Word: firming
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Dates: during 1920-1929
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Bishop Cannon's first Kable & Co. venture was an investment of $2,500 in August 1927. His judgment in general was proved sound although at one time he owed the firm $91,000. His best day was April 10, 1928, when he sold $75,078 worth of stock, purchased $58,353. In more than 30 transactions, he was a loser only six times...
...buying securities "on the instalment plan," not gambling. Then he explained that during the last presidential campaign Senator Carter Glass (Va.) telegraphed to him: "For some unexplained reason affidavits have today been placed in my hands relating to alleged stock gambling on margin by you with the late bucketshop firm of Kable & Co. . . . Would you have me promptly deny for you participation in any such transaction? . . ." The Bishop, who said that he first properly "digested and appraised" this ''suggestive skilfully-worded telegram," answered: "Affidavits evidently sent you for purely political purposes to destroy or weaken effect...
...pound as compared to last week's National Metal Exchange (Manhattan) quotations of around 45?. The one million pound capital of British-American Corp. will be privately subscribed, subscribers including Sir Hugo Cunliffe-Owen, Director of Midland Bank (world's largest), Sir John Mullins, whose brokerage firm floats loans for the British Government and the Bank of England, John Howeson, Chairman of Anglo-Oriental Mining Corp., Señior Don Carlos Aramayo, Bolivian Minister to England* and head of Compagnie Aramayo de Mines en Bolivia, great Bolivian tin property. About 80% of British tin producers will be represented...
...Lowman said: ''We have been trying to get him for a long time. He has been suspected of participating in a bootleg ring that has brought large quantities of liquor into the country." The Count de Polignac is in charge of foreign agents for the French champagne firm Pommery & Greno of which the Marquis Melchior de Polignac, the Count's first cousin, is president. Often he travels in Canada, in South America, less often in the U. S. Last summer he was in Algiers. Arrested with the Count last week was one Philip Gowen who, according...
...little man with a swarthy moon-face, merry squinting eyes, black mustache and knobby goatee-a small Sultan in mufti. A native of Mount Vernon. N. Y., he is an alumnus of Yale, studied architecture at Columbia University and in Paris. He worked as a draughtsman with the famed firm of Carrere & Hastings. In 1914 he began practicing for himself, still executes an occasional design. He is a bachelor, an epicure...