Word: bonding
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Heard railroad representatives oppose a $500,000,000 bond issue for river and harbor development...
...market Federal securities at the rate of $25,000,000 per week. Last week it was buying them at the rate of $100,000,000 per week. Total purchases: $245,000,000. The U. S. security market fairly boomed, imparting strength down the line to the rest of the bond market...
...Insull's appointment was made, Judge Lindley exclaimed: "This company is Samuel Insull's own child. His appointment is not improper because if he were excluded the company would miss the benefit of his intimate knowledge of its affairs." He made each receiver post a $100,000 bond and warned, "I expect an impartial administration of the assets of this company...
Extensions. No moneylenders came to terms with Samuel Insull last week. But Electric Bond & Share was happy to announce that its subsidiaries, American & Foreign Power and United Gas Corp., had been given a one-year extension on bank loans of $50,000,000 and $21,000,000, respectively...
While Professor Bonbright conceded that a holding company is essential to consolidate small, competing plants, he averred it has been carried "to a point far beyond that of maximum economy. . . . Normal growth has given away to giantism with a result that a system such as Electric Bond & Share or the Insull System must be regarded as an economic disease." He claimed that geographical "diversification," a prime selling-point for holding company securities, is not rational. He roundly criticized holding companies for borrowing (as many have done) from the companies they control. Heartily in accord with these sentiments was Harvard...