Word: bond
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Dates: during 1930-1939
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...bond does not die," wrote the B. C. F. B. to Mr. Wickersham. "The repudiation was and is unconstitutional from the Federal and State viewpoints and the matter can never be finally closed while the bonds remain unredeemed. In the case of the State the stigma of repudiation is perpetuated during the existence of the dishonored issue which bears the seal of its sovereignty. If a State be part of the Federal Union a reflection is cast upon the protective sovereignty which encircles...
...that 1,334 of its 2,260 stocks are dividend-payers, trading was far behind last year, with sales for the three months coming to 62,005,770 against 102,704,800. One source of worry to Curb brokers is the report that Sydney Zollicoffer Mitchell's Electric Bond & Share, which often accounts for nearly 10% of trading, will be moved to the "Big Board...
...Bonds. With lower interest rates, much money has drifted to the bond market causing great activity in that section. From 93.85 on Jan. 2, the bond average has risen to 95.41. Volume for the quarter, on the Stock Exchange, was $761,247,000, more than last year's $642,178,300, but less than 1928's $851,156,850 and far below 1927's $976,352,900. Especially active was the foreign bond division...
...Exchange members (21 years), seats will be selling for a quarter of a million each. Such a rise would be less than that which has already occurred." President Wood is 43, is the only man to be a three-time president of the Chicago Exchange. He entered the bond business in 1915 after an unsuccessful attempt at farming in Washington, bought his seat three years later. He was an independent trader until the first of this year when he became a partner of Clement, Curtis...
...Exchange dates from 1882 when 19 brokers organized it with provisions for six other memberships at $50 each. Its first title was just "The Stock and Bond Exchange." later "San Francisco" was added, and 1927 the present title of "San Francisco Stock Exchange" was purchased from what is now the drowsy if not dormant "San Francisco Mining Exchange" where penny-shares sometimes thrill by becoming dollar-stocks for a while...