Word: generalized
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Dates: during 1920-1929
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...perhaps the "new" traders are not particularly familiar with Stockbroker Ungerleider. Yet a potent brokerage establishment is Samuel Ungerleider & Co., with its home office at No. 50 Broadway and branches throughout the Middle West. And when, last week, "Ohio Sam" an nounced the formation of Ungerleider Financial Corp., a general investment trust, the potent names of William Fox, head of Fox Films, David Bernstein, treasurer of Loew's, Inc. (Fox subsidiary), William Crapo Durant, motor-and market-man, and Louis S. Posner, of Jonas & Neuburger, attorneys,* were among those associated in the enterprise...
...that to divert "the enormous masses of capital today invested in stock market loans'' into "commercial business" would "produce a huge rise in commodity prices, inflation of inventories, and an artificial business boom . . . which could only end in a colossal smash." In other words, if business in general had the money now in brokers' loans, it would swell up and burst. There is more capital extant "than the country knows what to do with." The safe place for this capital is in the Stock Market, pictured as a kind of financial safety valve in which surplus funds...
...Broun. The investor is, of course, Mr. Broun himself. Managing a column which is about equally divided between the controversial and the autobiographical, Mr. Broun, in one of his revelatory moments, mentioned the nature and extent of his corporate holdings. Purposely naive (as when he remarked that should his General Realty stock prove him to be his own landlord he would certainly do something about a defective window) Mr. Broun's commitments indicated no lamb, no innocent...
...General Realty. Concerning an unspecified number of shares in General Realty, Mr. Broun claimed that he is "wholly in the dark," having purchased common stock on a tip from a friend whose advice was based on the preferred. Mr. Broun was, therefore, unaware that the full name of his company is General Realty & Utilities Corp., that it is a holding company for real estate and for public utility stocks. Thus far (it was incorporated in January, 1929), General Realty has functioned chiefly in the realty field, holds 100,000 shares of Thompson-Starrett Co., and has as yet engaged...
...brethren and sistren" issue also confronts the general assembly of Presbyterians, which meets in St. Paul this month (TIME, March...