Word: interests
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Dates: during 1930-1939
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Like North Americans, South Americans listen to long-wave broadcasts from local stations. They laugh at U. S. attempts to play tangos, but are interested in every thing President Roosevelt has to say, while baffled by reports of Presidential fishing trips. Their own commercial radio stations give them entertainment which is almost 100% sponsored, do not pretend to any interest in furnishing free entertainment education. Advertisements are liberally inserted between musical numbers, for a higher fee between the announcement of a piece of music and its performance. South American airtime is sold not so much by hours, as by minutes...
...Total tax-exempt securities in the hands of non-Governmental owners aggregated $50,522,000,000 on June 30, 1937, paid interest of $1,554,000,000. (Another $15,126,000,000 with interest of $397,000,000 was held by Government bureaus, sinking funds, Reserve banks...
...bigger the individual income, the bigger the percentage of that income likely to be derived from tax-exempt securities. Tax-exempt interest accounted for less than 2% of the incomes of $5,000 to $10,000, 10.2% of incomes over...
Actually a road is reorganized and bondholders not only usually lose interest payments during the reorganization but suffer from write-downs in the formation of the new company...
Seven years ago when Dr. Robert B. Lawson, physical director of the University of North Carolina, was asked to stir up a little golf interest among his pupils to stave off mortgage foreclosure on a local country club, he admitted frankly that he "didn't know which end of a stymie to take hold of." His 23-year-old daughter, Estelle (Phi Beta Kappa), knew less. Together they read a book on golf, bought four clubs apiece (brassie, No. 2 iron, mashie and putter) as recommended by the main street sporting-goods store. A few months later they...