Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...overnight guest at Hyde Park. He assured newshawks that currency inflation was not even being contemplated at present. Another Presidential visitor was Budget Director Douglas who was instructed to keep regular 1935 government costs below $2,500,000,000. A third caller was Governor Montagu Norman of the Bank of England, escorted by Governor Harrison of the New York Federal Reserve Bank. Last week Britain ceased pegging the pound. ¶To speed up his National Recovery Program President Roosevelt directed R. F. C. Chairman Jesse Jones to plan a temporary extension of Federal credit through the banks to NRA members...
...returned a secret indictment under the Bankruptcy Act against Samuel Insull, his son Samuel Jr., his brother Martin, now a fugitive in Canada, and eight others including President Harold Leonard Stuart of Halsey, Stuart & Co., President Edward John Doyle of Commonwealth Edison and Stanley Field of Continental Illinois National Bank. The five-pronged charge was that the Insulls & friends had transferred $2,500,000 from their Corporation Securities Co. between Nov. 2, 1931 and Jan. 20, 1932 when they knew their concern was already insolvent to the tune of $11,000,000 and about to crash. The cash transfers were...
More interesting than Canada's banking problems to many a U.S. businessman is her recovery from Depression. With no New Deal to titillate prices, only intra-Empire tariff preferences to promote business, Canada since last February has staged an economic comeback almost equal to that of the U. S. Her bank clearings are 27% ahead of last year, her car-loadings up 7%, her wholesale price index stands at 70.5 as compared to 66.6 a year ago and 63.6 in February. Drought has put her wheat up to 80? (from a low of 50?). Her busy gold mines...
Died. John H. Waters, 74, president of National Radiator Corp., of a cerebral hemorrhage suffered at the Treasury Department during a hearing on the reorganization of Johnstown, Pa.'s. United States National Bank, of which he was president; in Washington...
...failure to reopen after the March holiday, that was clearly Detroit's own fault, said the Senator. Treasury officials were refusing to grant clean bills of health to any unsound bank and Detroit had been unable to agree on a reorganization plan. It was poppycock to claim that the banks were and still are solvent, snorted the Senator; months before they closed their solvency "was a matter of question"; if First National had written off the $49,000,000 that Federal examiners labeled losses, it would have been "hopelessly insolvent" in May 1932. Asked why the bank...