Word: market
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Dates: during 1930-1939
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...practice of offering tenants of Pacific States Savings & Loan Co. properties as much as 20% reductions in their rents if they paid them through Pacific States Auxiliary Corp., another wholly-owned subsidiary of State Guaranty Corp. P. S. Auxiliary meanwhile bought P. S. Savings & Loan certificates in the open market at about 55? on the dollar, turned them over to P. S. Savings & Loan in lieu of the rent due. If carried through, this smart practice could have enabled Odell to buy in all the certificates, leaving himself owner of all the company's real estate (now valued...
...short was kept open until the price permitted it also to be closed out at a profit. Since the ever-normal-granary program was expected to stabilize wheat prices in a narrow range, the scheme visualized a steady realization of profits Apparently working all right until the wheat market broke a solid 30 points in 1938 the scheme, like Secretary Wallace's, proved something less than infallible...
...manslaughter, he was transferred to Oklahoma City to edit the Oklahoma News. But the shock of the killing had dimmed some of Crusader Magee's fire, and after the death of old E. W., the Scripps beacon no longer shone so brightly. Editor Magee quit in 1933 to market a parking meter he had invented...
...profitable business in selling City Hall, Brooklyn Bridge, Central Park to innocent strangers. Last September in Harlem, an innocent and querulous Negro Methodist named Rev. Davis Frazer, preaching in a shop for which his congregation was growing too large, let it be known that he was in the market for a church. Two strangers approached him, told him they were agents for a bank which had a fine, large church for sale, price $96,000, on the installment plan. Parson Frazer paid $22.50 down, was told that it would be a few weeks before the congregation using the church would...
Ford, General Motors and Chrysler today control 90% of the U. S. car market. Studebaker, Packard, Nash, Hudson and the few other remaining independents survive on 9% of the dwindling medium-price field. Since Studebaker emerged from 776 in 1935, Messrs. Hoffman and Vance, now president and chairman respectively, have been pondering this squeeze (on sales of 52,000 medium-priced cars in 1938 they lost $1,700,000). They decided the public would not buy any car smaller or less powerful than Ford, Chevrolet or Plymouth (vide the Austin and Willys). They knew they could not compete with...