Word: loans
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Dates: during 1920-1929
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...remainder be set aside as a reserve and that a "given number" of these be equipped with Diesel engines instead of oilburning equipment. This would improve their efficiency by 25% and make it possible soon to repay money borrowed from the Shipping Board's construction loan fund...
...advance on his last note. The offer, which was made on the advice of the British Government and which takes account of the Belgian plan (TIME, June 11) is for payment of $265,600,000 a year for a period to be settled by an international body. An international loan is preferred, but Germany is prepared to begin payment of these annuities on January 1, 1928, and in the meantime to make a total payment in kind to the value of $595,000,000. Guarantees were offered: capitalization of the Federal railway system at $2,380,000,000, gold marks...
...from a bank upon the collateral of the stock certificate. Thus most of the stock certificates bought "on margin" by customers, they never actually see. Nor does the legitimate broker usually keep them in his office, for he may in the manner suggested above put them in a "loan envelope" and deposit them with a bank to obtain a loan upon them. The customer sees only his statement from his broker, upon which he is credited with the securities he has bought...
...most brokerage customers do not fully understand the business, it permits unprincipled brokers to sell out their customers' stock as fast as it is purchased&−which is "bucketing." If the customer asks where his stock is, he is told that it is at a bank in a "loan envelope," and he has to take the broker's word for it. The "bucketing" broker profits from this illegal and underhanded practice in two ways. In the first place, he charges interest on $8,000 to the customer, when he is not actually borrowing money to carry his stocks...
...Library Committee of Phillips Brooks House urges all men to donate their text books to the Text Book Loan Library. The books may be left at P. B. H., the Crimson Building, or if the address is left at P. B. H., the books will be called...