Word: grands
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...days of Dr. James Monroe Smith as head of Louisiana State University, a Federal Grand Jury in New Orleans charged last week, a ruthless group of five politicos sold L. S. U. the Bienville Hotel for $575,000, lock, stock & barrel, then sold the hotel fixtures again to the University for another...
...game for the State's chain-store tax. Right then U. S. motormakers began to anticipate trouble. Last week to General Motors, Colorado sent a bill for $234,655; to Ford went one for $102,470; to Chrysler, Hudson, Studebaker, Nash and Packard went others totaling $193,995. Grand total: $531,120, billed to the seven motormakers for four years' chain-store license fees ($2.50 to $300.50 a store). Grounds: their licensing and supervision of dealers made them members of a chain...
...arid west, where the U. S. Bureau of Reclamation has for years provided water and sometimes generated power as a byproduct, Bond & Share units have bought this public power and transmitted it to their own customers over their own lines. Why could not Bond & Share keep Bonneville and Grand Coulee from building transmission lines by the same means? Why not buy their power and distribute it, dovetailing public power plants with private transmission lines and private meters...
Next move was Groesbeck's. In eastern Washington, Bond & Share's small Washington Water Power Co. (450 miles of lines) has been threatened with competition from giant U. S. power plants at both Grand Coulee and Bonneville. Last month it sold $22,000,000 of 3½% 25-year bonds for refunding and new construction at the gilt-edged price of 105. Unworried investors gobbled up the issue...
Last week, Mr. Groesbeck began to see daylight. At a White House press conference, the President used a routine question about TVA as an opportunity to take newsmen up the mountain. He pointed out that "a company," obviously meaning Washington Water Power, in Grand Coulee and Bonneville territory had just sold an issue at "pretty good terms," thus inviting White House reporters to chalk one up for his contention that operating companies with good capital structures (a pat for Washington Water Power) whose "managers" indulge in no soapboxing (a pat for Groesbeck) can count on all the "investor confidence" they...