Word: dividend
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Dates: during 1930-1939
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...Curtiss-Wright, published its report for 1929. Its earnings had tumbled into an airpocket as great as the one which engulfed all aviation securities, for instead of the $5,000,000 that had once been hoped for, the report again showed a measly $900,000. Last month the Wright dividend had to be passed...
...hours), started a rise that culminated (February, 1916) in his election to his present job. Under him, Bethlehem boomed through the War. Followed the depression of 1921?Bethlehem has never been depression-proof?and a remarkable period of rebuilding that ended last spring with the first dividend in five years. Last week Mr. Grace journeyed to Cleveland to try to keep his company second biggest among U. S. steelmakers...
...economic theory: "A consolidation of bankrupt companies with dry wells would produce a solvent company with flowing wells." He bought up some 300 dry oil wells, claimed a capitalization of $380,000,000, sold stock by mail. Excerpts from the Cook sales letters: "We say it with cash dividend checks, not with flowers." "Oldfashioned hell is too good for the fake oil promoter, the most contemptible human rodent that ever breathed God's pure air." "We have the greatest oil pool in Texas." Ignorant "investors" lost $4,000,000 in the scheme. Where Dr. Cook claimed to have...
...separate report, New York Telephone Co. said that if a raise in rates is not granted, the common dividend will not be earned in 1930. Reason: decreased business activity; increased expenses...
...bullish item last week was an extra dividend by National Lead Co., together with profits of $10,000,000 against $6,000,000 in 1928. But in the statement of Lead's president, Edward Joel Cornish, were bearish notes. Sales of babbitt metal, of which this company is the largest manufacturer, dropped 35% in December and 45% in January, compared to a year ago. Since babbitt metal's chief use is in factory wheels, it is evident that the wheels have slowed...