Word: bankes
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Dates: during 1930-1939
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...Bradstreet. Working in Wall Street by day and plugging for Ph.D.'s by night, they absorbed Professor Haney's theories of forecasting business by analyzing demand-supply factors, amplified his statistical methods, established the service just a year ago. Their clients already include nearly every big Manhattan bank, countless brokers, such major industrials as General Motors and International Harvester...
...Andrew Jackson was fighting the Bank of the United States and New York commerce was paralyzed by an epidemic of cholera when the Bowery Savings Bank opened for business one hundred years ago last week. The Bowery was notorious for two things: vice and thrift. Fifty men and women, butchers, grocers, seamstresses, shoemakers, came in the first night to deposit savings of $2,020 which later were kept in the bank's two tiny leather-covered chests. A mutual savings institution for the poor and downtrodden, Bowery Savings was heavy with the smell of Sunday School and the mission...
When Bowery Savings celebrated its centenary last week it had for several years been the biggest savings bank in the world. Deposits on Jan. 1 were $507,099,644 depositors 407,863. Two million people had banked there in 100 years, had been paid dividends of $280,000,000. The bank still maintains a branch on the Bowery, though its head office is in a Byzantine basilica on 42nd St. President Henry Bruere, who did not become a banker until he was 45, is a sociologist, has been active in housing experiments on Manhattan's lower East Side...
...bill was a dogmatic double decalog for brokers, bankers and businessmen. The bill finally enacted still bristled with penalties, liabilities and thou-shalt-nots, but many of its cutting edges had been removed. No longer is a banker both a broker and dealer by definition. No longer is a bank forbidden to loan on sound but unlisted local securities. The odd-lot business and arbitrage are not annihilated by loose language. Even the much disputed margin requirements (45% for a starter) may be altered by the Federal Reserve Board. Most important of all the new Federal Securities & Exchange Commission, established...
...Calvin Bryce Hoover of Duke University . . . . . . . . . Litt. D. British Economist John Maynard Keynes . . . . . . . . . . . . . . . . Rev. Russell Henry Stafford of Boston's Old South Church . . . . . . . . . . S.T.D Drake University (Des Moines, Iowa) U.S. Commissioner-elect of Education John Ward Studebaker. . . . . . . . . . LL.D. Board Chairman Walter J. Cummings of the Continental Illinois National Bank & Trust Co. . . . . . . . . . . LL.D. New Jersey College for Women (New Brunswick, N.J.) Sculptress Gertrude Vanderbilt Whitney . . . . . . . . . . . D.F.A Ohio University (Athens, Ohio) Dean Luther Allen Weigle of Yale Divinity School . . . . . . . . . S.T.D. Roanoke College (Salem, Va.) Rabbi Stephen Samuel Wise . . . . . . . . . . Litt. D. Russell Sage College (Troy, N. Y.) Actress Edith Wynne Matthison . . . . . Litt...