Comment
Author: Admin | 2025-04-28
Of capitaL. of theCompany of New York from-•-Maturity spacing is not disturbed too much by these purchases of ■»the new 2y>% bond even though maturity distribution is not as >stock will be $3,000,000, dividedinto 300,000 shares :—» with parvalue $10 each.; Head office willanstockother"Tiiree of the provisional di-increase inthe capir ; ;r;c ; :be in Montreal."7oftheEmpire. Trust V,7a,;. A-.7hiding forbeenF.of*2y2S of 12/15/58 have notconfined to the commercial banks because there have beenfinancial institutions that have been making commitmentsthem.tive toappeared as wit-from.- Holland. .. Thethis issue;sizable amount of these bonds at levels that areofWA-'Micli.,.a'Stote member bank of the beTof these banks andmentsMonuettethe rectors of the Mercantile Bankof Detroit, will be Canadians and two willBankCommon wealthwill1958 fits into the income and maturityThe 2V2% ofVancouver ' and hopes toof spread' to other Canadian citiesif it meets with success.••..titlein- thechangeasinfluence upon the current buyers ofwill begin opeartions in Montrealon Jan. 20 Federal Reserve System^ has beenState Banking made, as of Feb. 2, to the Bankcertificate pro-/the Commonwealth. *~7givenwasdividend-'7*' ~7" *'*talCity4•Athea$600,000.Na¬...Bank oftionaliteffective andjhe amount from $200,000.well as the 2lk of 1959/62,'Despite the belief thatbe used in future refundingbond,newthe 2%s of 1958.maturitiesintermediate-termEank of Moline, 111., it is indi- nesses at the Committee meeting."Mr. Moquette said the bankofPresidentNational Canadian banks,Molinethe$800,000,thelesser extentaaoperations, and this might even result in a reopening of the 2l/z%'bond due on Dec. 15, 1958, this does not have too much of ; analso quote:Frnestin Holland, and C.Inspector - Generaling bankElderkin,of'*in the 2V2S of 1958,and toby certainfairly solid interestof the need of somewhat higher incomecommercial banks there has been and still istoMoqueue,'7. 'NowBecauseManaging-Director of the sponsor¬**«AT2V2S of 1958 in DemandCanadian Pressbanking group — the.NaHandelsbank of Amster-«Rnfhmainly to fill in maturity schedules.beenOttawaaccountsPresstothey consider the uncertainties that surround the longestbe important enough to keep them away from thethat theseis said, hasNational Bankhigher yielding obligations.inreturn securities except in
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