Word: generaled
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Dates: during 1920-1929
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...reeled down to a closing figure of 186. All the blue chips of the late bull market were hammered and sliced-the better the stock, the bigger the break. On this day A. T. & T. fell 24 points; Columbia Carbon, 61; Consolidated Gas, 20; Electric Power & Light, 13; General Electric, 47; Eastman Kodak, 41; Otis Elevator, 60; New York Central, 22; Montgomery Ward, 15; U. S. Industrial Alcohol, 39; Standard Gas & Electric, 40, etc. etc. etc. ... In Rio de Janeiro the coffee market already frightened (TIME, Oct. 21), closed altogether. But in Chicago a bushel of wheat was worth...
That nearly every stock was at bargain prices by any modern economic standard was best shown by the fact that very soundest stocks were selling at ten times current earnings and many a stock such as that of the General Motors Corp. reached a point where it was only five or six times current earnings. And General Motors, according to the once unchallenged statement of John J. Raskob, should sell at 15 times earnings. Quite aside from their relation to earnings many stocks sold at a point where their actual yield in dividends was higher than the yield of bonds...
...Hard-swearing, wearing his hat at all times to be ready for emergency mill calls, Mr. Girdler in turn pleased the Joneses and the Laughlins. So well did he please them that when last year they heard outside interests, represented by Cleveland's Cyrus Stephen Eaton, were seeking General Manager Girdler, they made him president of Jones & Laughlin...
...Pittsburgh families than his employers, seemed definitely settled there. But last week he resigned from Tones & Laughlin to be "actively engaged in the development of plans affecting the iron and steel industry." It was evident that the Eaton interests had. won, especially when two days later R. J. Wysor, general manager and assistant to President Girdler, also resigned...
...Manhattan's Bishop William Thomas Manning, high-church authoritarian, fell out with Dean Howard Chandler Robbins, broad-church independent (TIME, Jan. 14). Said Dean Robbins: "There is a fundamental difference of opinion as to the rights of the dean." Dean Robbins resigned, became professor of pastoral theology at General Theological Seminary, Manhattan, principal training school of Episcopal deacons...