Word: pars
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Dates: during 1930-1939
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When the British pound was at its prewar level (near par: $4.86), ?230 ($1,117.80) per ton would have been a good price for tin-equivalent (with the cost of freight and insurance) to about 48? per Ib. As the world's biggest user of tin, the U. S. is much interested in its price. When the official pound was dropped to $4.02-$4.06, ?230 per ton became equivalent to only 40? per Ib. So last week Britain killed her wartime rule, which since September had forbidden the sale of tin on the London Metal Exchange at more than...
...great potentialities. He has more natural sapped and power than anyone on the squad and is picking up the knack of controlling this power, Don Marvin, at number five, is a newcomer to the top group, but he has natural ability which should soon place him on a par with the best of the racquet wielders...
...wage bonus, compared to 4% in October for its 45,000 employes. Westinghouse's bonus system, adopted in 1936, boosts wages 1% for each $60,000 by which average monthly earnings for the previous three months exceed $600,000, cuts them 1% for every $60,000 below this par. Westinghouse's profit-sharing payments to Nov. 1 this year...
Number four doesn't play football For two years he's been a third-string fullback on the soccer team. In the fall he worries with the best of them about getting his weight down, and his wind up to par. Last week the lineup was revamped, and he found himself starting against Brown on Saturday. But his ankle was creamed in the first quarter. His name is John Davidge, and this afternoon he will watch Yale and Harvard play soccer from the bleachers...
...plan: to clear up, the $9 a share accrued on 287,225 preferred shares, exchange of each old 6%, $100-par preferred share for ½ share of new preferred and 2¾ common. The plum if the deal goes through: payment of a 30? dividend, first since 1931, on the common...