← Search

Hoarding in the Panic of 1907

A. Piatt Andrew

Harvard University Press

Quarterly Journal of Economics 1908

The panic of 1907 witnessed a premium upon money in New York lasting two months and rising as high as 4 per cent., 290–293.—The extent of hoarding on the part of the public is roughly indicated by the amount of money that disappeared from the banks, 293; and by the number of safe deposit boxes rented in New York and other cities, 294–296.—The banks of the South and West aggravated the situation by accumulating abnormal reserves, 296–299.

DOI
10.2307/1883842
Volume
22 (2)
Pages
290
Export
BibTeX
Sources
openalex crossref