Industrial inertia still a drawback in coming years
A May 1, 1921 survey notes conflicting signals in business and finance. Easing credit from the Bank of England and rising gold imports bolster reserves, yet steel and rail sectors show weak profits and cautious hiring. Investors expect gradual improvement but widespread activity remains uneven.
MENTIONED IN THIS ARTICLE
William M. Craig
New York
Bank of England
Federal Reserve
Publc
Great Northern-Northern Pacific Joint
Steel Corporation
Reduction of Bank Rate In Britain Strengthens Gilt Edge Securities
London May 1 The week featured two main events the conversion loan and the bank rate cut both boosting gilt edged securities. The coal dispute remained in focus though the market retained a firm tone with some fear of a partial railroad strike easing as traders stayed cautious.
MENTIONED IN THIS ARTICLE
Britain
London
Giltgore
Mareta
Cetper Ney
The Ladder, Willie, and the Nightly Jailfall
A ladder against a wall unsettles locals yet Willie passes under it with grim resolve. A motor officer suspects Ethelred speeding and confronts him, but the youth continues. In fear Herbert hides gin at the station and ends up harming a porter, realising he was mistaken.
MENTIONED IN THIS ARTICLE
Algernon
Aigg
Willie
Argus
Ethelred
Herbert
Brighter Business Outlook Reported by Federal Board
The Federal Reserve Board said in April that the business and financial picture showed improved sentiment though recovery remained uneven. It noted high transportation costs wages and coal and steel prices as ongoing readjustment obstacles while wholesale price declines showed signs of stabilizing.
MENTIONED IN THIS ARTICLE
Pennsylvania Rairoad
Federal Reserve Board
Associated Press
Investment trends lift and strain markets in 1921 analysis
Investment values show some increase though speculative interests grow. Dollar securities fall with the New York exchange while long neglected European bands and Djambi concessions in Sumatra attract attention. Rubber dividends remain rare as schemes aim to curb surplus and finance changes. Dear money policy ends as bank rate cuts loom, signaling further appreciation.
MENTIONED IN THIS ARTICLE
New York Exchange
France
Italy
Portugal
Germany
Djambi
Sumatra
Capelcourt
New York” Herald
Flood of Loans to Repair French Cities Predicted
Paris watchers expect a wave of international loans for reconstruction once Ruhr reparations are settled. Loans may fund ruined towns and large textile and metallurgical works with 6 percent rates, though new issues face cautious demand as industrial recovery lags.
MENTIONED IN THIS ARTICLE
Washington Post
New York Herald
Paris
Ruhr
France
Seine Department
Department of the Seine
Bank of England
Bank of France
New York
Germany Faces Deficit of 75 Billion Marks
Berlin May 1 the German government treasury report shows receipts of 27.6 billion paper marks from taxes customs and postage against a total budget of 102.575 billion marks for the year ending March 31.
MENTIONED IN THIS ARTICLE
Cassella
Frankfort
Herr Weinberg
Cangella
Cologne
Rotwei Nobel
Rhenish
Washington Fest
New York Herald
Berlin
Treasury
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Corpor
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Business Outlook
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Ralph W. Kee & Company
Ap Solorado Bide
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14Th St
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Equitable Building
F St
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Frank ‘P. Reeside
Sec’y
Financial
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Texas
Washington
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Calcasieu Bldg
San Antonio, Texas
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Atenee
Riemer & CO
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Wall Street
Floyd R. Miller
Woodward Blig
et_ Louis
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Bell Syndicate, Inc
Dept
George W. White
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Lowis Eckloff
Ogilby
Pfrust
Arthur T. Brie
Walter Brow
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John B Henderson
Hoehling
Charles Jacobsen
B. P. Johnson
Townley A. McKee
John H. Moore
A. H. Halston
Hugh Reilly
Frank FP
Reeside
T, Lawrrson Riggs
WM H Saunders
Chas. G. Smith, Jr
Walter RE
Tuckerman
Wimsatt , Geo
W. White
National Metropolitan Bank Capital
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Broadway
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N.W
Franklin
Herbert H. Brown
Mer
Terest
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Sec'y & Asst
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Prescott Gatley
William Hoover
Victor Kauffmann
Charles Minshall
Frank W. Stone
Willam H. Walker
Henry K, Willard
Woodbury Blair
James A, Buchanan
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Cox
William E Edmonatoo
Reginald 5
Huidekoper
National Savings & Trust CC
Washington Cor
15Th and
New York Ave
Harriman &Co
New York Stock Exchange
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Swartzell, Rheem & Hensey Co
15Th Street
Washington, D. C
John L. Edwards & Company
Washington Stock Exchange
Hornblower & Weeks Harris, Winthrop & Co