Word: borrowers
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Dates: during 1930-1939
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...Deal of the week : formation of Imperator-Radio Pictures, Ltd., by RKO Radio Pictures in the U. S. and British Film Producer Herbert Wilcox (Sixty Glorious Years, Victoria the Great). Objects: to enable Producer Wilcox to get his pictures distributed in the U. S., enable RKO Radio to borrow his actors and actresses and meet British quota requirements...
...Frank Donald Coster (according to Who's Who) got his M. D. from Heidelberg. That year and the next United States Hair Co. borrowed nearly $1,000,000 on invoices signed by branch offices in London, Paris, Naples; lenders were the Bank of the Manhattan Co., the Anglo-South American Trust Co., and J. & W. Seligman & Co., some 20 others. But when Philip Musica tried to borrow $370,000 on a bill of lading for $250 worth of hair, the company fell apart. There were no legitimate offices abroad. There was mighty little hair. There was a sudden shortage...
...worked for Bond & Goodwin, Inc., New York investment house. Mr. Thompson looked over Girard & Co.'s books and found them showing such good profit that he did not bother to investigate Mr. Coster personally before arranging additional bank credit for Girard & Co. Next year he helped Coster borrow from Connecticut bankers $1,000,000 with which Coster bought the 105-year-old drug firm of McKesson & Robbins...
...thought it was a good sign that there were 560,000,000 more francs in French savings banks during November 1938, than November 1937. In 1936 the Government had to borrow 30,000,000,000 francs to meet its deficit, in 1937, 40,000,000,000. This year M. Reynaud said he would get by with only a 35,000,000,000 franc loan. The Finance Minister summed up optimistically. "We are entering upon an era of rehabilitation of the public finances...
...down . . . and carve up a turkey instead of carve up a map." Correspondents noted that his tongue and temper, raspy when he left Washington, were improved. When he took occasion to tell "his other State" (Georgia) that it really must amend its laws so as to permit it to borrow funds from PWA like the rest of the States, he did so without being sharp or sarcastic...