Word: melon
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Wright, now producing 100 motors a month, also announced the second melon* of the U. S. aviation industry. It offered holders of five shares the right to buy one new share at $100. With Wright stock selling at $214 on one afternoon last week, each right was worth some $19. With 250,000 shares of Wright stock outstanding, the melon has a paper value of some $4,750,000. So stimulated, Wright stock jumped to $245, but closed the week at $202.50. On the day before Col. Lindbergh crossed the Atlantic, this stock could have been bought...
Blair & Co. of Manhattan Hayden, Stone & Co. of Manhattan Hemphill, Noyes & Co. of Manhattan Knight, Dysart & Gamble of St. Louis J. C. Willson & Co. of Louisville, Ky. Lend, Goodwin & Tucker, Inc., of San Francisco. -Curtiss cut the first melon several weeks...
...Toronto : "We need a Mussolini in Canada to wield a big stick over our big corporations! . . . The additional capital stock which the Bell Company seeks power to issue would never be utilized for extensions or added service to the public, but would be gobbled up in a huge melon split. . . . Outrageous...
...York, the effect of the Courtaulds melon was less extravagant. On the Curb Exchange, Courtaulds rose from 38½ to 42½; the next day was a U. S. holiday so that Manhattan brokers could sit and watch the play that was going on in Throgmorton Street. They whispered their applause over whiskey and soda; then, on the next morning, they took their profits from the rise...
Ashore once more, all was well with President Coolidge. He rode around the streets of Key West in an automobile, climbed into the Coolidge Special, slumbered deeply up the Keys and through Florida to Jacksonville, where he got up and called for a breakfast beginning with Spanish melon. Governor John W. Martin of Florida was at the Jacksonville station, (with Mayor John T. Alsop and many a big fruitgrower. The President shook their hands, looked around, re-entrained for Washington. The Coolidge Special's cinema that evening was Uncle Tom's Cabin...