Word: moneyed
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...college [according to bullish Mr. White] is a good investment. . . . The buyer usually gets a minimum of 6% on his money . . . in some cases . . . $50,000 a year...
Persistent association with the smart money is suspect in an artist; so is a highly developed faculty for showmanship. Odd thing about Dali is that these qualities are apparently all of a piece with his art, yet his art has importance. Every Dali show since his first in Paris ten years ago has interested critics because 1) the art of painting needs fresh subject matter; 2) psychoanalysis has focused attention on dreams; 3) Dali seems able to recreate their haunting confusion, scale and illumination...
...Wall Street, S. F. Porter has long since ceased to be an unknown columnist. No longer is there any real mystery about the pronoun. Yet last week, when Harpers published an able, informative tract freely sharing some of a recognized expert's secrets on How To Make Money in Government Bonds ($3), Author Porter's special secret was tactfully kept...
...Making money in Government bonds, says S. F. Porter, should be easy because: 1) there are $38,000,000,000 worth of Government securities in the market and these are divided into only 49 issues compared to the hundreds of stocks which make up the Stock Exchange's $44,000,000,000 listing; 2) by & large all the issues move up and down together. Another inducement is the fact that the Government market, with no SEC to regulate it, can be played on margins as low as 5% instead of the 40% now required for stocks. Biggest inducement...
Though smart operators can make money by straight buying and selling of Government issues if they watch the market carefully, or by arbitrage if they can detect unwarranted price spreads between different issues, Sylvia Porter thinks the softest touch in the Government market is "free riding." When the Treasury invites subscriptions for a new issue, anyone can write himself down for a block by depositing 10% of the purchase price on the line, the balance payable on delivery. Because the Treasury takes care to make new issues attractive, they invariably command a premium over the par purchase price, thus anyone...