Word: pars
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Dates: during 1930-1939
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...money winnings went to the young professional who was his opponent in last week's play-off-Hermon Densmore Shute, of the Llanerch Country Club, near Philadelphia. In three days of marvelously consistent golf over St. Andrews' angry bunkers and deceptive fairways, Shute had scored four par 733 in a row. Wood had caught up after a 77 on his first round, mainly because of a brilliant 68 on his third, with putts for birdies on six holes...
Battling desperately to sell Indians cotton cloth, Japanese and Britons gash each other with the sharp trade swords of a steadily falling Japanese yen, a steadily rising Empire tariff. Last week Japan's yen had slumped 50% below par, but Britons had more than retaliated by raising the duty on Japanese and other non-British cotton cloth entering India six times since 1930, the last time by an added...
...average. Most companies can break even at 35 to 40% of capacity but for only a few will this mean a second quarter profit. Low April operations will more than offset the recent expansion. Nevertheless, U. S. Steel preferred was last week within a few points of par and the common at 56 had more than doubled its Old Deal...
...whoop. The mayors wanted: 1) the Government to lend them $1,000,000,000 per year for two years for routine operating expenses; 2) Reconstruction Finance Corp. to buy municipal tax anticipation warrants at 75? on $1 ; or 3) the Comptroller of the Currency to issue new money at par against municipal bonds and tax certificates; 4) a Federal advance of 100% on the cost of public works municipalities are expected to undertake under the National Recovery Act, instead of 30%, as provided in that measure. Ad dressed to Congress, the resolution de clared: "A grave crisis threatens. . . . Municipal credit...
...Pette brought in a twelve-page decision. Ruled he: "While the cricket is technically an insect and a bug, it would appear from a study of his life that, instead of being obnoxious, he is an intellectual little fellow, with certain attainments of refinement and an indefatigable musician par excellence...