Word: stockes
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Dates: during 1920-1929
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...Assistant Secretary of War Patrick Jay Hurley, now the department's acting head reported that a quarter-billion dollars was needed to stock the Army with raw materials, unproduced in the U. S., for war-time uses...
Thus from Amsterdam, Antwerp, London came the sound of many voices mourning the loss of a record Christmas buying season, blaming the recent stock market crash. In Manhattan, arose voices to differ with them. Authoritative among such voices was that of Walter N. Kahn, agile, dark president of the American Diamond Cutters Manufacturers Association, envoy from them to the U. S. Senate Finance Committee. Master diamond cutter is Mr. Kahn, able to instruct his many workmen to such good effect that diamonds cleave well, cut well, in trade parlance "run" well for him. Mr. Kahn blamed the unsettled state...
...announced the completion of three years of negotiations in the formation of Bush Service, Inc., U. S. A. The new company combines the facilities of the Bush Terminal with those of Lassen & Co., a Swiss holding company that controls 54 distributing agencies throughout Europe. Fifty one percent of the stock of the new company is held by Bush Terminal. Inc. For the smaller exporter Bush Service Corp. will do, roughly, what is done for companies like International Harvester, General Motors, and Standard Oil of New Jersey by their own overseas selling and distributing organizations. Bush Service will assume full responsibility...
...saying that great emergencies produce men who are competent to deal with them" began a resolution adopted last week by the Governing Committee of the New York Stock Exchange. The "emergency" was of course the October-November break. The man was Richard Whitney, vice president of the Exchange, acting as president while E. H. H. Simmons was honeymooning. Whitney qualities praised in the resolution were "courage, resourcefulness, and sound judgment . . . rare qualities of leadership." Oldsters, saying this was the first instance of personal praise by the Committee, wagered Mr. Whitney will be elected president of the Exchange next May. President...
Seats. Predictions of a "quiet" market for 1930 may mean a safer market but will also mean lower commission earnings by members of exchanges. Foreshadow of this decline in earnings was the sale last week of a New York Stock Exchange seat for $350,000, $144,000 under the price paid for the last seat sold. A New York Curb Exchange seat sold last week was $100,000 under the previous price, bringing to its seller but $150,000. On the basis of these new prices the 1,375 Stock Exchange seats have a valuation of $481,250,000, while...