Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 |
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Page 240
At the same time , farm production was stabilized , and farm prices began to rise . In 1898 the average price of spring wheat in Chicago passed $ 1 a bushel for the first time in fifteen years . After thirty years of secular decline ...
At the same time , farm production was stabilized , and farm prices began to rise . In 1898 the average price of spring wheat in Chicago passed $ 1 a bushel for the first time in fifteen years . After thirty years of secular decline ...
Page 253
Interest rates began to tighten , and the Secretary of the Treasury began to deposit $ 28 million of gov- ernment funds around the country to facilitate the movement of crops . In mid - October , the panic broke out .
Interest rates began to tighten , and the Secretary of the Treasury began to deposit $ 28 million of gov- ernment funds around the country to facilitate the movement of crops . In mid - October , the panic broke out .
Page 332
early as December , 1923 , when they began to buy government securities in the open market . They continued to buy until November , 1924 , in- creasing their holdings from $ 84 million to $ 582 million . In addition , the New York Bank ...
early as December , 1923 , when they began to buy government securities in the open market . They continued to buy until November , 1924 , in- creasing their holdings from $ 84 million to $ 582 million . In addition , the New York Bank ...
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Contents
The Meaning and Basic Trends of Financial History | 1 |
Monetary and International Fi nancial Policies | 4 |
26 | 7 |
Copyright | |
56 other sections not shown
Other editions - View all
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Common terms and phrases
addition administration American Annual Report authorized balance bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash cent certificates circulation cities coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export favored Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks Hoover important income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary money market money supply municipal National Bank Act national banks national-bank operations paper money payments pensions period President proposed purchase receipts recommended rediscount reduced refunding repealed Reserve banks retirement revenue Secretary securities Senate silver specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York