Word: avco
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...Avco's Affairs...
...expected Aviation Corp. to show a profit for the first half of this year. The only question was, "how great will be the loss?" Last week appeared the answer: $3,236,317.95; loss for 1929 (Avco was organized March...
...Great Avco...
...potent Avco, all credit as a "very great aviation group" and to a staff writer a reprimand for omitting it. He had plane manufacturing units in mind, of which Avco, principally a transport group, has only two (Fairchild, Kreider-Reisners) whereas Curtiss-Wright has seven, United five, Detroit...
Financially the company is in such shape, after taking $1,443,822 loss last year and squeezing out a lot of stock water, that Standard Statistics said of Avco stock last week: Selling considerably under its current breakup value at around 8 and possess possibilities of the more speculative type for slow and gradual appreciation over an extended period. (The 1929 High was 20. 1929 low: 4 1/2. High this year...