Word: new
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Dates: during 1930-1939
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...biggest bank, the Continental Illinois, which had taken a bad licking in Willys Overland, and on Insull securities, was the first big time U. S. bank to step up and take advantage of Jesse Jones's offer to buy preferred bank stock with RFC funds. To get new capital Continental sold him $50,000,000 worth...
...Sept. 21, 1938, a tropical hurricane out of its orbit swarmed through New England like a banshee on a binge. From Long Island Sound to the tip of Maine it cut a swath 300 miles long, 100 miles wide. With its blast it felled 2,250,000,000 board feet of lumber. To get this average five-year cut into ponds, into neat stacks before bark beetles and fire took their toll, the Department of Agriculture's Northeast Timber Salvage Administration went to work. By last September it had bought 600,000,000 feet of hurricane timber from some...
According to Professor Raymond Moley, the New Deal mounted its economic horse and rode off in all directions about the time accordion-pumping Tommy Corcoran usurped the role of FDR enchanter previously played by guitar-plucking Will Woodin of American Car & Foundry. Woodin economy soon was forgotten, Woodin himself died, but left behind in the Treasury was an American Car & Foundry alumnus, Walter Joseph Cummings. Last week Mr. Cummings was conspicuous for a second time in recent years...
Over a glass of beer at the New York World's Fair last summer pretty Florence Mistele, 18, design student, and handsome Richard Graham, 20, actor, hatched a solution to the age-old problem of what to do with one glove after the other is lost. This week their patented answer went on sale at Manhattan's swank Mark Cross Co. (leather goods). It was a glove which looked like a hand's pattern jig-sawed out of a board. It is made by sewing an identical back and palm to a leather ribbon edge. Loose...
...contrast common stockholders (the management sold its employes 64% of its own stock) got 719,926 snares of new common and a promise of a $1 "catchup" dividend, if earned. Their total original investment was about...