Word: coins
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...Bullion" had its annual meeting along with other New York State trust companies, but there was nothing in its vaults to justify its nickname. Super-solvent though it was, a distant relative of Chemical's onetime Acting President James A. Roosevelt had commandeered every dollar of gold coin and bullion it possessed...
...week's gyrations in the foreign exchange market. The big Manhattan banks dared not buy foreign metal and thus hold the price of dollars at the gold-import point. Profit margins on gold imports spread to fabulous proportions but no bank would risk a 41% loss while the coin or bullion was crossing the seas...
...Eugene Nortz once held $106,300 of U. S. certificates in which the Treasury promised to pay the bearer on demand in good old-value gold coin. Mr. Nortz was compelled by Presidential order to turn his certificates in and take devalued dollars. So he sued the Government in the Court of Claims which put the case up to the Supreme Court...
...bigwigs, newshawks, as the Supreme Court on four successive days listened to arguments and asked questions about the right of Congress to invalidate "gold clauses" in public and private securities. For years the U. S. Government and most corporations promised to repay lenders their principal and interest "in gold coin of the present standard of weight and fineness." On June 5, 1933 Congress, having authorized the President to suspend the gold standard, forbade the writing of any more gold clauses, declared in effect that all those previously written were legally out of bounds. Hence came the four issues before...
...York the oldtime slot machine which turns out grimy pieces of chewing gum at the drop of a coin is illegal as soon as it is converted into a money-paying gambling device. But the pin game is a game of skill, according to a ruling of the Department of Licenses. Last week the License Commissioner announced that some 10,000 pin game machines had been licensed at $5 a machine. Wiseacres estimated that another 25,000 machines are being operated in the city without licenses. An organization called the Skill Games Board of Trade was formed last year...