Word: bulking
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Dates: during 1930-1939
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...rainy day had been all washed away except his insurance, a fact which insurance men think will sell more & more insurance when private incomes again turn upward. Depreciated security prices are of little concern to insurance companies if payment of interest and eventually principal is assured, for the bulk of their funds is in bonds and mortgages. Mounting policy loans have given life officials the greatest concern, followed by farm mortgages. R. F. C. credit has removed the threat of wholesale railroad defaults. Federal credit agencies have bolstered the farm mortgage situation. But policyholders of many a company will probably...
Biggest coffee pot in the world is the U. S. coffee pot. Into its cavernous maw is dumped nearly half the world's total average annual production of 250,000,000 bags. About half is poured in from cans and packages, about half in bulk. Out of the Niagaran spout are poured 60 billion cups a year?one and one-third cups daily for every U. S. man, woman & child. Two-thirds of the coffee for the big U. S. pot comes from Brazil. Colombia, Venezuela, Guatemala, Mexico, Java, Mocha and other tropical lands furnish the other one-third, mild...
...Frank James Reynolds, onetime newshawk, onetime West Pointer. The financial agency differs from the general agency chiefly in that its eye is ever focused on saving and investment, not upon greater & greater consumption. While the big financial agencies are tending to diversify (most also handle general advertising accounts) the bulk of their business is handling house and institutional advertisements, and in the advertising of new security issues. Financial agencies are specially geared to handle new issue advertisements, which must be placed in all important dailies from coast to coast often at a few hours notice. Like many general agencies they...
...bulk of Mrs. McCormick's fortune is in Standard Oil of Indiana, in which she is the largest shareholder. The company's dividend is now $1 annually against a regular dividend...
...company sought to have its five Manhattan banks (Chase National Bank, Central Hanover Bank, Manufacturers Trust, New York Trust, Chemical Bank) reach a standstill agreement on their loans of $20,000,000. When the receivers failed to accomplish this they resigned in a huff. The action means that the bulk of the Eastern part of the great utility system has been lopped away, will probably break up. Middle West Utilities is almost certain to lose most of its $40,000,000 investment in the common shares of National Electric. Many Eastern bankers and utility tycoons have always felt that...