Word: fresh
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Dates: during 1930-1939
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Buried in the verbose columns of the venerable Commercial & Financial Chronicle a few weeks ago was a significant little Recovery fact. In June the total volume of corporate financing in the U. S. was divided between 1) refunding: $149,000,000 and 2) fresh capital: $269,000,000. U. S. Business had asked for more new money than refunding money. Only in isolated instances since large-scale corporate financing was resumed early in 1935 has this happened. In each of the five preceding months refunding ran ahead of new capital, leaving figures for the first half...
...money for expansion is still raised primarily by bonds. In June the total of fresh capital issues was made up of $187,000,000 in long-and short-term bonds, $61,000,000 in preferred stock, only $21,000,000 in common stock. In the same month two years ago there was no stock financing of any kind, common or preferred, refunding or new money...
...began digging worms five years ago when he was broke and could get no other job. Now he employs 44 diggers and one packer at Boothbay harbor, supplies nearly half the total market. Because mud is a worm's fighting element, Stoddard worms are dropped in buckets of fresh salt water and kept swimming to prevent them from killing each other off before shipment. They are packed on layers of seaweed in small hampers, 100 worms to the hamper with five thrown in "to take care of the breakage." Specially cooled freight cars take three tons of worms into...
Rounding out its first full month last week, the Steel Strike of 1937, biggest and bloodiest since 1919, entered upon a fresh, perhaps final, phase. From mill gate and picket line the major action shifted rearward to civil courts, State capitals, Congressional committee rooms and the editorial and advertising columns of the nation's press. Temporarily stalemated by martial law in two steel States, both Labor and Capital grasped desperately for the support of Public Opinion. And Public Opinion, without the support of which no major strike is ever won, seemed to be swinging slowly, imponderably to the side...
...Provincetown Playhouse where Eugene O'Neill's work was first performed, carries on with a ten-week season opening with Leona Powers in Her Master's Voice. Most successful of Cape summer companies is Raymond Moore's Cape Play-house at Dennis. A landscape painter fresh from Leland Stanford, Director Moore served a hitch at the Wharf Theatre, then set up his own group in a barn. Next he took over a church, and has since spent $40,000 remodeling...