War needs push government borrowing on corporate funds
Financial observers note government war borrowing is diverting private and corporate financing, shrinking May corporate borrowings to 50 million dollars from April's 150 million and May 1916's 185 million, signaling tighter markets as Treasury payments and Liberty Loan drives drain funds.
MENTIONED IN THIS ARTICLE
United States
Wall Street
Great Britain
Clearing House
Treasury
Federal Reserve Banks
Treasury Department
New York
Stock Exchange
War Economy and Finance Outlook in 1917 Britain and U S
A period overview notes the war impact on industry and agriculture, citing missteps in tool production, the Liberty Loan first installment, selective service expansion, and labor shifts. Bankers Darth Doherty and Ripley discuss business activity, price pressures, and the aim to sustain prosperity without unemployment as war demand rises.
MENTIONED IN THIS ARTICLE
Europe
Atlantic
General Pershing
First National Bank of
Foxton
Atchison
E. P. Ripley
Atchison, To
Santa Fé Railroad
Henry L. Doherty
Liberty Loan Committee Donation Notice
Government rests with you space donated to the Liberty Loan Committee by Harvey Fisk and Sons and Redmond and Co. An appeal appears to support wartime fundraising and public duty.
MENTIONED IN THIS ARTICLE
Harvey Fisk & Sons Redmond & Co
THE
Liberty Loan Committee
Banks Act to Halt Financial Aid to Enemies Worldwide
Federal Reserve Board orders all banks to scrutinize transactions involving alien enemies. Instructions target foreign exchange with neutral Europe and transfers to neutral countries by cable or draft. State Department urges vigilance over credits to Mexico and Latin America, with bank examiners assisting compliance nationwide.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Washington
Federal Reserve Institutions
State Department
United States
South America
Mexico
Ita
Japan
Federal Serve
At Department
Europe
Beard
Scandinavian Trust Co Opens Today
Formal opening of the Scandinavian Trust Company a new banking institution at 58 Broadway with ties to Norway and Sweden. The group lists Ostrom as president Barth as vice president and J C Traphagen as secretary. The firm capital 1 000 000 and a 1 500 000 surplus.
MENTIONED IN THIS ARTICLE
Scandinavian Trust Company
Norway
Sweden
Broadway
Alexander V. Ostrom
Northwestern National Bank of Minneapolis
Barth
J. ¢. Traphagen
United States
New York
London
Paris
Petrograd
Knut Rachke
Andresens Bank of
Christiania
Anders Bo
R. R. Brown
American Surety Company
William R Coe
Johnson & Higgins
Virginian Railway
Gerhard M. Dahl
Chase National Bank
W. Edward Foster
American Sugar Refining Company
Samuel
Fuller
Kissel, Kinnicott & Co
Edward F. Geer
Charley Haight
Haight, Sanford & Smith
Edward C. Holter
Frederick W. Hyoslef
Bennett, Ivoslet & Co
N. Bruce MacKelvie
Mayden,Stone & Co
Ringer Osland
E. A. Cappelen Smith
Guggenheim Brothers
Fire Loss Grows As Amount in Risks Increases
New York State Insurance Department reports 275 fire fire marine and marine companies held $267 million in admitted assets up from 1918 with total income $624.8 million and underwriting gain of $25.9 million. Premiums rose to $499.2 million while losses and expenses rose modestly, and total insurance in force reached about $71.1 billion.
MENTIONED IN THIS ARTICLE
Albany
New York
New York State Insurance Department
Inet
United States
United
Swiss Rail Deficit Deepens as Earnings Edge Up
The Swiss Federal Railways report a deficit of 18.7 million francs for 1916 after debt charges. Gross earnings rose 1.526 million francs from 1915 but remain 20 million francs below 1913. Net receipts total 66.6 million francs, with interest and sinking funds consuming most of the income.
MENTIONED IN THIS ARTICLE
Switzerland
Franes
IMD
Vcore
BOR Uga
Swiss’ Bank Corporation
Our Army-Only 44 More Days to Buy a by
The notice states a shortened sales period with a deadline of 44 days for an army related purchase or program. It references potential eligibility and purchase constraints affecting participants.
Also Mentioned on This Page
Finance Economics
Mills Building
Broad St
Telephon
Hanover
Russia
Implement and Tractor Trade Journal
American National Bank of San Francisco
the Liberty
National City Company
Rhoades & Co
A. A. Housman & Co
A. H. Bickmore & Co
Reserve Board
Scandinavian Trust Co
Jesse
Phillips
Nebraska
Swement Avi Tractor Traae Journay
State Conservation Congress
Omaha
United State
Argentina
Germany
Reichstag
Bohemia
Molnbacka Trystt Company
Svelyik Pasper
United Kingdom
British Guinea
Our Navy
Liberty
Bond
the Farmers Loan & Trust Co
John Muir & Co
Henry L. Doherty & Co
Knauth, Nachod & Kahne Harriman National Bank
Metropolitan Trust Co
Carl H. Pforzheimer
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