Federal Reserve Bulletin Volume 3

Federal Reserve Bulletin Volume 3

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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. 1917 edition. Excerpt: ...of trucks, and there has been a general tendency to substantial increases in price of cars by reason of increased cost of materials and fabrication. There can be no question that the industrial situation generally in this district is strong and that the outlook is as good as could well be expected. Bm'.Zd'ing.----There are inadequate housing facilities in all of the larger cities and industrial centers. Efforts are being made to improve the situation, but the high cost of labor and material is a very deterrent factor. The decrease in number of permits and valuations in all of the cities except two, as indicated in the following table, is due to the late spring: l DOOIGFLSO. Banking and 'in'vestment.0.--Banking conditions are excellent. There has been an increased demand in the country for implements and planting, and the cities have also experienced some increased demand, though, in general, the market is easy. Investment i conditions are entirely in a waiting attitude, and the markets are quiet. Money rates are firm to higher, time commercial paper now being offered at 4 per cent to 1 per cent advance. So-called "call loans" in some parts of this district are being discouraged by bankers, and speculative commitments have been largely avoided. The following table indicates increases in bank clearings over the corresponding period of the preceding year in nine of the principal cities: April 16 to May 15, inclusive. Increase. llzecrrggg 1011 1010 1 24111011, o1110..... 321,010,000 315,310,000:1, 30,000 50.5 c111011111011, o1110.. 100,04 402 134,101,300 32,101,102 20.0, 01111101111111 01110.. 204,201,521 102,000,522 131.500,000 no.0 Da 11, o'1110.... 3,012,001 3,503,010 400,412 11.1 c0 1111111111, 01110.. 43,500,400 31,000,400...show more

Product details

  • Paperback | 552 pages
  • 189 x 246 x 28mm | 975g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236849337
  • 9781236849335