Word: par
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Dates: during 1930-1939
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...Chesapeake & Ohio general mortgage 4½'s of 1992, selling at 125; Consolidated Gas of Baltimore general mortgage 4½s of 1954, selling at 123; Bell Telephone of Pennsylvania first & refunding mortgage 5's of 1948 selling at 120. All these issues sold below par at some time during Depression. Atchison general 4's, a savings bank favorite, sold as low as 75. Yet today some of them yield less than 3%, none so much...
...best showing since 1927, which was the first full year of the company's life. What President Paepcke will discuss with his stockholders this week is a longer step forward for Container than his cordial postcard. He proposes to issue 200,000 shares of new $50 par preferred stock. More than one-half of this issue will be sold at once, the rest later. With the proceeds President Paepcke will enter a field new to his company. Container will build a big kraft mill in Fernandina, Fla. having an annual capacity of some 100,000 tons. From kraft...
...healthy, respectable female counterpart. Last week in Scotland a picked U. S. team of five oldtimers and 18-year-old Patricia Jane ("Patty") Berg eked out a 4½-to-4½ tie, retained the trophy, which has yet to leave the U. S. Real winner was par which, ably assisted by the weather, gave both teams a sound trouncing...
...American Provident Society in Manhattan. Stanford's President Ray Lyman Wilbur observed: "The gopher is, par excellence, a saving animal. He stores seeds and leaves in the ground. Perhaps we should consider the gopher and be wise...
...Banker McGregor's committee thought this fair enough. The Plan fell through, however, when stubborn preferred stockholders blocked approval. Still undaunted, Banker McGregor dug in again and waited. By this time, because of his insistent demands for 100? on the dollar, the dogged banker had earned the title "Par" McGregor. Last week it was apparent that the stockholders' mulishness had saved, ironically enough, every stitch of the bondseller's shirts...