Word: crediting
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Dates: during 1920-1929
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...Miller & Co. Inc. is that of many building investors throughout the country. A man has an itch to build. He borrows $100,000 at 7% interest and, because his credit is insecure, he pays a 10% bonus. For the sake of $90,000-which is paid out to him as he must compensate the building trades-he pays $17,000 in interest for the first year. This is practically 19% on the $90,000 he actually gets. The second year, and thereafter, he pays $7,000 interest on the $90,000, or 7.7%. Then, when his building is completed...
...matters before the dowager accepts her daughter-in-law. In all fairness, a good cast does almost make a play out of this. As the titular heroine, Sylvia Field spits and flares conscientiously and with charm. Possible success of the show, however, if any, will redound mainly to the credit of Actor Russell Mack, who, as a genial reversion to the Show-Off type (famed in George Kelly's play), was applauded at every turn...
Smoke Photography. Aerial photographers at McCook Field, Ohio, gave full credit to the Eastman Kodak Co. for new "K-panchromatic" plates by which flying observers can photograph the earth through smoke screens and light fog. The plates are treated with a secret cyanide, "krypto-cyanide," sensitive to infra-red rays which, though invisible to the eye, penetrate smoke and water vapor to record an image in the camera. The significance: protection for wartime mapmakers...
...Orleans, in hot August, was threatened with a streetcar strike. Workers and operators were deadlocked over a minor absurdity. The strike order was posted. City officials gnawed their lips and wondered warily how a tie-up would affect their political credit. Newspapers printed bulletins and pleaded editorially for a reconciliation; pleaded wisely, impartial and aloof, but without much effect, as is the way with newspapers. Then occurred an episode unusual to modern journalism. Away from his piled-up desk in Union Street strode Editor Marshall Ballard of the New Orleans Item-Tribune. Like any able editor, he had followed...
General Motors contributed to a slight extent in stabilizing the credit of these banks. The corporation, with $190,000,000 in cash and securities on hand, has sent funds to Georgia under its policy of deploying fluid assets...