Word: cash
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Dates: during 1930-1939
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London's bright boys just had to see what the worst show in 20 years looked like. They screamed with laughter at its superpatriotic goings-on, involving gallant officers, dastardly villains, prostitutes, Boy Scouts, Girl Guides, taints of illegitimacy, stolen papers, stolen cash, the Union Jack. They went back for more, and their friends went with them. .Soon it became quite as chic to go (preferably halfcocked) to Young England as to the opera. At first the audience merely ad-libbed, then (as they came to know the play virtually by heart) they started beating the actors to their...
...Journal outfit cost Publisher Cox $1,943,685 in cold cash (for a 70% interest), plus an agreement to pay $761,400 more for the remaining 30% of its stock. For the Georgian, he gave Hearst $800,000, of which $300,000 was for good will. So Mr. Cox's Atlanta purchases cost him a total of approximately $3,500,000. To Cleveland Financier M. Smith Davis, for negotiating 1939's biggest newspaper deal, went a commission of over...
...Federal Reserve Board reports both figures weekly. Bank debits-the total of all checks cashed-account fairly closely for all the business done in the U. S., for even a cash transaction, such as an employer paying off his workmen with currency, is customarily preceded by drawing a check to obtain the cash. Bank loans are not, of course, a direct measure of inventories [because they are also used for plant expansion, payrolls, etc.], but they are an excellent gauge of the trend of inventories, for businessmen customarily borrow when they lay in larger supplies of raw materials, customarily...
...Wall Street banking house of Dillon, Read & Co., Fisk directors listened to a proposition from big, potent U. S. Rubber Co., nodded their heads in approval. U. S. Rubber offered to buy Fisk outright for $6,827,330 cash and 109,981 shares of U. S. Rubber Common, holders of Fisk's 34,738 preferred shares to get $110 a share cash (call price), holders of its 439,923 common shares $6.75 a share cash plus 1 share of U. S. Rubber common (last week priced about...
Meantime, October railroad carloadings were up 18.7% over last year. This was not surprising. For 15 years, whether traffic is good or bad, trucks have tended to do a little better than railroads. In 1925, when anybody with enough spare cash for a second-hand truck could go into the trucking business, trucks carried less than 2% of all U. S. freight. The rest was taken care of by the railroads (76%), waterways (17%), pipe lines (5%). By 1937 trucks were up to 5%, railroads down to 66%, and the process apparently still goes...