Word: bankes
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Dates: during 1930-1939
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...long been as vexed as Rumania at the sharp German practice of buying huge quantities of raw materials on credit or with blocked marks, then selling these goods for cash at dumping prices, often in direct competition with the producing countries. On June 30, the Brazilian Government ordered the Bank of Brazil to cease buying blocked or aski marks, thus forcing Germany to pay in genuine currency for any Brazilian goods Germans want. Angrily the German Government decreed last week the complete suspension of German purchases from Brazil and the whole Nazi press joined in flaying the U. S., Britain...
...people disputed the noose-worthiness of Anthony Chebatoris, 40, sneering, hard-bitten little Pole of Hamtramck, Mich, who, with an accomplice, shot two officers of the Midland (Mich.) Chemical State Savings Bank, killed a passing truck driver, was captured thanks to the marksmanship of a deer-hunting dentist. Taking life during a bank holdup calls for the death penalty under Federal...
...however, as to maintain that all price mistakes can be thus explained. As an example of "the way in which, under modern methods of finance capitalism, the business policies of companies may be warped by forces remote," he cites the participation of National City Bank and Anaconda Copper Mining Co. in the famed campaign to peg copper prices artificially high in the late 1920s in order to grab extra profits from sale of securities. Inevitable result was chaos in the industry and the price broke from...
...broad index of business is the volume of bank loans to commerce, industry and agriculture, tabulated each week in 101 cities by the Federal Reserve System. During Recovery I these loans revived with general business in the spring of 1936, by last October reached a peak of $4,868,000,000. Then with Depression II they plopped to $3,916,000,000 for the week ended June 22. Last week, for the first time in 21 weeks, the Federal Reserve's tabulation showed a rise. The substantial $20,000,000 rally made economists wonder if the turn had come...
...Because it is cheap, Mudgett rents a shack on a deserted beach, hoards his little store of paint and canvas, worries more about his money running out than he does about his painting. As Lindsay admirers could have guessed, the beach soon fills up with odd characters: a runaway bank clerk who sponges off Mudgett; a gin-drinking old harridan who spies on him; a tawny-haired, brown-legged girl named Cora, the old lady's granddaughter, who poses for Mudgett and inspires him to the best work he has done. Before long, peace-loving Mudgett is involved...