Word: money
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Dates: during 1930-1939
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...broadcasting business generally was comfortably in the black for 1938, a peep at who made how much revealed some disquieting statistics. Of the 660 stations in business, 419 made money, one broke even, and 240 were in the red. Of the luckless 240, 175 were "teakettle" stations doing a time-sales business of less than $25,000 a year, most of them low-wattage local stations. The 350 network-affiliated stations as a group had 77% of the industry's revenue...
Since 1927, when Stuart Chase and F. J. Schlink scared the wits out of consumers in Your Money's Worth, courses in consumer education in U. S. high schools have multiplied like mosquitoes. Because the object of this propaganda is to persuade buyers to be skeptical of advertising and be guided by such agencies as the U. S. Bureau of Standards and Consumers Union, admen view this trend with alarm. Fortnight ago, at the annual convention of the Advertising Federation of America in Manhattan, they decided to do something about...
...Hobby Club of Bellingham, Wash, one day six years ago, a big, solidly built, well-dressed educator named Charles Henry Fisher suddenly remarked: "If I had money I would invest it in Soviet bonds. They are paying 7%." The manager of Bellingham's Herald, angular old Frank Sefrit, turned fierce eyes on him and barked: "That's the most radical statement I have ever heard made in this club:" Tapping the educator on the chest, he added ominously: "Fisher, I'm agin you and I hope you know what that means." By last week it meant...
...urged the purchase and study of contemporary work by U. S. designers and artists. The Museum lived up to this so consistently that in 1925, when Dana was in Italy and a rich Newark lady sent him $10.000 with which to acquire old Italian things, he saved the money and persuaded her to let him spend it on American paintings. The next year the Museum moved into a $750,000 building given by Department Storeman Louis Bamberger, held a long remembered exhibition of New Jersey leather products and processes...
...partners in brokerage firms from margin speculating. Last week the New York Stock Exchange issued a new regulation to satisfy SEC. It forbade general partners of member firms from trading on margin through their own or other member firms. (Like other investors, they can, of course, trade on borrowed money if they obtain it elsewhere.) Exempt from this rule were specialists and certain technical transactions. The Exchange warned partners that the brokerage accounts of their close relatives would be scanned to see that the spirit of the new rule was observed...