How To Make A Great Resume

As just indicated, the note brokers who handle the sale of the first class are entirely different from the stock and bond brokers and private banking firms that handle notes of the second class. Short-term notes for sale to the public may be legitimately issued for one of two purposes: either in anticipation of a later issue of long-term bonds or other securities, or in order to finance purchases or an improvement which is expected to produce so much new revenue that the note issue can be paid off at maturity out of the corporation's income. In order to facilitate the repayment, notes running for three to five years or longer are frequently issued in series; That is to say, an equal proportion of the note issue matures each year. They are in denominations ordinarily of $1,000, *See article on "Advertising as a Bankable Asset," by Edward Mott Woolley, in Printer's Ink, October 15, 1914. Although they are sometimes as low as $500 or even $100, and they frequently go up to $10,000 or even $100,000. Short-term notes have been a feature of practically every financial crisis since the Civil War with the exception of 1884. This has been due to the desire of established corporations to avoid refunding of long-term bond issues which fall due during a crisis. This is certainly legitimate enough within proper limitations. In recent years, however, the habit of putting out note issues has grown even among the conservative companies to such an extent that it is regarded as a real source of danger....