BANKING TERMS – III: Accrued Interest – “With interest,” “and interest,” etc., the purchaser pays the price quoted plus interest accrued since the last interest date. Bonds are commonly sold “and interest” on the New York Stock Exchange.
Tired very tired again. I would not have learned anything in school this evening. I’m glad you “phoned,” John, that you might work tonight or I would have worried about you waiting for me and I not being there. Perhaps you would have felt as I did last night when you were not at school to meet me.
BANKING TERMS – III: Accrued Interest – “With interest,” “and interest,” etc., the purchaser pays the price quoted plus interest accrued since the last interest date. Bonds are commonly sold “and interest” on the New York Stock Exchange.
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ContextThis is the journal of Virginia Lee Scott, my grandmother, written when she was seventeen and first dating my grandfather, John Arnold Wilson. It's a dairy published by Media Drug Stores and includes space for two entries per day, with facts about the era printed at the bottom, which I have included in italics. Following, 1928, is the journal of John Arnold Wilson, my grandfather, at age nineteen and in love with my grandmother, followed by my grandmother's journal in 1931. Archives
April 2018
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