Word: cashes
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Dates: during 1920-1929
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...advance its funds to the National Farmers Grain Cooperative at 3½% which in turn would farm out in smaller loans to individual cooperatives, adding "a small additional charge," presumably 2% or 3%. In effect the cooperatives would be paying the same rate-6%-as private commission men for cash. Chairman Legge carefully explained that whatever profit the national cooperative made from the additional interest imposed would in the end go back to the local cooperatives as members of the national body. To many a husbandman this seemed a long and risky way round to the "cheap money...
...essence of the complaint against Grundy: He had raised large amounts of cash to help elect Governor Fisher in 1926 and therefore his hands and the hands of Governor Fisher were as "soiled" with excessive political expenditures as Senator-Reject Vare...
...motion picture companies stockmarket breaks do not mean diminished profits, for like tobacco companies they are "depression proof." But at this particular time the stockmarket decline brought severe trouble to Cineman Fox. During the recent period of expansion he had needed great sums of cash. These he had obtained by short-term loans upon the stock of acquired companies. With $91,000,000 of these notes falling due, with his collateral down, with conditions bad for refinancing, Cineman Fox for the first time needed assistance. Last week he summoned aid by appointing a trustee-triumvirate consisting of himself, a banker...
When, 28 years ago, Simon I. Patiño was a bill collector for a Bolivian general store, he accepted from a debtor certain mountain lands instead of $250. The store discharged him after making him pay $250 in cash. Impoverished, he went to see the land, dug, discovered tin. Today he heads the Patiño Mines and Enterprises Consolidated, is one of the world's richest men, with a personal income exceeding that of the Bolivian Government. Although as Ambassador to France Patiño divides his time between Paris and his Biarritz castle, he is still...
When glum pre-Prohibition workers of Pacific Coast Steel Co. first read upon their checks "These pay checks are made non-negotiable so that employes cannot cash them in saloons" they knew it was the work of William (Pigiron) Piggott, president of the company, bitter and active campaigner against liquor.* Mr. Piggott by the time of his death (TIME, July 29) had built up his Pacific Coast Steel Co. and its subsidiary, Southern California Iron & Steel Co., to an annual capacity of 380,000 tons-40,000 more than Columbia Steel, only complete steel unit west of the Rockies, managed...