1. RECENT MOVEMENTS IN THE COMMERCIAL-PAPER MARKET.
- Author
-
Martin, Boyce F.
- Subjects
COMMERCIAL paper issues ,BANKING industry ,BUSINESS forecasting ,UNITED States economic policy, to 1933 ,FINANCE ,BROKERS ,BUSINESS cycles ,EFFICIENT market theory ,BUSINESS conditions ,MANAGERIAL economics ,SUPPLY-side economics ,UNITED States economy, 1918-1945 ,SHORT run (Economics) - Abstract
The article examines the development of commercial paper financing in the United States in order to consider some of the main factors for movements in the commercial-paper market from 1924 to 1931. Reductions in the demand of commercial banks for commercial paper are discussed, and details related to the decline of the supply of commercial paper are also presented. The effects of these decreases on commercial paper houses is analyzed, and the article concludes with the probable future for commercial paper houses.
- Published
- 1931