Word: yielded
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Dates: during 1940-1940
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...year's end, interest-paying New York Central 4½s sold at 58. That meant a yield of 8% to anyone willing to buy those bonds-a sky-high yield for 1940, even before taxes. Their price discounted every economic horror imaginable, including a peace depression which might put roads like the Central into receivership. If the war and defense lasted, the bonds were safe from everything but inflation. What they were worth depended on your view of the future. The price of Central 4½s was Business' prevision. Since Business no longer controlled the future...
Robert Joseph Boltz was born into the world with an asset beyond price-an old Germantown family name. Conservative, religious, ultra-scrupulous in business matters, Philadelphia's Germantown families yield nothing to Boston's Brahmins. Among them the highest recommendation is the simple phrase "He comes from a fine family." Robert Boltz...
What's all this talk that fills TIME and the press about President Roosevelt's great task to achieve national unity? Isn't it rather the other way around - that the losers must yield to permit that unity? Does TIME imply that unless the President now satisfies them, there will be, among Republican leaders and industrialists, open defiance to the authority of government...
...when measured by other than the banker's standards, the present charge on student loans is unjustifiable. It is calculated to yield profits--profits that swell the endowed loan funds, and also the revolving funds as far as losses through defaults are covered. Harvard does not milk its needy students to erect fancy laboratories and hire costly lecturers. But it holds its debtors responsible for building up its loan funds--a function that should be left exclusively to the donors of the future. At present, there is no shortage of loanable money; and considerable surplus margins are left over each...
Safe as to the letter of the law but thrown on its own resources as to its spirit, linage-minded A. & S. went to press asking for reader opinions, gave its own: "Since money spent for advertising flows through a maze of taxable channels ... it might well yield the Government larger revenue than if retained as part of a company's taxable profits...