Gold is poured out by capital banks in Washington stocks idle
Washington banks report a busy week with heavy cash demand and gift money gold requests. Clearing house debits reach 4.533 million for the week ending Dec 21, 1924, with overall U.S. business volume up about 12 percent from the prior week. Capital Traction and Lanston show strength as Northwest Savings Bank reports 12 percent earnings on capital for 1921. interbank borrowing declines across districts and reserve reductions follow.
MENTIONED IN THIS ARTICLE
Washington
National Capital
Los Angeles
Capital Traction
Lanston
Francis M. Savage
Northwest Savings Bank
District National Bank
Federal Reserve Banks
Dallas
Boston Bank
Southern Bank
Richmond Reserve Bank
Wallas
Richmond
New York
Pec
Nd Trust Companies
Discount &c
Fedal Reserve Bank
Wold
Federal Reserve Bank
Chicago Grain Up Despite Holiday Ahead on Dec 24
Chicago prices rose as trading continued on the Board of Trade with wheat ending up one eighth to one fourth cent, corn advancing, and oats up to nine tenths cent. Provisions barely changed except ribs with notable gains, while cash grain offered mixed quotes for several grades and futures showed modest gains overall.
MENTIONED IN THIS ARTICLE
Chicago
Hicago Board of Trade
Weekly Market Review of Prices and Trends in Wheat and Crops
The report covers the week ending December 22, 1921, noting uncertain market tone with net gains in several grains. Chicago May wheat rose to $1.17½, corn up 2 cents, and prices for Minneapolis and Kansas City futures quoted. Fruit and vegetable prices showed mixed moves with apples and potatoes shifting, butter and cheese markets softening, and cotton futures advancing. The report also lists weekly grain cash prices, shipping-point variants, and wholesale meat price trends for December 23, including hogs, beef, veal, and lamb prices and stocker feeders.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
North Dakota
Kansas
Minneapolis
Kansas City
Winnipeg
New York
Baldwins
New York City
Maine
Michigan
Rhode Island
Northwestern
Jonathans
Chand Rapids
Minnesota
Waupaea
Wis
Red River
Ohio
Baltimore
Philadelphia
Wisconsin
O. B
New Jersey
Maryland
Delaware
Boston
Year'sExports Put At Five Billion Dollars
American made goods and raw materials worth nearly five billion dollars were sold abroad this year, says Commerce Department. Exports of farm products topped two billion, representing over a third of total sales, while foreign orders kept mills and factories busy despite global depression. Farmers benefit first from export prosperity and economic justice, foretelling broader urban gains as rural buyers increase demand.
MENTIONED IN THIS ARTICLE
Commerce Department
England
United States
Europe
Baltimore Markets Poultry Eggs Butter and Grain Prices
Baltimore markets report live poultry with multiple price ranges for turkeys, hens, toms, and leghorns, plus ducks and geese. Eggs and butter quotes given, including creamery and near by prices. Grains list No 2 white oats and nearby wheat prices with closing figures. corn prices show track yellow No 2 and cob corn bids.
MENTIONED IN THIS ARTICLE
Baltimore
$1 750 000 000 Gift To Bond Holders Christmas Rise
Treasury officials predict liberty bonds will cross par before next Christmas as 1921 gains equal nearly 1.75 billion in value. The year saw first through fourth loan bonds rise, with fourth loan leading, while inflation stayed absent and gold imports boosted prices. The article notes shifts in interest rates and a general market move toward bonds as stocks and goods fell.
MENTIONED IN THIS ARTICLE
Harden Colfax
Washington Fest
The
Washington Post Co
New York
Liberty
Victory
Treasury
Merchants Bank of Canada Impaired by Eight Million
Montreal reports the Merchants Bank of Canada reserve account has been impaired by about 8 million. Sir Montagu Allan, president, calls a general meeting of shareholders in February to discuss a proposed amalgamation with the Bank of Montreal. The Bank of Montreal will assume all Merchants liabilities for 1,050,000 cash plus a stock swap of one Bank of Montreal share for every two Merchants shares.
MENTIONED IN THIS ARTICLE
Montreal
Merchants Bank of Canada
Montagu Allan
Bank of Montreal
Montagu
H. B. Mackenzie
Royal Trust Company
Merchants Bank
Bank of Canada
Protest to Daugherty from Retail Clothiers
Chicago December 24 The National Association of Retail Clothiers led by Ansel Frankel and Charles F. Wry sent a letter to Attorney General Daugherty denying his claim that retail profits are unconscionable and that dealers collude to keep prices high They invited him to use their data and criticized his early release of investigation results noting merchants have cut prices faced inventory losses and lower margins and offering to provide corrected profit cost and overhead figures for a congressional inquiry
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
National Association of Retail Clothiers
Ansel Frankel
Charles F. Wry
Daugherty
Association For A Congressional Joint Commission
Also Mentioned on This Page
Record Business Week
Northwest Bank
Morris H. Glazer
Chicago Grain
NEW York ‘Curb Transactions
Acme Coal
A. T
Colom
Emer
Durant
Farrell Coal
George’s
Lincoln
Wro
Dominion
Elk
Gilliland
Glenrock
Hudson
Pea
Lance Creek
Livingston
Lyons
Maracaibo
Merritt
Mexico
Lee
Mountain
Noble
Omar
Owen
Sapulpa
Tidal
Texas,o. & L
Oi & G
B. NG Sietat
A. Platt
Tonopah
Tonopah Mining
Union East
Doola Tr. & T
Beth
Steel
Reth. Steel
Can. R
Col. Graf
Tex
Gor
Gumb
Tel
Humble
N. C
Tiss
N. Jeis
Solvet Co. Bs
Son
W. Bellis
Got
Gale
Weekly Market Review
Poe
Bureau of Markets
Washington, D. C
Tin
Messee
Nancy Halls
Derry
U. S
Washington Post
Galumet
Hecla
Carson Hillary Gray
Davis
Island Creek
Libby
New England
Old Colony Sts
Paminion
Swift & Eas Steee
Swit International
Sores
Redmond & Co
Hise
Canadian Bank
Baltimore Securities
Der
Ashed National Marine Bank
Baty Baltimore Trust
Wat. & P
Rys
Elec
Dat
Rys. & Elec. Inc
Wash Balto. & A
Cosden Conv
És Ag
Financial
Texas
Senantiona
U. S. Geological New York
University of Texas
Gilbert Johnson & Company
Ft. Ae We
Orth
Waggoner
King & Company Securities
Broad St
Outlook
Texas Company
E. M. Fuller & Co
Consolidated Stock Exchange of
N.Y
Cleveland
Newark
Pittsburgh
OIL
Chandler Motors
Texas Pacific Railway
Thompson & Co
Chestnut Street
Wall Street Times
Tobaccos
Sugara R.r.equipmnts
Pub
Uni Paper
Oppenheimer
Eso
Broadway
Aereland
General Motors
Isue
Kardos & Burke
Calvert
Brooklyn
Alo Rica
Mosher
Wallace
NEW York Produce Exchange
Stock Exchange
T. R
L. Winkelman & Co
South Street
Cassert
Bulletin W.P
Cuarvest Clarksons
Bowling Green
D. C
Shannon
SUCHS
Realtors
14Th St. NW
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