Word: optionally
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Colonel Deeds's new hand is a reward for past & future services. He will be given an option on 50,000 shares of stock which N. C. R. bought -in the open market. At any time within five years he may take it at the average cost to the company-$9.80 a share. On the $489,870 which N. C. R. has tied up Colonel Deeds will pay 4%. If he can bring N. C. R.'s profits back to their oldtime levels (in 1928 and 1929 they were better than $7 per share of Class...
...receivership and reorganization of the Nickel Plate occurs it is likely that the only way common stockholders can retain control is through an assessment. Last February control of the Nickel Plate was shifted under option from Alleghany Corp., loaded down with bank loans, to Chesapeake & Ohio Railway, which at the end of last year had $11,000,000 in cash and cash deposits. Despite the Nickel Plate's situation, its common shares sold last week at $5, indicating most people thought the stock would not be wiped out, that the "Vans" could patch up their pyramid. And announcement of their...
...rooms are generally available at $150, four at $125. A five-room duplex in the smart Gracie Square section was offered at $166. In most cases the landlords have been unwilling to accept more than a one-year lease at low prices, feeling an upturn is certain. Usually an option at a higher price is given for the second year. But unlike landlords in other cities, Manhattan owners thus far have insisted on leases, have made few month-to-month arrangements. Because the average apartment house in the city is not much better than 85% rented, many a renter planned...
...Said he: "I am a strong believer in the rule of the majority but I am opposed to the return of the saloon and the repeal of the 18th Amendment." Wet Republican editors tush-tushed the vice-presidential nominee for failing to stand by President Hoover's State option formula. Gleefully exclaimed Democratic Chairman Farley: "It looks as if the Republican ticket had a half-dry head and a dried-out tail...
...Cali fornia. Mr. Sinclair's company recently bid $18,000,000 for Richfield; last week the offer was boosted to $22,250,000 in cash & securities. Richfield's three committees of bondholders indicated that they approved of the offer but wanted a 45-day option. During this time it is expected that Cities Service may also make a bid in order to protect itself. Cities Service holds much Richfield common and preferred which would probably have no value if the Richfield bondholders accepted Mr. Sinclair's bid. Shell Union was also reported preparing a bid and Standard...