Word: debts
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Dates: during 1930-1939
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...Cardinal, like other corporations, took advantage of low interest rates to do some refunding, got his early maturities at 2%, his latest at not more than 4%. The corporation's total debt is estimated at $30,000,000 on properties with an estimated value of $200,000,000. No one in Chicago has better credit than the Cardinal, and Halsey, Stuart almost immediately disposed of nearly the entire refunding issue...
...with clerical commitments in general, no Roman Catholic Church is consecrated while it has a mortgage still outstanding. During the debtor period, the church is merely blessed. The ceremony of blessing permits the holding of services but does not permanently dedicate the building to God. When the church is debt-free, it is then irrevocably consecrated...
Chrysler Corp, made $34,975,000 in 1935 as against $9,534,000 in 1934. The company took advantage of its good year to pay off the funded debt inherited from Dodge Bros., to spend $11,000,000 on plant improvement, to give employes a cash bonus of $2,300,000 (on present payrolls, about $40 a man). Chrysler sold 843,000 cars to dealers for $516,800,000; sold about one-fourth of all U. S. passenger cars, one-eighth of all U. S. trucks. Chrysler declared a $1 dividend for the first quarter of 1936, compared...
...Crete to Paris last year, and sent to exiled King George II in London an invitation to resume his Throne (TIME, Nov. 18). Dictator Kondylis, a great admirer of Dictator Mussolini, had counted on running Greece under George II in pro-Italian fashion. But exiled George II, deep in debt to British bankers, is also under heavy personal obligation to the British Royal Family. Therefore in Athens the restored King showed himself anti-Italian at once, soon forced out Dictator Kondylis, ordered a general election. The Field Marshal swore that if his parliamentary henchmen did not win a majority...
...property was some $200,000. The chairman of the Board of Governors of the Federal Reserve System says he is a capitalist and a conservative. Some time before the 1929 collapse Mr. Eccles perceived that all was not well with the U. S. economic system. Starting with the farm debt problem in Utah, this Republican banker-industrialist groped outward toward the larger questions of unemployment and insecurity as it developed in the early years of Depression, arriving independently at the same conclusions reached by the Brain Trust during the Roosevelt campaign. Few days before March 4, 1933, Mr. Eccles laid...