Word: pars
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Dates: during 1930-1939
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...Governor Moret upstairs. The majority of the stockholders of the Bank of France, more than half of whom own only one or two shares, have almost no authority, almost no function except to receive dividends. They receive a yearly dividend of some 300 francs on their 1,000 franc par shares which sell on the Bourse for some 10,000 francs. To the heirs of Frenchmen who bought a share at par and tucked it away in the family stocking when Napoleon I founded the Bank of France, the return on investment is thus at the rate of some...
They ran their fingers down the fat sums on General Electric's fat financial statement until they came to the figure $42,900,000, representing Genenal Electric's 4,292,964 shares of 6% cumulative special stock at par ($10). A little farther down the list they came upon the figure $2,047,000. representing G. E.'s sole remaining bond issue. Thereupon they voted to use their surplus cash to retire the bonds at $105 and the special stock at $11. G. E. special, issued in 1922-26 as a stock dividend on the common, will...
...altogether to be attributed to the amorous ways of Henry VIII, but was part and parcel of an economic motive which despoiled the monasteries. "Money, money maketh man," said old Pindar, and the lines which Langland gives to Lady Meed show that while he was "the Catholic Englishman par excellence, at once the most English of Catholic poets and the most Catholic of English poets: a man in whom Catholic faith and national feeling are fused in a single flame," he perceived a real threat to Christianity in the rapacity of his contemporaries...
Though little is gained by comparison with his earlier pictures, it is hard to avoid the feeling that "Kid Millions" is not up to the usual Cantor par...
Last February the annual report of the Foundation asserted that one-third of college Seniors are intellectually on a par with high school students. After advocating improvement in admissions systems, the report went on to say that "if teachers were relieved of their factitious authority for giving credit it would shortly appear which of their number were of recognized value in ministering to the intellectual life of the student and which were being merely carried on by the system...