Word: bond
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Dates: during 1930-1939
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...artist bedded with a humble parlormaid in the early part of Queen Victoria's reign, the auspicious result was Japan's greatest politico-financier, His Excellency Korekiyo Takahashi. Last week Finance Minister Takahashi explained that 10,000,000,000 yen is about the limit of internal Government bond issues which Japan can conceivably absorb, and she has now absorbed 8,650,000,000. Mr. Takahashi based his calculations on the fact that Japan's national wealth is about 110,000,000,000 yen and her national income about 10,000,000,000 yen, or roughly equal...
...bluff it was-was going to be played to the last card. Hydro's announcement, however, was made just a few days before a $15,000,000 Ontario loan went on sale. And in Toronto last week, when officials in the Parliament Buildings opened the box where bond tenders are dropped, not a bid was found at any price...
Died. Warren Wesley Finney, 62, Emporia, Kans. banker, convicted embezzler, father of Bond Forger Ronald Finney (TIME, Aug. 21, 1933, et seq.); by his own hand (pistol); in Emporia. When peace officers came to his summer cabin last week to take him to the penitentiary, Mrs. Finney's plea for "one more hour" was granted. The officers returned to find Warren Finney sprawled on the floor, a bullet hole through both temples, a mirror propped before...
...lift the film industry to the financial equal of steel and railroads. But Paramount had an Achilles heel. In the process of acquiring the world's longest theatre chain (1,600), the company had wisely paid in common stock instead of in cash from the proceeds of bond issues as did other film concerns in the wild scramble for their own screens. Unwisely, however, Paramount agreed to buy back that stock within two years, at an average price of $80 per share. Of course, the company hoped that its shares would rise above that figure in the open market...
...nepotism, such Hertzian tactics were bound to stir up trouble. And having made enemies right & left, Mr. Hertz finally called for a showdown on his right to hire & fire. He lost. So horsy John Hertz retired to his polo and his racing. Early in 1933, unable to pay its bond interest and loaded to its Plimsoll line with bank loans, Paramount finally foundered...