Word: totalizer
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Until the World War the public debt of the U. S. never exceeded $2,500,000,000. But by 1919 the liability side of the U. S. ledger carried a then-stupendous total of $25,000,000,000-and Wall Street had a lucrative new field, trading in Government bonds. First kingpin in this field was Charles Frederick Childs, who sold his business in 1928 after flinty Andrew Mellon's slashing of the public debt by $10,000,000,000 slashed the turnover in "Governments." Although Trader Childs bought back his firm when Depression I brought a new tide...
...year, 42% under $1,000, 65% under $1,500, 87% under $2,500. Ten percent had incomes from $2,500 up to $5,000; only 1%, $10,000 or over. Individuals had practically an identical income range. Lumping the two, Dr. Kneeland found that 32% of the total had annual incomes under $750, 47% under $1,000, 69% less than...
...them were not getting any form of relief, although their average income was$471 a year. The middle third of 13,000,000 averaged $1,076; the top third, just under $3,000-but this was a meaningless figure because of the tremendous range of income included. If the total estimated income of $59,983,000,000 were divided equally, the average would be $1,622 per family, $1,151 per individual...
...collateral. It used to state each week how many loans were secured by securities, how many by other property, or unsecured. To analysts of the figures this seemed most important, for if volume of commercial loans against securities was heavy (it sometimes ran more than 50% of the total) the indication was that the borrowing was not so much for commercial purposes as a mere hocking of securities to carry inventories, etc. Commercial loans rose at the end of 1936, for example, indicating apparently that business was expanding; actually much of the borrowing was to carry ponderous inventories; was therefore...
Sunray Oil Corp. is a small but profitable producer of crude oil and natural gas in Oklahoma, Texas, Kansas and California. Last year it had a neat net of $905,849.89 on a total gross operating income of $5,743,420.37. It now wants to expand, at the same time retire some bank loans. But, like many another gun-shy firm today, it distrusts the standard form of bond issue, which can cause such a crisis as that now afflicting the B. & O. railroad by maturing during depressed times (see p, 62). So last week Sunray Oil filed with...