Word: options
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Dates: during 1920-1929
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...third onetime Russian is Frederick Brown, known now as a daring speculator. He not only buys to resell but generally has resold before he buys. His procedure is to take an option, find a buyer, complete the purchase, make the sale. He has been known to invest $100,000 in an option, find no purchaser, let option and $100,000 lapse, start philosophically on another deal...
...Crisco shortening, Procter & Gamble Co. is great Cincinnati industry, William Cooper Procter is great Cincinnati tycoon. Last week, however, Procter and Gamble showed a trace of Manhattan influence. To J. P. Morgan & Co. for $10,000,000 went 150,000 shares of P. & G. stock and an option on 100,000 more at $80. Assuming use of the option, the house of Morgan will have about 2% of the 12,250,000 P. & G. shares outstanding since the five-for-one split-up last month...
Thick and fast flew the questions at New London. Was Commissioner Wickersham demanding that all States give more material assistance to the U. S. on enforcement? Or did he hint at local option, with each State free to deal with Prohibition as local sentiment dictated? The words "modify" and "reasonably enforcible" caused Dry Governors to bristle with hostility...
...contracted to pay rent of almost $500,000 a year for 42 years. Its landlord will be unique Henry L. Doherty; its premises, the first five floors at No. 60 Wall Street (Cities Service Co. building, now being remodeled). Commercial National has signed a 21-year lease with an option for a 21-year renewal. During a prospective 42-year occupancy it will pay $20,000,000 in rent...
...group of natives from Niagara Falls, N. Y., approached Mr. Adams about organizing a power company. Three such projects had already failed; $800,000 had been thrown away. Mr. Adams said that if he could have a six-month option, he would see what could be done. He consulted mechanical engineers, notably Dr. Coleman Sellers of Philadelphia. He cabled to Inventor Edison, who was having a triumph in Paris: "Has power transmission reached such development that in your judgment scheme practicable...