Word: bond
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...best bids. Moore & McCormack objected to several features of the offering, and when the Board refused to make concessions, withdrew their offer. So the Board closed with the Munson Line. Terms: $4,104,000, one quarter in cash, the remainder in 14 annual instalments at 4¼% interest; a bond of $1,000,000 to be put up to insure operation of the service for five years...
...there were 533 memberships which were increased in that year by admitting "The Government Bond Board" (173 seats) and "The Open Board of Brokers" (354) ; making 1,060. When 40 new members completed the total which has remained constant for 44 years, they were knicknamed "The Forty Thieves." A man who paid tne then fabulous price of $15,000 for his seat, was dubbed "King of The Forty Thieves...
Said Dr. John Roach Straton, militant Baptist fundamentalist clergyman: "Religion is the foundation of the State and the only bond for decent and orderly society. Anything seeking to overthrow the church is a scoffing at the foundation of government itself. The action of Mr. Justice Mitchell is very wise and very just...
...editors of the New Republic are interested in remedying a situation admittedly evil, rather than, as we suspect, in merely talking about it, they will float their bond issues and subscribe their dollars for the exploitation of a professional, and not a college, football team...
...many millions of dollars have to be paid out by New York banks in cashing bond coupons due on that date, and also dividend checks issued on stocks. Very often this sudden though temporary demand for funds by New York banks, coupled with the need of sending funds west to move the crops, creates a temporary money shortage on and just before Oct. 1. So it turned out this year, and call money on the Stock Exchange-;-the most sensitive part of the American money market-rose to 6% quite suddenly...