Word: stockings
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Dates: during 1920-1929
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...attorney, the assistant court clerk and Mr. Brickley's counsel were all Harvard men. Said Mr. Brickley to the judge: "I want to thank you for the fairness and consideration shown me during my trial. I am very sorry that anyone lost money through my trading in the stock market, and if the wheel of fortune ever turns my way again I hope to be able to pay back all my obligations...
Last week, only one member was carried from the floor of the New York Stock Exchange in a state of complete collapse. A petition circulated among members for a three day holiday, Good Friday, the intervening Saturday and Easter Monday, appeared to find more brokers fascinated by the profits of 4,000,000 share sessions than worried by the danger of physical ruin. Every "record" of any shape or description was broken and rebroken...
...usual near any peak of stock market enthusiasm, an oracle of immense prestige dramatically crowed at the precise moment when the market needed a cheery word to carry it into still higher price area. In July 1926, Thomas Cochran, Morgan partner, was interviewed the midnight he sailed for Europe. He was said to have said that General Motors "should.and will" go 100 points higher...
...Last week it was Finance Chairman John J. Raskob, guiding financial genius of General Motors, also in a leave-taking ship-news speech, who spoke the word. He was reported as saying that General Motors stock should be selling at $225 a share. It was then selling at $187.25. It shot up to $199, and in two hours of trading the shares of his corporation increased $47,850,000 in value, making an aggregate market value for the company of $3,306,000,000, another record gone. (U.S. Steel's stock is worth...
...present certainly need not envy the past for its abundance of characters; the question is whether the future will also be supplied; and the answer is that the probabilities are good. Specifically, the paperboys of the Waldorf and the hand-cart are promising for the time when the present stock is gone, and natural processes will doubtless attract enough new material to keep the quota filled. The dull picture of Harvard without characters will hardly need to be painted for the next generation...