Word: bond
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Dates: during 1930-1939
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...wild attempts to assign a purpose to the operation, are rather trenchant, and the song "Off the Record" is a very clever assortment of Presidential confessions. Taylor Holmes, besides giving an excellent performance as Secretary of the Treasury, does as especially good job of singing "A Baby Bond." Even the songs, however, are not up to expectation, the only really tuneful one being "Have You Met Miss Jones?" In short, better things should be in store for us from so expert a crew...
...delay in the reforms which the mass of the American people demand. . . . I ask that the American people rejoice in the wisdom of their Constitution. ... I ask that they give their fealty to the Constitution itself and not to its misinterpreters. . . . For us, the Constitution is a common bond, without bitterness, for those who see America as Lincoln saw it-the last, best hope of earth.' So we revere it, not because it is old but because it is ever...
Last July when Missouri's new Governor Lloyd Crow Stark was enjoying a vacation in Alaska his State Board of Fund Commissioners sold $3,000,000 worth of State building bonds to Baum, Bernheimer Co., a Kansas City bond house, at an "emergency" private sale. St. Louis bond dealers, who had not been given a chance to bid, charged that the State lost $50,000 on the premium of $100,000 paid by Baum, Bernheimer. St. Louis' Post-Dispatch made the most of it, pointed out that the same sort of thing had happened twice in the previous...
...March, and, assisted by cold water from President Roosevelt, the crack-up of the British commodity boom and the unhappy state of the nation's labor relations, reached bottom in June. For two months thereafter all was well enough, save for the extreme thinness of stock and bond trading. On Aug. 14 Dow-Jones industrial averages reached a high of 190 for the summer. Then, to the confusion of prophets, the whole market began slipping. By last week the market was back almost to the year's lows-Dow-Jones industrials to 170, utilities to 26.40 and rails...
Reasons for the New York Reserve Bank's action were two-to forestall a rise in the current low open market money rates, and, more important, to persuade banks to borrow from the Federal Reserve rather than sell large holdings of Government bonds as they have been doing lately to meet increased demand for commercial loans. As a device to end bond selling the reduction of the discount rate was not immediately successful. Still under pressure, ''Governments" continued to slump as much as half a point...