Word: loans
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...cannot sell his corn for better than 45? a bu. on the farm can put it in a sealed corn crib and borrow 45? a bu. on it from the Government. If the price of corn rises, the farmer can sell it at a profit and pay off his loan. If the price of corn falls, the Government will take the corn and cancel the loan. With 45? sure in pocket, Iowa's corn huskers can count on a minimum return of $168,000,000 for this year's crop compared to $159,000,000 last year...
...Britain's general election. With his famed "balanced budget" now a symbol of the National Government's successful stewardship, the beak-nosed and scrawny Chancellor of the Exchequer spoke last week as a complacent treasurer who expects soon to float a $1,000,000,000 British rearmament loan without so much as flurrying the market. "There is not a single small country in Europe," Mr. Chamberlain declared, "which did not breathe a sigh of relief when it learned at last that we are going to put ourselves in a position to defend ourselves if necessary and play...
Immediate cause of New Haven's troubles was refusal of the Interstate Commerce Commission to approve a $5,000,000 RFC loan, which the road needed largely to pay taxes. Terming New Haven's estimates of next year's revenues "optimistic," the Commission was unable to certify, as it must do by law, that the road had reasonable expectations of meeting its fixed charges without financial reorganization. It was the first time that the I. C. C. had ever blocked an RFC loan to a major carrier...
Hudson closed 1934 with working capital a thin $1,700,000, a year's deficit of $3,239,000. By Sept. 1, 1935, working capital was up to $10,600,000, thanks, in part, to a $6,000,000 loan from the New York and Chicago Federal Reserve Banks. Hudson, largest of the independents, sold 300,000 cars in 1929, dropped to 38,000 in 1933. Sales for the first nine months of this year came to 56,676 cars, mostly Terraplanes, and Hudson may make a small 1935 profit...
Almost too excited to speak last week was Director Alfred H. Barr of Manhattan's Museum of Modern Art. Ever since the founding of the Modern Museum six years ago and its liberal priming with Rockefeller funds, its loan exhibitions have been of more & more artistic significance. Last week perspiring truckmen trundled through its ornate marble doors the makings of possibly the most important show the institution has ever held-45 paintings and 46 drawings of the late great Vincent van Gogh. From U. S. museums and private collections Director Barr hopes to borrow almost as many more...