Word: hutzler
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...torrent of analytical advice that pours from Wall Street is hardly noted for its literary style, much less its wit. "We send a great deal of literature to our clients-most of it deadly dull," says Sidney Homer, 65, research partner of Salomon Bros. & Hutzler, one of the Street's largest bond dealers. Last week, however, Salomon Bros, was mailing its clients something different: a privately published book of Homer's needling sallies at the very serious world of bond investment...
...year's tight-money pinch. New private and public bond issues rose to a record $10.4 billion during the first half of 1967 as against $8.4 billion in the first months of the year before, in what Partner Sidney Homer of the Manhattan bond house of Salomon Brothers & Hutzler calls "an exceptional, almost hysterical stampede to the money market...
...year when so many people wanted to borrow so much money-more, in fact, than the stock and bond markets or banks seem likely to supply. "There will have to be more disappointments and cancellations," predicts Bond Analyst Sidney Homer, a partner in Manhattan's Salomon Brothers & Hutzler. "The $68.5 billion volume of proposed financing is impossibly large...
Some of the stock market's troubles stem from a worsening shortage of investment money. Salomon Bros. & Hutzler, a leading bond-trading house, predicted that commercial banks will have $3 billion less to put into long-term credit this year than last. With a swiftness that startled even investment men, the money shortage has driven interest rates on some new bond issues to 45-year peaks, prompting investors to sell stocks in order to buy bonds. Last week $40 million of Long Island Lighting Co. bonds went on sale with a 5.13% interest return, one of the highest yields...
...them against higher taxes should inventory costs begin to fall. Companies cannot switch back and forth; Government permission is needed to do so. Gambling on continued price rises, Macy's asked permission to use LIFO in 1942. The Government refused, but in 1947 allowed a Baltimore department store, Hutzler Brothers, to file under LIFO after the store won its case in federal tax court. Soon after, Macy's began paying taxes under LIFO, won the Government's O.K. in 1951. But in 1954 the Government ruled that Macy's had not been eligible to file under...