Word: firmly
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Many brokerage firms in Manhattan have gained the title of "wire houses" because of the extensive private telegraph lines which they lease to convey orders for securities to Manhattan. The 20 principal wire houses require about 300,000 miles of leased wires. A single large firm alone operates 40,000 miles of private-leased wires, connecting its main office in Manhattan with 12 branch offices and over 50 correspondent firms all over the country...
...Full of years and honors, rich in benevolence, and firm in the faith and hopes of Christianity, he died August 17th, 1785, Aetatis...
...Munson Line had offered $3,200,000 for the four ships. Moore & McCormack, another shipping firm, offered $4,101,100, whereupon the Munson Line bettered its bid to $4,104,000. Last week the Shipping Board called before it both bidders, directing them to make their 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...
...chiefly as follows: 1) The head tax was stricken off as "not worth bothering with." 2) Subject to individual modifications, the sums originally collectable over 14 years as taxes were now to be secured by a mortgage held by the Government on the property of the taxed individual or firm. This arrangement is, of course, the "capital levy" in all but name. 3) Instead of resorting to inflation in case of need, the Government would declare a moratorium on certain of its short term obligations, notably those which will fall due, on Dec. 8 next...
...Colonel Roosevelt's Rough Riders. Wrenn got the typhoid fever. Coming home, he bought a Stock Exchange Seat in 1900 for $50,500, the highest price then on record. For a while he was the Board Member for Day & Heaton; later, with his two brothers he formed the firm of Wrenn Bros., No. 39 Broadway, of which he was a special partner at the time of his death...