Word: solvently
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...Honolulu four years ago to head the Curb, business was terrible and so was the financial condition of the Curb. As he leaves, business is worse (59,600 shares a day v. 130,000 in the first half of 1939), but the Curb as an institution is now eminently solvent, with enough cash to cover its $730,000 mortgage. Annual expenses have been pared more than $400,000. Last year the Curb earned $57,311 before depreciation, v. a $42,285 loss for the Big Board; in 1940 the Curb cleared $5,513, while the Stock Exchange lost a whopping...
...Strict limits on credit and installment buying, to cut down spending and keep citizens solvent for the post-war jolt...
...Federal loan. In the summer of 1940 he turned a cold shoulder on synthetic rubber manufacture, because he figured that synthetic rubber would cost 40? a pound to produce. Commented the Nation wryly: "If the United States loses the war, it will go down to defeat in a thoroughly solvent condition." Mr. Jones was accused of delay all along the line: aluminum, magnesium, ships, defense housing, steel...
...price control chips more & more at the profit margins of the businessman whom price freezing pinches, his normal instinct to deal justly with war necessities is bound to be more & more muddied by his equally normal desire to stay solvent...
...held after January's end. Terms: hard cash. G.M. mad? this offer to 1) prevent a wild dealer scramble for the few people authorized to buy cars under the new rationing orders; 2) keep the cars from going to illegitimate dealers; 3) keep regular dealers solvent. Chrysler, Ford, other car makers may soon announce similar schemes...