Word: broker
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...Broker to Burglar
Sirs: When the déebris of the market-break was cleared last December, I had $2,000 left of an original $7,000. I asked my broker to send me a check for the balance, which was subsequently deposited in the Manufacturers Trust...
...last week's charges, were the high proportion of the trading corporation's investments in securities without ready marketability, and the trading corporation's large holdings of stocks in which Prince & Whitely was actively interested. The question this situation raised was one of management. Many a broker suggested that investment trusts should be compelled to reveal their holdings from time to time so stockholders may know what is being done with their money. Bankers went further, said that hereafter brokerage houses should not be allowed to run investment trusts. Although a new management-which includes Matthew Chauncey...
Meanwhile, "broker's loans" were the lowest since Jan. 7, 1927, inventories were everywhere reported low, commodity prices rose slightly, a definite rise was reported in homebuilding, money continued cheapest since 1925 and total reported dividends paid by U. S. corporations were actually greater this year than last...
American Co., San Francisco holding com pany. About a year later, American Co. passed into the control of Goldman Sachs Trading Corp. which bought entire con trol of C. F. Childs & Co. for $3,187,000. Meanwhile, Bond-broker Childs formed Childs Securities Corp., began dealing again in government bonds. Last week it was rumored that Gold man Sachs Trading was offering to sell C. F. Childs & Co. for a comparatively small price. Then the clay after the Prince & Whitely failure the announcement was made that Mr. Childs had bought back the firm's name, that Goldman Sachs Trading...