Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-10-23
'oney Matters
! Are improving
~ CleW's ReView States Iaat
;rowth of Domestic and Gov
eminent Business Are En-
cOuruging Features

H. York. Oct. 22.-The money
ftion iu the United States IS con
kabiy better than IT was one week
4 is the statement made IN the
H. review OF financial matters
billed by the banking house OF
L. Ciews and Company Of New
1 The complete review follows:
1 guatiou Of the Lloyd George
q uy in Great Britain has been
8outstaudag development Of ne
i in foreign politics, but ATS CT
4 are not yet evident. Settlement
n Turkish crisis has had a neNe-
4 effect upcn European prospects
&ondit.ons, bat has not done more
4 partially relieve the anxiety and
{ess.on which existed I'm European
k.ities. Renewed difficulties IN
lection with PREPARATIONS payments
made their appearance and the
n has been to rctart IN some mea-
3the movement OF Continental cur
fes toward higher levels. A new
EMISSION to stabilize the mark is
| planned but is not likely 20 be
! To do much.
g Improvement in general bust
4 conditions dOmcstically, however,
snUes to be reasSuring. For the
8rcportcd week car lOad!ngs were
Voc. figure not far below the
ri level Cotton has now gone
4 aboyc 23c for the December fu-
\ (which is Itself Il hiGh record on
2moycmcut. while wheat has con-
D. IT'S steady advance to q figure
1ld SLIP. The effects is TO PIT
Unusual amount Of purchasing
into the hands of agricultural
Ihunitjos Railroad earnings al
Ia low for the cour as
r owing To- stgjso o..>e have
t. Up very > s..'. IN !u-
Auai O.. t.1a .J.. we'll
{lcd rsr.., .'. ."c -a.ri o. d.
4 fl .rc1..t.r with et
1 r.,r ~ and
= again
i ,-tnJrn Pacific
D authority Of thc
s -.-mercc Commission To
| control of Central Pacific and
! nbcr II has been set by the
! Emission for hearing on the pro-
& consolidation of Northern Pa
/ Great Northern and c.. ID. & q.
his is preliminary 20 The plan
Idly devised for consolidating the
Dads of the country iu.o a few
I systems. Strength in copper
r reflects improved demand for
{metal, which is now confidently
&tcG, with probably future adj
4 in prices. since ths available
PCS are now almost down 20 q
2lum. The like is true Of rubber
Auober shares.
&retarv Hoover and others. I'm
ID addresses during the past week
have pointed out equally en-
&giug factors in public business.
4 al expenses have been cut about
from the peak of wax
: and are believed to be get
kdown toward low level-condi-
4 being what they are i'm the SER
H. the present time. A reported
(cyiptiou To- Secretary MELONS,
100000 Offering, amounting TO
n three times tne fa>, of the
"a lt put before the public, shows
XreSeuce OF phenomcna.ly high
IS I'm the banks of the country
"a the hands of investors general
~ Comptroller of the Currency
~ havingS at a high record
inc deposits i'm national banks
Sing by nearly 81 000,000,0UD
n December 81, 1919, and the
8 of the present year The I'M
"a position of public credit is
81 noted by Mr.. Hoover and
d as good evidence of the strong
- ition i'm which the Government
N aced itself during the past year
rs pre-. The bulge, system is now
s ng satisfactorily and is credit
i tn q reduction OF S35OU00.O90
~ o executive savings resulting
better management of appro-
n pms.
s ing the past week the Govern
Il and private disbursements ne
Xated by interest payments Of
T. lddIe of October were Effected
~ nth good results upon the gen
honey situation. Federal Reserve
Il are stI-. E..-LLn Tho lncraas.