Word: loans
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Dates: during 1920-1929
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...annuity paid by the U. S. to Panama for the use and occupation of the Canal Zone, plus the liquor and stamp taxes of Panama were pledged, last week, as security for a $12,000,000 loan at 5% made to the Government of President Rodolfo Chiari by the National City Co. of Manhattan...
Mellon was an attack in The United States Banker by Senator Carter Glass, who helped install the Federal Reserve System, upon the recent practice of that System, which Secretary Mellon is popularly (but inaccurately) supposed to manipulate. Senator Glass observed that Federal Reserve loans for speculative purposes had risen from some $800,000,000 in 1921 to some $5,000,000,000 in 1928. This was apparently so, though really the Federal Reserve Banks did not loan that sum directly to speculators, nor all of it. Member banks did the loaning. Much of the money belonged to their depositors...
...Mellon was obliged to offer, tax-exemption and all, the highest rate*he has paid in four years on short-term borrowings. Money men noted, also, that he made no specific reference to the terms that will be offered for financing the remaining $1,328,881,750 Third Liberty Loan Bonds which mature on Sept...
...Government of Australia was obliged to offer 5 1/3%, last week, in putting on the market a $100,000,000 war debt conversion loan...
...give a broader picture of Agriculture's recent history, the Federal Farm Loan Bureau was asked last week for index prices on important commodities since 1920. The following average prices at terminal markets for June in the years named, were issued...