Word: investable
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Dates: during 1930-1939
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...little nestegg of $100,000,000 out of his earnings as a secretary to Edison and felt reasonably well-fortified against a rainy day. He disliked money and hoped he never made another nickel, But he was continually hounded by common folk insisting that he take their savings to invest. Sam didn't want to do it. He had planned on putting his own money into some power companies he thought of forming. But Sam knew that there were unscrupulous persons about all ready to rob the unwary investors and, friend of the common man that...
Back in Washington, President Roosevelt sent to Congress his long-delayed message on housing: "May I," he asked, "draw your attention to some important suggestions for legislation which should tend to improve conditions for those who live in houses, those who repair and construct houses, and those who invest in houses...
...Sylvester Harris, the Mississippi gentleman of color and his success in negotiating a Federal Land Bank loan as the result of a personal 'phone call to the White House: Do you suppose the same system would work if applicants for Home Owners' Loan Corp. assistance were to invest the necessary amount of toll charge to the same end? Or does it only work in Mississippi? Or with the Land Bank exclusively? Or only with colored people...
...late more & more Chapin girls are preparing for college, chiefly Vassar and Bryn Mawr, but most still take a general course. Here daughters and wives of Morgans, Rockefellers, Pratts, Flaglers, Vanderbilts and Cabots have learned to invest and handle trust funds, budget and manage three households and platoons of servants...
Last week Founder-President Floyd Bostwick Odium mailed to 46,000 stockholders a report revealing that their company, now simply Atlas Corp., was the largest investment trust in the U. S. with $121,000,000 in assets. Dearer to the hearts of the stockholders was the fact that in the process of gobbling up a score of other trusts during the past four years, President Odium had more than doubled the asset value of their shares. At the turn of the year Atlas stock had a net asset value of $11.02 a share, compared with...