Word: rider
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Dates: during 1930-1939
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...good Southern Methodist was the late Author Corra May Harris, of Rydal in the mountains of northern Georgia. Her most famed work, A Circuit Rider's Wife, based upon her early life with her husband, Rev. Lundy Howard Harris, was published serially in the Saturday Evening Post in 1910. An optimistic believer in oldtime simple virtues, Mrs. Harris in 1930 became "Professor of Evil" at Rollins College (Winter Park, Fla.), whose President Hamilton Holt had published much of her early work when he edited the Independent. Author Harris died last year (TIME, Feb. 18, 1935), left the bulk...
Last week this letter was made public day after Lehman hastily dispatched new prospectuses to its dealers, announcing in a rider that the underwriters were trading in Flintkote and would continue "to make such purchases and to execute such orders in such amounts and at such times for such period or periods as they shall deem advisable." For all bankers and dealers this exchange of lawyers' letters was significant because most of them have been pegging new issues to some extent without admitting it in their prospectuses...
...marry. Last week Frank Furlong, married to Pamela Kingsmill and fatter than a year ago, was too heavy to ride his father's horse but Reynoldstown was in the race again, patently unaware of the hazards that tradition placed against his winning. The first time round, his rider, Fulke Walwyn, lost his whip but Reynoldstown stayed with the leaders without urging. As Davy Jones took the third fence from the finish, Reynoldstown was a strong second, with the remaining ten horses in the field, including the U. S. entries, Pete Bostwick's Castle Irwell and John Hay Whitney...
...judges awarded four instead of the usual two Altman prizes to U. S.-born citizens. Most important of the Altman prizes ($700) went to Sidney E. Dickinson, conservative portraitist and onetime art instructor, for a curious canvas entitled The Pale Rider. Apparently having listened to much talk about surrealism, Artist Dickinson did a picture of a morose young woman in a red dress seated on a falling, pedestal by a table loaded with books. A Negro in a grey flannel shirt is pulling a heavy tarpaulin over the whole composition while three white roses fall from the sky. The Pale...
Secretary Morgenthau said he had had "an awful time with free riders." In Wall Street parlance a "free rider" is a person who buys a new issue not for investment but for the speculative possibility of immediately selling it in the open market at a profit. For free riders the Treasury's long-term bonds turned out to be a joy ride, since they promptly rose more" than 1½% above the offering price...