Word: stockings
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Dates: during 1920-1929
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Richard Hoyt, Leonard Kennedy, James C. Willson-financiers all, members of the houses underwriting T. A. T., Inc. (see p. 30). All of the $5,000,000 issue of stock had been subscribed last week...
Thousands of small speculators, who have been largely responsible for the three months hubbub in Wall Street, were last week seized with the same idea. Each of them suddenly became air-minded; each of them wanted to stow away, or play with, a few shares of air stock. True enough, they had played intermittently with air stocks since the Paris flight of Charles Augustus Lindbergh, but never as they did last week...
...immediate cause was the formation of Transcontinental Air Transport, Inc. with plans for a train & plane passenger service covering the U. S. (see p. 22). Five hundred thousand shares of T. A. T., Inc. common stock at no par value were offered on the New York curb market. They found plenty of takers at $25, quickly jumped to the vicinity of $30. Yet it was reported that $12.50 was the price at which T. A. T., Inc. was privately placed by underwriters...
...same time, the stocks of Wright Aeronautical Corp. and of Curtiss Aeroplane & Motor Co., were soaring on the New York Stock Exchange. A contributing factor was that both President Clement...
...stock answer to criticisms of the American governmental system is that "it works." Inquiry is seldom carried to the point of how much better it might work if differently constructed, or how long it would continue to work if subjected to a strain such as European governments are frequently called upon to resist. In the June number of Harper's Harold T. Laski, English student of Political Science, both examines the practical workings of the American political mechanism and raises the question of its adaptability to the unprecedented strains which the future is liable to bring forth...