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This article presents information related to paper stocks in the U.S. which have been on fire of late, partly because of an industry upturn stemming from a lift in overseas demand, including a pickup in Asia. There are also expectations of more takeovers. One stock on a tear is Champion International, a producer of paper and wood products, which leaped from 48 on October 5, 1999 to 59 on November 10, 1999. Finland's big paper-and-forest-products company, Big Board-listed UPM-Kymmene, may make a bid for Champion.

This article presents brief descriptions of various recent socio-political issues and developments in the U.S. It first focuses on Senator John Sherman's latest banking bill. It provides that upon a deposit of bonds any national banking association shall be entitled to receive circulating notes equal in amount to the par value of their bonds bearing interest at the rate of not less than 3 per cent, and redeemable at the pleasure of the U.S. at the date of such deposit; and if bonds deposited are not so redeemable, and bear a rate of interest higher than 3 per cent, then the issue of circulating notes may be to an amount equal to 95 per cent. The article further reports that among the amendments to the Lowell Bankruptcy Bill suggested by the Convention recently held in Washington D.C., is one making dealings in futures on the part of the bankrupt a ground for objecting to his discharge.

The article reports on a 100 million U.S. dollar block of British prime paper that traded to mostly U.S. accounts in October 2011. The activity is considered a sign of a sustained U.S. bid for British prime paper. It is noted that the deal is built mostly of bonds from larger British master trusts that include the Arkle and Permanent vehicles of the Fosse and Lloyds Banking Group of Santander U.K.

Reports on the seizure of $135 million worth of stolen British government bonds. Information that the bonds were found by U. S. Customs agents during a routine search of goods bound for South America on September 6, 1990; Report that the notes recovered at the Miami airport are part of a haul of 292 notes with a face value of $900 million stolen at knifepoint from London couriers in May; Report that there have been 14 arrests made in connection with the heist.

This section offers news briefs on U.S. finance as of September 1949, which includes the 9.4 million U.S. dollars earned by Consolidated Edison Co. Inc. of New York in the June quarter, the refinancing of 52 million U.S. dollars worth of bonds issued by Illinois Central that is to mature in six years and the 3.3 million U.S. dollars net loss seen by Textron Inc. for the first half of 1949.

The article discusses the $1.25 billion 30 year deal launched by Depfa ACS Bank and placing 88% of the paper with U.S. investors. It is said that the covered bond issuance shows the fast development of U.S. demand for covered bonds. Comments from Tim Skeet, head of covered bond origination at Merrill Lynch, on the covered bond are included.

Reports on the cancellation of bond issuances in the U.S. as of May 3, 2002. Cause of the cancellation; Companies that cancelled their bond issuances; Impact of the losses incurred by telecommunication companies on the number of bond deals to be done.

The article discusses the response of financial markets to the conclusion of the U.S. quantitative easing (QE) in June 2013. It describes the initial response of traders, sovereign, supranational and agency (SSA) bond issuers and commercial paper dealers to the introduction of QE. It also acknowledges the lack of protests to said QE conclusion despite previous controversies associated with its launch.

The article focuses on the recovery in the credit fault swap markets in the U.S. and in Europe in January 2006. The recovery was influenced by strong purchase of cash bonds. It is believed that the iTraxx Europe and the Crossover Indexes are only back to where they were before the Christmas slowdown and sell-off. Despite the recovery of most sectors, it is expected that the European paper products industry will struggle in the first half of the year.

The article presents updates on bonds issued in sterling. The amount of the deal issued by Centrica PLC was £300 million. The deal issued by Reed Elsevier Investments PLC is brought to diversify away from its usual market in the U.S. and to pay back some outstanding short term sterling commercial paper.

The article reports on the prediction of Moody's that sales of new non-financial high grade corporate bonds in U.S. dollars will go down by 12 percent to 500 billion U.S. dollars in 2010. According to moody's economist Ben Garber, the decline would be triggered by higher borrowing costs and excess cash on corporate balance sheets. It is also expected that the commercial paper market will remain weak.

Presents updates on corporate bonds as of November 12, 2004. Decision of Ford Motor Credit Co. concerning the terms on its bond issue; Impact of several challenges in the U.S. automobile sector on the corporate bond market in Europe; Information on a subordinated debt to be issued by automobile financing company Volkswagen Bank.

Reports on the secondary bond market conditions in the United States as of November 2, 1998. Increase in the overall trading volume; Bond trading performance of several issuers including NTL, Telewest Communications and BE Aerospace; Improvement bond performance issued in the steel and paper industries.

Reports on an increase of bonds of Ford Motor Credit (FMC) due to lower bond issuance including asset-backed securities in the U.S. as of July 23, 2004. Comments from Joe McCusker, fixed income auto analyst at FTN Financial in New York, on bond issuance of FMC; Background on the October 2008 bond issues of FMC; Plans of FMC concerning its commercial papers.

Reports on the bonds issued by Brascan and Potash in the U.S. dollar bond market. Value of the bonds; Accounts attracted by the bonds; Additional incentives offered by the companies to accounts.

States that through Prudential Securities company five issuers are expected to enter HEL bond issues on the asset market for the week of May 18, 1998 in the United States. Identification of companies expected to be enter the HEL issues; Comparison of HEL deal menu with that of Ford Motor Company; Information on the repositioning of investors portfolios.

The article focuses on Federal agency debt issues. What is rarely explained to the retail customer is that the sales compensation earned by the broker on federal agency securities is considerably greater than on Treasurys. The agency paper, although rated triple-A, is a smidgen riskier than U.S. Treasury paper. There are three drawbacks to the agency issues. One is that unlike Treasurys, they are often subject to state income tax. Depending on the circumstances, that can easily erase the entire yield advantage over Treasurys. Secondly, liquidity isn't as good among the thousands of smaller agency offerings as it is on Treasurys. Thirdly, while only a small fraction of Treasury bonds are callable before maturity, a great many agency bonds are callable.

Reports on the closure and oversubscription of a three-year financial transaction issued by the European Investment Bank, in spite of a rate cut by the U.S. Federal Reserve Board in April 2001. Impact of the interest rate cut on demand for EIB bond issue; Percentage of bond issues bought by Asian investors; Skepticism of some bankers on the bond issue.

In this article, the author discusses that China does not impose any threat of financial retaliation on the U.S. As stated, China cannot use its alleged economic weapons of mass destruction and has to continue buying low-yielding U.S. bonds. Besides this the American economy is the only place that can absorb the large amount of surpluses generated by China. Another reason is that China's foreign exchange reserves which are over 2 trillion dollar are result of its trade surpluses with U.S.

Reports on the growth of investors demand for bond offering in the market as of April 17, 2003. Reason for the strong demand for bond offering; Lack of offering in the U.S. bond market; Highlights on major deals in the global bond market.

The article offers news briefs related to people, companies and finance in the U.S. Continental Illinois Corp. has promoted its treasurer David G. Taylor to vice-chairman and director. Maker of paper towels, toilet paper and tissues Scott Paper Co. has agreed to sell its foam division to General Felt Industries Inc., maker of underlays for carpets. Malcom P. McLean has raised 129 million U.S. dollars from a sale of stock and debentures to provide working capital for his shipping fleet.

This section offers news briefs related to finance in the U.S. as of July 24, 1954, including a drop in business loans as noted by the Federal Reserve, the purchase of another 5-million U.S. dollar block by the Baltimore & Ohio RR of its own 4 percent bond, and the 300-million U.S. dollar worth of debentures registered by U.S. Steel Corp.

The article reports on the performance of the U.S. bonds market as of April 8, 1931. It looks into factors that influenced the market, including dividend and interest disbursements on April 1, the partial default on selected bond issues by New South Wales and the earthquake in Central America. A chart showing the bond trends from August 1930 to April 1931 is also presented.

The article discusses investing in bonds with commentary from Dan Fuss, manager of Loomis Sayles Bond Fund. Due to the financial crisis of 2008 in the U.S. his $11 billion fund Loomis is down 30%. However, he feels that the market for bonds is full of opportunities due to the volume of bonds being sold and their inexpensive prices. Fuss likes the bonds rated BBB such as International Paper.

This article discusses investments opportunities in government bonds in the U.S. It explains that many investors have pulled out of the bond market because inflation makes the price of their bonds decline. However, those who believe that inflation and interest rates will decline in 1981 it is time to buy bonds as they provide higher yield of up to 15%. It is wise to scatter investments in bonds and those who invest in sinking-funds must check with their accountants on tax updates.

The article reports on the inclination of U.S. institutional investors towards bonds and short-term paper. Pension funds, banks, and investment trusts are showing a cautious attitude in investing into the stock market due to the uncertainty of stock prices. As reported, the general public is greatly influenced by the behavior of institutional investors. For institutional investors common stocks look less appealing than bonds these days.

The article discusses the rising long-term interest rates in the U.S. caused by an unparalleled volume of new bond offerings. Companies revamp their balance sheets after the credit crisis in 1966 and borrow ahead as protection against more difficult times. The fear of higher interest in fall 1967 has helped create the current higher interest. Wall Street's cynicism about fiscal policy also add to the anxiety. The U.S. Federal Reserve Board has infused money into the long market to allay fear.

The article looks at the strategies adopted by corporate treasurers to cope with high lending rates. It is noted that most U.S. companies have shelved plans to sell long-term debt and some shifted to commercial paper market to cut the cost of their obligatory short-term borrowing. Another strategy involves borrowing as much as possible short term and wait for a drop in long-term rates before selling bonds.

The article focuses on guaranteed railroad stocks in the U.S. as of 1961. It is said that tenants have been exchanging bonds for the shares in public figures to save on taxes. The possibilities offered by the stocks for conservative investors are discussed. Pittsburgh, Fort Wayne & Chicago, or PFW&C, as the most important and valuable pieces of railroad property in the world is emphasized.

The article reports on police's suspicion that some counterfeit bonds are in circulation across the U.S. following a series of arrests for forged bonds in 1962. Bankers and stockbrokers are watching out for bogus bonds bearing the imprimatur of General Motors Acceptance Corp. According to American Bank Note Co. officials, the forgeries are indistinguishable from the genuine certificate. Experts agree that organized underworld syndicates are getting involved in the counterfeit bond business.

The editor, in this article, shares his opinion on political and economic issues, which are of serious concern. Republican representative from California Paul N. McCloskey is certain to challenge U.S. President Richard M. Nixon in selected Republican primaries in 1972. Hammermill Paper Co. is No. 276 in Fortune's latest ranking of the 500 largest U.S. industrial corporations, with sales of more than $350 million, assets above $300 million, net income of $14 million, and more than 10,000 employees. To begin operation, National Railroad passenger Corp. is to receive a subsidy of $40 million, and backing for $300 million in revenue bonds.

Presents several letters to the editor on issues related to the United States politics and government. Exultation of the Republican papers over the helplessness of the Democrats; Consequences of the introduction of free coinage; Conditions to be met with for the sale of bonds.

The article reports that the United States' second-largest bond market is having a last fling before it finally settles down. The revolution in financing the American dream of home ownership has created the most important part of the fixed-income market after government bonds. The first mortgage-backed security was issued in 1970, but the market took off with the property and debt booms of the 1980s. Fresh mortgage bonds have recently poured on to the market at twice the rate of Treasury bonds and over three times that of investment-grade corporate bonds.

The article reports on the necessity for asset back issuers to increase their spreads. Asset backed issuers are forced to further increase their spreads as US issuers flocked the ECP market. The situation is also perpetuated by the lack of liquidity and decline in overall flows. Sovereign, supranational and agency issuers are able to get their paper away at normal levels. The National Treasury Management Agency of Ireland has made a return to the market.

This article discusses strategies for portfolio management. Detouring around the stock storm on Wall Street, people have sought refuge in the money market. Investors who cannot tolerate any volatility will look no further than a money fund. However, these investors are throwing away yield. Five-year corporate bonds rated AA are yielding 4%, while commercial paper of comparable quality is good for only 1.7%. The price of the Treasury note will decline as interest rates rise, but that decline will be mitigated by its shorter remaining maturity.

The article reports that investment grade companies in the U.S. have released a number of bond issues that pushed the total issues in the bond market to 20 billion U.S. dollars. The biggest transaction came from Cisco Systems with a an issue worth 9 billion U.S. dollars. Northern States Power Minnesota sold 30-year first mortgage bonds worth 300 million U.S. dollars.

The article focuses on the launch of the first covered bond issue of Washington Mutual (WaMu) in the U.S. in September 2006. The deal attracted €16 billion of demand in less than two hours. It cites the reasons for speculations that U.S. banks would use covered bonds as an alternative rather than a complement to funding from mortgage finance agencies. As of February 2007, WaMu's 2011 paper was trading at mid-swaps flat and its 2016 at 5 basis points over mid-swaps.

The article focuses on the agricultural credit system in the United States. Funding Corp. is the money-raising arm of the federal Farm Credit System, made up of 37 separate banks across the country--12 Federal Land Banks, 12 Federal Intermediate Credit Banks, 12 Banks for Cooperatives and the Central Bank for Cooperatives in Denver, which handles large co-operative loans. Put together they constitute the biggest thrift institution in the world, with 70 billion dollars of bonds, notes and commercial paper outstanding. The money is raised entirely in the public markets and does not pass through the U.S.

Two charts are presented that depict several economic indicators in the U.S. as of January 10, 1977 including raw steel production, AA corporate bond yields and prices of primary commodities.

Presents information on negotiable instruments. Discussion on Republicans policy of avoiding punitive legislation against the use of financial derivatives in the U.S.; Importance on the proper use of financial derivatives; Role of derivatives in hedging risks; Reactions to some new financial instruments; Information on corporate borrowers; Discussion of Great Britain's victory over France in the 18th and 19th centuries; Observation that new forms of financial paper can increase capital efficiency; Pioneers in banking; Development of capital market that enabled Great Britain to issue bonds.

The article discusses some of the political updates related to the U.S. The recent decision of the Supreme Court of Ohio that a municipality has no power to issue bonds payable in gold without special authority, simply affirmed a decision of the Circuit Court on the subject. A bond payable in gold dollars would be a limitation on the statutory dollar, as excluding the use of the paper and silver dollars. The "original package" question has again come up in a case arising under a West Virginia law. In order to check indulgence in what was considered the vice of smoking cigarettes, the legislature passed a statute requiring dealers in the article to pay what was thought to be the prohibitory tax of $500 for a license.

The article reports that Canadian mining corporation Teck Resources has brought the largest speculative grade bond deal in the U.S. since October 2007. The deal, which was also in the top 10 largest high yield deals of all time, has a seven point rally in the secondary market. It is stated that the response to the company's offering is attributable to the cheapness of the deal and the strength of the credit market in general. The article also reports that triple B forestry and paper products firm International Paper brought a $1 billion 1 year bond.

Offers a couple of far-from-Manhattan funds that handily beat their markets. Thomas Putnam of Fenimore Asset Management Value Fund from the rural upstate New York village of Cobleskill; Brian McMahon and H. Garrett Thornburg Jr. of Limited Term Municipal Fund-National Portfolio; Details of the funds.

The article offers news briefs related to business in the U.S. The effect of rising labor costs in U.S. have been offset by rising prices of goods. The increased military spending due to the escalation of conflict in Vietnam is leading to consumer income, inventory growth and capital expansion in U.S. Yields on corporate, government and municipal bonds are declining whereas rates of commercial papers have risen.

The article reports on amendments by the U.S. Treasury on the amount one can save a year in savings bonds. After January 1, 2008 the limit is $20,000 annually from $120,000: $5,000 in traditional Series EE and in inflation-indexed Series I bonds and $5,000 in paper bonds. A U.S. Treasury spokesperson claims they are trying to change the program toward smaller investments.

The author asserts that the U.S. should float long-term bonds. Britain has announced it will soon be floating 50-year bonds. Germany is expected to follow. The U.S. Treasury Department should immediately do the same and lock in low interest rates. Washington stopped selling 30-year bonds nearly four years ago. The idea behind that decision was that the national debt would soon be extinguished so there was no need to sell regular Treasury bonds beyond a term of ten years. That move was a mistake then, and it's certainly a mistake now. Sadly, Washington has had a long history of mismanaging the national debt. Taxpayers have shelled out literally tens of billions of dollars for unnecessary interest payments on Treasury bonds. The most egregious reason for the waste of interest money: the Treasury's obstinate refusal to put traditional call options on its long-term paper.

The article reports that the high grade bond market in the U.S. fell in November 2008. Issues sold were trading at least 30 basis (bp)-35bp outside issue price by the close in New York. Bankers in New York suggest that it will take at least several days for investors to get calm. Some senior syndicate bankers attributed the sudden and drastic reversal of fortune to greed by borrowers. Morgan Stanley paper is 110bp wider, while Bank of America, JPMorgan and Wells Fargo are all around 50bp-60bp wider.

This article focuses on the impact of inflation on investors in the U.S. in 1993. Economists who had projected 3% inflation now expect 4% in 1993. Investors worry that interest rates have bottomed out and may soon rise. When inflation strikes, rising prices rattle investors' faith in paper. They flee into tangible commodities such as gold, oil and real estate. Businesses that will be able to raise prices can benefit most from inflation. Industries that have downsized and are operating at tight capacities, such as steels, petroleum and textiles should fare well. Bonds are the biggest casualty of inflation. As interest rates go up, holders who bought at low rates are stuck with shrinking returns.

The article focuses trends in the stock market in the U.S. for 1981. It mentions the 25% increase posed by the Standard and Poor's index, the negative return of bonds and the dominant market phenomenon in 1980, the expected slowdown in the country as well as the decline in interest rates in 1981, and projected substantial demand for funds resulting from the takedown of federal agency paper and corporate bonds by individuals. One advice encourages investors to own 15% bonds for the year.