Federal Reserve’s Rate Cut Explained by NY Bank
The New York Federal Reserve Bank explains its discount rate cut from 4 1/4 to 4 percent as reflecting current credit conditions and market rates. Bank activities show rising bill holdings, steady gold reserves, and changes in deposits and circulation, while the overall credit position improves with fewer business reverses in May.
MENTIONED IN THIS ARTICLE
Federal Reserve
Lille
Ber Harks’ Desposits
Bull Holdings
New York Federal Reserve Bank
New York City
Ling Ihrometa
Brena
Stout
Treasury
TikeiterHedecessors
Federal Reserve Banks June Market Report Summary
The June close reports U S bank reserves and currency in circulation, with mentions of Federal Reserve facilities and deposits. Figures show reserves and rates, reflecting monetary stance and liquidity conditions, alongside market activity and Federal Reserve notes. The document outlines overall financial system status and related instrument values.
Market Liquidity and Bond Rates in June Review
The piece notes Liberty and Victory bonds trading near par on the Stock Exchange through June while interest rates fall. It attributes the decline to Treasury operations around tax day and ongoing commercial loan liquidation at banks, driven by new corporate securities and mortgage debt shifts.
MENTIONED IN THIS ARTICLE
Liberty Bonds
Victory
Stock Exchange
Treasury
Bank of France and Germany publish weekly reserves
Paris and Berlin report weekly bank statements detailing changes in reserves and liabilities. France notes reserve ratio around 10 percent with small shifts in discount rates while Germany lists total holdings and treasury interactions, reflecting liquidity movements and currency flows across the two central banks.
MENTIONED IN THIS ARTICLE
Bank of France
Paris
Berlin
Germany
Ewchan
Railroads in Northwest See Net Income Gains in May
North ern Pacific Great Northern and Omaha lines report solid May results with higher net operating income. Northern Pacific up 1 070, Great Northern gains 721 002, Canadian Pacific declines, Interurer amounts to 949 03. Rock Island increases 787,606 in gross and 245,004 in surplus at Northern Pacific.
MENTIONED IN THIS ARTICLE
Northwest
Northern Pacific
Great Northern
Omaha
Canadian Pacific
Inter
Rock Island
Paettie
Trade-up campaign questioned by chamber official
Alvin E. Dodd of the United States Chamber of Commerce says price features in men's clothing advertising have been overemphasized. He argues merchants should stress quality and fair pricing, noting the public distrusts cheap goods as true economy.
MENTIONED IN THIS ARTICLE
Washington
Alvin E. Dodd
United States Chamber of Commerce
Bankruptcy Petitions and Assigned Debtors in United States Court
A chaotic OCR list details petitions in bankruptcy and related assignments in a United States District Court. It names multiple debtors such as W. Ith and Amsterdam Avenue entities, with schedules showing liabilities and receivership notes, alongside a long roster of individuals and firms linked to filings and judgments in New York County and surrounding regions.
MENTIONED IN THIS ARTICLE
Amsterdam
Naninptey
Senelvere
Dan Serra
Wiliam Becht Se
Charlie Shengoed
Genge Co
Reheduten
Aled Ketergay
United District Court
Sqraia Fene
Linmutien Lite
Liabishien
Laablitttes
Leste
Perens
Tedore Gimetere
Satisfied Judgments in New York County list of debts and dates
A historical notice lists satisfied judgments in New York County with creditor names, debt amounts, and filing or satisfaction dates. Entries show various individuals and entities such as Beth David Mosphel or By Noe raver, dates in 1318 and 1921, and sums like 3,600.00 and 7,800.00, reflecting discharged obligations.
MENTIONED IN THIS ARTICLE
LQGT
Beth David Mosphel
Noeraver
Keme—J Rheintranke Co
Tre Hametenty
Berrurtmian Hicker
Orp
Oeal
Wiliams Mealy Wettien
Wecmledy
Tame
Hines
Wobert
Ana
Columbia
Ah Traeueat
Brett Retere
Mulvente
Burety Comparne
Murns Madeline
Shae
National Bank Branches Opposed by Crissinger
Washington June 29 Comptroller Crissinger faces a policy decision on national bank branch rights He favors considering branches case by case rather than issuing a broad ruling He believes the law allows new offices where competition and conditions warrant but national banks with separate offices and capital cannot operate as one bank
MENTIONED IN THIS ARTICLE
Washington
Crissinger
Cnnditto
New York Telephone Sees Over 70000 Subscribe For Preferred Stock
More than 70000 subscribers in New York Telephone Company territory applied for shares of the 60 percent cumulative preferred stock at par. By 6 o clock many more subscriptions were anticipated as the issue was heavily oversubscribed. Applications were collected by company employees and are being checked for allotment. No payment should be made until official allotment notice is received.
MENTIONED IN THIS ARTICLE
Reapon Ible
McCulloh
Lima Locomotive Dividend Declared for July 31 End
Directors of the Lima Locomotiv Works yesterday declared 9 dividend 1 per cent on the preferred stock for the quarter ending July 31. A rate change enables distributions on both preferred and common stock to be payable on the same date. The dividend just declared is set to September 1 to stockholders.
MENTIONED IN THIS ARTICLE
Teton & Maine
Syston
Sane
Aines Faed
Tarren
Yayanie
Georeia
Menge
Indiana
Jane Dane
Tae Paul
Manenpatie
Miami
Minneapolis
Milwaukee
Klee
Nave Beata
Vive Font
Ana
Peroni
Pictavaren
Warner
Jane
Wittshuren & Weini
Mar Gress
Talanee Swhaters
Srav
Jerome
Pasos i. Pelt
Dsaat
Wren de Nev
Caewme Aeaat
Gescers
Lima Locomotiv Works
Retail Trade Gains Continue In Mid-West Over Year Ago
Chicago reports April and May retail trade in the Seventh Federal District rose over the previous year. Each firm shows sales gains with coal-region firms leading while shoe dealers show declines. Production, machinery, and automobile output rise, with May sales up from April and farmers buying machinery cautiously.
MENTIONED IN THIS ARTICLE
Mid-West
Chicago
Federal Reserve
Buittons
Federal District
Iisuted
Fort Inlet
Holy Firma
Mont General
Distriet
Tansenget
Commercial Credit Holds Back on Expanding Accounts
Commercial money remained quiet as credit officers limit expansion of receivables. Dealers face moderate strain while discount rates for commercial paper ranged from 4 to a percent. The American Acceptance Council posted latest rates for prime bankers acceptances eligible by the Federal Reserve for panel banks with varying terms.
MENTIONED IN THIS ARTICLE
American Acceptance Council
Federal Reserve
Bank of Japan moves to curb cocoons speculation
Yokohama June 29 Initial steps to curb fluctuations in the Yokotirin raw silk market have been taken by the Bank of Japan. It will refute cocoon speculators and seeks cooperation from other banks. The volatility is linked to a short cocoon crop and gambling opportunities this spring, with effects already felt inland.
MENTIONED IN THIS ARTICLE
Yokohama
Bank of Japan
Foreign Installment Plan Aims to Boost Latin Trade
Washington June 29 The Inter American High Commission explores applying installment sales to foreign trade with South America. C F McGuire says efforts seek a conditional sales basis allowing North and South Americans to transact with title staying with the seller until most of the price is paid.
MENTIONED IN THIS ARTICLE
Washington
United States
Inter
American High Commission
C. F. McGuire
Lumber market and radio industry notes in July slump
The week’s lumber review signals a gradual decline in yellow pine with hardwoods steady due to ongoing demand from building and furniture sectors. In Germany, June 29 reports a severe radiophone industry slump as U.S. demand collapses, with prices falling and American buyers attempting to cancel orders.
MENTIONED IN THIS ARTICLE
Berlin
United States
Unclear OCR Summary of Produce Packing and Prices
Fragmented text lists produce items with weights and prices, mentions country produce, packing grades, and regional references. Includes scattered numbers, brands, and unknown terms. content is garbled, with several illegible phrases and misread names making precise extraction unreliable.
Building Ahead Of Trade Revival Says Platten
A survey by United States Mortgage and Trust Company reports generally improving conditions in business and industry. John W. Platten, president, says optimism is tempered by caution as industry trends toward a healthier situation. Construction activity is expected to ease rent pressures in housing, with past shortages easing due to new building, though costs should be carefully scrutinized and discounted where possible.
MENTIONED IN THIS ARTICLE
United States
Mortagage and Trust Company
John W. Platten
Bussan Apnes
Trade Buying Surges in Four Regions Despite Seasonal Slack
The Credit Clearing House weekly merchandising report shows purchasing gains in four of six regions, with mountain, North and middle agricultural areas up while Pacific Coast and Eastern sections fall. The countrywide buying is 1 percent ahead of last year but 22 percent below two years ago, with indebtedness rising and payment activity up 2 percent yet down 5.9 percent from last year and 92 percent from two years ago.
MENTIONED IN THIS ARTICLE
Credit Clearing House
Pax Rifle
Mallinson Sales Rise in May, Silk Industry Improves
Mallinson Sales Increase 49 percent in May from the previous year, announced yesterday. Mr Mallinson, in the financial district, reported general improvement in the silk industry and progress in the company’s performance.
MENTIONED IN THIS ARTICLE
Mallinson
H.R. Mallinson & Co
Provident
Financial
To Receive Mine Property Bids In Oklahoma
Washington June 2 Secretary Fall announced the Interior Department would receive bids on and before July 15 for the operation of mining property on about 1000 acres of restricted Indian allotments in Oklahoma where existing leases soon will expire.
MENTIONED IN THIS ARTICLE
Washington
McChord
Interstate Commerce Commission
Kansas
Oklahoma
Texas
Mentenm
the & Orient Railtich
Fall
1Unor Department
Menswear trade shift fo Minervoan Brothers Inc
Fragmentary OCR notes describe a change in distribution for Minervoan Brothers Inc a manufacturer tied to Ui Aiglon wash. The text mentions ready to wear and wholesale trade, with plans for a settlement by a specific agent on a Wednesday, and a general meeting or event indicated but not clearly detailed.
MENTIONED IN THIS ARTICLE
Eeacon
Minervoan Brothers Inc
Ui Aiglon
Ate
Vair
Nis Agi
Marine Orders Prom The Tribune's Washington Bureau
Washington dispatches detail naval movements and orders issued to officers and ships. Capt. T.9 Quantic vane Lt FB, to Philadelphia. Maj WY to Mayen. Mab Ce Ue Lowtire Meigs to Quantien Satan. Con We M0. Washington arranged in haste. Lamond aboard.
MENTIONED IN THIS ARTICLE
Prom
the Tribune
Washington
Satan
Harnsa
Advertising Leaders Highlight Global Trends in U.S. Markets
Sir Charles Pignat of London urges American advertising to lead worldwide growth. The talk, delivered in Milwaukee, frames ad usage as a driver of business and forecasts improved hosiery and underwear trade, while signaling higher prices for fall goods amid broader advertising momentum.
MENTIONED IN THIS ARTICLE
Charles Pignat M
London
Britain
Towle B. Kotland
Charles
Orther
Charen
Mr. Holland
Milwaukee
Associated Ad World
Charley Wil
Magna Metals Receiver Appointed in Censere Case
Chancellor Parker appoints John A. Bernhars as Receiver for Magna Metals Cate poration with authorized capitalization of 120000 dollars. Application for statutory receiver was filed to September 1 and expected to complete organization.
MENTIONED IN THIS ARTICLE
Magna Metals
Wark
Jane View
Parker
John A. Bernhars
Magna
miscellaneous storefront notices and ads fragment
Fragmentaryadvertising page lists shops in several cities including Los Angeles Portland and others. Items mention wallpaper dress shoes hats fabrics and household goods, with partial names and addresses and prices scattered throughout the damaged text.
Also Mentioned on This Page
Federal Reserve System
N. Y
Benis
Federal Reserve Banks
The
Aire Federal Reserve FS
Janet
Eric Tint
Suenera Ene
Apt Eaton Teete Eos
Eos “Anisin
Bot Receses
Thane Lapeoesnny
Federal Reserve Bank of New York
Moon Fund
Ana Hirano
Bank Wenozi
Feng
Petera
Euauit
Pani Tata
Wilver
Remiere
Seription
Emaine
Liabiley
Bil
Ansday
Warren Te Srettacouna
Forest
New York
Bank of England
Discount S
Bank of Germany
Northern and
Tneam Great Northern
Urypter
New York County
Arrow Boas
Orang
Sa Benditen
Char Tom Institute
Mushnell
Alvah PF — Clandene Teary Caine
Manfield
Bilan
Oh Ho
Taine A Clarke
Thomas Pop
Sinythe Caxeaites Camp and Improvement Co
Tenvalere
Col
May
Willinis
Maine
Ry. Pécalar Pratise Ce
Meaiar Transe Te. Inc
Keane
Frank
Iansan Ciate
Nase Pettey
Prost
Minry Rok
Chianti Hen Winkelersinc
Tex —Pitelity & ‘Aaity
Portes Alautium Producte Corpn
Santer Finae’ & Bait Co
Trai Valley Coal
Merewsta
Tooden
Telia Chem
Masasele
Ryveeien
Mlekant
Aryoil Micha
Cabakan
Merman
Amer Beatty Caim
Damint
Mayfair
Rapine
Aries
Niet Abrodan
Uae
Neagaal
Nesiele
Wietotts Lanie
Hanchen
Dane
Enna
Brome County
Heone
Troreuch Gaenge
Baretian
Merrie
Cape Trad
Ehenbere
Hasa
National Bank
Lima
Business News
Chicago Reserve Bank
BU Moore
Jerey
Mearby
Reestvern
Carolina
Tsar Arctina
Virginie
Grand Trunk
Bas
Fiat
Tia-Totet
Nor 'Arite FF
Beato Renting Co
Iyi
Platten
Marine Orders
Higham
Uosiery
Miwaakes
Anal Asoti
Dale Service
Teschwite Seer
Avame
W. Greenwond
Wall Paper
Eeiak
Froedman
Te Levian
Dreamer Pennegatin
Philipeborn
Wao Rees
Teernards Mas M
Schwarte
Los Angeles
Greenberg Bere
Satstes
Afon-Wibro Ce
Portland
le Dunittley Toon Company
Sake
Menortine Ca
Wilkee Harre
Pst
Mighasia, Iy
Martinis Wilman
Dannenbaw
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