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Hanging near the teller's wicket in most of the nation's banks is a little bronzed plaque announcing that accounts are insured up to $5,000 by the Federal Deposit Insurance Corp. Bankers complained bitterly about having to buy those little plaque's (costing 15?), the idea of deposit insurance being thoroughly obnoxious to them. Once the bankers had the plaques, however, the idea of having them taken away seemed even more obnoxious. Until last week none had been withdrawn. Then Chairman Leo T. Crowley of FDIC announced that North Bergen (N. J.) Trust Co. would...

Author: /time Magazine | Title: Business: Crackdown No. i | 4/26/1937 | See Source »

...exploration of in the State of Rio Grande do Sul, six months of which were too rainy to allow digging, the men located the 175,000,000 year old fossil bed in the red clay footbills of the Brazilian Platean. It is believed to be the most significant American deposit yet found of the fauna of the Triassic period, critical in the development of the ancestors of the dinosaurs and mamals...

Author: NO WRITER ATTRIBUTED | Title: Rich Brazil Fossil Bed Reveals Many Hitherto Unknown Triassic Monsters | 4/16/1937 | See Source »

...successes have induced the Association to remain here for ten days this year, presenting a total of twelve performances. This evening is the opening night and it is expected that many a top hat is being dusted off for the occasion, and many a tiara removed from its safe deposit...

Author: NO WRITER ATTRIBUTED | Title: The Music Box | 4/1/1937 | See Source »

...fresh from the back alley arenas of Boston's catdom. Grabbing the beast by the nape, our host handed him to us to hold--unpleasant, because Frankie's claws were sharp as steel and busy every second. The professor meanwhile doused a cotton wad in ether on which to deposit the beast, and on top of both was placed a large bell jar, like the dome of Grant's tomb. This not without blood-curdling howls, and scratches, and a beady look of the eye as sour as the Ancient Mariner's as the beast passed...

Author: NO WRITER ATTRIBUTED | Title: The Vagabond | 3/22/1937 | See Source »

...double-alert for conflicts of interests in fiduciary or quasi-fiduciary positions is SEC, and before approving the committee's registration statement for deposit certificates (to be exchanged for Colombian bonds), it wanted to know what would happen if the protection of bondholders required action detrimental to Standard, such as pressing for higher taxes in Colombia. Committeemen Hayes and McCann admitted they would resign before doing anything prejudicial to the big oil company. The fact that the committee was "plastered with 26 Broadway'' seemed largely coincidence, but SEC took the case under advisement...

Author: /time Magazine | Title: Business: Black Art | 3/15/1937 | See Source »

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