Word: billion
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Dates: during 1920-1929
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...five types of currency (U. S. notes, gold certificates, silver certificates, Federal Reserve notes, national bank notes) are maintained. But the new bills (6 5/16 X 2 11/16 in.) are about two-thirds the size of the old (7 7/16 X 3⅛ in.). With between four and five billion dollars of currency in circulation, the Treasury had prepared $3,640,000,000-about $30 per U. S. capita- in new bills...
Bond & Share Family. Reports said that potent Electric Bond & Share Co., which lately voted shareholders rights to subscribe to some $66,000,000 of new stock, planned to form a billion-dollar company to hold stocks of Electric Power & Light, National Power & Light, American Power & Light, American & Foreign Power, American Superpower, American & Foreign Power, though a Bond & Share company, has little community of interest with the other rumorees, carries on only abroad. Superpower, a Bonbright & Co., child, does extraordinarily well as it is. The other three rumorees, however, are direct, lineal descendants in the Bond & Share genealogy of holding companies...
...borne stoically by Russians until Oct. 1, 1933, if necessary. For until that date the Soviet Government and "Boss" Stalin have thoroughly committed themselves to an economic problem which is to transform the Soviet Union into an industrial giant, nourished during the next four years by a 24-billion-dollar investment in factory equipment. Of this huge sum 78% is being spent on machines to make machines, only 22% on the manufacture of goods for direct consumption. Therefore Soviet stores have little goods on their shelves. Calico is as expensive as silk. Shiny new boots, seal of a Russian peasant...
World population now is about two billion. At the present rate of increase it should double in between no and 150 years. There is, the scientists figured, enough arable land on earth to supply food for an eventual ten or eleven billion persons. The U. S. share of those hypothetical numbers is eight hundred millions, about seven times the present U. S. census. The U. S. now has an average of 40 people to the square mile, Australia two, England 700. If all the earth were as thickly inhabited as is England, world population would be 37 billions...
...have been important factors in the recently renewed prosperity of the fishing industry. Back in 1918, the fish industry was practically for sale with no buyers. Last week Secretary of Commerce Lament said fishing was in the soundest position of its history. Some 127,000 commercial fishermen catch three billion pounds of fish annually. The catch is valued at about $113,000,000. Chief fish landed in New England ports is not the famed cod but haddock, one month's catch showing 75% haddock, 16% cod, 5% flounders. The oldtime fishing dory is also outmoded in large scale fishing...