Word: stockings
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Dates: during 1920-1929
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Someone had to show faith. The first to do so was T. B. Macauley, president of the Sun Life Assurance Co. of Canada, who said that his company (large institutional stock-buyers) was not selling, was buying (TIME, Nov. 4). Others quickly followed his lead. From Washington Dr. Julius Klein, Assistant Secretary of Commerce, radioed to the nation that its business was sound, that only 4% of U. S. families were affected by the break. Others were Stuart Chase and Irving Fisher, famed economists, Paul Shoup of the Southern Pacific, Bowman Gray of the R. J. Reynolds Tobacco Co., Luther...
...Steel and American Can declared extra common dividends of $1.00. American Tobacco Co. declared dividends of $2.00 each on both common and common B shares. Bon Ami declared $1.00 on its A stock, 50¢ on its B stock...
Although the Foshay failure last week closely coincided with the Stock Market crisis it was not born of it. No Foshay enterprises were financed except by Foshay securities which were sold to employes or businessmen in districts which Foshay companies served. Causes of the Foshay failure seemed to be overexpansion and the depreciation of real estate holdings. The failure was chiefly remarkable for two things: it was the largest in the history of the Northwest; the man who failed had thrice made a fortune and might make a fourth...
Besides the Fokker Aircraft interest General Motors owns a large block of stock in Bendix Aviation Corp., accessory manufacturers selling to the entire industry...
...opportunity in dirigibles. He dickered with Dr. Hugo Eckener, as usual in need of construction money, for the American rights to build rigid airships and for the loan of some Zeppelin technical men. The Goodyear men incorporated Goodyear-Zeppelin Corp. The Zeppelin Works got a minority block of its stock. Dr. Eckener became a director/ Most important for the U. S. company was the transfer of Dr. Karl Arnstein, Prague-born chief engineer of the German company, to Akron...