Word: curbed
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Dates: during 1930-1939
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Last week Yukon Gold declared a common stock dividend for the first time in 18 years. Reason behind this sudden change in policy was the new Federal Tax on undistributed profits. Though it is listed on the New York Curb Exchange, only a minor part of Yukon Gold is owned by the public. More than 80% of its shares belong to Pacific Tin Corp., a basket which the Brothers Guggenheim wove in 1928 to hold some of their mining properties. At that time, Pacific Tin took over a debt of some $7,000,000 from Yukon Gold and most...
...Commission as "national securities exchanges." The rest, largely local in character, enjoy temporary exemption pending SEC investigation. Even among registered markets only two are really national institutions-the New York Stock Exchange, which accounts for about 86% of the total dollar volume of market trading, and the New York Curb Exchange, which accounts for 9%. The remaining 5% of the business done on registered exchanges is shared by 19 little stockmarkets throughout the land. The presidents of these little exchanges are just as concerned about their problems as the New York Stock Exchange's Charles Richard...
Next to the Big Board and the Curb the leading U. S. stockmarket is the Boston Stock Exchange, a large part of whose volume is made up of trading in standard stocks with a State Street flavor. The Chicago Stock Exchange ranks fourth, the San Francisco Stock Exchange fifth. Smallest registered market is the New York Real Estate Securities Exchange, where, during the depth of Depression, days would pass without a single sale. Typical little stockmarkets are the following...
...pace of a Freshman crossing Washington Street last Friday evening was greatly accelerated by the blast of an automobile horn. Engrossed in contemplation of Jubilees, he did not check his speed upon reaching the opposite curb until he had passed through a plate glass show window...
...alas! it was no gentleman driving the Ford. On the contrary, it was a blue-uniformed, silver-buckled servant of Massachusetts, a man with positively no sense of chivalry. He was not interested in an honorable victory but insisted upon a humiliating defeat, and ordered the Chevrolet to the curb...