Word: ratio
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Dates: during 1920-1929
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...observed that French specialities have a strong attraction for Americans. These so-called luxuries have apparently become necessities following the advance in the artistic taste of our people. The demand for the products of French skill and ingenuity has always been, and doubtless will always be, in direct ratio to the extent of American prosperity...
Last month appeared the 1928 financial statements of many a U. S. corporation, offering stock market students an opportunity to discuss the much-debated ratio between the earnings of a stock and its market quotations. In bygone days, when bulls were not so fat and bears were not so lean, conservatives estimated that a stock which earned $10 a share should be selling at $100, or ten times its earnings-per-share. In recent years this ratio has been considered extremely backward. Thus, in March, 1928, John Jacob Raskob announced that General Motors should rise to 15 times its earnings...
...should not be concluded, however, that even the 1928 bull market drove all stocks up to a 30X figure. Railroads, for example, were conservatively priced; so was many an industrial not blessed with pool backing. The following table shows 1928 earnings per share, 1928 high, and ratio of earnings to quotations for the following representative stocks...
...revert to a comparison of U. S. naval power with that of Great Britain, whose far-flung navies are by no means melting away, and of Japan, whose late-acquired modernity is no better exemplified than in its mighty war fleet. The Washington Conference of 1921 set the proper ratio of capital ship tonnage for Great Britain, the U. S. and Japan at 5-5-3. The Geneva Conference of 1927 was called to determine whether this ratio could be applied to smaller ships. No results were obtained. Since 1921 the U. S. has fallen behind the ratio; Japan, with...
...dates from that period. Important cities have no direct links; rural telephones scarcely exist. Around each densely settled community is spun a small network of telephones, having no relation to neighboring networks. In all Latin America, there is less than one telephone for each 100 inhabitants. The present U.S. ratio...