Word: mortgagee
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Dates: during 1940-1949
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In February, Chicago Union Station Co. decided to float a refunding issue of $16,000,000 in 3⅛% first mortgage bonds, called in its banker, Manhattan's Kuhn, Loeb & Co., to handle the financing. As Morgan Stanley and the other noncompetitive firms would have done, Kuhn, Loeb withdrew...
The monumental study of the big 26 prepared by SEC Economist Ernest J. Howe had showed that the big 26 own 11.6% of the Federal debt, hold better than a tenth of the mortgage on U. S. private industry, 17.4% of the mortgage on U. S. railroads (TIME, Feb. 26...
This is a typical howdy-do from Uncle Sam Calling, eight-week radio series now planted on 662 U. S. radio stations by the U. S. Census Bureau. Many a censusee does not like the prospect of being asked, and having to answer, a raft of Nosy Parker questions: whether...
- At the end of 1937 the big 26 owned 11.6% of the Federal debt (in bonds), 6.7% of the State and local public debt. Paring down on railroad bond holdings, they still owned 17.4% of the $13,000,000,000 mortgage on U. S. railroads. Their share of the $13...
- Of the mortgage on U. S. private indus try, they held better than a tenth. Biggest non-Government group of farmers in the U. S., they held 10.5% of the total farm mortgage debt (down from 19.2% in 1930).