Word: bond
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Strange would that customary formula have sounded if recited for a bond issue announced last week. The purpose of the issue of $250,000 of five-year 5% gold bonds was to improve business of the issuing company by conducting a bigger and better strike of 45,000 employes. The name of the issuing company is the International Ladies Garment Workers Union...
...proceed from Partner Sidney Weinburg and Partner Waddill Catchings. Partner Weinburg, treasurer of Goldman Sachs Trading Corp., has the reputation of being the best "picker" (of likely issues) in the Street. A small but significant example of his selective ability has been furnished by the annual outings of the Bond Club. At this outing, automobiles are put up as prizes, tickets on the automobile are issued, and the Bond Clubbers trade in the tickets in such a manner that the smartest trader wins the car. In the last three outings, Trader Weinburg has won six automobiles. He and Partner Catchings...
Died. George Lea Lambert, 23, of St. Louis, "Listerine" scion, vice president of Von Hoffman Aircraft Co., son of Major Albert Bond Lambert (official observer of the St. Louis Robin's endurance flight? see p. 47); near Black Jack, Mo., when his plane crashed, killing also Student Pilot Harold Jones. Last year, flying from his graduation exercises at Princeton University, Airman Lambert crashed with his cousin and classmate, James Theodore Walker near Pottsville, Pa., killing Walker...
...twisted, corrupted, diseased, poisoned, fiendish mind of a black-hearted villain and assassin" was last week isolated and thus described by Mississippi's Governor Theodore Gilmore Bilbo in a formal address to the State Legislature. Governor Bilbo had been charged with attempting to peddle a Mississippi bond issue to a Nashville, Tenn. bond house, at a loss to his State of $85,000 and contrary to law. In a 5,000-word message he denied the charge. The same message asked each legislator to donate one goldfish for the fish pool at the Governor's mansion. Said Governor...
...Warner). This story is taken from a musical comedy popular several years ago -something about a football player who had gone into the bond business, and his boss, and the boss's wife, and his secretary. There were good tunes in it; you heard them wherever you went to dance that summer. The tunes are gone from this version, also the chorus with big hats and little parasols, but the musical comedy atmosphere is left, inconsequential and agreeable. Before the football player has married the secretary and escaped the trap the boss was laying for him, you have stopped...