Word: selling
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Dates: during 1920-1929
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...aviation industry's first stockjobbing scandal broke open last week. Whenever public imagination fixes on an industry, as on Oil a decade ago and Gold before that, crooks easily sell stock of little or no value to everready gulls...
...respectively of Airvia and financed their Rome flight for the use of their names. They were each to get $300 a month, 1,000 shares of Airvia before the flight, 4,000 more shares after the flight. To protect the values of their stock they stipulated that Promoter Montgomery sell no Airvia stock publicly for two years. While they were in Europe, Promoter Montgomery began to reave out stock at $8 to $12 a share. For that reason, Messrs. Williams and Yancey say, they resigned from Airvia...
...only scandal in which Austin Howard Montgomery and his Hadley & Co. were currently involved. They got Clarence Chamberlin, another trans-Atlantic flyer, to be president of Crescent Aircraft Corp., organized last year to manufacture commercial airplanes. They paid $4 for Crescent stock, tried to sell it for $12 to $16 a share with the intimation that Crescent planes had been ordered for passenger service between New York and Newfoundland, Bermuda and London. Clarence Chamberlin, a gull for no long time,* was vexed. He asked and received a temporary injunction against Hadley & Co. selling Crescent stock. Chamberlin also had newspapers print...
Today the ordinary country filling station may sell $300 or $400 of tires in a year, but at least one tire company-Firestone-foresees that in the future many if not most tires will be sold by chain tire stores, each part of a master service station in whose several departments specialized brake service, washing and greasing, battery service, will be combined with a filling station and a store for selling electrical equipment...
...Drummond Hay, fastidious Hearst voyageuse; Robert Hartman, Hearst photographer; the U. S. Navy's Lieut.-Commander Charles E. Rosendahl, Hearst guest. Their duties were to report the popular and scientific details exclusively for Hearst and associated newspapers. Other passengers and the crew were forbidden to say a word or sell a picture until the Hearst group permitted them to do so. For exclusive news rights, Publisher Hearst paid a secret sum (approximately $200,000). Correspondent Von Wiegand had conceived the flight, arranged details of its stopovers at Tokyo and Los Angeles. He, Sir Hubert and Lady Drummond Hay were...