Word: lowering
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Dates: during 1930-1930
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Within three years some seven billion dollars worth of Liberty Loans at rates as high as 4½% will become callable. Secretary Mellon in his annual report hinted at a major long-term refinancing operation at lower interest rates when he asked Congress to amend the Liberty-Loan Act so as to authorize him to issue eight billions in new bonds...
Supreme Court. In an inconclusive decision in the Chicago telephone rate case which sent that seven-year-old controversy back to a lower Federal court for settlement, corporation lawyers thought they detected a significant inclination on the part of the High Court to widen the regulatory powers of State agencies over local utilities doing an interstate business...
...When National Casket Co. made its annual report, its president said that the deathrate is always lower during a period of depression (TIME, Sept 5). Last week Metropolitan Life Insurance Co. reported that for the first ten months of 1930 the deathrate among its 19,000,000 policy holders ran 8.3% below...
...that day the late Judge Elbert Henry Gary assumed an unusual position. Said he: "The mere fact that the demand is greater than the supply does not justify an increase in price, nor does the fact that the demand is less than the supply furnish an argument for lowering the price." For the rest of 1908 the composite price of finished steel remained virtually unchanged. In January 1909 it was 1.82? a pound. Prices for succeeding months were: 1.772?, 1.599?, 1.577?, 1.506?. Last week U. S. Steel Corp. again took a stand. A few weeks prior Carnegie Steel had announced...
...gets all the running-around that is good for him. A professional has called it "the most cruel" of all sports, but it is enjoyable and can be geared down to the capabilities of young and old. It provides more fun and exercise in less space at lower expense than any other game. The wonder is that it has been unappreciated so many years...