Federal Reserve Bulletin December 1925

Total Page:16

File Type:pdf, Size:1020Kb

Federal Reserve Bulletin December 1925 FEDERAL RESERVE BULLETIN DECEMBER, 1925 ISSUED BY THE FEDERAL RESERVE BOARD AT WASHINGTON Recent Banking Developments Business Conditions in the United States The New Central Bank of Chile WASHINGTON GOVERNMENT PRINTING OFFICE 1925 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis FEDERAL RESERVE BOARD Ex officio members: D. R. CRISSINGEE, Governor. EDMUND PLATT, Vice Governor. A. W. MELLON, Secretary of the Treasury, Chairman. ADOLPH C. MILLER. CHARLES S. HAMLIN. J. W. MCINTOSH, GEORGE R. JAMES. Comptroller of the Currency. EDWARD H. CUNNINGHAM. WALTER L. EDDY, Secretary. WALTER WYATT, General Counsel. J. C. NOELL, Assistant Secretary. WALTER W. STEWART, Director, Division of Research W. M. IMLAY, Fiscal Agent. and Statistics. J. F. HERSON, E. A. GOLDENWEISER, Assistant Director, Division of Chief, Division of Examination, and Chief Federal Research and Statistics. Reserve Examiner. E. L. SMEAD, Chief, Division of Bank Operations. FEDERAL ADVISORY COUNCIL District No. 1 (BOSTON) CHAS. A. MORSS. District No. 2 (NEW YORK) PAUL M. WARBURG, President. District No. 3 (PHILADELPHIA) L. L. RUE. District No. 4 (CLEVELAND) GEORGE A. COULTON. District No. 5 (RICHMOND) JOHN M. MILLER, Jr. District No. 6 (ATLANTA) OSCAR WELLS. District No. 7 (CHICAGO) FRANK O. WETMORE. District No. 8 (ST. LOUIS) BRECKINRIDGE JONES. District No. 9 (MINNEAPOLIS) G. H. PRINCE. District No. 10 (KANSAS CITY) > E. F. SWINNEY, Vice President. District No. 11 (DALLAS)-. .-.-—-. W. M. MCGREGOR. District No. 12 (SAN FRANCISCO) __—.-*. HENRY S. MCKEE. II Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis OFFICERS OF FEDERAL RESERVE BANKS Federal Reserve Bank of— Chairman Governor Deputy governor Cashier Boston . Frederic H. C urtiss - W. P. G. Harding - W. W. Paddock W. Willett. New York Pierre Jay Benj. Strong .._.. J.H. Case L. H. Hendricks.i L.F. Sailer. A. W. Gilbart.i G. L. Harrison J. W Jones.» E. R. Kernel G. E. Chapin.» Ray M. Gidney. L. R. Rounds.* Philadelphia R. L. Austin Geo. W. Norris Wm. H. Hutt C. A. Mcllhenny. W. G. McCreedy.i Cleveland _ E, R, Fanoher M. J. Fleming J. C. Nevm. Frank J. Zurlinden Richmond Wm. W. Hoxton George J. Seay . C. A. Peple Geo. H. Keesee. R. H. Broaddus JohnS. Waldenjr.* Atlanta Oscar Newton M.B. Wellborn J. L Campbell M. W. Bell. Chicago Wm A. Heath J. B. McDougal C. R. McKay W. C. Bachman.1 John H. Blair K. C. Childs.* J. H. Dillard.» D. A. Jones.* 0. J. Netterstrom.1 St. Louis Wm. McC. Martin D.C. Biggs 0. M. Attebery J. W. White. Minneapolis John R. Mitchell R. A. Young.. W. B. Geery— Gray Warren. B. V. Moore Frank C. Dunlop.1 Harry Yaeger * Kansas City M. L. McClure W.J. Bailey C. A. Worthington J. W.Helm. Dallas. C. C. Walsh Lynn P. Talley R. R. Gilbert Fred Harris. San Francisco John Perrin J. U. Calkins Wm. A. Day W. N. Ambrose. IrL.a CCler. Pontiouk s 1 Controller. > Assistant deputy governor. MANAGING DIRECTORS OF BRANCHES OF FEDERAL RESERVE BANKS Federal Reserve Bank of— Managing director Federal Reserve Bank of— Managing director New York: Minneapolis: Buffalo branch W. W. Schneckenburger Helena branch R. E. Towle. Cleveland: Kansas City: Cincinnati branch.... L. W. Manning. Omaha branch L. H. Earhart. Pittsburgh branch Geo. DeCamp. Denver branch J. E. Olson. Richmond: Oklahoma City branch C. E. Daniel. Baltimore branch A. H. Dudley. Dallas: Atlanta: El Paso branch M. Cramp. New Orleans branch Marcus Walker. Houston branch D. P. Reordan. Jacksonville branch Geo. R. DeSaussure. San Francisco: Birmingham branch A. E. Walker. Los Angeles branch R. B. Motherwell. Nashville branch J. B. Fort, jr. Portland branch Chicago: Salt Lake City branch W. L. Partner. Detroit branch W. R. Cation. Seattle branch C. R. Shaw. St. Louis: Spokane branch Louisville branch W. P. Kincheloe. Memphis branch V. S. Fuqua Little Rock branch A. F. Bailey. SUBSCRIPTION PRICE OP BULLETIN THE FEDERAL RESERVE BULLETIN is the board's medium of communication with member banks of the Federal reserve system and is the only official organ or periodical publication of the board. It contains, in addition to the regular official announcements, the national review of business conditions, detailed analyses of business conditions, research studies, reviews of foreign banking, and complete statistics showing the condition of Federal reserve banks and member banks. The BULLETIN will be sent to all member banks without charge. To others the subscription price, which covers the cost of paper and printing, is $2. Single copies will be sold at 20 cents. Outside of the United States, Canada, Mexico, and the insular possessions, $2.60; single copies, 25 cents. in Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis TABLE OF CONTENTS The month: Page Review of the month—Recent banking developments 839 Business conditions in the United States 846 Foreign debt funding agreements 843 New Central Bank of Chile.__ 890 Earnings and expenses of member banks 869 Volume and distribution of bankers' acceptances 874 Commodity classification of acceptances 877 Member bank borrowings from Federal reserve banks, by class of borrowing banks 878 Official: Rulings of the Federal Reserve Board—Date of termination of membership of State bank vol- untarily withdrawing from Federal reserve system 882 Changes in State bank membership 882 Changes in national bank membership 883 Fiduciary powers granted to national banks 883 Business statistics for the United States: Industrial activity 884 Commodity movements 887 Wholesale and retail trade 888 Estimate of crop production 883 Foreign banking and business conditions: Financial statistics for principal foreign countries 892 Foreign trade of principal countries 895 Industrial statistics for England, France, Germany, and Canada 896 Price movements in principal countries— Federal Reserve Board wholesale price indexes 899 Wholesale prices in principal countries 900 Retail prices and cost of living in principal countries 902 Banking and financial statistics: Federal reserve banks— Condition of Federal reserve banks _ 903 Federal reserve note account 907 Holdings of earning assets 908 Discount and open-market operations of Federal reserve banks 909 Gold settlement fund 918 Discount rates of Federal reserve banks 918 Member banks— Condition of reporting member banks in leading cities.- 910 Banker's balances at reporting member banks in Federal reserve bank cities 911 Deposits of all member banks 912 All member banks—Abstract of condition reports on September 28, 1925 913 Bank debits - 919 Member banks and nonmember banks on par list and not on par list 920 Money rates in principal cities 921 Money in circulation 920 Gold and silver imports and exports 922 Foreign exchange rates 923 IV Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis FEDERAL RESERVE BULLETIN VOL. 11 DECEMBER, 1925 No. 12 REVIEW OF THE MONTH FEDERAL RESERVE BANKS Reflecting chiefly the larger currency and [In millions of dollars] credit requirements of the autumn, demand November, November, Change for credit at the Federal reserve 19241 1925 1 Increased vol- b k increased in recent an s Total bills and securities 1,076 1,291 +215 f baMk months and a fur credit ° > *er growth Discounts 227 598 +371 Acceptances 260 352 +92 in member bank credit brought United States securities 586 332 —254 the outstanding volume in the middle of No- Allother 3 9 +6 vember to thehighestlevel on record. Elements i Average for four report dates. in the recent growth in volume of bank credit have been the seasonal increase in commercial Discounts for member banks increased by demand for credit to finance the marketing of $370,000,000 for the year and holdings of pur- crops and the autumn trade, and the continued chased acceptances by $90,000,000, with the increase in the volume of loans on securities. consequence that total bills and securities The larger demand for funds to meet increased were $215,000,000 larger, notwithstanding the currency and credit requirements has been re- reduction of $255,000,000 in United States flected in a rise of money rates in the open mar- securities from their high level of the autumn ket and in a rapid increase in borrowings at the of 1924. Acceptance holdings of the reserve reserve banks. In November discount rates at banks had declined to a low figure in the sum- the Federal reserve banks of Boston, Cleveland, mer of 1924, when low money rates and the Philadelphia, and San Francisco were ad- abundance of loanable funds resulted in an vanced from 3 y% to 4 per cent. active demand for bills by banks and other The volume of reserve bank credit out- investors. In the autumn of last year, how- standing in November was larger by about ever, the seasonal demand for reserve bank $215,000,000 than at the same credit was met to a considerable extent Position of re- through the sale of acceptances to the reserve serve banks. season a year earlier. Among the principal influences r a us- banks, and at the end of the year acceptance ing this growth in reserve bank credit during holdings of these banks had increased to the year were net withdrawal of more than $400,000,000. In 1925, with higher money $100,000,000 of gold for export, an increase in rates, acceptance holdings of the reserve the volume of money in circulation, and a banks, though declining during the first six growth in member bank reserve requirements, months, were continuously above $200,000,000, arising out of a growth in their deposits and and by the middle of November their volume reflected in an increase of about $80,000,000 had risen above the level of the same period in the deposits of the reserve banks.
Recommended publications
  • Records of the Immigration and Naturalization Service, 1891-1957, Record Group 85 New Orleans, Louisiana Crew Lists of Vessels Arriving at New Orleans, LA, 1910-1945
    Records of the Immigration and Naturalization Service, 1891-1957, Record Group 85 New Orleans, Louisiana Crew Lists of Vessels Arriving at New Orleans, LA, 1910-1945. T939. 311 rolls. (~A complete list of rolls has been added.) Roll Volumes Dates 1 1-3 January-June, 1910 2 4-5 July-October, 1910 3 6-7 November, 1910-February, 1911 4 8-9 March-June, 1911 5 10-11 July-October, 1911 6 12-13 November, 1911-February, 1912 7 14-15 March-June, 1912 8 16-17 July-October, 1912 9 18-19 November, 1912-February, 1913 10 20-21 March-June, 1913 11 22-23 July-October, 1913 12 24-25 November, 1913-February, 1914 13 26 March-April, 1914 14 27 May-June, 1914 15 28-29 July-October, 1914 16 30-31 November, 1914-February, 1915 17 32 March-April, 1915 18 33 May-June, 1915 19 34-35 July-October, 1915 20 36-37 November, 1915-February, 1916 21 38-39 March-June, 1916 22 40-41 July-October, 1916 23 42-43 November, 1916-February, 1917 24 44 March-April, 1917 25 45 May-June, 1917 26 46 July-August, 1917 27 47 September-October, 1917 28 48 November-December, 1917 29 49-50 Jan. 1-Mar. 15, 1918 30 51-53 Mar. 16-Apr. 30, 1918 31 56-59 June 1-Aug. 15, 1918 32 60-64 Aug. 16-0ct. 31, 1918 33 65-69 Nov. 1', 1918-Jan. 15, 1919 34 70-73 Jan. 16-Mar. 31, 1919 35 74-77 April-May, 1919 36 78-79 June-July, 1919 37 80-81 August-September, 1919 38 82-83 October-November, 1919 39 84-85 December, 1919-January, 1920 40 86-87 February-March, 1920 41 88-89 April-May, 1920 42 90 June, 1920 43 91 July, 1920 44 92 August, 1920 45 93 September, 1920 46 94 October, 1920 47 95-96 November, 1920 48 97-98 December, 1920 49 99-100 Jan.
    [Show full text]
  • Federal Reserve Bulletin August 1925
    FEDERAL RESERVE BULLETIN AUGUST, 1925 ISSUED BY THE FEDERAL RESERVE BOARD AT WASHINGTON Position of the Reserve Banks at Mid-Year Business Conditions in the United States Report of the Agent General for Reparation Payments WASHINGTON GOVERNMENT PRINTING OFFICE 1925 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis FEDERAL RESERVE BOARD Ex officio members: D. R. CRISSINGER, Governor. EDMUND PLATT, Vice Governor. A. W. MELLON, Secretary of the Treasury, Chairman. ADOLPH G. MILLER. CHARLES S. HAMLIN. J. W. MCINTOSH, GEORGE R. JAMEB. Comptroller of the Currency. EDWARD H. CUNNINGHAM. WALTER L. EDDY, Secretary. WALTER WYATT, General Counsel. J. C. NOELL, Assistant Secretary. WALTER W. STEWART, Director, Division of Research W. M. IMLAY, Fiscal Agent. and Statistics, J. F. HERSON, E. A. GOLDENWEISER, Assistant Director, Division of Chief, Division of Examination, and Chief Federal Research and Statistics. Reserve Examiner. E. L. SMEAD, Chief, Division of BanVOperations. FEDERAL ADVISORY COUNCIL District No. 1 (BOSTON) CHAS. A. MORSS. District No. 2 (NEW YORK) PAUL M. WARBURG, President, District No. 3 (PHILADELPHIA) L. L. RUE. District No. 4 (CLEVELAND) GEORGE A. COULTON. District No. 5 (RICHMOND) JOHN M. MILLER, Jr. District No. 6 (ATLANTA) OSCAR WELLS. District No. 7 (CHICAGO) FRANK O. WETMORE. District No. 8 (ST. LOUIS) BRECKINRIDGE JONES. District No. 9 (MINNEAPOLIS) G. H. PRINCE. District No. 10 (KANSAS CITY) E. F. SWINNEY, Vice President, District No. 11 (DALLAS) W. M. MCGREGOR. District No. 12 (SAN FRANCISCO).-: HENRY S. MCKEE. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis OFFICERS OF FEDERAL RESERVE BANKS Federal Reserve Bank of— Chairman Governor Deputy governor Cashier Boston.
    [Show full text]
  • August 1925) James Francis Cooke
    Gardner-Webb University Digital Commons @ Gardner-Webb University The tudeE Magazine: 1883-1957 John R. Dover Memorial Library 8-1-1925 Volume 43, Number 08 (August 1925) James Francis Cooke Follow this and additional works at: https://digitalcommons.gardner-webb.edu/etude Part of the Composition Commons, Ethnomusicology Commons, Fine Arts Commons, History Commons, Liturgy and Worship Commons, Music Education Commons, Musicology Commons, Music Pedagogy Commons, Music Performance Commons, Music Practice Commons, and the Music Theory Commons Recommended Citation Cooke, James Francis. "Volume 43, Number 08 (August 1925)." , (1925). https://digitalcommons.gardner-webb.edu/etude/726 This Book is brought to you for free and open access by the John R. Dover Memorial Library at Digital Commons @ Gardner-Webb University. It has been accepted for inclusion in The tudeE Magazine: 1883-1957 by an authorized administrator of Digital Commons @ Gardner-Webb University. For more information, please contact [email protected]. MVSIC ffETVDE MAG A ZINE Price 25 cents AUGUST, 1925 $2.00 a Year MODERN REVELATIONS IN PIANO TECHNIC, E. ROBERT SCHMITZ 1 HE ETUDE AUGUST Plano Teaching Material Recently Issued Study Material of Various Grades BILBRO’S KINDERGARTEN BOOK FIRST PIANO LESSONS AT HOME GOLDEN MEMORIES 5s;£Si=?fc wh£S look J=Sfe i® giliiii! SHORT STUDY PIECES SHORT MELODY ETUDES ETUDES MINIATURES Wlmim SIX STUDY PIECES FOR THE WSHMB: TEN BUSY FINGERS DEVELOPMENT OF THE WRIST SIX STUDY PIECES IN THIRDS Biite ETUDES DE STYLE SIXTEEN RECITAL ETUDES MELODIOUS ELEMENTARY mSm .1.H S PLAY AND SPORT TOUCH AND TONE 40 SECOND ANDTHgD GRADE STUDY INTERMEDIATE STUDY PIECES By A.
    [Show full text]
  • Field Expedition Records, 1914, 1923-1942
    Field Expedition Records, 1914, 1923-1942 Finding aid prepared by Smithsonian Institution Archives Smithsonian Institution Archives Washington, D.C. Contact us at [email protected] Table of Contents Collection Overview ........................................................................................................ 1 Administrative Information .............................................................................................. 1 Descriptive Entry.............................................................................................................. 1 Names and Subjects ...................................................................................................... 1 Container Listing ............................................................................................................. 3 Field Expedition Records http://siarchives.si.edu/collections/siris_arc_238795 Collection Overview Repository: Smithsonian Institution Archives, Washington, D.C., [email protected] Title: Field Expedition Records Identifier: Accession 02-051 Date: 1914, 1923-1942 Extent: 10.69 cu. ft. (19 document boxes) (2 half document boxes) (1 16x20 box) Creator:: Freer Gallery of Art Language: Language of Materials: English Administrative Information Prefered Citation Smithsonian Institution Archives, Accession 02-051, Freer Gallery of Art, Field Expedition Records Descriptive Entry This accession consists of records documenting the joint expedition made by the Freer Gallery of Art and the Museum of Fine Arts, Boston, from February 20,
    [Show full text]
  • Death Certificate Index - Monroe (7/1919-1925 & &/1935-1939) 5/21/2015
    Death Certificate Index - Monroe (7/1919-1925 & &/1935-1939) 5/21/2015 Name Birth Date Birth Place Death Date County Mother's Maiden Name Number Box Abegglen, Lucia 1852 Indiana 03 July 1936 Monroe Unknown G68-0097 D2803 Abramson, Bertha c.1841 Sweden 23 May 1922 Monroe Unknown 68-0200 D2359 Acheson, Margret c.1840 Ohio 16 Apr. 1922 Monroe Simes 68-0194 D2359 Acord, Ira Patterson 08 Dec. 1830 Ohio 17 Feb. 1920 Monroe Oliver 68-2403 D2358 Acuff (Baby Boy) 18 Aug. 1922 Iowa 20 Aug. 1922 Monroe Patterson 68-0252 D2359 Acuff, Agness c.1887 Iowa 01 Sept. 1922 Monroe Dodd 68-0248 D2359 Adair, Charles 26 Mar. 1870 Iowa 18 Dec. 1939 Monroe Van Gordum 68-0157 D2906 Adams, Grace 26 Sept. 1894 Iowa 11 Apr. 1925 Monroe Clark 68-0847 D2360 Adams, Mary Martha 02 Dec. 1845 Pennsylvania 14 Dec. 1923 Monroe Clever 68-0582 D2359 Adams, Verna May 20 Apr. 1923 Iowa 13 Sept. 1923 Monroe Housley 68-0533 D2359 Adkins, Martha Ella Dec. 1921 Iowa 31 Jan. 1923 Monroe Grevitt 68-0404 D2359 Adkinson, Mary Eliz 1856 Iowa 17 Dec. 1938 Monroe Raunk J68-0170 D2873 Albright, Mabel 14 June 1911 Missouri 15 Oct. 1925 Monroe Weatherly 68-0948 D2360 Alexander, Wanetta L. c.1921 Iowa 26 Mar. 1922 Monroe Miller 68-0158 D2359 Alford, William 28 Mar. 1861 Kentucky 28 Mar. 1924 Monroe Matterson 68-0635 D2359 Allen, Chaney O. 15 June 1861 Michigan 03 June 1924 Monroe Knowlton 68-0695 D2359 Allen, Hattie 11 Dec. 1889 Iowa 11 Aug. 1919 Monroe Grieves 68-2299 D2358 Allen, Jenette 10 Feb.
    [Show full text]
  • 1925 Congressional Reoord-Sen Ate 1945
    1925 CONGRESSIONAL REOORD-SEN ATE 1945 By Mr. WYANT: A bill (H. R. 11699) granting an increase ance blll (S. 3218) ; to the Committee en the District of of pension to Elizabeth Clark; to the Committee on Invalld Columbia. Pensions. 3471. Also, petition of G. H. Martin and others, protesting Also, a bill (H. R. 11700) gran!ing an increase of pension against the Sunday observance bill· .( S" 3218) ; to the Com· to Mary L. Deemet ; to the Oomm1ttee on Invalid Pensions. mittee on the District of Columbia. By Mr. KNUTSON: Resolution (H. Res. 405) to pay to Walter C. Neilson $1,500 for extra and expert services to the Committee on Pensions by detail from the Bureau of Pensions ; SENATE to the Committee on Accounts. FRIDAY, January 16, 1925 PETITIONS, ETC. (Legislative day of Thursday, Jatntu.a1"1J 15, 1!125) Under clause 1 of Rule XXII, petitions and papers were laid The Senate met in open executive session at 12 o'clock on the Clerk's· desk and referred as follows: meridian, on the expiration of the recess. 3456. By the SPEAKER (by request) : Petition of Federation The PRESIDENT pro tempore. The Ohair lays before the of Citizens' Associations of the District of Columbia, asking for Senate the treaty with Cuba. a more definite proportionate contribution by the Federal Gov­ l\.lt. CURTIS. M.r. President, I suggest the absence of a ernment and the District of Columbia in appropriations for the quorum. maintenance, upkeep, and development of the Federal territory; The PRESIDENT pro temp01·e. The Clerk will call the to the Committee on the District of Columbia.
    [Show full text]
  • The London Gazette, 7 July, 1925
    4534 THE LONDON GAZETTE, 7 JULY, 1925. The undermentioned Flying Officers are AFTER LIMITED COMPETITION. granted the honorary rank of Flight Lt.:— Admiralty: Departmental Clerical Class, Leslie Steuart HAMILTON (Capt. Indian William Joseph Andrews. Army, retd.). 4th June 1925. Post Office: Female Telegraphist, Londont William Frederic HUMPHERY (Lt., R.N., Ivy Florence Maynard. retd.). 4th May 1925. Eichard Edgar Bryant ROSE (Lit., R.N., Female Sorting Clerks and Telegraphists, retd.). 22nd June 1925. Mabel Beckwith (Derby), Kathleen Hobson Flight Lt. John Augustus BARRON is (Bristol). placed on half-pay, scale B, from 7th July WITHOUT COMPETITION. 1925 to 15th Sept. 1925 inclusive. Admiralty, H.M. Dockyards and Naval Estab- Pilot Officer Alexander Hutchinson MONT- lishments: Engine Fitters, Edward Charles GOMERY takes rank and precedence as if his Hinks, William Charles Neate, Alfred appointment as Pilot Officer bore date 19th Robert Stainbank Wells. May 1925. Eeduction to take effect from Inland Revenue: Stampers, Arthur George 25th May 1925. Lyme, Walter Leonard Moon, George The undermentioned Flying Officers are Frederick Mullis. transferred to the Reserve:— Post Office: Contract Officer, Lewis James CLASS A. Leonard Thomas. Thompson James SHAW. ' 5th July 1925. Male Sorter, London, Frederick Timms. Donald Risborough SHARMAN, M.C. 7th Male Sorting Clerk and Telegraphist, July 1925. Mil ford Haven, Hubert William Lewis. CLASS C. Female Sorting Clerk and Telegraphist, Cyril Arthur MASON. 9th May 1925. Maesteg, Bridgend, Phyllis Margaret Edmond King CLIFFORD. 27th June 1925. Davies. Skilled Workman, Emmanuel Charles Pilot Officer Jack Alexander BRAMLEY re- Streeter. linquishes his shprt service commission on account of illhealth. 8th July 1925.
    [Show full text]
  • Record Unit 208 the Vineyard Magazine, 1924-1925 by Barbara Murphy
    Finding Aid to the Martha’s Vineyard Museum Record Unit 208 The Vineyard Magazine, 1924-1925 By Barbara Murphy Descriptive Summary Repository: Martha’s Vineyard Museum Call No. Title: The Vineyard Magazine, 1924-1925 Creator: Quantity: 0.5 cubic feet Abstract: The Vineyard Magazine, 1924-1925 collection contains the entire run of this short-lived magazine Administrative Information Acquisition Information: Processing Information: Barbara Murphy Access Restrictions: none Use Restrictions: none Preferred citation for publication: Martha’s Vineyard Museum, The Vineyard Magazine, 1924-1925, Record Unit 208 Index Terms - Harleigh Bridges Schultz - Natalie Salandri Schultz Series Arrangement Series I: Magazines Series II: Reference Historical Note: The Vineyard Magazine was a monthly magazine devoted to the interests of Martha’s Vineyard, published by Harleigh Bridges Schultz and his wife Natalie Salandri Schultz. The first issue was published in August 1924. The 1 magazine lasted only a year and its last issue was published in August 1925. Harleigh Schultz was born in 1882 and died in 1958. Born in Richmond, VA, he worked for the Hearst publications and also at the Boston American. He moved to Vineyard Haven, MA, soon after the conclusion of World War I. He is known to have been employed in both insurance and real estate. Mr. Schultz was also an employee of the NE Steamship Company in Oak Bluffs following the 1918 armistice. Shortly after his arrival, he began to publish a weekly newspaper that was eventually consolidated with the Vineyard Gazette in 1921. Mr. Schultz became the principal-teacher at the West Tisbury Academy and worked there until he left the Island in 1925.
    [Show full text]
  • The Frisco Employes' Magazine, July 1925
    -VOL. I1 No. 10 JULY 1925 HE thought uppermost in the minds of innun~crahlepassengers Tarriving in and (!:parting from railway stations in this country daily. Many of the trains carrying these passcngers and thousands of the pas- sengers arc ((on time" with Illinois Watches. The enormous demand for complctc. Bunn Specials, illustrated above, is evidence of their popularity with railway lucn everywhere. ILLINOIS WATCH COMPANY THE FRISCO EMPLOYES' MAGAZINE 827 FRISCO BUILDING .. ST. LOUIS WM. L. HUGGINS . Jr .. Editor MARTHA C . MOORE Asrociate Editor VOL . I I JULY. 1925 No . 10 Permission is given to reprint. with credit. in part or in full. any article appearing in the Magazine Contents of This Issue PAGE A Message from President Kurn ..................................................................................................... 2 Third Annual Veterans Reunion at Springfield ................................................................... 3 7 Better Service Contest Winners for July ................................................................................. 8- 9 Miss Marybelle Newman Chosen Missouri University Beauty Queen ....................................10 Sixteen Hundred Strawberry Cars via Frisco this Season................................................... 11-13 "Among Ourselves," The Clerks. Cartoon-By /oh . Godscy ................................................14 Our Front Cover ....................................................................................................................................15
    [Show full text]
  • Pace Student, Vol.10 No 9, August, 1925 Pace & Pace
    University of Mississippi eGrove The aP ce Student Accounting Archive 1-1-1925 Pace Student, vol.10 no 9, August, 1925 Pace & Pace Follow this and additional works at: https://egrove.olemiss.edu/acct_pace Part of the Accounting Commons, and the Taxation Commons Recommended Citation Pace & Pace, "Pace Student, vol.10 no 9, August, 1925" (1925). The Pace Student. 125. https://egrove.olemiss.edu/acct_pace/125 This Article is brought to you for free and open access by the Accounting Archive at eGrove. It has been accepted for inclusion in The aP ce Student by an authorized administrator of eGrove. For more information, please contact [email protected]. Pace Student Vol. X New York, August, 1925 No. 9 The Accountant’s Legal, Moral, and Financial Responsibility The first part of a paper read on April 2, 1925, before the Michigan Association of Certified Public Accountants by Richard Fitz-Gerald, C.P.A., of the Detroit office of Lybrand, Ross Bros. & Montgomery Morals vs. Law Accountancy IVIL law is merely a rule of action for the To determine the degree of responsibility im­ guidance of people in their relations one with posed on the profession of accountancy by society, C another. The moral law, on the other hand, it is necessary to consider the purposes it serves. is the internal prompting of conscience urging menThe function of the legal profession is to aid in to do right one by another. The civil law is regulating relations between man and man. This synthetic, built up slowly over the ages by man as is also, in a more restricted sense, the function of the he advanced in his upward struggle from barbarism.
    [Show full text]
  • October to December 1925, Inclusive: Index To
    financial )11-rontrie INCLUDING Railway & Industrial Compendium Public Utility Compendium Bank and Quotation Section State & Municipal Compendium Railway Earnings Section Bankers' Convention Section A WEEKLY NEWSPAPER Representing the Industrial Interests of the United States OCTOBER TO DECEMBER, 1925, INCLUSIVE VOLUME 121—PART 2 WILLIAM B. DANA COMPANY, PUBLISHERS FRONT, PINE & DEPHYSTER STS., NEW YORK. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Copyright in 1926, according to Act of Congress, by WILLIAM B. DANA COMPANY In office of Librarian of Congress, Washington, D. C. i Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis OCT.-DEC., 1925.] INDEX INDEX TO VOLUME 121-PART 2. OCTOBER 1 TO DECEMBER 31 1925 EDITORIAL AND COMMUNICATED ARTICLES Page. Page. Page. A B. A. Convention Resolution for Exten- Coolidge, President, Attitude Towards Bank Fire Protestion Week, National 1616 sion of Charters of Federal Reserve Loans to Foreign Countries 1832 Fluctuations, The Advantages of—Article Banks—Unwisdom of Such a Step 1603 Coolidge. President, Attitude Toward Dis- by Hartley Withers 1844 Agricultural Bureau Reports on Cotten or armament Conferences 1956 Food Prices, Retail, by Cities 2338 Grain. See Cotton or Grain. Coolidge, President. Discusses Italy's War Foreign Exchange Market, Weekly Review, Allied Indebtedness to United States. See Debt With American Commission 2193 1612, 1721, 1837, 1961, 2090. 2202, 2326, United States. Coolidge, President, Views on Italian War 2452, 2564, 2680. 2801, 2919, 3046 Allied Reparations Commission. See German Debt Settlement 2443 Foreign Exchange Rates as Certified by Fed- Reparations. Corn, Agricultural Bureau Report on. See eral Reserve Banks1614, 1723, 1839.
    [Show full text]
  • German Industrial Charges Law (Germany, Reparation Commission)
    REPORTS OF INTERNATIONAL ARBITRAL AWARDS RECUEIL DES SENTENCES ARBITRALES German industrial charges law (Germany, Reparation Commission) 28 December 1925 VOLUME II pp. 745-752 NATIONS UNIES - UNITED NATIONS Copyright (c) 2006 XV. GERMAN INDUSTRIAL CHARGES LAW K PARTIES: Germany, Reparation Commission. SPECIAL AGREEMENT: § 69 of German Statute of August 30,1924. ARBITRATOR: Marcus Wallenberg (Sweden). AWARD: Stockholm, December 28, 1925. Should the German Public Law Mortgage of 1924 apply to industrial property acquired after September 1924?—Interpretation of German Statute.—Importance of international and national "Preparatory Work". —Importance of object aimed at in a treaty, in determining its interpret- ation. 1 For bibliography, index and tables, see Volume III. 747 Agreement. GERMAN "INDUSTRIAL CHARGES LAW" OF AUGUST 30th, 1924. Arbitration. § 69. — (1) Any dispute which may arise between the Government of the Reich or the Bank, on the one hand, and the Reparation Commission or the Trustee, on the other hand, concerning the interpretation of this law, or the legality, appropriateness or fairness of any measure taken or to be taken in virtue of these provisions, shall be decided by an arbitrator without right of appeal. The arbitrator shall be appointed jointly by the Govern- ment of the Reich and the Reparation Commission as soon as this law •comes into force and for a period of not less than five years. Failing agree- ment as to the choice of the arbitrator, he shall be appointed by the President of the Permanent Court of International Justice. If the arbitrator is prevented from giving a decision in a particular case, an arbitrator shall be appointed for that case in accordance with the same procedure.
    [Show full text]