Word: stockings
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Dates: during 1920-1929
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From the treasury of Fokker Aircraft Corp. of America went last week 400,000 shares of Fokker stock. Purchaser was General Motors which with its purchase (40% of Fokker outstanding stock) gained control. In part payment for the Fokker stock, General Motors turned over to Fokker the capital stock of the Dayton-Wright Co., assets of which consist mainly of Wright Field, Dayton Aviation Field adjoining the famed but abandoned McCook Field (Wartime Army aviation center) and also a large number of aviation patents.* Following so closely upon General Motors' acquisition of a 25% interest in Bendix Aviation Corp...
Only 39 years old, and reputed several times a millionaire, Airman Fokker is a stout, stocky, blue-eyed typical Hollander. His motto is "I do it myself." It is said that he gives every Fokker plane its experimental flight. Fokker stock has gone from 20 to 67 in the last few months...
...during a reorganization period following the retirement (1913) of Colonel Edward M. Knox, son of Founder Charles Knox, and before the arrival of the present management, which, under the leadership of President F. H. Montgomery, showed net earnings in 1928 of $859,997, or $10.10 a share on common stock. Acquiring Dunlap & Co. (1919), Long's Hat Stores Corp. (1927), Kaskel & Kaskel Corp. (1928), Knox Hat Co., Inc., today operates 62 retail stores as well as distributing Knox and Dunlap hats through some 2,500 agencies. Net sales in 1928 were...
There are, according to the Hoover Economic Survey (see p. 75) some 17 million U. S. citizens engaged in playing the Stock Market. Most of these investors are new, small, ignorant. They speculate to double their capital rather than invest to get a steady increase. They are motivated by faith...
...have they much chance of becoming intelligently informed. Financial literature is usually written for financiers only. A corporate announcement concerning the issue of 20 million dollars in 4½% convertible debentures makes little sense to the simple soul who is merely looking for a good aero stock. Neither are the standard financial columns, vague in their statements, technical in their language, obscure in their significance, of much help to him. Thus the small investor is forced to select his stocks largely by the Blindfold Test...