Word: stocked
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Dates: during 1900-1909
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...business in which he intends to form a combination; he must of course have a wide reputation for honesty, and be an able solicitor. Ordinarily a large proportion of the capital of a concern is in the form of plants. Here the problem comes up as to how much stock shall be issued for this, and the solution is worked out by the promoter, who by getting cash options on the plants, raises their value and thereby the amount of stock issued...
Generally, in order to attract capital from men of wealth, who want sure, safe, investments, a new concern issues preferred stock. The condition attached to this stock is that a certain fixed dividend be paid on the preferred stock before the holders of common stock receive any advantage from the profit. Although the common stock is speculative in character it is frequently more remunerative than preferred stock as is seen at present in the case of the American Sugar Refining Company. The proportion of capital of the large combinations, which goes toward the cost of their promotion is an immense...
...part taken by the banks in floating these combinations is frequently an important one. Generally a new corporation must raise money by selling stock, and here the banks lend their aid by "underwriting the stock." A bank may make an agreement with the corporation to take at 50 per cent. all stock not sold by a certain time at a price above 50 per cent...
...concert by the Musical Clubs last night was a great success, and Sanders Theatre was crowded to its utmost capacity. All the clubs played selections new in Cambridge, and repeated very few of the usual "stock" pieces...
...room on the ground floor of Phillips Brooks House has been fitted up as a study for the use of members of the University, and furnished with a small stock of good literature. For the present the study will be open from 9 a. m. to 9 p. m., except on evenings when the room is needed by one of the organizations using the house...