Word: bond
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Dates: during 1920-1929
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Said Barren's Weekly: "It is curious, but strictly true, that investors seldom clearly differentiate between stocks and bonds. The difference is vital. The bondholder is a creditor and the bond is, therefore, a debt to him. Stock is an evidence of partnership, with no debtor or creditor relations whatever...
...build them on the campus ... Of course I know the usual answer; the cheering crowds, the gay sights, the strong virile hemen, idolizing the even stronger, more virile he-coach, the grand young future before the boy that makes the winning punt, admitted straightway to a prominent position as bond-chaser in Lee Higginson's well-known counting-house . . . They [the s. v. he-men] are fed warmed-over editorials by Doc. Crane about 'Jesus on the Bleachers' and 'Saint Paul on the Field of Battle,' and this may account for the fact that they cheat with a sort...
Nineteen twenty-four will set a new high record in the issuance of new bonds. By Dec. 1, $2,127,823,688 of bonds had been issued, compared with $1,608,595,788 for the entire year of 1923, $1,675,131,561 for 1922, and $2,145,406,132 for 1921?previously the banner year for bonds. The present year, however, has seen on the average larger bond issues, since to Dec. 1 only 6,589 issues were sold, compared with...
...peculiar feature of the 1924 bond output is the large amount of state and municipal issues. It is expected that this year the new obligations of these local governments will total about $1,400,000,000. This brings total state and municipal debt up to about the total railway indebtedness of the country. The net indebtedness of local governmental units is now estimated at $10,500,000,000 as against $8,679,000,000 and only...
...York journeyed down the Hudson to Manhattan to lay one of the numerous cornerstones for which the gubernatorial trowel is thought appropriate. It was the cornerstone of a theatre, a new home for the New York Theatre Guild, paid for by the Guild's $500,000 bond issue without the aid of any rich "good fairies." Six years ago, the Theatre Guild consisted only of a few theatre enthusiasts with $500 in cash and a desire "to produce plays of a character not ordinarily given a hearing by the commercial managers." Many a movement has had more initial assets...