Word: resoldered
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...form than any Grand National anyone could remember. The Hon. Dorothy Wyndham Paget, owner of Golden Miller, last year spent $200,000 for brood mares at the Newmarket sale. Two years before she had bought Golden Miller, who had brought only $500 as a yearling and had been resold four times since, for about $30,000. That her racing colors contain the same shade of blue as that of the foremost U. S. racing family, the Whitneys, is appropriate. Dorothy Paget's father. Lord Queenborough, met her mother, Pauline Whitney, when he had a ranch...
First serial rights for North and South America went to United Feature Syndicate Inc., whose Syrian-Sheik General Manager Monte Bourjaily outbid King Features, Bell Syndicate, NANA, NEA. United Features promptly resold The Life of Our Lord to enough U. S. newspapers to avoid, giving first publication to a magazine. Book rights went to Simon & Schuster. The Life of Our Lord will start to appear in about 300 U. S. newspapers on March 5, continue in 13 installments of a little more than 1,000 words each. Had he published The Life of Our Lord in 1849, Charles Dickens would...
Many stolen cars are not resold but stripped of their wheels, lights, batteries, bumpers, etc. The stripped car is then dumped in the street and the parts sold to dealers who specialize in repairing stripped cars. Chicago strongly suspects that some Chrysler dealers eke out their incomes by buying spare parts cheaper than they can be got from the factory, even suspects some dealers of being in direct cahoots with gangs...
...years ago when A. T. & T. wanted to enlarge the number of its stockholders to 400,000 (number of A. T. & T. stockholders is now 700,000), the Securities Co. took orders from small investors, bought A. T. & T. stock in the market to fill the orders and resold it in small lots, generally on the instalment plan. Reason for last week's sudden cessation of business was the new Federal Securities Act (TIME, June 12) which even great A. T. & T., equipped with the best legal advice and famed for publicity of its operations, viewed with fear. Bell...
...case of Standard Brands (see p. 58) when the wholesale price is $32 a share, and the opening market price is over $40 a share, there is a paper profit of $8 a share to begin with. Of the block of shares purchased part may be resold at cost (the wholesale or bargain price) to Morgan partners and to wealthy clients of the firm, who will pay cash in full and will not dump the shares on the market. But, unlike other firms, Morgan & Co. have never given an "inside" participation to anyone in any security which they have offered...