Word: investors
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Dates: during 1930-1939
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...Auburn stock touched 205 after a rise of over 100 points in six weeks) he said, "The last Auburn stock I bought was at 105. I am a large owner and have been for a long time. . . . My position has been and is only that of a darn longtime investor." (Last week Auburn sold around...
...should like to be told where he might expect to find his clients. What bank or investor of average intelligence would agree to buy a bond of the U. S. in such circumstances...
Because Sun is the world's biggest investor in common stocks, because Mr. Macaulay repeatedly states his belief that 1929 prices will return, much discussion, not all of it complimentary, has centred upon the company and its chief. But just as the heavenly sun has been impervious to arrows launched at it, Canada's Sun has sat serene with its $624,000,000 in assets, disregarded the yapping of critics...
...latter aspect, one item for comment will be the sale of $11,000,000 First & Refunding Mortgage bonds, not first mortgages at all as the term is commonly used in realty parlance, but part first and part second mortgages-as would have been apparent to an investor who understood balance sheets. Or perhaps a major attack may be made on a $2,500,000 issue of debentures secured by deposit of another block of bonds which at one time were rumored to have been withdrawn in part...
Straus Out. The proud and business-fetching boast of the big realty investment firm of S. W. Straus & Co. was "44 Years Without Loss to any Investor." But last year many a Straus-sponsored bond defaulted, huge losses piled upon Straus investors. Last week, charged with selling bonds on properties whose taxes were in default and first mortgages that were not first mortgages, the company was thrown into receivership. Special law applied was New York's Martin Act which defines fraud as "all deceitful practices contrary to the plain rules of common honesty." Said Justice Alfred V. Norton...