Word: prudently
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...authorize an offering of rights to Macy's stockholders in the ratio of one new share for every ten now held, at a price to be announced. Declared the Macy directors in a statement which might have been improved by Macy's copy department: "It is prudent to raise additional capital at this time to provide against contingencies calling for greater working capital and to provide against a reduction of its cash funds, which assuming a reasonable dividend policy, it expects would otherwise take place over the next year, due to increased working capital requirements resulting from...
...Kopetzky-Lape program embodied so much prudent common sense that for two days and a night some of the hardest heads in the U. S. wrangled. What would doctors get out of this? What their patients? Who would run U. S. medicine? A sentimental sociologist like Secretary of Labor Perkins or a political Relief Administrator like Mr. Hopkins? Or a doctor like Surgeon General Parran? Or a medical oligarchy like the A. M. A.'s Secretary-General Manager Olin West, Lobbyist William Creighton Woodward and Editor Morris Fishbein...
...teeth. Nowhere have secret societies flourished more luxuriantly than in the U. S. During the Revolution everyone of importance from George Washington to Lafayette belonged to them. Some subsequent samples: Daughters of the Prairie of the Benevolent Protective Herd of Buffaloes of the World, Get There America Benefit Association, Prudent Patricians of Pompeii of the U. S. of America, Grand United Order of Galilean Fishermen, Grand Fountain of the United Order of True Reformers...
Founded on uncertainty, dedicated to illusion, the $2,000,000,000 cinema industry every year makes one monumental effort to seem prudent, predictable and precise. This effort, in itself the most heroic of the industry's whims, occurs every spring when the producers assemble their salesmen for annual conventions. Purpose of conventions is to excite enthusiasm. Procedure is to boast as loudly as possible about lists of forthcoming productions. By last week two major conventions were over, six more were scheduled for the near future. From pages of ballyhoo in magazines, newspapers, trade publications, cinemaddicts got some idea...
...distribution is made by the corporation during the fiscal year which is taxable to the stockholders as such, is estimated to exceed $20,000. A serious situation has thus been created because of the relatively small amount of cash in possession of the corporation. This shortage . . . is due to prudent anticipation of raw material requirements, and while this anticipation, coupled with temporary stoppage of shipments due to automobile strikes, has resulted in a greatly increased inventory ... it has also resulted in the corporation being without cash funds either to pay a surtax or to pay a dividend in cash...