Word: market
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Dates: during 1930-1939
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...many of his contemporaries in early 19th Century Philadelphia, Stephen Girard was an old codger in an unfashionable full-skirted coat and pigtail who frequently jostled his way to High Street Market to sell baskets of eggs and vegetables from his farm in Passyunk Township, three miles southwest of the city. Solid burghers, however, recognized him as the man who paid one-tenth of Philadelphia's real estate taxes, who had in 1814 subscribed to 95% of the U. S. Government's unpopular $5,000,000 war loan. Clergymen were painfully aware that he read the French rationalists...
Into the Federal District Court in Cleveland last week marched SEC attorneys, charging Otis & Co., among other things, with having rigged the market in the stock of Murray Ohio Manufacturing Co. For Cyrus Eaton's Cleveland banking firm, which is trying with some success to stage a comeback from its Depression deflation, the SEC suit was vastly annoying. If SEC succeeds in building up a case against the firm, it will be on technicalities, since Otis customers have made money in Murray stock. Most of the stock was bought from large Murray shareholders, distributed to Otis customers at from...
...number of U. S. corporations which can borrow $75,000,000 at one crack is relatively small, and their names are usually familiar to the average U. S. citizen. No surprise was the fact that Pacific Gas & Electric stepped into the capital market last week for $90,000,000 of refunding money. But when a banking group headed by First Boston Corp. and Mellon Securities Co., Inc. floated a $75,000,000 bond issue for Eastern Gas & Fuel Associates last week, many an investor had to plough through an 85-page prospectus to find out what the company...
...when Adman Ward left the company to do independent advertising work, Sapolio's decline had definitely begun. As powdered scouring soaps entered the market, Sapolio sales dropped steadily, amounting in 1932 to only $300,000, less than the oldtime advertising budget alone. Morgan's experimented with a powder in 1913, in 1915, and again in 1930, but Spotless Town had lost its appeal. But not until this year did the company develop a new and improved powder for which it was willing to try another Sapolio revival...
...offering of National's stock by the banking house would be better for National's creditors, who will be permitted to buy the remaining 30,000 shares. C. I. T. would have locked up the stock in its safe. With 70,000 shares distributed among investors, a market-with consequent possibilities for future profits-would then exist for the stockholding creditors...