Word: bids
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Dates: during 1930-1939
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...wave propaganda broadcasts to South America by Germany and Italy that it has considered establishing a Federal radio station to compete with them. Not to be caught napping, U. S. private broadcasters, who fear a Government yardstick station as the devil fears holy water, two years ago began to bid with renewed wattage and State Department tutoring for the ears of the South American audience...
...Spalding & Bros, (recently recapitalized) listed its new no par first preferred stock on the New York Curb Exchange. Broker Edward Parry Sykes, 43, appointed specialist in the stock two days before, arrived late at work that morning. Maybe that contributed to his hard luck. There were no bids and no offers. So he made some quick calculations about what price to quote. Considering Spalding's balance sheet and the price of the old preferred, he decided to quote 30 bid, 33 offered (ten shares each...
Government Securities: To check the rise in Government securities in March, April, May, the U. S. Treasury had various Government trust funds sell $90,000,000 of their Governments, but investors with nothing better to do in the last two weeks bid Government securities up to new highs (over 114), thereby reducing interest rates to metaphysical fractions. So New York's great National City Bank complained for all U. S. banks (who now have 60% of their funds invested in Governments): "Treasury bills [are] selling at the virtually non-existent yield of 0.004%, and all maturities of Treasury notes...
Trying to make headway under present circumstances upset market custom. Resigned to heavy industry stagnation, bulls turned to consumer stocks. Last week they bid up Barren's index of retailing chain stocks to the highest level since the August 1937 bull market. Such perennial market favorites as Chrysler, U. S. Rubber and U. S. Steel were forced to share popularity with stocks which speculators seldom bother with: food stocks-Standard Brands, National Biscuit, Kroger Grocery -even such a market bush-leaguer as Safeway Stores (third in number of stores, second in sales volume among U. S. food chains). Meantime...
...there was a bright side of the picture, too. Jim Lightbody, shifted into the 880 in a desperate bid for points, scored a stunning 1:54.1 victory in the half. And Bill Shallow outdid himself with a tremendous 170 foot, one inch hammer heave to capture first place and set a new meet record. Dick Sears took fifth in the same event...