Word: shared
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Dates: during 1930-1939
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...Actually it was the typical voice of the old-line Democrat, the Democrat who would like, but does not dare, to say the same things on the Senate floor. For the Baruch testimony was by no means a one-way damnation. Asked if he thought business had done its share, the white-haired old financier replied: "Business has not cleaned up its own stable, it has not met the Government people in the fullest spirit of co-operation." Eloquently he urged modification-but not repeal-of the undistributed profits and capital gains taxes, and declared that the new tax bill...
...hammer will begin to fall was not stated, because after three months of work Mr. Hearst's agent, Manhattan Dealer Macdermid Parish-Watson, is nowhere near the end of cataloguing the collection. Hearst papers especially hinted at museum bequests by announcing that their boss meant to "share" his art with the nation...
Aside from this subdued snort of annoyance, President Gifford's report was confined to a dispassionate summary of the activities of the world's largest communications company. Excerpts: In 1937 it earned $182,342,866 ($9.76 a share) against $184,744,464 ($9.89 a share) in 1936. It thus barely covered the $9 annual dividend it paid last year for the 16th successive year. Total operating revenues increased 5.7% to $1,051,379,343 , but total operating expenses increased 7.5% to $708,479,450. This fact, plus the gradual dwindling of business toward the end of the year...
Last week A. T. & T. stock was selling for around $135 on the New York Stock Exchange, having broken sharply from its recent 1938 high of $149.75 (T937 high: $187). Noting this and also that Bell Telephone Co. of Canada, which last year earned only $7.72 a share was last week selling at $161, the New York Times remarked: "Investors weighing the proper market value of a particular security presumably also consider political situations as well...
...floor of the New York Stock Exchange one morning this week the gong bonged as usual at 10 a. m., opening the day's trading. Slowly the ticker tapped out the first sale-100 shares of Lehman Corp. at $25.50 per share. The market was dull. Suddenly the bell rang again, bringing trading to a sharp halt. As a man the hushed brokers turned toward the rostrum to hear an astounding announcement: the firm of Richard Whitney & Co. was unable to meet its obligations...