Word: aero
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Aviation insurance includes, besides personal accident and life risks, risks against planes, cargoes, airports, public liability, passengers, employes, fires, windstorms, thefts. The usual life or accident policy generally forbids flying. Four Manhattan underwriters predominate in the nation's aviation insurance business-Aero Underwriters Corp., United States Aviation Underwriters, Wm. H. McGee & Co., Associated Aviation Underwriters. The last is the most powerful. Formed last March it groups 13 fire and marine insurance companies and three casualty companies, whose aggregate assets were then...
...Hamilton Aero Manufacturing...
...have they much chance of becoming intelligently informed. Financial literature is usually written for financiers only. A corporate announcement concerning the issue of 20 million dollars in 4½% convertible debentures makes little sense to the simple soul who is merely looking for a good aero stock. Neither are the standard financial columns, vague in their statements, technical in their language, obscure in their significance, of much help to him. Thus the small investor is forced to select his stocks largely by the Blindfold Test...
...mark), on General Electric (may split 4 for 1), Baltimore & Ohio (earnings may be $15 a share this year), and on many another stock. There was also definite bear counsel on Public Service of New Jersey (priced too high), American Power & Light (why buy stocks at their high?), Wright Aero (headed for lower levels soon) and others, including general disapproval of coppers and oils...
...University of Detroit Aero Society sponsored the organization conference. It tried to get representatives from the three dozen U. S. universities that countenance flying. Men from only 15 schools could afford to attend. They listened to, among others, Assistant Secretary of the Navy for Aeronautics Edward Pearson Warner, Associate Editor Myron Weiss of TIME, President Grover C. Loening of Loening Aeronautical Engineering Corp. Assistant Secretary Warner promised the Intercollegiate Aeronautical Association the co-operation of the National Aeronautic Association. Associate Editor Weiss described TIME'S flying school* and suggested that some light plane manufacturers would gladly give planes...