Word: rumor
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Dates: during 1930-1939
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...York Stock Exchange one morning last week, shares in Fox Film Corp. suddenly began churning feverishly, jumped from 22 to 25, from 25 to 30, to 34. To account for the move there was no definite news, only a rumor that 25 attorneys had gathered in the offices of Judge Frank J. Coleman, reached a compromise that would end the difficulties of Fox Film Corp., largest company in the amusement field (TIME, Jan. 13, 27). In one respect this rumor was true. After two hours of deliberation a plan had been reached by which a new trusteeship would be appointed...
...another respect the rumor was false, for fine as the plan seemed, it still lacked Cineman Fox's approval...
Vagaries of rumor aside, there are three railroads which could make good use of the Denver & Salt Lake and its tunnel: 1) Chicago, Burlington & Quincy, 2) Chicago, Rock Island & Pacific, 3) Denver & Rio Grande Western. The Rock Island and the Burlington, with lines from Chicago out to Denver, would both like to strengthen their transcontinental connections at their western ends by acquiring the Moffat tunnel. The Denver & Rio Grande Western is the most directly interested in the tunnel. Since it runs from Denver to Salt Lake City, the 175-mile saving would be made on its line. At present...
...rumor that Professor Sprague of the Harvard Business School was to accept a position with the Bank of England has been granted clear title in its final confirmation yesterday. In view of the major problems of unemployment and disorganization of its banking system facing the Labor Cabinet there remains little doubt that the industry and finances of England are hampered by the well-worn cogs of out-worn tradition. In this case the governors of the Bank of England have journeyed across the ocean in their quest for the right practitioner to prescribe the panacea for their ills...
This confirmation of the rumor published in the CRIMSON on January 14 comes as Professor Sprague is on his way back to the United States after a hurried visit to England for the purpose of conferring with Montagu Norman, Governor of the Bank of England. It is expected that he will arrive sometime next week to recommence his teaching duties at the Business School...