Reserve Bank Optimistic on Fifth District Outlook
Richmond August 31 The Federal Reserve Bank of Richmond reports few signs of weakness in structure and notes less July dullness than any postwar year. Unfavorable factors include weaker forward orders and cotton output uncertainty plus labor shortages. offset by strong consumer buying power and ready supplies. Debits to accounts rise, retail sales improve, and mid summer sales show remarkable results. Credit is ample, savings deposits rise, and business failures decline. Coal supply for winter is adequate and labor remains fully employed with wages near high levels.
MENTIONED IN THIS ARTICLE
Richmond
Federal Reserve Bank of Richmond
Federal Reserve District
Bank Review Sees Wiser Postwar Earnings for Workers
The bank notes workers now use earnings more wisely than during the war and postwar period. It adds the agricultural outlook for the district compares favorably with other regions, signaling improved prospects for farmers.
Greb Wins World Middleweight Title at Polo Grounds
Harry Greb of Pittsburgh defeated Johnny Wilson of Boston by judges decision in a fifteen round world middleweight title bout at the Polo Grounds. The champion elect fought cautiously as Wilson defended his laurels, pressing little and rarely. Greb earned a wide margin on points in a small crowd fight.
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Polo Grounds
New York
Johnny Wilson
Boston
Harry Greb
Pittsburgh
Greb
Wilson
Mike O’dowd
Sixty to Seventy Fishing Cutters Missing After Gale
Copenhagen reports fierce gales along the Jutland coast washing away sixty to seventy fishing cutters. Many wrecks, flooding agricultural land, and drowned cattle accompany storm damage including a slowed express train near Varde. Copenhagen largely escapes injury as lines go down.
MENTIONED IN THIS ARTICLE
Copenhagen
Jutland
Varde
University of Virginia Announces September Opening Date
The ninety ninth session of the University of Virginia will begin on September 13 with registration on September 13 14 and 15. Classes start on Monday following the registration days as announced from University of Virginia in Va.
MENTIONED IN THIS ARTICLE
University
University of Virginia
University to reopen as 1922-23 term nears start
September 17 report notes 3,129 total summer term enrollment, 1,045 for second five weeks, and 2,084 in first term. By September 10 entrance exams for uncredited applicants begin while 1,763 turnout is expected for 1922-23. Football practice starts on Lambeth Field.
MENTIONED IN THIS ARTICLE
Virginia ©. Moran
Lambeth Field
Money to Lend on Farm Land in Berryville Virginia
Smith and Gray of Berryville Virginia offer long term farm loans with no borrower costs. Loans start at five thousand dollars and larger at six percent interest on an amortization basis. Funds available for improved farm land only. August 21.
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