Word: shared
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Dates: during 1930-1939
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...Verity's stockholders apparently received this news without enthusiasm, for Armco stock, after touching a high of $45 per share, promptly sold off to $38. Since the new preferred stock would be convertible into common shares, present stock-holders would either have to buy the new preferred when it is offered to them, or see their present equity diluted as more common is gradually issued under the conversion feature...
...York Stock Exchange the ticker symbol for Pierce Petroleum is PPX. One day last week PPX started to appear on the tape in blocks of 20,000 and 30,000 shares, and by the close was the most active issue on the Big Board with a total volume of 180,000 shares for the day. At $1.50 per share it was up 25?, a 20% rise in one session...
Consulting some Pierce Petroleum officials, it learned that the liquidating value of PPX "based on the present price of Consolidated Oil Corp. stock ($17) in all probability could not exceed $1 per share . . . and might be materially less." Forthwith the Governors ordered PPX suspended from trading. In subsequent over-the-country trading PPX promptly plummeted to 37? per share. It was one of the few times in the history of the Exchange that the Governors on their own initiative had stricken a stock from trading to save suckers from their own folly...
...arrived at a just subordination of the pretensions of the Church to the welfare of the State, remember that it is we who took the first step. . . . We have served your interests; we merit your applause; and if there is any guilt whatever in the matter, you must share it with...
Last year Winthrop was lampooned as being the haven of the athlete. Although is true that Winthrop is well represented on all of the Varsity teams (a fact of which we are justly proud), all activities of the college are represented. With goodly share of Detur students, the scholarship average of the House is high, and there is a large group on the college publications staffs...