Word: trusts
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Dates: during 1920-1929
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Since the cocky little Welshman often goes off halfcocked, his outburst assumed real importance only when wizened Philip Snowden, Labor's new Chancellor of the Exchequer, observed in his most bilious tones, "I cannot trust myself to say what I think of the way we have been treated .... I agree with Mr. Lloyd George's statements. . . ." Although tacitly admitting that circumstances would probably oblige the empire to stomach the Young Plan, Chancellor Snowden militantly added that at The Hague he would make one paramount demand: The new International Bank of Settlement must be located in London...
...following subjects at the new school: Dr. Machen-New Testament; Dr. Wilson- Old Testament criticism; Semitic philology. Committees were formed Westminster Theologies tentatively adopted, pledges of 22,000 made. It was hinted that the seminary would open in the fall. Acting Secretary is Roland K. Armes, 1237 Commercial Trust Building, Philadelphia. Contributions gratefully received...
Last week a select portion of the U. S. public was permitted to buy stock in Shenandoah Corp., a newborn investment trust which came into being with a silver spoon of $102,000,000 resources in its mouth. Eager, the public snapped up one million shares of common, one million shares of preferred, paying up to 42 for common offered at 17½ and up to 60 for preferred offered at 50. By midafternoon of the first day's sale there was no Shenandoah stock available...
...stock has paid a 33⅓-stock dividend, followed by a 100% stock dividend, is now selling at 78. One of the original $33 shares has become worth $624. Brilliant also has been the record of Goldman Sachs Trading Corp., Goldman Sachs Co.'s own investment trust. Issued last December at 104 its stock opened at 109, split two for one, is now at 116, making an original $109 investment now worth...
...Only about a month after Mr. Howell had opened his Commercial National, the National Bank of Commerce merged with Guaranty Trust...