Word: markets
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Dates: during 1920-1929
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...stop. Politically it is a touchy problem, too. If the wet-voting city winemaker is prosecuted, for consistency's sake so must the Dry-voting country cider & wine men be prosecuted. The hair-splitting decision of the Court of Appeals last week, distinguishing between home-grown and market-bought beverage materials, may contain the basis of a solution...
...Inlets. Little progress has been made in efforts towards a national agreement to restrict production, an agreement which could end overnight any danger of oil drugging the market. Yet great hopes are held for the results of a California law which goes into effect in September. The law forbids oil production without proper efforts to conserve the natural gas which flows out with the oil. Enforcement of the law may reduce California's overproduction by some 250,000 barrels daily. California is at present yielding more oil than any other State. The result may be a reduction...
...disclosed, was left to be inferred from Bamberger's earnings of $2,915,375 in 1928. Last week R. H. Macy filed application with the New York Stock Exchange to list 146.385 additional shares of stock. Of this number 69,210 shares (worth at the present market nearly $15,000,000) were given in part payment to the stockholders of L. Bamberger. The remaining 77,175 shares were offered at $145 to Macy stockholders, netting $11,190,375 of which nearly all will be used to complete the purchase. The sale price was therefore...
...Still young (38 years), clean-shaven (Squibb's shaving cream), smiling through white teeth (Squibb's tooth paste), healthy (Squibb specifics and much horse backing at Fairfield, Conn., where he is a master-of-hounds and keeps an airplane), President Palmer's policy has been to market standard and recognized medicines under their own names and advertise the Squibb as a trade-mark of quality, rather than to purvey medicines of unpublished ingredients with fancy names and irresponsible claims of merit...
...they studied belated earnings reports for the first six months of 1929. Though many another stock was up to 20, 25 and even 30 times earnings, only three prominent motor stocks were selling at "15 times" or more. Many were below the ten times ratio even in the bull market of 1929. The following table shows recent prices of a number of representative automobile stocks and the price they would command at "15 times" according to first-six-months reports...