Word: stockings
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Dates: during 1920-1929
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...attempt to discourage speculation than to registration of any fundamental unsoundness of industry. With the banks continuously increasing their deposits, it is natural that these surplus funds will be placed in outside channels seeking good investment. "I do not share the opinion that the present movement of the stock market is due to any one man or group of individuals but is due to world-wide prosperity. . . . In Paris, London and Berlin good securities have had terrific advances. The world's capital is seeking profitable investment...
...Brokers' loans of $5,000,000,000 don't mean anything. In fact, I don't believe $10,000,000,000* would make much difference. Bank deposits and resources have increased enormously and these funds must be put to work one way or another. The stock market affords a good outlet...
Trade Terms. Three years ago Clarence Dillon gave the Dodge Brothers heirs a $146,000,000 check for their property. He quickly sold it to the public for $174,000,000, retaining control. Since then the company has bought back several millions of its own stock from investors. For the property as it is, Walter Percy Chrysler last week paid the equivalent of $170,000000 in Chrysler stocks...
...head a great motor company of his own name. He went to impoverished Maxwell ; cut down its debts ; and in 1925, as controller of the new Chrysler Corp., absorbed Maxwell. Mr. Brady became a Chrysler director; and Jules S. Bache, who heads one of the world's largest stock market brokerage houses. And when James Cox Brady died last November, his brother Nicholas Frederic Brady took over his directorate in the Chrysler Corp. and also his admiration for Walter Percy Chrysler...
...stock market strength was based largely on the story that Packard would absorb it. Packard was also supposed to be seeking Fierce-Arrow. And Auburn was tied to Gardner...