Word: rating
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Dates: during 1930-1939
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Francis Michael Shea for Samuel Estill Whitaker in the Claims Division. Out of Dartmouth and Harvard Law School (1928), Mr. Shea worked on AAA, SEC and Puerto Rican Reconstruction before becoming, in 1936, Buffalo Law School's prodigy dean. His special study is bankruptcies & receiverships, at which lawyers rate him far above his predecessor, the mayor of Riverview, Tenn...
...rate, if either Joseph Stalin or Adolf Hitler-who have led their countrymen to believe that the other is the devil unchained (but not so deliberately recently)-needed any sales points to make the deal palatable at home, they were available. General belief was that they would scarcely take the trouble. They did not even bother to reveal who had undertaken the preliminaries to the greatest and quietest diplomatic about-face in modern European history...
...last year sought (and lost) the Democratic U. S. Senatorial nomination against Earle. As Mayor, Wilson was good, bad. Although he was twice indicted for malfeasance in office (one indictment remained last week), he saved Philadelphians $50,000,000 on the capitalization of their transit setup, beat down utility rates, cut the tax rate 5?, was credited with bringing the 1936 Democratic convention to Philadelphia. But since January 1 sick Sam Wilson had spent precisely ten minutes at City Hall, let the city go to pot. Fortnight ago, with his overdue airport only half-finished, sewers left broken and exposed...
This cheerful sign could not account for the shakiness of stock prices unless July's rate of production already anticipated fall business. Last week General Motors' Alfred P. Sloan Jr. and Chrysler's K. T. Keller (see p. 54) told business something closely approaching this. Said Sloan: "Automobile sales will be fully as good as last year." Said Keller: "The immediate prospect seems to be that business will continue at current levels, or possibly show some improvement " A generous estimate of "some improvement" might put the Federal Reserve index at a fall peak of between...
...only technological house cleaning has put U. S. Rubber in the black at this low rate of operations. Engineer Davis has swung a sharp hatchet cutting Rubber's debt from $101,572,400 to $42,144,000, its yearly interest bill from almost $6,000,000 to well under $2,000,000. Last May he got three insurance companies who own its debt to accept an interest cut from 4¼% to 3⅝% just as though he were hiring the money at the market...