Word: borrowers
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Dates: during 1930-1939
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Monthly candidates may borrow this as an idea for a story...
Reasons for the New York Reserve Bank's action were two-to forestall a rise in the current low open market money rates, and, more important, to persuade banks to borrow from the Federal Reserve rather than sell large holdings of Government bonds as they have been doing lately to meet increased demand for commercial loans. As a device to end bond selling the reduction of the discount rate was not immediately successful. Still under pressure, ''Governments" continued to slump as much as half a point...
...Founded in 1892, Prima built its name on brands like Rienzi. With the coming of Repeal the sons of the founder, Hilmar and L. Wainright Ernst, recapitalized their old family business, sold some stock to the public. Early in this revitalizing program, the Ernsts ran into difficulties, had to borrow heavily from two Chicago banks, First National and Harris Trust & Savings...
...nights before the bar boy had done a clever pencil sketch of Henrietta, and she had had a chance to study his face as he sketched. Business was slow that night and later she had gone upstairs to borrow something to read from one of the other girls. In a detective magazine she had seen a picture of 29-year-old Robert Irwin, former insane asylum inmate, sculptor of sorts, wanted in Manhattan for the horrible Easter Sunday murders of the beauteous artists' model Veronica Gedeon. her mother and a man lodger. "Why that looks like...
Meantime, in effect, every dollar of gold produced is another dollar added to the U. S. national debt, for in its sterilization program the Treasury has to borrow the money to buy the gold it puts in cold storage. Since last December when the sterilization program was inaugurated to keep gold imports from inflating the credit structure any further, more than $800,000,000 worth of dead metal has been bought and locked...