Word: options
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Dates: during 1940-1949
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...option would then barter, sell, give away, dump or destroy those goods. If the U. S. sold Brazilian coffee in Europe, it would reduce the $300,000,000 credit by the amount sold. Theoretically such transactions should be done at a profit-and profits were mentioned at the White House-but no profits can be foreseen. Actually, the program would probably show a dead loss of $300,000,000 to $500,000,000 annually. This cost, Mr. Roosevelt was advised, would be better defense than $500,000,000 in tanks...
Owner P. K. Wrigley of the Cubs -still hopeful of getting some return on his quarter-of-a-million-dollar investment -sent Dean back to the Texas League un der option (subject to 24-hour recall) and sent a personal tutor along to give him pointers on sidearm pitching. But few fans expect ever again to see Wrigley's white elephant in a Cub uniform...
...meant a share for share exchange for Curtiss-Wright's new 5% preferred with a bonus of ¼ share of Curtiss-Wright common (which at the market -around $10.50 a share-takes care in advance of over five years' cut in dividend) plus a 60-day option to turn in each share of their preferred for four shares of common...
...their asset value for 65/100 share of Curtiss-Wright Common having a market value of over $6.75 ($10.50 a full share), and the remaining $7.80 per share of their asset value for one share of Odlum's special situations company. To Atlas' 1,951,073 perpetual option warrants (good to buy Atlas common if it ever rises from its present $9.50 to $25 a share), it offers a five-year warrant to buy a share of Curtiss-Wright common on a rising scale from $12.50 in the first year, to $14.50 in the fifth-a speculation...
Soon it looked as if Producer Jed Harris had won. Then things began to happen. Harris and Hemingway couldn't agree on revisions, and Harris checked out. Austin Parker (a former husband of Miriam Hopkins) took a $1,000 option on the play, died a few days later. From then on The Fifth Column was batted around the market; finally Hemingway threw the script on the shelf...