Word: pars
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Dates: during 1930-1939
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...month. TWA will have the first of its DC-3's and the three transcontinental airlines will again be on a par in equipment. Last week, therefore, they sensibly agreed to compromise the rate war, profit by each other's experiments. United and American agreed to lower their rates half as far as did TWA last year. TWA will now raise its rates to that level. In addition, the three lines agreed to set up the first rate structure in air transport history with three distinct classes of travel corresponding to railroad sleepers, chair-cars and day-coaches...
...H.A.A. has never been lax in bidding for the backing of the sports-minded student. Fairness in relationships between officers and players forms the characteristic par excellence of Harvard sports. The powers that be have willingly opened the doors of administration to all who wanted to be student managers. But the Quincy Street bureaucracy has never fully realized the importance of giving the ordinary student a share in Harvard athletics...
Since then, in the face of continual talk of a steel strike, the stock has climbed steadily, crossing par last month. By the start of last week Big Steel had assumed its pristine place as the stockmarket's undisputed leader. Evident it was by now that some people either knew or suspected that a long and costly showdown between the Steel Corporation and the CIO was not inevitable. Sure enough, the announcement soon came that President Benjamin F. Fairless of U. S. Steel's biggest operating subsidiary, Carnegie-Illinois Steel, was conferring with the Steel Workers Organizing Committee...
Dick Dorson, not up to par, lost to the University Clubman Hoehn, 3-0. Alvah Sulloway dipped his flag to Withington, 3-1. Johnny Develin, winning again with his powerful drives, overcame Gunn, 3-1. Dan Burbank, playing well, edged Sullivan 3-2. George B. Blake lost to Monier in another close fought match...
...president in charge of the marine division, Jacob Levison proposed the formation of a new company to take over the insurance of the old, minus San Francisco losses. Each director was asked to subscribe to stock in the new corporation in a ratio of twice the amount of the par value of his former holdings. All but one agreed. Mr. Levison made their subscription notes security for a $250,000 loan from the Crocker-Woolworth Bank. To policyholders he offered 50% in cash and 50% in stock of the new company. On every stockholder he levied a $300 assessment...