Dun's Review Volume 25

Dun's Review Volume 25

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...it is deemed unlikely that there will be large withdrawals of currency, the country banks, as a whole, being in good position to handle local calls. The conditions turn more favorable to prospective heavy financing and Dew enterprise, and progress is made by western railroads in arranctag for Impending maturities and new issues. Dealings In bonds indicate conservative buying of the choicest offerings. Sales of local securities aggregate a little better than at this time last year, an encouraging symptom which has not been seen for a long time, and the ton active stocks show an average decrease of 70c. per share since last week. Minneapolis.--No improvement is shown in the money market conditions, and rates show a tendency to go still lower. Local bank rates are 4Vj to 5 per cent., with light demand for loans and a steady increase in deposits. Federal Reserve hank rates are now quoted at 3% per cent, for 30-day paper, and 4 per cent, for 60 and 90-day paper. Minneapolis bank deposits on the recent call aggregated $133,000,000, and Federal Reserve bank deposits $10.000,000. Legal reserves are far above requirements, indicating a light demand for money. HEMP.--The local market Is quiet but firm, on account of to? light offerings and conditions at primary points where the situation continues strong. The feeling at Manila displays considerable confidence, holders being firm In their ideas and asking lOc. for Government current for shipment. Primary receipts continue iu fair volume, those for last week being 22,000 bales, with estimates of 20.000 for this week and 22,000 for next week, while the total estimated receipts for the year are 1,050.000 bales. Tbe port of Progreso has been opened and an improvement in sisal is expected shortly, but...
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Product details

  • Paperback | 632 pages
  • 189 x 246 x 32mm | 1,111g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236832876
  • 9781236832870