Word: stockings
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Dates: during 1920-1929
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...Last week there came to term $950,000 of Auburn notes. Holders had been able to buy Auburn stock at $83.91 per share...
...coming on Jan. 1, 1930, is an obstacle no company in poor shape could meet-the maturity of $25,000,000 debentures. To surmount this obligation, a complete reorganization was planned, chief feature of which is that present debenture holders will receive new debentures plus a bonus of common stock in the new company. Last week, after 84% of the debenture-holders and 80% of the stockholders approved the plan, Cuba Cane asked for a receiver as first step toward reorganization. A prime motive for proceeding through a receivership was suspected to be so that the remaining...
...indication of the financial background of many a stock purchaser was seen in the inquiry received by a broker from a customer as to whether Cuba Cane was or was not a corporation dealing in walking sticks, crutches...
...There was a point last week when the stock of General Motors showed a theoretical loss of over a billion and a quarter dollars ($1,228,000,000) from its year's high. But of all the badly hit motors, the worst hit was Chrysler. The stock had a year's high of 135, sold last week down to 52. Before the worst break, Walter P. Chrysler observed that he could see no reason for low prices in automobile stocks, considering current automobile productions and sale. Last week Mr. Chrysler pointed out that nine months' earnings...
Married. Edward Henry Harriman Simmons, broker. President New York Stock Exchange, and a Mrs. John Mayer; in Manhattan. He is her third husband, she is his second wife. Sued for Divorce. Bainbridge Colby, Wilsonian Secretary of State (1920-21), and law partner; by Nathalie Sedgwick Colby, novelist, at Reno. Grounds: desertion...