Word: concern
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Dates: during 1920-1929
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What caused widest concern among farm cooperative leaders was the revelation by Chairman Legge of how his Board would handle future wheat loans: The Board would 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...
...that did not prevent the American Piano Co. last week from suffering a sudden glissando into the hands of receivers (Manhattan's Irving Trust Co., appointed by Judge Alfred C. Coxe). The petitioners were W. D. Byrnes, Inc., a Manhattan trucking concern, who in presenting a bill for $7,000, declared that the company's property was valued at $3,689,000. that its current and unpaid liabilities were $1,200,000, that its property assets could not be immediately realized without great sacrifice...
Fortnight ago the Turkish Consul-General at New York told the Merchants' Association that his country was "desirous to come in touch with societies interested in hogs." Because pig-flesh is forbidden food to Moslems, he explained, Turkey is becoming overrun with wild swine. Perhaps some U. S. concern would like the concession for de-pigging Turkey...
...without which many of the most widely used lead products (such as solder) could not be made. The mines owned by National Lead are a small factor in its position as the world's largest consumer of tin and lead. For this reason National Lead, like any wise concern, keeps an eye on its raw supplies. It owns some Patiño stock, keeps its own president and vice president on the Patiño board of directors, was long a partner with Patiño in owning Williams, Harvey & Co. of Liverpool, world's largest tin smelters...
...formed a new $1,000,000 Grover Loening Co. for pure aero-dynamic research. Mr. Loening is president and chief engineer of his new concern. He can spend its money on research as he sees, fit. He intends specifically to continue work on his small mono-wheel amphibian and in general to make planes faster, lighter, easier to learn to fly in. He admitted that he might attempt the design of a Schneider Cup racer. He said he would accept research work for any firm engaged in air craft manufacture. With his strong governmental connections, he hoped for contracts from...