Word: bonding
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Dates: during 1930-1939
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...Fatherland of the cost of U. S. occupation of part of Germany after the war; finally that Germany expects the Allies and particularly M. Tardieu to follow the lead of President Hoover in taking the word of Germany that she will pay as her sole and sufficient bond...
...this story repeated last December (TIME, Dec. 16) when William Fox turned over the management of his cinema business to his bankers and creditors, Halsey, Stuart & Co. and American Telephone & Telegraph Co. Last week, however, it appeared that Mr. Fox was not altogether willing to admit that the bond house and the utility company were in the cinema business. Some of Mr. Fox's stockholders seemed more gravely concerned than ever about their equities in the Fox companies. These stockholders, indeed, threatened a receivership and thereby produced not only a decline in Fox securities but a general bear raid...
...power machinery, built by U. S. capital, U. S. engineering. They are among the 643 Mexican, Central American and South American communities (population more than 8.000.000) served by subsidiaries of American & Foreign Power Co., Inc., which is in turn a subsidiary of Sidney Zollicoffer Mitchell's Electric Bond & Share...
...increase in crime, together with a new insurance policy to cover an old racket, were last week announced by R. A. Algire, vice president of National Surety Co. ("We bond more people than any other company in the world.") In 1929, said Mr. Algire, surety companies collected 35 million dollars in premiums representing burglary, robbery and theft insurance to the amount of five billion dollars. New York State spent nine million and New York City $6,500,000 to buy crime insurance. Mr. Algire estimated that in 1930 the surety companies would pay out large claims, as he anticipated...
Conservative Harvard bookkeeping, however, concealed the University's true wealth. Most spectacularly conservative was the valuation of 12,836 shares of General Electric (worth $3,000,000 at current quotations) at $1. Also conspicuous were holdings in Electric Bond & Share at $14 a share against a market price of $80, and in American Tel. & Tel. at $88 instead of the market price...