Word: dows
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Dates: during 1930-1939
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...weeks later management passed into the hands of Harvey Dow Gibson, who with some friends bought working control from old Goldman Sachs Trading Corp. for $7,300,000. When President Gibson decided to inspect his new offices in Manufacturers Trust, he started from New York Trust Co., where he was executive committee chairman, walked briskly a few blocks, hesitated, finally had to ask a policeman to direct him to the bank he had just bought...
...Dow-Jones industrial stockmarket averages stood at 144, a net gain of 38% for the year; 2) weekly carloadings were running more than 10% ahead of December 1934; 3) steel mills as a whole were operating at 47½% of capacity as against 41% the year before; 4) the Federal Reserve index of industrial production (November) stood at 97% of the 1923-25 average: twelve months before the figure was 75%; 5) the Annalist index of wholesale commodity prices was 129.4, up 8% for the year; 6) the Labor Department's cost of living index stood...
...losses through graduation will be most keenly felt in the defense positions, where both Dick Dow and last year's captain Bill Watts will be sorely missed. Ready to fill their positions, however, are Thernton Brown and Jim Roberts, who made their letters last year, Russ Allen, freshman captain last year, and Sam Hicks of the yearlings...
When the stockmarket closed last week, 60 stocks had made new highs for 1935, while New York, New Haven & Hartford was sinking to a record low (see below). Dow-Jones averages on 30 industrials showed a week's rise of 4.38 points. Moody's Investors' Service reported that 70 industrial companies reporting nine-month 1935 earnings were 17% ahead of 1934. Many of the market favorites were selling at two or three times their lows of last March. Cheered by Chrysler and General Motors earnings, excited by the approach of the New York automobile show...
...suit last week was brought not by a bank but by one Frances Garfunkel, a stockholder in Manufacturers Trust Co. Miss Garfunkel hopes to enjoin the bank from paying some $375,000 in FDIC assessments. Pointing out that the suit involved no reflection on his management, President Harvey Dow Gibson declared: "Manufacturers Trust Co. is quite willing to have this question of legality authoritatively decided but meantime it will scrupulously comply with...