Word: bond
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Associated directly, but its good operating company, NY PA NJ Utilities Co. (Nypan), is trying to borrow money so that Associated can pay off an $8,589,-980 (8%) bond issue which is due March 15, 1940. Also overdue is $5,780,000 owed the U. S. Treasury by Associated as the balance of an $8,700,000 settlement of a $50,000,000 tax claim. Mange wants RFC to lend NY PA NJ enough to pay off the bonds, pay the taxes; he is also asking for another lump for construction, $26,500,000 in all. The catch...
...palatial Shushan Airport) and four other defendants accused by the Government of using the mails to defraud. According to the grand jury's indictment, they shared a fee of $496,000 on a false claim that they had saved the Orleans Levee Board $2,000,000 in a bond-refunding operation...
...relatively quiet on a more important financial front established by Cyrus Eaton's letter. In addition to proposing public bids on the stock issue, he had also proposed that he and associates (including big Halsey Stuart & Co.) be allowed to bid on Consumers' $28,500,000 bond issue. Foe of competitive bidding, Wendell Willkie had already arranged to have the issue handled by conservative Morgan Stanley & Co., Inc. and Bonbright & Co., Inc., who step out one door when competitive bidders step in at another, holding that both investor and issuer are best served by honest, astute, noncompetitive handling...
...deal without precedent. For the sum of $14,400,000, the association agreed to take the entire 600,000,000 feet (95% white pine) off the Government's hands. It agreed to pay an average price of $24 a thousand board feet, to put up a $750,000 bond and $100,000 cash by Dec. i, to pay off in $800,000 quarterly payments over the next four and a half years. Limited to a profit of 20%, the association must split anything above that with the Government, which in turn will split with the original owners...
...unifying force in American democracy. For one of the bases of democracy is a common, diversified education. Education along these lines enables all classes of men to communicate with each other, to govern themselves, to lead richer lives. Abolish or seriously restrict a cultural education and the common bond of free men disintegrates...