Search

This section offers news briefs related to the business sector of the U.S. as of February 1970. Finance analysts believe that the decline in the interest rates in the country is seasonal and it is influenced by the weakening in the demand for public funds. An increase in corporate bonds issued in January has contributed to the change in the trend in the interest rates. Manufacturing industries are operating at 77 per cent of their capacity which is considered as the lowest rate since the last month of 1960.

The article discusses the trend of increasing interest rates from the 90-day Treasury bills to long-term corporate bonds. It points out that the expanding economy is one reason for the increase in rates as money markets prepare for an onslaught of federal borrowing in October 1972. It indicates efforts of Federal Reserve Board to keep money supply growth down and keep the prime held below the 6% mark as it follows a slightly more restrictive monetary policy. It cites belief of some New York bankers that the prime will hit 6% before election day.

The article reports on the challenges faced by the turnpikes in covering their bond interest payments in the U.S. in 1957. It mentions that turnpikes commissions are trying to increase revenues by revising their tolls, which aimed at cutting interests by getting state backing for bonds. As a result, the 10-month 1957 revenue for the road ran over 30%.

The article looks at the impact of the refusal of the U.S. Congress to increase the ceiling on government bond interest rates on the financial markets. One such impact is the rise of the three-month Treasury bill rate to 3.8% in August 1959. Government bond yields also reached a 38-year peak of 4.8% and corporate and municipal bond prices started dropping. Amidst the crisis, the Federal Reserve remains firm on its tight money policy.

The article reports that the U.S. Federal reserve is being criticized for failing to bring long-term lending rates down. According to economic experts, when business declines, long-tern interest rates should also come down to moderate the slump. It is said that the interest rates began falling in mid April, but it is too late now as the higher rates have already discouraged investments.

In the article, the author discusses developments in the U.S. stock market as of mid-July 1973. He cites the move by the Committee on Interest and Dividends to liberalize dividend payouts in the market. He examines the effects of the move to the performance of the Dow Jones industrials (DJI). He also explains the effects of the liberalization on interest rates.

The article focuses on the growing interest rates in the U.S. and its impact on insurance companies and federal housing. It is mentioned that some savings and loans are paying rates as high as 5 and 1/4 percent. U.S. Congress lifted price ceilings in May 1968 that allowed homebuyers to pay higher interest rates. It is said that Congress prevents the government to pay more than 4 and 1/4 percent interest for any obligation maturing in over seven years.

The article reports on the increase in the demand for the U.S. corporate and municipal bonds in the U.S. bond market. It reports on Sidney Homer head of Solomon Brothers & Hutzler's research department who believes the trend will continue inspite of the U.S. government raising the ceiling. It reports that demand for the bonds will remain strong till the yields are eight to nine percent.

The article talks about the U.S. government's new home financing policies. In order to create more loanable funds, the Federal Housing Administration (FHA) announced that on January 1, 1957, lenders are allowed to charge the rate of 5% on mortgages it insures with an additional 1/2% FHA insurance charge resulting into the borrower paying a total of 5 and1/2 %. The FHA also allowed a 1/4% hike for multi-family insured loans bringing the new interest rate to 4 and 1/2%.

The article discusses the implications of tighter and scarcer credit on investors in common stocks in the U.S. Topics discussed include rising yield on Treasury bonds, increasing interest rates and less return on common stocks as compared on preferred stocks. Also mentioned are the major decline suffered by the stock market in 1946 and some investment advisors' view that many industrial stocks are not attractive anymore to investors.

The article discusses the increasing borrowing cost in the U.S. as of August 23, 1952. This is said to be a result of the considerable tightening of money. The move by major banks in Manhattan, New York City to increase their loan rates is mentioned. The interest rate paid by the Treasury Department on its weekly issue of 91-day bills last week is said to be the highest since at least 10 years. The role of the Federal Reserve System in controlling money supply is tackled.

The article provides an outlook on whether the bear market in bonds will continue in the U.S. in 1968. It examines the belief of some stock market observers that interest rates will remain high enough to offset the steady decline in the purchasing power of bonds. New York City Mayor John V. Lindsay has asked the state's legislature permission to raise from 5% to 6% the maximum rate the city could pay on its bonds.

The article offers updates related to the present business conditions of the U.S. Interest rates in the credit markets have increased from 7% to 8.75% in the past two months and the Federal Reserve Bank of New York is asking the banking industry to tighten the lending policies. A survey from the National Family Opinion Inc. reveals optimism among consumers regarding the present business conditions.

The article presents a business outlook for the U.S., as of September 30, 1972. Financial economists in the country are divided on their views regarding the balance between the supply and demand for funds and what it will do to interest rates. Information is also given on the uncertainty of the condition of the inflation rate. Bohdan J. Kekish, an analyst from Moody's Investor Service Inc, cites the need to consider credit controls as an influence to money rates.

The article offers news briefs related to economic conditions prevailing in the U.S. Interest rates in the country are increasing indicating that the economic recovery is gaining strength. According to the figures released by the U.S. Department of Commerce retail sales in March 1971 will be 31.9 billion dollars. Steel output has increased by 20% during January 1971 to April 1971.

The article reports on the fall in the prime lending rate in the U.S. in November 1970 and the economic policy of the U.S. Federal Reserve Board for the future. Chase Manhattan Bank cut its prime lending rate from 7.25% to 7% followed by every big bank in the U.S. U.S. treasury bills, long-term government issues, and municipal bond rates have also been affected. As mentioned, the Board is most likely to opt for still lower interest rates and the discount rate could fall to 5.5% at any time.

The article focuses on the fall of interest rates in May 1969 after the talks of a U.S. troop pullout in Vietnam, which is the reason why investors are grabbing the high interest rates offered until they last. The interest rates decrease is also a sign that the U.S. economy is slowing down based on the fact that the housing market has declined two months prior May 1969. Sidney Homer and Henry Kaufman of Salomon Bros. & Hutzler said that the efforts of the White House and the Federal Reserve seems to be a conflicting objective.

The article reports that business borrowing has showed little letup, despite the soaring interest rates in the U.S. It states that the Federal Reserve's tight money policy has influenced the six percent increase in the nation's money supply. Moreover, demand for bond market money and for bank money have continued to increase.

The article reports on increase in prime rates by big commercial banks in the U.S. and also presents a chart showing prime lending rates of commercial banks of the country in 1967-68. It is argued that the reason behind the rise in the prime rate is increase in money costs across the Federal Reserve Board.

The article discusses interest rate-related pressures being faced by the U.S. government bond market. It presents a chart illustrating increase in both short-term and long-term interest rates for government bonds from November 1960 to June 1961. It describes how the U.S. Federal Reserve System has been dealing with issues concerning bond prices. The lack of stability in the short-term bond market is also explored.

The article discusses the latest developments in the U.S. financial market as of August 28, 1948 including the increase in the interest rates for corporate loans due to the move by the U.S. Treasury to hike interest rates on its certificates and the move by the U.S. Federal Reserve to boost rediscount rate.

The article offers information on present trend in the U.S. stock market. It mentions the reasons for the decline in the interest rates of stocks which includes announcement made by secretary of the Treasury John Snyder on rate of government securities. It also mentions significance of announcement made by Snyder which includes assurance on rates of government bonds. It presents a chat that lists the box score of 1948 bull market in various stocks including radio, paper and Copper.

The article presents a general business and financial outlook for the U.S. for 1920. Topics discussed include the banking industry's conservative actions and higher interest rates resulting from bankers' calling in of loans, a demoralization in the international exchanges, and declines in the prices of stocks and bonds. Also mentioned are industrial leaders' optimistic outlook, the growing prosperity of the agricultural sector, and higher wages.

The article focuses on the issues concerning the "bill rate," which is recognized as an index of short-term money's tightness. It states that a squeeze in the money market is determined by considering the interest rates paid by the U.S. Treasury. It says that the Treasury's bill rate reached its highest level since the banking panic in 1933 started. Moreover, it adds that banks receive reserves by obtaining reserves from the Federal Reserve and trading government securities at the money market.

The article reports on the decrease in prices of fixed-interest securities in the U.S. It is stated that ever since the fixed-interest securities have been released from the government's easy money policies, they have been dropping. It is mentioned that the climbing interest rates have also impacted municipal bonds.

The article offers information on the stock market of the U.S. It states that government bonds have been declined by the Federal Reserve System by dollar 414 million. It also states that its not a suitable time for the investors to invest in the government market. It mentions that Federal Reserve may raise the prices of government bonds, and so is prepared to raise credit by reducing interest rates.

The article discusses interest rates cuts issued by the U.S. Department of Treasury as the price of long-term government bonds go higher.

The article focuses on the policy of the U.S. Treasury Department on money market, which has headed to a new peak despite its successful marketing of three billion dollars new-money offering. It states that the treasury places an interest tag of four percent on its three different issues to sell them, such as a redeemable five-year certificate in two and a half years, a one-year note, and a 12-year bond. It explores the position of the U.S. Federal Reserve on its tight monetary policy.

The article offers an outlook for U.S. business in 1966. It notes that the Federal Reserve Board (Fed) is pressured to implement more money tightening, particularly in the absence of fiscal restraint. It considers the performance of money supply, bank reserves and business loans as indicators of monetary tightness. Also noted is the increasing interest rates after easing off in March, which is considered to be another way to interpret monetary policy.

The article presents an outlook of the business conditions in the U.S. in 1974. It notes the abrupt increase of interest rates and the new orders of manufacturers which indicate a high demand. It shows the list of leading indicators of the Commerce Department which rose to 1.8% followed by a 1.2% advance in January. It mentions the positive impact of energy shortages on employment according to the Bureau of Labor Statistics.

The article reports on the growing speculation on whether the U.S. Federal Reserve will move along the course of cutting prime lending rates which was primarily initiated by First Pennsylvania Banking & Trust Co. Bankers have already expected that the Federal Reserve will turn away from easier money based on the July 1970 economic indicators wherein interest rates was slack. It was surmised that with the prime rate down, the Federal Reserve will likely continue its policy of gradual ease on interest rates or cut its discount rate before the elections.

This article reports on the shock of the decline in bond prices which triggered a sharp rise in interest rates. The decline in bond prices has been similar to the decline in stock prices. The rise in interest rates does not only impact businesses but government borrowers as well. To keep short term rates low the U.S. Federal Reserve Board has to inject 2 billion dollars into the financial system.

The article focuses on the looming fight in the U.S. Congress over tight money and high interest rates. At issue is the 4.25% ceiling on long-term government bonds, affecting U.S. bonds of more than five years of maturity. The Treasury Department is faced with the challenge of getting an approval for an interest rate high enough to compete in the long-term money market. Republican leaders believe Democrats will support the proposed high interest rate because of inflation concerns.

The article reports on the phenomenon of increasing number of Canadian borrowers coming to the U.S. money market to borrow due to comparatively lower interest rates prevailing in the U.S.