Word: money
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Dates: during 1920-1929
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...appreciate from your article on tires in last week's issue (Aug. 27) just why you wanted the information and I can assure you positively that there are more Sears, Roebuck tires sold today direct to the consumers than any other tire and besides we are making money...
...Secretary's trouble was not serious. It was only that heavy stock market speculation, and increased exporting of gold from the U. S., had stiffened the U. S. money market and kept it stiff. The Third Liberty Loan was to mature on Sept. 15 and a considerable portion of it had been left to be taken care of by the Treasury's September operations. Secretary Mellon had to decide what interest rate he must offer to ensure the success of these operations. He delayed decision, hoping for a "break" that would make the playing easier...
...break" did not come. The Treasury had to announce last week that it would pay 4½% on an issue of nine-month notes, for which the last of the Third Liberties might be exchanged. In past years, money conditions had allowed Secretary Mellon to retire some $3,900,000,000 worth of Second and Third Liberties, all bearing 4¼%, at rates ranging from 3⅞% down to 2¼%. Not since early in 1923 had he been obliged to offer...
Last week the American Committee of the Cité Universitaire in Paris acknowledged a gift of $25,000 from rich Bernard Mannes Baruch of Manhattan. Mr. Baruch's money will provide for a room in which, if he so desires, will be placed a tablet with his name engraved thereon. Should he further desire, Banker Baruch could have ten rooms in the University, each inscribed with his name, as each $2,500 is entitled to a tablet. Mr. Baruch, however, did not ask for this, and the Committee, passing over the point, reported that...
...Porte d'Orleans. Sites in this tract were free and 15 foreign countries quickly accepted invitations to build dormitories to lodge their Paris students. There is, however, no U. S. dormitory; nor will there be until the important committee to which Banker Baruch made his donation gets enough money...