Word: cash
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
This danger is peculiarly significant in the current market. For over thirteen months the stock market has been steadily increasing. Yet almost all of the purchases have been made on a cash rather than a margin basis. Manipulation of margin requirements, technical recessions will not affect these holders of securities. And, since the sale of their stocks is made prohibitively expensive by the capital gains surtax, this group will remain on the long side of the market until there is a wholesale loss of confidence with resulting collapse of values. The absence of profit taking on the way up, inevitably...
Kansas finances rest on three main props: 1) the Tax Limitation Act, restricting local taxing bodies to a maximum levy for any one purpose and to a maximum total; 2) the Budget Law, requiring local governments to publish their budgets in advance, hold public hearings; 3) the Cash Basis Law which limits every locality to pay-as-you-go spending. The last is a Landon measure. The first two were initiated by Democratic Governor Woodring. Governor Landon has stuck to the law's letter. But the enormous myth which GOPartisans have made of his budget-balancing feat...
...President Roosevelt's White House physician whose ear Dr. Eller had held for many an hour. When Dr. Eller ceased speaking President Roosevelt warmed him with a smile, told him to turn the $7,000,000 of rich men's promises he had in his briefcase into cash, to start building soon as possible, and to go to Buenos Aires next autumn and tell the whole story to President Roosevelt's forthcoming Pan American Conference...
Meantime other motormakers were also translating statistics into cash. Stockholders of Chrysler Corp. were no less pleased when their directors hiked the quarterly dividend from $1 to $1.50 after the company reported $11,453,000 for the first three months of 1936, its second biggest quarter right on top of its all-time quarterly record in the final three months of 1935. For the first time since 1932 Nash Motors Co. made a profit ($72,000) in the first quarter of its fiscal year (through February). With its "Baby" eight going into its second year, Packard Motor Car Co. showed...
John Davison Rockefeller Jr. last week gave $3,000,000 in cash and securities and $900,000 in land to build a new cancer hospital in mid-Manhattan across the street from his Rockefeller Institute for Medical Research. The building will house Manhattan's Memorial Hospital for the Treatment of Cancer & Allied Diseases...