Word: cash
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Dates: during 1930-1939
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...plea, advanced by Secretary of State Cordell Hull, proposed re-enactment of several of present Neutrality Law's provisions, including, in effect, the expired "cash-and-carry" clause. However, Hull asked removal of the mandatory arms embargo provisions...
...last season, Hollywood had no production finger in any important Broadway pie. But unlike last season, it paid some fancy prices for hits. Abe Lincoln in Illinois was sold to Max Gordon Plays & Pictures Co. Inc. on a cash and royalty basis that may come to over $300,000, set a record. The American Way was sold to Gordon for $250,000. Setting a precedent, The Philadelphia Story was sold to Katharine Hepburn (its star) before it ever opened on Broadway...
...been required for Stock Exchange listing. But the exchange was glad to list American as the largest unit of a growing industry. American is glad to have the more active market on the Big Board, for it may be obliged to issue more shares to improve its current weak cash position. Due to heavy purchases of new planes, its cash on hand is only about $1,030,000. Though it has still to pay a dividend, American sold last week at $25, within $1.25 of its 1939 high...
...General Motors at 30. The stock rises, he sells it at 60, and reinvests in 1,000 shares of International Harvester at 60. His twin puts $30,000 into International Harvester at 30, it rises to 60, and he keeps it. Each started with the same amount in cash, each ended with 1,000 shares of International Harvester, but according to accounting practice, one had $30,000 profit and the other none...
Meanwhile, someone noticed that the tally of visitors posted by National Cash Register Co. was far below the figures announced by the Fair. National Cash Register tactfully said some of its totalizers were not yet working. It leaked out that 6,000 to 8,000 Fair employes check in as visitors every time they enter the grounds, thus raising the apparent daily attendance. When Perley Boone, the Fair's publicity chief, went to greet the millionth visitor, he forgot his ticket, got in only after a long struggle...