Word: odd
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Dates: during 1930-1939
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...Fairmount, W. Va., a certain John Albericon visited his doctor. He then went to see the district president of the United Mine Workers of America, who referred him to pickets at one of the little "wagon mines" which supply the odd-lot coal trade in northern West Virginia. The pickets let the mine supply Mr. Albericon after reading this entry on a medical prescription blank (as noted last week by Scripps-Howard Reporter Fred W. Perkins...
...consecrated in St. Peter's Basilica. The bishop was Most Rev. Francis Joseph Spellman, whom the Pope had appointed Auxiliary to William Henry Cardinal O'Connell of Boston. This week Eugenio Pacelli, now Pope Pius XII, appointed Bishop Spellman to be Archbishop of the 1,000,000-odd Catholics of the see of New York, vacant since last September...
...favorite Wall Street notion is that traders in odd lots (less than 100 shares of stock) are always wrong-when they buy, the market goes down; when they sell, it goes up. Last week the first comprehensive survey of odd-lot trading-made by the Brookings Institution under the direction of Dr. Charles 0. Hardy-found that odd-lotters are generally smart enough to buy on declines and sell on advances, but not smart enough to wait for a marked decline or a substantial advance. By buying and selling too soon, they miss the boat on long-term price trends...
...Since 1920 the average odd-lotter on monthly balances has sold his stocks about 14% under the price he paid for them...
...three dealers* who do 97% of the New York Stock Exchange odd-lot business bought 140,000,000 odd-lot shares, sold 156,000,000. In 1938 they bought 49,000,000, sold 50,000,000-16.1% of the round-lot volume...