Word: trades
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Dates: during 1920-1929
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...Action. At present, the President's proposal is in Congress. Meanwhile, the Shipping Board has taken various measures purporting to carry out the President's wishes. Last week, it passed a resolution re- taining for itself the right to fix trade routes, but giving the Corporation freedom in the selection of vessels, etc., to serve each route, as well as complete custody of all ships, active or inactive. Nevertheless, the Administration's proposal is to be pressed...
...been closely scrutinized to see what was going on in the money market. Recent statements show a distinct change in Reserve policy. Holdings by Reserve Banks of Government paper are allowed to run out, while their Treasury Bills are similarly declining. On the other hand, member banks are discounting trade bills and paper; and in this way the official rediscount rate is again becoming "effective." This move may or may not presage higher interest rates generally, but it puts the Reserve in a stronger position to check undue speculation if such a step becomes necessary. Thus far the demand...
...return of the gold standard in Great Britain would undoubtedly prove a tremendous forward step in the restoration of international trade and finances. On the other hand, British opinion still favors a gradual, sound resumption of sterling parity to artificial experiments at "stabilization," however attractive on paper...
Post-mortems upon the Christmas trade this year are dangerous to make before all the figures are in. Yet evidence indicates this Christmas season saw all retail records smashed, for recent years at least...
Merchandising companies themselves are generally prosperous, with a stronger cash position and more working capital than ever before, and inventories of conservative size. The experiment of boosting prices was not overdone this year, while the weather has favored shopping. One noted feature of this year's Christmas trade was its early start-in the last week in November...