Word: rated
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Dates: during 1930-1939
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Chortled Mr. Churchill: "The Royal Navy ... is hunting them [U-boats] night and day, I will not say without mercy -because God forbid we should ever part company with that - but at any rate with zeal and not altogether without relish...
...hope the day will come when the Admiralty will be able to invite ships of all nations to join the British convoys and in sure them on their voyages at a reasonable rate. . . . We hope . . . that by the end of October we shall have three times as many hunting craft at work as we had at the beginning of the war. . . . We hope that our means of putting down this pest will grow continually...
France hailed the safe arrival from Halifax of the De Grasse, Champlain and Colombie in a convoyed group and French naval experts asserted that of 30 U-boats sent out in Germany's first subsea campaign, at least ten had been destroyed by Allied fire. This rate of loss, said the French, was greater than Germany's capacity to replace submarines...
...American Tel. & Tel., which had paced the market earlier in 1939 (high $170 1/8) when people wanted the $9 it pays per share, without realizing it wasn't earning $9 a share, lazed at $161 7/8 (Aug. 31 close: $160 7/8); yet it is now earning at the rate of $9 for the first time in two years...
...Works & Electric Co., operator of some 80 other water plants, had offered to run the plant profitably for a portion or the savings it could make on operation. To Mayor Scholtz's committee, astounded by the low earnings under city management (2½%), flabbergasted by a helter-skelter rate structure (51½% of Louisville consumers pay too much, 30% too little), it sounded like a good idea...