Word: discount
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Dates: during 1930-1939
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...Amount of discount charged...
Because fewer ducks are winging South each season, the Foundation has been inclined to discount the importance of overshooting, modern firearms, lax game law enforcement as causes of duck decline. Last July it sent researchers on a 3400-mi. jaunt through the heart of North America's chief wild duck nursery-the prairies of North Dakota and Montana in the U. S., Saskatchewan, Manitoba and Alberta in Canada-to find out what was happening to the ducks before they started South. The surveyors found the region, from a duck's viewpoint, in a sorry state. Where ducks once...
...price of U. S. bonds. Last week most important U. S. issues sold below par. People who had subscribed for new 4¼-3¼% bonds on Nov.1 at101½ found them selling at 99-an ill omen for future Government financing. With the new bonds selling at a discount conversions of 4th Liberties practically ceased, thereby threatening failure of the refunding operation...
...Last week R. F. C. announced it had bought 66,000 oz. of gold from U. S. mines. The first $2,128,000 of R. F. C. debentures issued to pay for this gold were sold in the market at a discount amounting to an interest rate of .375% (compared to .22% on Treasury bills). *The Chamber also issued a pamphlet quoting without comment from two of Grover Cleveland's messages to Congress: "At times like the present, when the evils of unsound finance threaten us, the speculator may anticipate a harvest gathered from the misfortunes of others...
Like ''blocked marks," the new scrip is a scheme to stimulate German business at the expense of creditors of the Fatherland willing to take a loss. To get on the Gold Discount Bank's "preferred" list a German exporter will theoretically have to show that he can meet "cutthroat foreign competition" only by receiving the scrip subsidy...