Word: market
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Dates: during 1930-1939
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...Dohr [April 11] is going to take Mr. Brown [of Johns-Manville] to task because he sold $31 book value stock at $100 when the market was $150, he might ask Mr. Woodruff of the Coca-Cola Co. why his stock is selling at $117 when it has a book value of less than 87. Or he might look into the matter of Brooklyn-Manhattan Transit common which sells around $8 a share despite a book value...
...except for the cattle ranching States of Wyoming and Colorado, the mining areas of northern Arizona & New Mexico. Purely agricultural regions so far have felt the pinch very little. In Nebraska and Iowa trade was off a mere 1.8%. Farm prices have fallen somewhat, but with bumper crops to market farm income has held steady. In neighboring Kansas and Missouri trade was off about 8% because depression in Kansas City and St. Louis counterbalanced country buying. In Texas and lower Arizona and New Mexico, the stability provided by bumper 9? cotton crops is notably enhanced by the oil business, about...
...previously Pierces cost as much as $6,400), then trailers. Last summer, when the reorganization scheme was cooked up, the company was at a standstill, with no cars on the line, 25 employes in the factory, lots of red ink in the ledger. When the market crash last fall halted refinancing plans, the company took refuge in a 77 B reorganization to await reviving good times. When the market crashed again last week, Pierce's 444 creditors were agreed that there was no use waiting any longer...
...point of turning 80. resigned as president of Delaware & Hudson Co. Mr. Loree has a beard and a ferocious scowl. But despite his age and looks, he was always only on the fringes of the swashbuckling, end-of-the-century railroad men who ran railroads, the stock-market and a few States. He was a Harriman man, less of a giant than a tall man with aspirations...
Thereupon, at the bottom of the market, Mr. Loree used some of the cash to buy a clear 10% of New York Central stock. It was easily the largest New York Central holding. Railroad men spoke of the new Leonor Loree. But last week, six years after the purchase. New York Central stock was worth half what he paid for it, and Mr. Loree was weary of the game...