Word: markets
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Dates: during 1920-1929
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...shares outstanding are listed on the New York Curb, sell around $540 compared to the 1929 high of 631, low of 530. While this is comparatively high (20 times earnings) for a closely held company with a thin market, Singer shareholders have learned not to sell, for melons have always been generous. This year cash extras of $12.50 have been given in addition to the regular annual...
...statement Sir Douglas expressed concern over continued competition in foreign companies; over unsettled conditions in the potentially great Chinese market; over the inaccessibility of Russia where the Soviet government holds $84,000,000 of Singer assets. Then Sir Douglas told of the counteractive efforts of his sales agencies in opening up new territory even in remote Belgian Congo; in introducing machines to 338,000 pupils in 12,000 European school classes. He announced growth of electrical machine sales which are now half of all sales and which he predicts will eventually be the only kind. Then he mentioned machines capable...
Brown Derby Bricks. A house built of bricks without mortar would fall down unless all the bricks had grooves grooving into each other. Of a patented grooved brick and a $100,000,000 concern to market it there was much talk in London last week, the talk emanating from William F. Kenny, who made a fortune out of contracting, is director of Chrysler Corp., became famed last year as Brown Derby's Best Friend. Grooved bricks, said Tycoon Kenny, will reduce building costs by 20% besides successfully resisting Wind & Storm...
...chief center of attack on the new tariff is in the international complications arising from it. With Europe in debt to the United States to the extent of many billion dollars it would not seem to require Economics A in order to realize the need of an American market for European goods. Whatever other intelligent way is there to move such huge sums across the Atlantic? Certainly to continue to drain Europe of gold is a policy that more resembles the activity of a Cortez than of a government which boasts of its sound good business policy...
...Detroit Stock Exchange one day last week Bank of Detroit opened 120 points higher than it had closed the night before. Union-Commerce Corp. varied 39 points during the day's trading. Other banks' stocks danced, jumped, oscillated. Half an hour after the market closed, the reason for these gyrations became evident. Officials of Guardian Detroit Group and Union-Commerce Corp.?two of Detroit's biggest banks ? announced their merger. Furthermore, the merged bank planned soon to acquire Bank of Detroit and eight smaller institutions in and around the city. With capital assets of $75,000,000, deposits...