Word: bonding
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Dates: during 1930-1939
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...photographs of three children). Statement is that three children of Charles Feagan called on President Hoover, asserted their father was innocent of a crime writh which he was charged; that within an hour of the children's interview with Hoover, the father was released on personal bond...
Still to be acted on by the Senate were other Wagner proposals to: 1) authorize the R. F. C. to lend a billion dollars for self-amortizing public works by States; 2) float a $500,000,000 U. S. bond issue for a Federal program of public works. President Hoover favored No. 1, frowned on No. 2. Last week Secretary Mills, appearing before the Senate Banking & Currency Committee, vainly argued for the Hoover proposal of R. F, C. loans to private industry. This the Committee rejected on the ground that it would result in unfair competition between industrial concerns financed...
...present national banks can issue their own currency on $740,000,000 worth of pre-War 2% U. S. bonds. For every $1,000 bond and $50 in gold deposited they can get from the Treasury $950 in their own bank notes. The Glass bill simply authorized national banks to obtain paper money on all U. S. bonds for five years. The only limit was the individual capitalization of the banks. National banks as a whole are capitalized at about $1,600,000,000. National bank notes already in . circulation total slightly more than $600,000,000. Therefore under...
...will be no pool to stabilize the market, then disband, but a real investment concern, buying bonds to make a profit. While A. S. I. C. was expected to concentrate on first-class bonds, all values rebounded last week on the psychology that at last firm bottom had been found. The following cross-section of the bond-market showed last week's lows and the closing prices two days after A. S. I. C.'s formation...
...thirds. Last week it was no surprise that 72-year-old Consolidation should go into receivership. Operating an "open shop," Consolidation has had little labor trouble but all other coal woes have been its woes. The receivership was precipitated by failure to pay interest on an $18,927,000 bond issue...