight.
Fragmentary OCR text provides scattered phrases and names, unclear context, no identifiable event, date, or organization. Reads like a damaged notice with several partial terms and possible proper nouns, unresolved connections, and no coherent summary to extract.
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