Word: bond
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Dates: during 1930-1939
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...sweeps. In Newport, traditional home of Tories, toasts were still drunk to the King and culture was crippled by an affected admiration for English writing. In Connecticut the dry, energetic, cranky old genius, Noah Webster, was working out his dictionary that would establish a national language as a bond of national unity. New England life might be hard and strenuous, but when intellectuals looked toward Europe they saw a continent that was exhausted by the Napoleonic Wars. At the sight of such overseas confusion, despair and "moral degradation," they grew strong with confidence in their own simpler environment...
...Hunter Sylvester Marston and Elisha Walker. Bancamerica-Blair used to cut its affiliated trust into pools and syndicates with the result that Interstate dropped no less than $5,000,000. Messrs. Tinker, Marston & Walker also managed to lose another $13,000,000 in Interstate's ordinary stock and bond investments...
...years ago when Mr. Odium was scuttling about with a fistful of blank checks buying foreign power properties for Electric Bond & Share, such a message might have needed amplification to determine just what deal he had closed. Last week there was no room for doubt. The No. 1 U. S. investment truster had gone to London for the specific purpose of giving British capital an opportunity to repatriate a great British power company...
...Odium crossed the Atlantic to find a buyer. This he did last week. The buyer was the London branch of the international banking house of Lazard Freres, acting for a British group. The benefits of Mr. Odium's Atlas Corp. will flow from its Utilities Power & Light bonds, which jumped about five points last week, the 5% issue rising to 75? on the dollar, the 5½% issue to 78?. When & if the Utilities Power & Light directors vote part of the proceeds of the British sale for bond retirement, Atlas Corp. will be on the same footing...
Died. Beatty S. Balestier, 69, Vermont farmer, brother-in-law of the late Rudyard Kipling; in Brattleboro, Vt. After a roadside quarrel over money in 1896, Poet Kipling had him arrested for threatening his life, put under $400 peace bond. Shortly thereafter Kipling closed his Vermont estate for good, returned to England...