Word: bond
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Soon the Chief was hopping and strutting gleefully with a silver-headed cane from Bond Street, presented by the Duke and Duchess. Grateful, he prepared for them a bowl of the sacred nectar kava, "by drinking which the Chief is brought near and like unto his people." When this potent beverage had been mixed, stirred, and the more solid ingredients pounded in a great bowl, the Chief personally strained it through a filter of woven bark, saying: "This make kava very nice. This take out all the grit." The Duke, no weakling, downed a huge swallow of kava. Thereafter, although...
...peace in "Bloody Williamson." Pessimists, dissenting, point out that Birger gave himself up only to escape being shot down in the streets, that when he first surrendered he was allowed to take into his cell a pistol and a machine gun, that he could raise his $42,500 bond overnight if he were so inclined. Then, too, lieutenants, ambitious, quick-firing, are ready to step into departed chieftain's shoes, ready to prolong the same feuds with the same weapons. Meanwhile Leader Birger, answering no doorbells, dodging no dynamite, plays pinochle, smiles blandly, has nothing...
...investors have more money than U. S. industries, railroads, public utilities and governmental subdivisions want to borrow or are willing to trade for stock shares. 2) In consequence U. S. investors have turned to foreign securities. Last year they bought $1,212,689,000 of foreign bonds. 3) The Exchange lists 76 foreign bond issues, worth $6,000,000,000 at par. 4) The Exchange lists 12,000,000 shares of 22 foreign stock issues only by subterfuge. New York state law forbids the Exchange listing them directly. 5) Uncounted U. S. money is buying foreign stocks through private bankers...
Clarence Dillon, investment banker: "Mortgage Bond Salesman Josiah Kirby (now in Atlanta penitentiary) used to hire special trains to picnic his salesmen. Last week 700 employes and officials (all male) of the National Cash Register Co., which I bought a year ago, (TIME, Jan. 11, 1926) sailed for Havana on the Holland-American liner Volendam, chartered especially for them...
Railway securities in the U. S. have a face value of $22,333,000,000, according to Interstate Commerce Commissioner Lewis. This wealth is shared by nearly 2,000,000 stock and bond holders. Railroad valuation was set at $22,000,000,000, a $4,000,000,000 increase since...