Word: transferability
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...Exchange seats. A Big Board seat sold for $120.000 against a low last May of $62,000. Curb memberships jumped from $16,500 to $28.500. "How late is the tape?" rang familiarly around board rooms. On the two biggest days the U. S. Treasury gained nearly $235,000 in transfer taxes. Total value.of all stock listed on the New York Stock Exchange was boosted $10,000,000,000.00. Entering this week, the rising market began to look like an oldtime balloon ascension, the public rushing in to cause a 5,500,000-share Monday...
...personal fortune were set forth last week in the August FORTUNE. "Mr. Hoover has been attacked without justice and defended without reason," said FORTUNE and presented "without comment, the ascertainable facts": Before 1900 Engineer Herbert Hoover had saved not more than $10,000. That year's transfer of Chinese coal mines to a London syndicate of which he was the agent profited him $150,000, started him out as a capitalist. A junior partnership in the London firm of Bewick, Moreing & Co., mine managers and promoters, gave him about $50,000 per year. In 1902 the dishonesty of another...
...last week. The Senate tabled and ignored a resolution by Oklahoma's Thomas Pryor Gore (Dem.) demanding whether "the European Powers which are indebted to the United States and which received, as a result of the War, an allotment of Germany's colonial possessions would prefer to transfer such territory ... to the United States in payment ... in lieu of ... cash...
...Article 2. The commercial, national and foreign banks shall transfer to the order of the State the deposits in foreign currencies which they have for account of the public and shall credit the latter with the sums equivalent to them at the exchange rate of June 3 [day before the Revolution...
...stimulating European competition. Because the U. S. has won five consecutive meets, European teams have been put to the disadvantages of competing away from home since 1927. This year it was doubtful if more than one or two foreign countries would send teams, when the U. S. agreed to transfer the meet abroad...