Word: investors
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Dates: during 1930-1939
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...dividend receivers, business managers, and so on are consumers, that a high wage rate may mean reduced volume of employment and thus reduce working class income as a whole, and that as far as our knowledge of business cycles goes consumer spending appears to be of less importance than investor spending. Similarly Professor Mason disposes of many loose notions on what constitutes unfair competition, and he also gives clear warning that the task of adjusting production to consumption and prices to costs is far from the simple matter it may appear to be to the business man who fails...
Last week John Speculator was not much encouraged: neither stocks nor commodities moved up. But John Investor had reason to feel better. The Federal Reserve reported net profits of 295 corporations at $162,000,000 for the third quarter compared to a net loss of nearly $25,000,000 a year earlier. How this change was translated into dollars for stockholders, was shown by the New York Times tabulation of dividend changes in November as compared to such changes in November...
...President's announcement of gold policy has renewed the investor's uneasiness at a time when it was believed the conversion policy of the treasury had constituted a reassurance to long-time capital. But it is too early to tell what corrective influences will be brought to bear to improve investor psychology. Certainly there are people inside the administration who feel that, unless capital owners see safety ahead, much of their money will join the billions that have gone abroad already to await there definition of American purposes and policies...
Last week the following was news: Nicholas Roberts, former head of the defunct bosdhouse of S. W. Straus & Co. ("44 Years Without a Loss to Any Investor") was unceremoniously arrested in Manhattan last August on a charge of grand larceny brought by two Straus bondholders, the Misses Anna & Katherine Kuhlmann (TIME, Sept. 11). Last week Nick Roberts, whose annual barn party for Yale footballers in Montclair, N. J. was a nationally famed event, was completely exonerated. After a short trial the judge ruled that there "was not a scintilla of evidence" to support the charges...
Nicholas Roberts, graduate of Yale's Sheffield Scientific School in the class of 1901, has done much for his alma mater. In 1918, risen to be vice president of famed S. W. Straus & Co., the bondhouse that advertised "44 Years Without a Loss to Any Investor," he rallied the spirits of Eli with a great party for the Yale football team, "win, lose or draw," in his barn at Montclair, N. J. Nick Roberts' barn party speedily became a famed annual event. To it was added an additional ceremony, the presentation of a bowl to distinguished alumni...