Word: whispers
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Dates: during 1930-1939
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Cash and Government securities represent the bank's ready money. This expressed as a percentage of deposits is the bank's liquidity. Because U. S. depositors have been on pins & needles, ready to yank out their deposits in cash at a whisper of trouble, U. S. bankers have for months been keeping their banks highly liquid. But a highly liquid bank earns little money for stockholders. Cash earns no keep; Government bonds, particularly Treasury certificates, return a very low yield. Bankers point with pride at their ready money only because it bolsters confidence. Both the bankers and President...
...true that this is no satisfactory ground for criticizing the periodical or its editors. Even if, as malicious persons sometimes whisper, its primary purpose is to get its writers' names and works into print, the editors cannot be justly censured for having no higher ambition. The quality of much of what they print, however, indicates that they neither aspire to be read as is the Saturday Evening Post, nor do they love filler. Admittedly students indulge in literary activities only for their own pleasure, and if in the long month of January the demand which a strict code of literary...
...Ladies & Gentlemen, this is the Reverend Satchelmouth Armstrong. . . ." He gets his head up to an amplifier. His June 13, 1932 natural voice is almost whisper-small. "Chinatown, My Chinatown, Chinatown, Chinatown. . . ." He rarely has more than a rough idea of the words. "All right, boys, I'll take the next, five bars." He throws back his head, raises his trumpet, bleats noisily but marvelously. He has struck 200 high C's in succession, ended on high F. He slides all around a tune as easily as if he were doing it on a saxophone. He triple-tongues...
...manager begins accumulating stock, buying a little more each day than he sells. Stock is dumped if the price rises noticeably. When the manager has the stock he wants, publicity is shot out, bullish rumors about the company appear, the stock is "tipped," for it is now advantageous to whisper the existence of the pool. The stock is churned over & over, bought & sold to attract attention. When outside buying begins, the pool manager drives up the price by concentrated buying. Outside enthusiasm grows, amateur traders hear a big rise is in prospect. Most pools do not play for large advances...
...become suspicious when he was asked to print 42 bonds, each of ?500,000 denomination. Kreuger took the counterfeits, forged on them the name of E. Drelli, gave them to his companies in return for good bonds upon which he could borrow. To anyone who became suspicious he would whisper that relations between France and Italy were strained, no mention of his big "loan" to Italy must be made...