Archive for the 'Finance' Category

1929 Christmas Club Money

MORE CHRISTMAS-CLUB MONEY THAN EVER
“PEOPLE who depend on the Christmas â€” Club for their holiday spendings are not affected by the recent unpleasantness in Wall Street, for a recent press statement shows that this year’s payments are to be 10 per cent. greater than last year’s, and more than five times the amount in 1920. [...]

Overpaying Income Tax in 1925

DON’T OVERPAY YOUR INCOME TAX!
IT SEEMS strange that after all these years of income-tax paying, the Bureau of Internal Revenue should find it necessary to warn taxpayers making income returns not to pay more than they actually owe. But such is the case, observes Bradstreet’s, noting that the issuance of such a statement was found [...]

Insurance Coverage 1930

MORE BILLIONS FOR INSURANCE
SOME insurance readers of these columns were surprized some weeks ago to find a writer trying to impress his readers with the magnitude of the insurance business, and then citing figures which failed to show the full extent of that businessâ€”by a great deal. In fact, an insurance weekly, The Insurance Field [...]

Comparison of British and US Income Taxes 1930

A TALE OF TWO INCOME TAXES
THE heavy burden of the British tax-payer is a matter of general knowledge.
But it is interesting to find a careful comparison, between the income tax paid by the Britisher and that paid by the American of the same financial standing. Such a comparison is made by the British journalist, P. [...]

Thrift and Prosperity 1930

THE FIVE FAT YEARS
THE subject is thrift. It happens to be a favorite topic with columnist W.G. Sibley of the Chicago Journal of Commerce.
He advances the idea that in almost every normal man’s life there are five years in which it is easy to make money, and those five years, whether they come soon or [...]

Treasury Bonds and Certificates 1927

ANOTHER RUSH FOR TREASURY OFFERINGS
THE oversubscription of the twin Treasury offers for September seems significant to the press as another evidence of the plentifulness of investment funds and of the success of the Government in putting its indebtedness on a lover interest basis with consequent ultimate saving to the taxpayer. Two offerings were made, it [...]

Cheap Silver Lowers Wheat Price 1930

Why Cheap Silver Cheapens Wheat
TWO price phenomena that attract world-wide attention are the very low price of wheat and the world-wide decline in the value of silver.
This is a great deal more than a coincidence, one statistical observer is inclined to think.
The Cambridge Associates of Boston have prepared a chart, here reproduced, which shows that [...]

World War 1 War Debts 1925

EFFECT OF WAR-DEBT FUNDING ON FOREIGN BONDS
FRANCE, Belgium, and other European countries have recently been funding their floating war debts to the United States Government. It happens that these countries have also floated a number of government bond issues in the United States, and the bonds have been sold to American investors and are being [...]