Word: investors
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...fattest in its history, he plunked out the first common dividend ($3) since 1931. As a result, the common stock has soared from its 1941 low of $4.25 to $72.75 last week. This week, 53-year-old President Johnston was just as confident about the Main Line as Investor Cobden had been in the Panic of 1857. "That the stock will go up again ... I have no doubt," wrote Cobden to a friend. "Nothing but an earthquake or some other convulsion of nature can impair the value ... of the richest soil of the world...
Like many another small investor, John J. Smith, a 38-year-old accountant, thought he had a winning stock. It was Sparks-Withington Co. (Sparton radio and TV sets), right in his own home town of Jackson, Mich. Three years ago Smith bought 500 shares at $5.50 a share, kept adding to his holdings until he had 2,200. Then he sat back and waited to cash in. But the stock went down. Though the company grossed $17 million in fiscal 1949, it netted only $25,709. The dividend: 10? a share. Smith got hopping mad, got hold of Theodore...
...president of the Honduran division of a Salt Lake City stock company called the "Pan American Mining and Development Co.," Colfelt announced that he had chartered a fleet of DC-3s to haul equipment upcountry, then began setting up drinks for all comers in the hotel bar. One suspicious investor flew down, took one horrified look at the show in Tegucigalpa and hastened back to his fellow suckers in Salt Lake City. Colfelt was last seen in a small boat, heading out into the Gulf of Mexico...
...shrewd businessman and wise investor. His father amassed a fortune in carpet manufacturing, which business Higgins took over. But he soon sold it and went on to build up his wealth through investments. His income was reputed to amount...
...thing. Canada's trade was brisk, her U.S. dollar reserves mounting to a record high. The Canadian dollar was obviously worth more than its quoted price of 90? U.S., and revaluation seemed certain. If it should be hiked to its old par value of 100 U.S. cents, an investor would stand to reap a quick 10% profit...