Word: premiums
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Dates: during 1930-1939
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...over the reappointment of R. Emmet O'Malley, State superintendent of insurance. All Missouri had wondered about a great insurance rate fight, which Mr. O'Malley settled in 1935. Insurance companies had jacked up their rates on fire and windstorms. Some $9,500,000 in increased premium collections were impounded by the courts when the policyholders protested. Mr. O'Malley's settlement returned 20% of the money to policyholders, 50% to the companies; the other 30% was to defray litigation costs. What the grand jury believed last week when it indicted Boss Pendergast...
...free riding." When the Treasury invites subscriptions for a new issue, anyone can write himself down for a block by depositing 10% of the purchase price on the line, the balance payable on delivery. Because the Treasury takes care to make new issues attractive, they invariably command a premium over the par purchase price, thus anyone can take a free ride on what amounts to 10% margin by selling his allotment before delivery. Author Porter figures that some $80,000,000 worth of free rides have been taken on the $15,000,000,000 in Treasury notations since...
...Smith graduated from high school and came to work in the Harvard Dining Halls at $500 a year. In 1937 the Pension Plan was started by the University and $12 was taken from the annual salaries of the two girls. The University added another $12 and the total annual premium of $24 was deposited in a Retirement Annuity for each girl with the Teachers' Insurance and Annuity Association. Last year they joined the A.F. of L. Dining Hall Employees Union, and, since both Jenny and Suzie face problems in connection with their Pensions, they have been agitating within the union...
...right to strike, but they had no license to commit acts of violence or to seize their employer's plant. ... To justify such conduct [as NLRB had justified it] because of the existence of a labor dispute or of an unfair labor practice would be to put a premium on resort to force instead of legal remedies and to subvert the principles of law and order which lie at the foundations of society. As [Fansteel's] unfair labor practices afforded no excuse for the seizure and holding of its buildings, [Fansteel] had its normal rights of redress. Those...
...largest U. S. shoe manufacturer. Last week a syndicate headed by Smith, Barney & Co. offered 150,000 shares of General Shoe preparatory to listing on the New York Stock Exchange; impressed by the company's record and prospects, investors promptly bid up the new shares to a small premium...