Word: prior
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Dates: during 1930-1939
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Only real bait offered was a cash bonus of ?1 for every ?100 worth of bonds converted prior to Aug. 1. Obviously to convert was no business transaction. It was a great act of united national patriotism. To put it over all the stops of Wartime propaganda were pulled out. Posters went up on the hoardings, there were placards in Trafalgar Square. Orators spellbound theatre audiences in the intermissions. Newspapers printed honor rolls of firms who had converted all their War Loan Bonds, heaped honors on superpatriots who refused to accept their ?1 cash bonuses. And it worked...
...scanned the offering circular to note changes in the balance sheet, for it was thought with new audits of Insull companies heavy charge-offs might be necessary. If the bankers had revised Mr. Insull's accounts it was not revealed; the balance sheet was for March 31, fortnight prior to the Insull collapse...
People who believe that pessimism has been the chief drag against business felt better last week. The mercury in the sensitive thermometer of sentiment went shooting up. Warmest of rays was a sensational rally in stock prices. What had started three weeks prior as a slow, creeping advance suddenly became a running, leaping market. In percentages, even the famed Moratorium Market with its 28.9% gain in 25 days was outdistanced. Railroad shares jumped a whopping 58%, utilities 38%, industrials 34%. The market as a whole fattened itself 37% in 22 days, putting on millions of dollars of weight, much goodwill...
...worked. Bearded Dino Grandi, for three years Foreign Minister, and Minister of Corporations Giuseppe Bottai were removed from office. Il Duce himself took over both their portfolios, the first of which he has held before. The move was particularly surprising to U. S. readers. Only two days prior they had read in the New York Times Biographer Emil Ludwig's interview with Mussolini in which Il Duce had said...
...past three months the New York World-Telegram appeared with the advertising of only three of Manhattan's 15 leading department stores. The other twelve had withdrawn simultaneously be cause the World-Telegram wanted to in crease its rates over what was charged by the defunct Evening World prior to last year's merger of the papers (TIME, May 23). The total increase was to be 6? per line, of which 3? was made effective when old World contracts expired last May, the other 3? to be added in September. Determined that for no reason would they...