Word: moneys
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Dates: during 1920-1929
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...employe, Nobile, said afterward of his employer: "All Ellsworth did was to give money for the flight. It was I, Nobile, who was responsible for the Norge's success...
...greatest Secretary of the Treasury since Alexander Hamilton, cannot afford to indulge in wishful thinking. Financiers were inclined, last week, to be instructed, rather than startled by what financial writers called Secretary Mellon's "bold" plan for refinancing the Third Liberty Loan which matures in September. With the money market hitting its highest since 1920 Secretary Mellon offered to exchange 3⅛% bonds for the 4¼% Third Liberty Bonds, which mature in September. He gave the new bonds a life of 12 to 15 years. Like most Government securities, they were only partially taxexempt. The conclusion was that...
...money-raising letter sent out by President Graf ton D. Cushing of Boston's Republican City Committee asked for "the largest amount you can spare...
Studebaker-Pierce-Arrow. The Fierce-Arrow Motor Car Co. of Buffalo, with assets of $24,000,000, has been losing money. The Studebaker Corp. of South Bend, with assets of $135,000,000, has been making tidy profits. Last week, the board of directors of Fierce-Arrow approved the plans of Studebaker for a merger of the two firms; President Myron E. Forbes of Fierce-Arrow called for a meeting of the stockholders on July 25, writing them that it would be for their own good to consent to the plans. No matter how good the product, a large organization...
...behaving in a dizzy manner. A bankrupt. That was Leopold Zimmermann in 1923 when the German mark went shooting down to nothing. His firm failed for more than $7,000,000. He paid creditors $5,000,000 of what he owed them with his own fortune and with some money that the Mixed Claims Commission awarded his firm. Then the courts said, last summer, that he need pay no more...