Word: bonus
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...rail averages less than a point to 46½. Credit for even these gains had to be divided with a big batch of favorable business items, particularly in retail trade, which had been rolling at the best levels since 1930 and was ready-set for distribution of the Bonus, a $1,900,000,000 shot in the retail...
...included. April 10: Ford elected 1937 Hockey Captain. April 15: Princeton-Harvard-Yale conference on public affairs announced by Crimson, News, and Tiger. Conant and Holcombe support move. April 17: Davidson and Navy on 1937 football schedule. April 21: Veterans of Future Wars hold mass meeting in Emerson. Demand bonus. Government 1 and Ec. A reorganized under Holcombe and Ec. committee. April 29: Hygiene fee raised...
...from RFC; 3) borrow $1,000,000 from Boston's rich, crotchety Frederick Henry Prince. In return for its money RFC would get first mortgage bonds and Mr. Prince would get a first lien on income for his interest. Furthermore, Mr. Prince would get a bonus of $1,000,000 in 4½% income bonds of the railroad company and the entire capital stock of the operating company...
...Bonus Disbursement on Monday...
...high ($32,750,000,000), Secretary Morgenthau offered $2,050,754,400 in new securities-largest Treasury operation since the 1919 Victory Liberty Loan. One-half represented exchange offers for obligations maturing in the next few months, the rest an offering for cash, largely to pay the Bonus. Reflecting the new popularity of long-term Governments, the cash offer was divided into $400,000,000 of ⅜five-year notes, $600,000,000 in 15-to-18-year bonds with a 2¾|% coupon-both record low rates for those maturities. The Treasury's apparent edge on Standard...