Word: walls
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Dates: during 1930-1939
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That the stockmarket should react unfavorably to indications of continued pump-priming was proof of business' confusion. Heretofore, such pump-priming talk has boomed the market, and even Wall Street admits that sharp curtailing of government largess would toboggan stock prices. Last week's pessimism apparently stemmed from the realization that new deficits may mean new taxes. But this was one matter on which Congress gave signs of having its back...
...Wall Street brokerage house of Jacquelin & De Coppet, greatly worried over what might happen to stock prices in the event of Franklin Roosevelt's death, took out in England a ?60,000 insurance policy on his life. It then deducted the premium, $23,102, from its 1933 income tax return as a business expense. The Commissioner of Internal Revenue disallowed it. So, last week, did the U. S. Board of Tax Appeals, declaring the case "wholly unique in the business history of this country...
...George Fisher Baker Jr. in May 1937, the First National Bank for the first time in 74 years had no Baker on its payroll. Last week George Fisher Baker 3rd, 23, returned from a round-the-world honeymoon to remedy that situation. He went to work at No. 2 Wall Street-as a runner...
...began an investigation of the Coster-Musica scandal (TIME, Jan. 9), a perversion of Mother Goose went the rounds of Wall Street...
...Exhibited at the Downtown Gallery was Making Music by Bernard Karfiol: two boys playing an accordion and a guitar in the luminous corner of an old, low, New England room with Colonial Primitive portraits on the wall behind them. Notable was the skill with which the painter made his own music of warm colors, cool light, suspended pattern...