Word: bankes
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Dates: during 1930-1939
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...small, carpeted, oak-paneled room in the offices of N. M. Rothschild & Sons on London's St. Swithin's Lane, six immaculate gentlemen gather every morning except Sundays and bank holidays to fix the world price of gold. These six men, the so-called Gold Committee, represent six great British bullion brokers: N. M. Rothschild & Sons, Mocatta & Goldsmid, Samuel Montagu & Co., Pixley & Abell, Sharps & Wilkins, Johnson, Matthey & Co. Before each member is a telephone directly connected with twelve telephones in his home office. There attentive clerks are connected with the firm's customers-other bullion brokers, mining...
...notes them on a slip of paper, which is passed to the chairman. There may be 500 bars of gold for sale, orders for only 300, a "position" which would indicate a buyer's market.* After the chairman names the starting price-now the buying price of the Bank of France in terms of the latest quotation for pound sterling-the members make bids & offers, buying order being matched against selling order until supply & demand meet. The price at that point is the gold price for the day. The whole session usually lasts about ten minutes...
Back soon after the play to sit in my window and look down on the river bank, with the open cars whizzing down the drive, the reflections of the street lamps peering out of the black water, and the hatless girls ambling along stalking their nocturnal prey...
...year before giving its permission, fearing that destruction of the bridge during a war would cork the harbor. Shipping interests fought it bitterly and the Government finally imposed a high-tide clearance 100 ft. higher than Brooklyn Bridge's. The PWA refused to help, as did most banks. Then Amadeo Peter Giannini's Bank of America took the bonds which financed it.* These preliminaries at last over, the builders faced what Joe Strauss called "the most diffi cult engineering feat ever tackled." Three years of construction overcame this obstacle...
...cancellation privilege. Great advantage of block-booking from the producers' point of view is that it gives them a constant, steady, measurable market for all the films they make. Independents retort that this dominance forces them to all sorts of evils like double-feature billing and Bank Nights. "Why do we have double features? Because the big boys wanted their theatres to use up the entire product of the studios so we'd have to take everything second-hand," explains Al Steffes bitterly. He admits that the independents had a share in building up Bank Night but asserts...