Word: cashes
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Dates: during 1930-1939
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Wheat and cotton are cash crops. Not so, corn. Nearly nine out of ten bushels are used to feed hogs and livestock. The lower the price, the more feed for hogs; the more hogs, the lower the price of pork. With corn at 40? there should be many pigs in 1940. If next spring's pig crop reaches 80,000,000 little grunters, pigs and pork prices will nosedive, and Washington will have still another quota on its hands...
...pinch, may face liquidation. So said its President Robert S. Brewster in a letter to the Opera Association's Chairman Cornelius Newton Bliss. In reply, the Association (which has a lease for next season) asked for an option on the opera house for $1,500,000 (one-third cash). Should the option contract be approved by the box holders, the Metropolitan would once more publicly pass the tin cup, as it did to keep going in 1933-35. But this time the Metropolitan might well throw in its lot with The People, get the Diamond Horseshoe out of hock...
...answer to SEC's demand that Wall Street set up brokerage banks to hold all the cash and securities of brokers' customers, the New York Stock Exchange last fortnight set up a four-man committee to formulate a plan. Chosen to head it last week was Roswell Magill, father of the New Deal's 1938 Tax Bill, Under Secretary of the Treasury from early 1937 till last year when he resigned to return to his Manhattan law practice and Columbia teaching...
Many a suburban and rural neighborhood around New York City is haunted by a big black nightmare: the possibility that one day someone with a name like "Wonderful Peace" or "Beautiful Sweet" will appear in the district, lay cash on the line for a nice piece of property. Then followers of Harlem's bald, black, mousy Rev. Major J. ("Father") Divine will move in. For parts of Yonkers and New Rochelle, N. Y. this nightmare came true this spring and summer...
...continue as an investment company and. as opportunity permits, to diversify its portfolio and participate in the financing and underwriting of new capital issues in the public utility and other fields." As a first step United asked permission to invest $8,000,000 of its $12,400,000 of cash in industrial common stocks. Last March SEC gave consent; last week United showed that it had begun...