Word: rocke
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Dates: during 1930-1939
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Arkansas State Chamber of Commerce Little Rock...
...second classic example of banker-management was rehashed in the St. Louis-San Francisco bankruptcy hearing in Manhattan. Late in 1925 Frisco's Edward Norphlet Brown, alarmed over the "strategic" situation in his territory, proposed to his bankers that they purchase working control of Chicago, Rock Island & Pacific, whose 8,330 miles of line far exceeded Frisco's 5,859 miles. For James ("Jimmy") Speyer, the shrewd, dapper, little 73-year-old banker who, for all practical purposes, is Speyer & Co., that deal proved highly profitable. From commissions and the firm's own speculative commitments, Speyer...
...belief was definitely exploded when Coca-Cola common marched into a new all-time high of $200 a share and Canada Dry Ginger Ale sank to a two-year low of $8.75. Canada Dry's directors had cut the quarterly dividend from 25? to 10? a share. White Rock Mineral Springs Co. sold off to a three-year low the week before when its directors likewise sliced dividends...
Repeal has had markedly different effects on White Rock and Canada Dry. White Rock apparently suffered from the competition of cheaper carbonated waters. Canada Dry's main trouble, on the other hand, lay in the fact that with Repeal, it went into the liquor business. It bought an interest in a brewery, secured exclusive U. S. sales rights on Johnny Walker Scotch whiskey, Sandeman's wines and Cinzano vermouth. Finally it began marketing Canada Dry gin. The company now admits that these liquor ventures were not altogether successful. Net profit for 1934 of $439,500 was, according...
...Kansas soil is practically free of terrestrial rock, and stones from outer space are therefore more conspicuous than in naturally rocky terrains...