Word: bankes
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Dates: during 1920-1929
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...under the Dawes Plan is 595 millions. The Young Plan reduces this to $487,600,000. Of this amount, Germany must pay unconditionally in cash and deliveries-in-kind about $158,400,000. The rest will be met by the sale of bonds, financed and guaranteed by an international bank of settlement, sold to private individuals in Europe...
...afford it. He has long been rich. His law fees continually make him richer. For a merger which he is now bringing about he will get one more million dollars. After the 1920 Democratic National Convention in San Francisco and a decision that he was through with politics, the Bank of Italy retained him as lawyer at $50,000 a year, on condition that he desist from politics. His Presidential ambitions cost him that job when he stalemated the 1924 Democratic Convention at Manhattan. He still has his western law office in the Bank of Italy's Los Angeles building...
...Alleghany Corp. was formed in the present year (TIME, Feb. n) as holding company for Van Sweringen railroad stocks. Its initial offering ($35,000,000 in 5% convertible bonds) was marketed through J. P. Morgan & Co., National City Co., First National Bank, Guaranty Co., Alleghany Corp. Last month announced an issue of $25,000,000 in cumulative preferred, series A, with rights to purchase 1 1/2 shares of common at $30 a share for each share of preferred...
...Buffalo bank bought out the Buffalo Morris Plan organization, and conducts its small loan business through the Morris Plan subsidiary...
Last May (TIME, May 14, 1928) National City Bank announced a small loan policy of loans on salaries and without other security than friends' endorsements of borrowers' notes. Last week National City proclaimed the results of its first small loan year-some 50,000 loans averaging $320 each. Meanwhile Marine Trust Co., of Buffalo, whose similar small loan policy was announced one day after National City's, has made some 19,000 loans...