Cheap Low Interest Rates Push Bond Issuance
AAP reports a broad advance in U S government bonds signals long lasting low rates and sparks increased bond issues by industrials to fund improvements or working capital. Banks and insurers favor long term, low return investments, with issuance accelerating as rates trend downward from 3.31 percent in 1933 to about 2.40 percent after the post election rise.
MENTIONED IN THIS ARTICLE
Associated Press
New York
U. S
Wall Street
United States Treasury
Money Supply and Rates Signal Ample Funds for Industry
Federal Reserve data show average yields on 120 issues at 5.88 percent in 1933 and 3.74 percent on Oct 21 this year. Bank loan rates also declined, with eight northern and eastern cities excluding New York dropping from 5.34 percent in 1933 to 3.45 percent last September. Analysts say several large low-rate bond issues have drawn strong investor interest, suggesting ample funds for legitimate business and industrial needs, returning from dormancy when opportunity arises.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
New York
Montana Holds School in Trailer
Libby Montana trustees built a schoolhouse on wheels to teach five pupils on a ranch fifty miles from Libby. If successful, more trailer schools may be created and hauled to isolated districts where winter snows prevent bus rides to rural schools.
MENTIONED IN THIS ARTICLE
Associated Press
Libby
Mont
Little Mary
Montana
Lincoln County
Jail Tree Found in Harlingen Tied Prisoners to Hitching Post
A historic jail tree in Harlingen Texas, once used by rangers during border days, was rediscovered and identified by a chain embedded in the wood. Prisoners were tethered to the tree with a chain before transfer to the Brownsville county jail, and the tree stood within a surrounding corral.
MENTIONED IN THIS ARTICLE
Associated Press
Harlingen
Tex
Texas Rangers
Brownsville
Turkeys Branded To Fight Thefts In Colorado
Denver reporters note Western ranchers have branded turkeys with tattoo marks and burglar alarms to deter turkey thieves amid a record turkey crop. Farmers fear thefts as gobblers reach market weight and implementors aim for deterrence through branding and alarms.
MENTIONED IN THIS ARTICLE
Associated Press
Denver
Colo
Colorado
Mark
Turkeys Stolen in Rural Night Raids Undermine Markets
Ben H. Cook, field organizer, notes large growers use burglar alarms while smaller raisers let turkeys roam openly, making them easy targets for night rustlers who steal by the truckload. Brands and numbered pens are cited as deterrents.
MENTIONED IN THIS ARTICLE
Ben H. Cook
State Director of Markets
Cook
Also Mentioned on This Page
Banks
Trailer
WIGHT
Ruxton
Maryland
Liberty Distributors, Inc
Dundalk, Maryland
Hash Clothing Department
Beckley
Woodbury
Woodbury’s Face
Allo
Conan Tul Ocaniecnen
Woodbury’s
Perfume
Rouge
Wm. A. Woodbury’s
White Cross
Pharmacy
Shankless
P&g
Ber Odc
Pillsbury
Country Club
Raleigh
Scott Tissue
Curtis
Wyandotte
Kool Cigarettes Lifebuoy
Rinso
Oxydol
Starr Brand
Camay
Tissus
V. Om
Rar
Iceberg
Florida
Kale
Grimes
York
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