Word: shared
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Dates: during 1930-1939
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Arrest. For several weeks SEC has been investigating the sale of some 273,000 shares of stock registered last year by Trenton Valley Distillers Corp., a sizable company with a plant at Detroit, which is now closed. It was discovered first that the stock had not been sold through the underwriters named in the registration statement; further, that the company took $1 a share for stock which was at that time selling for $3 over-the-counter in Detroit. The difference was apparently absorbed by no less than four sets of middle men and at least two go-betweens...
...never thought of doing so in 1923 when its earnings reached the giddy peak of $31.84 a share, nor in 1927 when its profits on 1,581 U. S. and Canadian stores averaged $16,805 per store. But when profits per store began to drop in 1928 and Depression accentuated the skid, Woolworth contemplated changes. By 1932 when profits per store were down to $8,093, Woolworth's moved towards higher prices to compete with rival chains which offered a line of merchandise broader in price and quality. This year with profits per store down...
...year Japan sold 26,000,000 zippers in the U. S. But Hookless has little to fear. FORTUNE estimated Hookless gross at $4,500,000 in 1931, and it is presumably over $6,000,000 now, with profits near $1,000,000. Total outstanding stock is only 3,906 shares and these are held by 145 persons. Last week this stock was valued at about $3,000 a share, when an announcement was made by Colonel Walker. Pondering plant expansion financed by a possible public offering of shares, President Walker proposed to split stock 250 for 1, change the name...
With the quashing of the Anarchist riots and the formation of the more efficient Negrin Government at Valencia, a drastic effort was made to get Barcelona to bear its share of the fighting. Up from Valencia to take control of Barcelona's military came greying, hard-bitten General Sebastian Pozas, ordered to instill a little efficiency into the Barcelona Government and to try to get a few Catalan soldiers into the trenches. Last week came startling news: General Pozas had finally taken the field at the head of a new army of 200,000 Catalans, and some...
...Products Co., which later became Sonora Products Corp. of America. When Sonora went bankrupt and Irving Trust Co. became its receiver, that Manhattan bank charged that Sonora's directors had personally used an option owned by the. company to buy De Forest Radio Co. stock for 50? a share, then selling the stock at market prices and pocketing fat profits. Harris Hammond and three other directors were found liable for more than $2,000,000. "Tony" Biddle in 1935 compromised his claim and sailed off to become the New Deal's Minister to Norway. The judgment against Hammond...