Word: shared
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Dates: during 1920-1929
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...advancing public education, in a comprehensive grappling with grade-crossing evils, in the protection of the power resources of the state from selfish exploitation. The so-called economic questions of the future are only in part economic. Largely they involve a redistribution of responsibility and power; a more effective share by labor and agriculture in the nation's councils. The emphasis of Mr. Hoover's whole thought is the assumption that increasing industrial efficiency and the mass production of things automatically make for well-being and promote the spiritual quality of life. If Mr. Hoover realizes the moral Issues which...
...Tuesday the good news came. From Chicago, President George B. Everitt† wrote stockholders. Interesting was the promise that Jan. 1 would see 200 chain stores in operation. But transcend ent for traders was the common stock increase from 1,285,000 to 6,000,000 shares, giving stockholders the right to buy two new shares, at $17.50 each, for every share now held...
Goodyear Melon. After a near-decade of financial trouble, reorganization and management strife Goodyear Tire & Rubber Co. last week announced a stock melon. To stockholders it will sell a new common issue for $50 a share. Present common is around $90 a share. With the $41,480,000 derived from this sale Goodyear will pay off $7,500,000 notes due in December, will build a manufacturing unit in the South, will improve its financial position...
...worth of common and preferred stock outstanding. A. Iselin & Co. and Roosevelt & Son, investment bankers, owned two-thirds of the stock. The par of both kinds (preferred and common) is $100. On the stock markets early last week the shares were considered worth only $80 each. The Van Sweringens offered the Iselin-Roosevelt group the full $100, and gained the purchase. B. R. & P. shares are not worth $100. But so great is general confidence in Van Sweringen financing that stock buyers at once offered $98 a share for what minority stock might reach the market...
...starred textile industry, he revealed, is through its only sound and healthy part. While textile mills have failed, textile selling houses, or converters, have been showing profits. Notable among successful converters is the Cohn-Hall-Marx Co. (Manhattan) which increased its yearly (fiscal) earnings from $4.21 a share in 1927 to $6.47 in 1928. At its head is slick Lawrence Marx, whose most colorful achievement was the sale, last summer, of 30,000 shares of common stock. On the New York Curb, the stock was rising from a low of 23½ to around 50. But most of the company...