Word: rate
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Dates: during 1920-1929
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...stock market in relation to money available for borrowing constituted almost a paradox in last week's trading. This "money" represents funds that banks are willing to lend authoritative brokers in financing their transactions. There was a great deal of it available last week and the interest rate fell at one time to as low as 3½ per cent for this class of borrowing which is known as call money or short terms loans. Added to these funds were the payments made to share and bond holders, whose coupons were collectible at this quarter of the year. These...
...that gold will be shipped from the U. S. to these nations if their money goes above par. When this happens, it will be cheaper for U. S. merchants to pay in gold for goods they may have purchased abroad than to buy foreign currencies here at a higher rate than...
...discount rate decreed by the Federal Reserve Board has had two effects: 1) to cause U. S. capitalists to send gold out of the country to foreign countries where a higher yield is possible; 2) to cause foreign borrowers to come here and take gold credit out of the U. S. where it is cheap. In either case the gold is going...
...Philadelphia Y. M. C. A., which has volunteered to provide accommodations for members of the University on the night of the Pennsylvania football game, November 5, according to the Graduate Secretary of the Phillips Brook House, who received the invitation. The Association will provide single rooms at a regular rate of $1.50 and $2 each, and if enough reservations are filed in advance at the P. B. H., will undertake to lodge men in dormitories at the University of Pennsylvania at $.75 a night...