Babson on Credit, Money Flow, and Federal Reserve
The article discusses fears about Reserve Ratio figures at Federal Reserve Banks and New York banks amid abundant gold and crop movement. It argues cash is sufficient for legitimate needs if payment discipline improves, contrasts cash businesses with credit-heavy firms, and urges prompt bill settlements to revive prosperity. It notes the Babson chart shows 10% below normal.
MENTIONED IN THIS ARTICLE
Reserve
Federal Reserve Banks
New York
Mr. Babson
Babson
Evergreen Club Meeting Postponed to October 19
Town Line North Sept. 26 The Evergreen Club meeting is postponed to Wednesday afternoon October 19 with Mrs. Grant Freeland of Murray Ridge as hostess. Mr. and Mrs. Wm. Schubert of Elyria visited the Delefields. Mrs. G. W. Spiegelberg visiting daughter Mrs. Jay Fowls in South Ridge. Mr. and Mrs. Joe Coverdale enjoyed the weekend.
MENTIONED IN THIS ARTICLE
Martha Coverdale
Fred Coverdale
Rhisehart Cook
Akron
Charles Gifford
William Dellefield
Lorain
Henry Dellefield
Andrew Stang
Katherine
Ed Stang
South Ridge
J. A. Mackert
Herman Mackert
Sod
Frank Mackert
Henry Kolbe
Middle Ridge
Margaret Dellefield le
Cleveland
Lewis Spiegelberg
Cornelius Smith
Wellington
Benke
Jay Fowls
Lewis Epost
Elyria
Peter Dellefield
Murrey Ridge
E. C. Shubert
Sanders
Henry Mackert
Frances
Aurora
N. Y
Town Line
Evergreen Club
Grant Freeland
Wm. Schubert
J.H. Delefield
G. W. Spiegelberg
Joe Coverdale
Also Mentioned on This Page
Lance of Money Inc
Esley Hills
Fass
Roger W. Babson
United States
Elcome
J.C
Newark
B. C. Shubert
M. E. Church
Harmon Drusendale
West Ridge
Milton Ley
Monlay
Otto Feagler
Aleen
John Henes
G. V. Schwartz
Henry Ernst and Family
Amherst
Lewis Ernst
Elizabeth Ernst
Frank Rabi
G. W. Spiezelberg
Simon Mackert
Norwalk
W. Cook
Wm. Cook
Dellefield
Elizabeth Bors
Andrew Diener
South Amherst
J. H. Delfield
Jos Coverdale
Fred i Coverdale
Edna Bardos
Rhinehart Cook
John Cook
George Crandall
Anton Linder
Kateer
Lorain County Mortgage & Title Co
Turner Block
Elyria Block
de Melody Music Shoppe
Murbach Coal & Supply Co
Broad Street
Millman Quality
S. M1
MAN Dental
Cheapside
Euclid Lorain
Broadway Warres
Main
Mrs. E. ©. Schubert
Antes
Ee Cc
Phillips
A.J. Berry
Marion
D. J. Cable
Lima
Broad St
Hudson
Gales Room
Elying Savings & Trust
Acme
Wall Paper CO
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