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Word: mellons (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Usage:

...Saturday afternoon tennis party was in full swing at Banker Harvey Dow Gibson's home near the Creek Club in Locust Valley, L. I. Mr. Gibson was wanted on the telephone. When he returned to his guests he looked thoughtful. It had been Secretary Mellon, asking Banker Gibson to be in Washington the next...

Author: /time Magazine | Title: BANKS: At Mr. Mellon''s | 10/19/1931 | See Source »

Secretary Mellon had been making other calls and on Sunday afternoon a powerful group of New York bankers assembled in Mr. Mellon's apartment at No. 1785 Massachusetts Ave. Governor George Leslie Harrison of the New York Federal...

Author: /time Magazine | Title: BANKS: At Mr. Mellon''s | 10/19/1931 | See Source »

...same afternoon that Secretary Mellon was on the wire to New York the Philadelphia Clearing House denounced "pernicious hoarding," issued instructions to its members not to permit withdrawal of time deposits except on 30-days notice. All savings banks did the same. Philadelphia's plight was the immediate cause for the conference at Secretary Mellon...

Author: /time Magazine | Title: BANKS: At Mr. Mellon''s | 10/19/1931 | See Source »

Although few major banks have changed dividend rates, bank shares have dropped greatly. Chase National at $45 last week yielded 9% on its present dividend. The $1,000 par stock of San Francisco Bank however was quoted at a fabulous $12,000 per share. Stock in closely-held Mellon...

Author: /time Magazine | Title: Business: Banks, Third Quarter | 10/19/1931 | See Source »

National was unquoted although its average price is $17,000 a share. San Francisco Bank carried bank buildings & lots, other real estate and pension funds at $1 each although their actual values are one million times $3. Mellon National Bank pays an annual dividend of $200 plus a "Christmas bonus" of $6 a share...

Author: /time Magazine | Title: Business: Banks, Third Quarter | 10/19/1931 | See Source »

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