Word: yorke
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Dates: during 1930-1939
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...Federal Reserve announced that it would lend on Governments at par, not only to member banks but to any U. S. bank, at the member bank rate (1% in New York, 1% elsewhere). Meantime, the Federal Reserve bought Governments on the New York Stock Exchange. It did such a rushing business that the Exchange allowed trading in Governments to continue 25 minutes after closing time. For that day at least the bulk of trading in Governments returned from the over-the-counter market to the Exchange. Sales jumped in one day from...
...York and Boston: On the docks lay few cargoes of foodstuffs, machinery, tools, waiting to be picked up. Whether ships would come for future contracts no exporter would venture to predict. For the first time since 1918 war risk insurance on U. S. vessels had doubled, tripled...
...safeguard premiums and for payment of possible U. S. claims for war-sunk ships, Lloyd's of London, world's leading insurance syndicate, had transferred $40,000,000 to New York. Meantime, U. S. exporters await anxiously how and whether the Neutrality Act will be applied. Strict enforcement of the Act would prevent exports in vessels of any nationality of arms, ammunition or implements of war for belligerent states- would put a crimp in present foreign commitments outstanding. Just under the wire last week a British steamer slipped out of San Pedro (Port of Los Angeles) with twenty...
...Kaisha (Nippon Mining Co., Ltd.). The deal: $756,700 cash; two payments of $756,700 within 30 and 60 days respectively; $4,542,000 payable by Aug. 31, 1942; $1,362,500 payable by Aug. 31, 1943. All deferred payments were guaranteed by the Yokohama Specie Bank, Ltd., New York City, with interest at 4%. To President Henry-whose late client Jacob Sloat Fassett (onetime Congressman and Republican leader of New York's Senate) was a backer of Promoter Hunt -this deal seemed fair enough. It looked timely to most of Oriental Consolidated's 829 stockholders (350 English...
...League to help ambitious and unknown authors, decided to begin by helping themselves, and concentrated on comic strips. Superman, the only one they have sold, first turned up in Action Comics, a monthly, was taken up by the McClure Newspaper Syndicate last January. It now appears in New York City, Philadelphia, Los Angeles, Milwaukee, St. Louis and many another large city. Some of them have Superman clubs; in others youngsters have taken to wearing Superman capes and carrying shields. In Milwaukee one enthusiastic young Superman fan jumped off the roof of his house and survived...