Word: par
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Dates: during 1930-1939
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...worst break the Berlin Stock Exchange has suffered under Adolf Hitler shrank the prices of leading issues by some 7% one day last week. A prime German blue chip, Vereinigte Stahl Werke (United Steel Works), dipped for the first time in several years below its par of 100 marks per share. None doubted that without the strict Nazi control of German finance the break would have been even worse. Although prices later recovered perhaps half their losses last week, as the Reichsbank strongly supported blue chips, the mood of the average German investor had turned deeper blue...
...Picard, four of the game's master shotmakers. Facing him in the final was the biggest titan of them all, young Sam Snead, leading money-winning pro of the year and quite a bugaboo himself. Sam Snead of White Sulphur Springs had reached the final 23 strokes under par (for 165 holes), and was 2-to-1 favorite...
...Tuberculosis & Health Association worker to the front rank of Federal officialdom is one of the major phenomena of the New Deal. It could not have been done by a character less elastic and resilient. He has not let his prodigious capacity for work stunt his private life. He likes par ties on Long Island, weekends at Sara toga, shirtsleeve poker with Jesse Jones & cronies. His little house in Georgetown, which he took to be near James Roosevelt, has been more of a sleeping place than a home to him since his second wife died last year, but he manages...
Fortnight ago Big Steel not only yielded gracefully to President Roosevelt's demand for price cuts, but quietly took what Iron Age called "a long step toward abolishing the controversial basing-point system." It lowered Birmingham and Chicago prices to a par with Pittsburgh (TIME, July 4). The price cuts caught the public eye, but in the steel world the removal of the old differentials caused a consternation which last week reached epic proportions. Other companies struggled to get into line. Small independents stormed that they could...
...Golfer Ralph Guldahl, winner of the U. S. Open fortnight ago: the Western Open championship, second ranking open tournament in the country; for the third year in a row; with a score of 279, including a six-under-par 65 on the last round; at the Westwood Country Club, St. Louis. Runner-up was Sam Snead with 286. Champion Guldahl is the first golfer in the 38-year history of the event to win the title three times in succession...