Word: rates
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Dates: during 1920-1929
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...other colleges, notably Yale and Princeton, where both sports meet with equal favor. This impartiality may be due to the fact that there hockey is a minor sport and therefore less emphasized, or to interest in the intercollegiate Basketball League, to which the University does not belong. At any rate the game has found much less popularity here; and unless the taste is changed, the managers of this particular road-show will feel inclined to book other attractions...
That the new product intends to join this famous crew seems likely; whether it will win fame with them, or pass unnoticed, depends on its own merits. At any rate, the authors are ambitious; not content to be called "Another Eight", or "A Second Eight More", or "A Third Eight", they brazenly proclaim themselves the "Eight Most Harvard Poets"--no less. Who these superlative artists are, remains to be revealed...
Despite rumors of a further advance in the Reserve rediscount rate, money continued relatively easy. Call money fell below 5 per cent, while open market rates for paper and acceptances were unchanged. The ratio of the New York Reserve Bank rose from 80.6 per cent to 83.2 per cent, which fact, along with other related evidence, reveals a considerable flow to New York of funds from other American centers. Undoubtedly the recent activity on the speculative exchanges for cotton and securities in New York are largely responsible for this drawing of funds to the financial center. As a matter...
...interesting sidelight upon the anticipated movement of interest rates for the current year was afforded by the offering of $400,000,000 of six months and one year U. S. Treasury Certificates bearing interest at 4¼ and 4½ per cent respectively. Throughout the war period, the rates on these certificates by which the nation's floating debt has been financed, have proved a remarkably accurate index to prospective as well as present conditions in the money market. The rates on the present issue of certificates have, like the Reserve rediscount rates, recognized the increasing demand for money...
...bond market again experienced a dull week, no important price changes being evinced except the continued pressure upon Liberty Bonds. These obligations of the U. S. Government have declined slightly, partly in consequence of such symptoms of an advancing money rate as recently shown by Reserve rediscounts and Treasury certificates, but also because of selling by banks. During the recent business depression, in the absence of suitable commercial paper, many banks invested their funds in Liberty Bonds to an unusual extent. The present expansion of trade and advance in commodity prices have led to increased mercantile borrowings from banks, which...