Word: moneys
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Dates: during 1920-1929
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Last week, citizens respectful of the law paid income tax. The Federal Reserve Banks throughout the obedient land arranged ledgers to dodge the accounting strain. In one day, in Manhattan alone, the District Bank turned over $2,000,000,000 without rippling the glassy calm of the money market. Treasury certificates for $550,000,000 were redeemed; $560,000,000 of fresh Government obligations were sold to the prudent. $450,000,000 income tax was collected, and "easy" money "ruled'' because banks had the use of money represented by income tax checks for several days (before return...
Furious was the rate of trading all last week on the New York Stock Exchange. Many a trader had been bearish, gambling on the probabilities that prices would fall. Of this, shrewd men laden with money were fully aware. They bought stocks and in such quantities that the bears could not supply. Shares of the Radio Corporation of America were particularly and peculiarly in demand. One Michael J. Meehan, Manhattan broker, bought and sold them for Arthur W. Cutten of Chicago and the Fisher brothers of Detroit, who managed a sort of corner in R.C.A. stock. Its price, consequently, rose...
Upon his return from Europe for a "business visit" last week Monsieur Jean Monnet, onetime wealthy French industrialist (brandy), present Manhattan banking house partner (Blair & Co.) astonished Wall Streeters by explaining through the Manhattan press that his Motherland will henceforth lend money instead of borrowing. An outlet for France's surplus funds must be found, said Banker Monnet, former Deputy Secretary General of the League of Nations. But no "rivalry" with the U. S. will result, he soothed. Co-operation in international finance, U. S., England, France, hand in hand, will be the motto. Usurers sighed or cursed. France...
They saw Dolores Costello as the pure dancing girl asleep at midnight. Entered the villain demanding the stolen money. With hand to throat, she vows innocence...
...doing it primarily to make a living. My books have never sold." Last week Editor & Publisher Anderson confided to readers of the Democrat: "The trouble with us is that we have to write the whole paper, and make our living nights. You can't make money and have as much fun as we are having with these papers." Readers of the Democrat wondered when their editor's breadwinning novel would appear...