Rise in Exchanges Feature of Week Marks Rally
The New York Herald reports a volatile week in global finance with a strong rally in some steel and railroad shares driven by domestic factors and merger talk. German reparations and currency instability loom large as gold and banking reform ideas surface amid a market shakeout.
MENTIONED IN THIS ARTICLE
William W. Craig
New York
Meerling
London
Paris
Germany
Merlin
Paul M. Warburg
George N. Roberts
National City Bank
United States
Austria
Railroad Labor‘ Board
Copsright
Sun-Herald
Walter
Treasury
Hughes
Mr. Balfour
China
Japan
Erhing
Walter Rathenau
Bankers Must Rebuild Confidence to Restore Credit
A Philadelphia manufacturer argues bankers should rekindle confidence among borrowers and depositors by direct dialogue. He warns that excessive credit restriction harms business, urges bank directors to assess borrowers, and stresses bankers’ moral obligation to support worthy credit while maintaining sound standards.
MENTIONED IN THIS ARTICLE
Philadelphia
2 Bank
Federal Reserve Bank
German cost of living soars in November report
Berlin reports November cost of living up 22 percent from October. Food rents heating and lighting costs are 58.4 percent higher than a year ago. Food prices for individuals rose 25 percent from October due to foreign product prices.
MENTIONED IN THIS ARTICLE
Berlin
Associated Press
Manipulation Hits Small Traders on Berlin Bourse
Berlin dispatch reports on Black Thursday as prices collapsed due to strong organized market manipulation. Observers note two significant facts showing deliberate actions that harmed small investors and speculators on the bourse.
MENTIONED IN THIS ARTICLE
Berlin
British Funds and Home Rails Rise in London Markets
London dispatch reports a shift from a subdued start to a cheerier tone with stocks ending higher across most departments including British funds and home rails as the week progressed.
MENTIONED IN THIS ARTICLE
London
Also Mentioned on This Page
Mark
RALLY
Lloyd
Vorm
von Bosch
Schwartz
Bing Toy Works
Prince Hatzfeld
Duke of Trachenberg
New York Herald
Monteagu
Botanic Garden
Mozart Ferrearn
Leder
Emu
Riemer & CO
Washington
Ach
Swartzell, Rheem & Hensey Co
15Th Street
N.W
Washington, D. C
Welch
Quek
Equitable Co-Operative Building Association
Equitable
F St. N.W
John Joy Hdson
Frank BP. Reeside
Sec
British Isles
Europe
Interstate Commerce Commission
Ger
Nmeahington
Girien
Mibies
Telephons Main
Ralph W. Lee & Company
National Mortgage and Investment Corporation
Rational Mortgage and Investment Corporation
Staasbery Building
1 Street
A. W
I. SL. Revol
Fifteenth Street
Main
Samuel Ungerleider & Co
New Willard Hotel
James Sloan, Jr
New York Stock Exchange
Cleveland Stock Exchange
Pittsburgh Stock Exchange
Columbus Stock Exchange
Chicago Board of Trade
Leader-News Bidg
Cleveland, Ohio
Chamber of Commerce
Columbus, Ohio
J. S. Bache & Co
Halle & Steiglitz
Wee
England
France
Italy
Melhuish & Company
Washington Union Savings Bank
MR. Broad
Wall Street
By M’manus
Jaek
Andy
Certan
Ezra
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