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Industrial revival of 1922 and 1923The decline
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actual advance agricultural Aldrich American Finance Annual Report Federal April August autumn average Bank of England bankers belligerent bill bonds British bushels capital Carter Glass cent circulation committee Congress cotton country's crop December declared deposits economic Europe Europe's European Federal Reserve Board Federal Reserve System Financial Chronicle foreign Germany gold exports gold payments government's grain Ibid important increase industrial Interstate Commerce Commission Interstate Commerce Committee investment issue July July 31 June labor Liberty bond Liberty loan loans member banks ment merchandise merchants monthly months N. Y. Chamber national banks neutral November panic period pre-war President private banks production purchases railway rediscount Report Federal Reserve Reserve banks Reserve Law result securities Senate shipments situation speculation statement Steel sterling Stock Exchange surplus tion Treasury Report United war-time week wheat wholly York York Stock Exchange