Word: worthing
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Dates: during 1930-1939
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...body for the benefit of the newspaper business. The association for years has had a full-time paid secretary and field manager, maintains an office in Minneapolis, furnishes members engravings at cost, farms out jobs that members cannot handle in their own plants, last year purchased some $16,000 worth of merchandise for them, solicited and distributed $14,000 worth of advertising for them, furnished an employment service . . . and functioned in scores of other ways...
Thus Sir Christopher Bullock had his career broken last week without anything specific being brought out against him. Among British aviators, the view was that Sir Christopher is easily worth ten of the men who investigated and broke him. A wounded War veteran with a silver tube in his stomach, the ousted Permanent Secretary of the Air Ministry was brilliant, driving, egotistical, efficient and a master of every technique in Government aviation except watching his tongue and saying the regulation thing where other and silkier Civil Servants were concerned. As for Sir Eric Geddes, airmen assumed that he was vexed...
...avoid competitive squabbles. Thundered NAMM's President Alfred D. LaMotte in the convention issue of Piano Trade Magazine: "I protest most vigorously any implication that there is any real competition between pianos and piccolos, accordions and ocarinas or harmonicas and harps." Pianos. In 1935 about $60,000,000 worth of musical instruments were sold in the U. S., largest slice of which (some $35,000,000) went as usual to the piano makers. For the first half of 1936 all music men reported business well ahead of the year before, with piano sales alone up 37%. Piano...
Tucked away in the Public Utility Act of 1935, lacking even the dignity of a separate paragraph, was a Congressional command to the Securities & Exchange Commission to investigate investment trusts. In the twilight of the 1920's, some $7,000,000,000 worth of investment trusts were floated, according to SEC figures. Their total assets were worth about $2,000,000,000 by the end of last year. It became SEC's job to find out where, how and why the rest disappeared. Last week after over a year of preliminary field work by a staff...
Ultimately Atlas acquired not only Pusco but a face value total of $20,000,000 worth of Utilities Power & Light debentures-40% of the holding company's funded debt. In making these huge purchases the market price of the debentures nearly doubled. But the fact remained that the holding company could not continue to pay interest out of capital indefinitely. To avoid a 77B reorganization something had to be done...