Word: bethlehem
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Dates: during 1930-1939
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Similar was the fate of $48,000,000 of Bethlehem Steel debentures. In the month beginning Sept. 8 when they were offered, Bethlehem stockholders bought but $2,000,000 worth. Last week, therefore, the underwriters had to take over the remainder of the issue and offer it to the public. The 25 underwriting firms, headed by Kuhn, Loeb & Co., bought the debentures at $98, intending to sell them at $100, thus getting a 2% commission minus expenses. But during the month they were obliged to wait for company stockholders to buy, the market fell so far that last week Bethlehem...
...longest city walls in China, built in large part by the early Ming Emperors, encircle the strange city of Nanking. Seven times it has been the capital of Chinese dynasties, as it is today the capital of the republic, and Nanking was old when Jesus was a babe in Bethlehem. Whole districts inside the capital's walls are open fields, dotted here and there with ruined bridges that once spanned rivulets which no longer exist. Down by the Bund fronting the Yangtze River lives a large community of Nanking's 500,000 Chinese people, pack-jammed into squalid...
...Ossining for which she did a gay little scene of a country beer garden with Negro and white drinkers at the tables, Negro and white children dancing or shooting craps. Second job undertaken was the wall on each side of the altar in Ossining's Star of Bethlehem Negro Baptist Church. Proud of his protegee, Offie Edward Cherry nailed up scaffolding for her and she started to work last June...
Last week many a white guest joined the Star of Bethlehem's black congregation at the unveiling of Mrs. Eastman's Sermon on the Mount and Crucifixion, done in oil on pressed wood. So delighted were they all with the artist's vivid orange, green, lavender, purple, red and yellow figures, pretty Galilean hills and jagged Calvary that a collection for her was taken up forthwith, netting...
There are exceptions which prove the rule-an occasional child does well in school. Most adults work for somebody else in breweries textile mills, International Motors' plant, and neighboring Bethlehem Steel. Few hold real executive positions...