Word: investors
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Dates: during 1930-1939
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Stocks. "I do not know whether we shall see lower prices in the stock market or not. . . . There are many securities, both stocks and bonds, which are now selling for less than they will be worth in normal times and at prices which should prove attractive to the investor...
...Manhattan for $68, a decline in value of 25% in less than six months. Officially this issue is known as "The German Government International 5½% Thirty-Five Year Gold Bonds of 1930." Bought at last week's price they will return 8% on his money to the investor for the next 35 years-if the Young Plan remains sound and Germany continues to pay. But such a price as $68 is proof enough that confidence in the Young Plan has waned some 25%, reason enough to explain the alleged presence of Tycoon Young in Paris last week "incognito...
...president he had invested $7,000,000, one-quarter of the college's endowment fund, in public utility bonds, while as Secretary of the Interior he acts as chairman of the Federal Power Commission to supervise the finances of the same companies in which Stanford is an investor...
Impossible would be the task of an investor who tries to follow all he is told. Of conflicting opinions, no better example has occurred than that which flared from the financial page of the New York Journal one day last week...
...first glance, the casket business would seem depression-proof. Yet a shrewd investor would realize that since the price range of caskets swings from less than $100 to many thousands, bad years will result in smaller gross sales, smaller profits. When last week National Casket Co. reported profits of $925,000 for the year ended June 30 against $1,518,000 in the previous year, President Philip B. Heinz commented on this fact. But he also suggested an economic relationship which would occur only to the hypersuspicious investor. "Nature would also seem to play some part in it," said...