Word: rated
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Dates: during 1920-1929
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...common with most British fiscal authorities Viscount Rothermere blamed the present London Exchange break-which has undoubtedly depressed many sound shares below their real value-on "the Hatry crash and the increase in the Bank rate."* Throughout the week all Britain continued agog over the astounding collapse of the numerous corporations fathered by daring, astute, masterful Clarence Charles Hatry. He sat in jail. But so many great personages are involved (Exhibit A: the Marquis of Winchester, chairman of one of the companies in the Hatry group) that details of the liquidation were kept hushed with a success only possible among...
Later in the week stockholders of Boston Edison sourly wished their company had never decided to split up its stock. The Massachusetts Department of Public Utilities unexpectedly refused to grant the reduction in par value, publicly scolded the company for its rate charges, its dividend prices, and, most important to stockholders, for the price of its stock. While the Department was meeting the stock had tumbled from 375 to 360, then after the decision became known went to a low of 299, later rallied...
...think," concluded the ruling, "that the investor in the petitioner's stock has no assurance that the company will be able to increase its rate of dividends in the near future, or, in fact, will be able to maintain the increased rate of dividends recently voted. Thus in our judgment, the approval of the company's proposal at this time, would have little, if any, effect in causing a wider distribution of its stock among investors. Such as would occur would, in our opinion, be to the disadvantage of the investor...
...survey of the various companies offering cut-rate transportation facilities shows that there are approximately 350 men signed up to make the long trek, with prospects of many more before November...
...Eastman could say that, like the Rockefellers, he is spreading his philanthropies internationally. Two years ago, when after his African camera-hunting trip he visited London as guest of Baron Riddell and Sir Philip Sassoon, Prince of Wales's crony, he saw that the city needed a first-rate U. S.-type dental clinic, he donated $1,300,000 as a "mark of affection and admiration for the British people...