Word: bonding
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Dates: during 1930-1939
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...should like to be told where he might expect to find his clients. What bank or investor of average intelligence would agree to buy a bond of the U. S. in such circumstances...
...Spalding & Co. 2,660D 1,011D Cities Service 20,510* 22,769* Dome (gold) Mines 2,196* 1,690* Electric Bond & Share 13,566† 25,050† Hart, Schaffner & Marx 4,015D 2,994D Industrial Rayon 237 683 Stahl-Meyer (meats) 64D 66 United Corp. 13,824 18,445 U.S. Pipe & Foundry 1,273D 1,012 White Rock...
...shrunk with the declining business index." Yet the authors of the article in question show that by calculations from the same figures as those which the League used, the average family can be proved to receive $500 a year from the government, and to possess one $1000 government bond. In addition, one third of the money spent in the country comes, directly or indirectly from the government...
Meanwhile the bond market has voiced ever lower opinion of the future of Japanese credit. But it hinted strongly at U. S. recognition of Russia under the Roosevelt regime. Last week Russian Imperial 5½% bonds, which sold last summer at about half a cent on the dollar, rose to four cents on the dollar...
Regarding domestic matters, the bond market spoke its disbelief in the likelihood of inflation or devaluation of the dollar, its confidence in low money rates. High-grade issues forged ahead even when the inflationists were speaking their loudest in Washington (see p. 12). Many good 5% issues sold above par and second-grade bonds jumped more rapidly than stocks. Transactions were on a large scale and many recent sessions resulted in over 100 new highs. Early this week all bonds, including Governments, were faltering a little. Altogether bonds on the Stock Exchange gained $1,500,000,000 in value since...