Word: melone
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Dates: during 1930-1939
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Wages. When U. S. Steel cut its great 40% stock melon in 1927, Judge Gary drew up the Board in two long lines and jubilantly invited reporters in to see his potent directors "in the flesh." But at last week's meeting the directors, confronted with the poorest quarterly statement since the pre-War era, cut the common dividend from a yearly rate of $7 to $4 (TIME, Aug. 3). They left the meeting hastily, silently, Morgan-Partner Lamont forgetting his hat in his hurry. But President Farrell had something to tell reporters. Four words: "Wages were not touched...
...electric companies could afford this. It has been a lush year for their stockholders. German General Electric recently declared a 7% dividend. Last week Siemens-Schuckert declared 7½%. Potent Siemens & Halske, nearly 20% of whose stock is owned by U. S. individuals and investment trusts, cut a 14% melon...
...sliced chicken reposing on lemon-yellow hearts of lettuce, criss-crossed with ribbons of pimiento, topped by a mold of fruit salad-sliced oranges, large green Malaga grapes, thin strips of pineapple- all chilled and jelled in fruit juices. Gourmet Alfonso then finished the "Gardens" off with cubes of melon and succulent strawberries soaked in rare old sherry, enjoyed himself thoroughly...
Rumo(u)r has it that comment of a similar nature has been prevalent in the sister institution, Alma Mater of Sir Isaac Newton, Pitt and Paul Melon. The latter was reported in your good columns as having stroked the crew of Emmanuel College to victory in the annual winter regatta. Can you tell us what was meant by "the annual winter regatta" and how long this institution has existed at Cambridge-so that we may have the pleasure of witnessing it on the occasion of its recurrence? Can you also tell us when Mr. Paul Melon took up residence...
...such person as Paul Melon is known to exist. Paul Mellon, mentally active son of the U. S. Secretary of the Treasury, stroked the Clare College second boat in successful competition with other Cambridge College boats in an annual event which may properly be described as a regatta but which Cantabs delight to call The Lents...