Word: buts
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Dates: during 1930-1939
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Its beauty is that if one glove is lost, a neuter single can be bought for mating because any glove can be worn on either hand. Die cut, it requires less labor to manufacture than an ordinary glove, but uses up 100% more goods. Priced cheaply, it might find a...
In 1902 a portly, potbellied, black-mustachioed Philadelphia lawyer named John Graver Johnson (tops among U. S. corporation lawyers and trust protectors of his time) drew up a noteworthy document. It was an iron-clad lease by which Philadelphia Rapid Transit Co. promised to pay 49 small traction companies $7...
To the shade of John Graver Johnson and to the 49 underliers the decision was a blow. As late as 1928 the city was on the point of condemning their property for a handsome $149,000,000. But last week the 25,000 underlier stockholders got $31,973,597 worth...
> North American Aviation announced record earnings of $1.47 a share, up $1.17 from 1938; a little later it got a $20,000,000 British order that virtually doubled its backlog. But North American shares marked time between 26¼-27¾.
The ancient saying, sell when the good news is out, might account for these typical examples of recent stockmarket behavior. But certainly the stockmarket which bounded ahead enthusiastically when war commenced, last week showed a phenomenal indifference, if not distaste, for good news.