1. Money and the Markets.
- Subjects
MONEY market ,LOANS ,INTEREST rates - Abstract
This section offers news briefs related to money markets in the U.S. The demand for additional loans increases the possibility that interest rates will also rise due the depletion of reserves. The slow conversion of Liberty loans into Treasury bonds raised speculations that more cash is needed to complete the transactions. The nominees to the Federal Reserve Board include Harvard University Professor John H. Williams, New YorkState bank examiner J.A. Broderick and Concrete Steel President William H. Pouch.
- Published
- 1935