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...Lorillard Co. duplicated Standard Oil's move last week, announced it would retire $13,758,000 of its $33,679,000 funded debt Jan. 1. The called bonds are those remaining from an issue of 5½% ten-year debentures sold in 1927. The saving to the company will be about $756,000 annually, without adjusting for sinking fund operations. Lorillard's balance sheet as of Dec. 31 showed an exceptionally strong position. Current assets equalled $73,000,000 of which $17,000,000 were in cash, current liabilities $1,474,000. Famed Lorillard products: cigarets-Old Gold...

Author: /time Magazine | Title: Business & Finance: Cash for Bonds | 12/7/1931 | See Source »

...tail with a vengeance. A new decree was placed on Old Paul's desk, and promptly signed, continuing the partial closure of the banks indefinitely. Foreign exchange can be bought only through the Reichsbank. Penalties for violating the new banking laws include confiscation of property and ten-year jail sentences...

Author: /time Magazine | Title: GERMANY: Bull-by-the-Tail | 8/10/1931 | See Source »

...from hayfever and a base for fishing. The few Indians and whites in the neighborhood have found in him their patron in sickness and want. Serious want comes to the Canadian backwoods families about every ten years. The game upon which they depend for food and profit runs through ten-year cycles of alternate scarcity and plenty. It was to help many Canadians besides his neighbors that Mr. Amory played host to the conference...

Author: /time Magazine | Title: Science: Canadian Ecology | 8/10/1931 | See Source »

Drought, storms, insects, germs fluctuate from year to year. The biologists sought some common cause for the variations. The ten-year cycle is too regular to be accidental...

Author: /time Magazine | Title: Science: Canadian Ecology | 8/10/1931 | See Source »

...York City's Lewisohn Stadium last week went hollow-eyed Willem Van Hoogstraten, having conducted the New York Philharmonic Orchestra there for three weeks. After a program of Beethoven, Tchaikovsky, Bach and Brahms (apparently his favorite composer), he was given tokens of esteem in recognition of his ten-year association with the Stadium concerts, set out for Philadelphia to direct the Philadelphia Orchestra concerts in Robin Hood Dell Park. Next he will go to Europe, return in the autumn to conduct his seventh season in Portland...

Author: /time Magazine | Title: Music: Stadium Men | 8/10/1931 | See Source »

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