Word: shrunk
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Dates: during 1930-1939
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...Corp. they had agreed to keep readily marketable securities of at least half that amount in the corporation's treasury. Last week they answered the gossip in a convincing manner. From Van Sweringen Corp. they withdrew the 1,000,000 shares of Alleghany Corp. whose market value had shrunk below the required level, substituted $15,000,000 in U. S. Treasury certificates...
...York Evening Post endeavored to find out how much the decline in stocks has reduced the earnings-price ratio. Current prices of 405 industrial stocks average 11.8 times estimated 1930 earnings. Forty-three public utility issues average 17.2 times estimated 1930 earnings. Railroad stock prices, however, have not shrunk in proportion to the net. In this group, 37 stocks average 14.1 times net against 12.9 times a year ago. Notable exceptions still exist. General Electric is at 35 times estimated earnings for this year, Consolidated Gas at 26 times...
...kindly monitor whiling away part of the three hours by reading over his shoulder. One after another has listened to the padding of feet up and down the aisles, and started as a snort from the desk indicates that the fun of communal blue-book reading has begun, and shrunk when the cold glint in a proctor's eye shows he is wondering why you look at your watch so often. What is honor? A mere abstraction; but monitors are a perennial joy, and they must remain...