Word: wall
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Dates: during 1930-1939
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Inflation or Alignment? That the U. S. Treasury meant business was shown when the Soviet State Bank immediately, upon the opening of international exchange in Wall Street, after M. Auriol's statement last week, dumped overboard $5,000,000 in sterling pounds with orders to sell them for whatever they would bring in dollars. Secretary Morgenthau, alert at his desk in Washington, instantly used the $2,000,000,000 U. S. stabilization fund to buy the British money offered by the Bolsheviks. He then angrily exploded to Washington correspondents whom he hastily summoned, asking them to flash news...
With five children to support, funds were low in the Hoffman house. Malvina Hoffman earned money to continue her art studies by designing book jackets, wall paper, linoleum. In Paris she became a pupil, later a good friend of aging Auguste Rodin, won her first real fame with a bronze of Anna Pavlova as a dancing bacchante. Her best known works since then have been three heads of Ignace Paderewski (The Statesman, The Artist, The Friend), the colossal stone figures over the entrance to London's Bush House and the recumbent crusader that is Harvard's War Memorial...
...long step forward if for no other reason than it is a getting down to realities," pontificated the Wall Street Journal last week on the subject of the franc's devaluation and the promise of international monetary stabilization. Wall Street's more practical reaction to the most significant financial news of the year was to be found on stock-market tape, where its collective opinion is always best expressed. Share prices turned firmly if unspectacularly upward...
Nevertheless, the drive for advertising continued under the leadership of Maurice L. Farrell, senior partner of F. S. Smithers & Co. and chairman of the Exchange's committee on public relations. An old-time newshawk who was once managing editor of the Wall Street Journal, Broker Farrell last week won a heroic victory. For the first time in 144 years, except for a brief period during the War when it unbent as a patriotic duty to participate in prompting the sale of Liberty Bonds, the New York Stock Exchange published paid advertisements...
Neither the campaign nor the copy was precisely breathtaking. It was not a campaign to resell Wall Street to the public along the lines of the National Association of Manufacturers' current effort to resell "The American Way" (TIME, Sept. 28). It was not a campaign to drum up business for its members, not even an institutional campaign. In modest little two-column insertions in dailies in the Northeast it was announced that a booklet called The New York Stock Exchange, Its Functions and Operations would be sent free upon request. In the New York Times and Herald Tribune...