Word: buying
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Dates: during 1920-1929
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Senator Couzens, an original Ford incorporator, acquired his stock (2,180 shares) for some $40,000, prior to 1908, and sold it for some 30 millions in 1919. When Henry and Edsel Ford sought to buy him out in 1919, the Internal Revenue Bureau calculated that $9,489.34 per share was a fair price. Senator Couzens ultimately obtained $13,444 per share. He paid the U. S. a profits tax on the difference between the Revenue Bureau's fair price estimate and the price he received. That was in 1919 and the business seemed finished...
...marketing fund for them. Then, in years when the ten pig men raised more pigs than could be sold profitably in their home village, those who had surplus pigs could borrow from the fund to pay for transporting their pigs to distant markets, or to buy feed for pigs kept penned until the home village was ready to buy more pigs. In case the pig surplus was so great that the pig men's borrowings exhausted the loan fund, the pig men could always fall back again on the equalization fee plan. To ensure honesty, perhaps the philanthropist...
Commercial Opportunities. Keenest disappointment is felt by business firms in European capitals visited by King Amanullah that he let practically no important contracts, and made few large purchases, except to buy some furniture for his new palace, several airplanes, and a brace of automobiles. It is not true, as has been widely stated, that Their Majesties in purchasing clothes and personal effects, carried the goods away on credit and have not yet paid. It is true that they received numerous valuable presents from firms which hoped for further orders. Thus the German Lufthansa company presented to His Majesty a seven...
...very rich men are among the 1,100 Stock Exchange members. But they are not active traders. The work is too mechanical for them to dissipate their wits on. They consider floor brokers as only high grade machines, who merely buy and sell securities upon orders. The real thinking is done at their offices, in smoky "customers' rooms," over the cocktails of big speculators. Some day machines activated by perforated and notched discs may do the trading on stock exchanges...
...SHANNONS OF BROADWAY - A hoofer and his wife buy a hotel in the hinterland (TIME...