Word: wealth
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Dates: during 1930-1939
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...diamond industry last week included the following facts: world diamond production was 7,348,000 carats, estimated at $72,960,000 (3% less than the 1928 output); the U. S. purchases 80% of all cut diamonds; 50% of diamonds consumed in the U. S. are smuggled; the per capita wealth of diamonds in the average U. S. family is more than $200; there was no overproduction last year. "The industry," opined Manhattan Mining Engineer Sydney H. Ball, "is sound...
...fortune since the trek to Utah is due in no small measure to a faith which greatly admires and encourages prosperity. Mormons irrigated, planted and built with as much persistence as they prayed. A striking fact is that the Mormons did not dig in the ground 'for metallic wealth but concentrated on husbandry. They made a desert bloom. A good Mormon, and the "good" percentage is extraordinarily large, abstains from tea, coffee, tobacco, liquor. He pays a tithe (one-tenth) of his entire income to the Church. He hearkens to the Mormon proverb "the glory of God is intelligence...
...Mormon wealth, though impossible to calculate, is apparent to anyone who studies Salt Lake City commercially. The Church owns The Deseret News, two hotels, two office buildings, the Beneficial Life Insurance Co., and Zion's Cooperative Mercantile Institution (first U. S. department store, 1868). Through the Utah-Idaho Sugar Co., the Church owns 24,539 acres of farm lands and operates numerous beet sugar factories in Utah, Idaho, Washington, Montana, South Dakota. Board chairman of this company is Heber Jedediah Grant, now President of the Mormon Church. But though net current assets are listed at $3,466,860, worldwide...
...believe that the economic, political and climatic advantages of the U. S. and Canada during the next few decades will be so overwhelmingly great that these countries offer the most attractive field for investment. There is room for immense expansion and the desire for it. Wealth is the main objective, the pace will be hot, and the profit high. ¶ I think it is quite wrong to believe that the currency chaos of the last ten years will now be replaced by a long period of calm stability similar to that of the 19th Century. ... On the basis of this...
Last week the smart Plaza Trust Co., Manhattan, held a symposium on banking at which a speaker estimated that 41% of U. S. wealth belongs to women. Since many a woman prefers womanly advice. Wall Street brokers noted the figure with interest, wondered if the number of women in finance will increase. Significant, however, seemed the fact that the firm of Sartorius & Smith, in which Helen Smith Sartorius and Carrie F. Smith are special partners, last week filed a notice with the Stock Exchange that it will dissolve March 31, reorganize April 1, without the women...