Word: investors
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Dates: during 1920-1929
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Essential to Mr. Eaton is the assistance of able steel men for Mr. Eaton knows little of steel and, like a chemist's catalyst by his mere presence hastens reactions in which he has otherwise no part. "I am,'' he himself has said, "only an investor." Born in Pugwash, Nova Scotia, he graduated from McMasters University, Toronto, and, in 1906 arrived in Cleveland with the Baptist ministry as his chosen career. Before ordination, however, he became interested in public utilities, left the ministry in favor of Cleveland street railways. Next he went to Iowa, bought up options...
Generally suspected to be a heavy loser was the Vatican, known to be an investor in U. S. securities. First Vatican sales were said to have been made early in the break, the rest at sacrifice prices. Plans for the establishment of a Papal bank were temporarily abandoned...
Undaunted by pooling bankers, the big and now successful Bears made Monday, Oct. 28, a day of fresh disaster. Over the weekend many an investor had fully realized the necessity for an immediate exit from the market. Thus the session, opening with an accumulation of selling orders, both amateur and professional, was hopeless from the start. By noon more than 3,500,000 shares had been sold in what was obviously a panic-situation. Again bankers met, but issued no statement, hardly retarded the decline. Again Broker Whitney haunted Post No. 2, but at this time U. S. Steel broke...
...think," concluded the ruling, "that the investor in the petitioner's stock has no assurance that the company will be able to increase its rate of dividends in the near future, or, in fact, will be able to maintain the increased rate of dividends recently voted. Thus in our judgment, the approval of the company's proposal at this time, would have little, if any, effect in causing a wider distribution of its stock among investors. Such as would occur would, in our opinion, be to the disadvantage of the investor...
...many a U. S. investor this was vital news because in 1927 Dillon, Read & Co. painted out that the Deutsche Bank is closely connected with most of the leading German industrial and commercial enterprises. Not only did Dillon, Read sell $25,000,000 Deutsche Bank notes to U. S. investors, but some of the stock of this and of the Disconto has been bought with U. S. money...