Word: fortes
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Dates: during 1930-1939
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...Detroit has lately climbed to Baa but it used to rate Aaa. Best municipal bonds are those in Massachusetts, where the State has power to reorganize the finances of weak municipalities and no city rates less than A. Among the worst are those of Florida, where Fort Myers and St. Augustine both rate Caa (poor) and the town of Frostproof rates Ca (one notch above worthless). Last week 500 delegates to the annual Conference of the Municipal Finance Officers' Association sat down in St. Paul's Hotel Lowry to investigate the whys & wherefores of such sorry ratings, learn...
...Roosevelt's Texas radio career began in 1935. When Hearst Radio, Inc. acquired Station KTSA (San Antonio), it also acquired the vice president in charge of sales, Elliott Roosevelt. Early this year his present wife, the onetime Ruth Googins, bought Station KFJZ (Fort Worth). Elliott has declared emphatically that Mr. & Mrs. Roosevelt's station-buying activities were financed by their own money, are completely independent of his Hearst Radio...
Like most other expanding U. S. cities, Fort Wayne, Ind. (Pop.: 115,000) suffers from growing pains.* An up-&-coming industrial community (automotive, agricultural, electrical equipment), its increasing land values have kept some of its poor underhoused, encouraged some of its rich to hold available outlying land for development. Mightily impressed by this contradiction has been William B. Hall, Yaleman, son of President Arthur F. Hall of Lincoln National Life Insurance Co., head of Lincoln's mortgage department. A onetime flying teacher, inventor of a revolving neon sign, 33-year-old Bill Hall is not a stodgy real-estate...
Announced by young Mr. Hall was a Fort Wayne Housing Authority, with $1,500,000 capital put up by his own company, Lincoln National Bank and Trust and Fort Wayne National Bank, underwritten by the Federal Housing Administration. Next month F. W. H. A. will start buying idle outlying land from tax-ridden owners, paying them $1 a lot and giving them an option to repurchase at any time at the same price. The Authority will set up on the land four-room prefabricated houses which are to cost $900 apiece and rent to Fort Wayne's poor...
...weather served to publicize a new word: humiture. The invention of a 38-year-old official of Manhattan's National City Bank, Osborne Fort Hevener, it was first used by his friend Frank L. Baldwin in the weather column of the Newark Evening News. Humiture is a combination of temperature and humidity, computed by adding the readings for both and dividing by two. Weathermen called it a "fool word" but according to Mr. Hevener (who last week escaped the humiture by motoring to Quebec) this figure "gives the man in the street a better index of the summertime torture...