Word: investors
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Dates: during 1950-1959
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...Many Books? As of this week, the boys were mum about their financial backing, but one known angel is Investor Richard Ernst, a former Knopf employee (in the sales department) who is married to Department Store Heiress Susan Bloomingdale. As for father Knopf, 66, he had no comment on his son's exodus. A publisher who has often complained that the trade is turning out far too many books, Knopf Sr. only said: "There have always been new firms, and I guess this will be a good one," As for Pat, 41, he seemed...
Such a broad and bright market led many an investor to play the old stubby pencil game of "How much would I have now if . . ." If he had bought 100 shares of some stocks, even at the 1929 pre-crash highs, he would now have a pile. Examples, counting stock splits and dividends, but not counting cash dividends and rights, of how each share multiplied: Stock '29 High (One Share) Last Week Number of Shares Now $ Total Value
...investor could also have lost on some blue chips. For example...
...courage to invest regularly in blue chips all during the Depression and since could hardly have escaped making a fortune. Last week, to thousands of curious investors, Merrill Lynch, Pierce, Fenner & Smith proved this in a booth in Manhattan's Grand Central Station. There a whirring IBM Cardatype accounting machine figured what would have happened had an investor put an average $500 a year into a stock every year since 1929-about $15,500 in all. Had he bought Alcoa, his shares would be worth $115,850, and he would have pocketed $17,158 in cash dividends-a paper...
...have their usual urgency when Lemus comes to town. The planter-army oligarchy that runs El Salvador makes certain that no leftist ideologies nourish. Sound money policies and a balanced budget keep the currency stable at 2½ colons to the dollar. But Lemus will try to stir up investor interest, both governmental and private...