Word: stockings
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Senatorial nipping and snapping at Andrew William Mellon came to an end, at least temporarily, last week when the Senate Judiciary Committee voted down, 10 to 3, a report that he held the office of Secretary of the Treasury illegally because of stock ownership in industrial corporations. An ancient statute prohibits the Secretary of the Treasury from being interested in "trade or commerce." Mr. Mellon freely admitted that he owns stock in the Aluminum Co. of America and other big concerns, but explained that he had resigned all his directorships and other business offices upon entering Federal service (TIME, April...
...Simmons, President of the New York Stock Exchange speaking before the members of the Chicago Stock Exchange at their annual dinner on Thursday attacked the Federal Reserve Board labeling its actions as an arbitrary curtailment of funds for stock market loans which would inevitably lead to a curtailment of progress and prosperity...
...spite of its new ranking as a three billion dollar corporation, however, A. T. & T. took particular care to discourage this bull statistic with a relatively bearish announcement. Knowing that pool operators were eyeing A.T.& T. as a prospective bull favorite, and that rumors of an approaching stock split up had already been started, A. T. & T. officials emphatically denied that any such split up was under consideration. Also, with momentous significance, these officials called attention to President Walter S. Gifford's 1928 report. In this report, President Gifford said: "The American Telephone & Telegraph Co. accepts its responsibility...
...stock arguments of the advocates of a big U. S. navy is the damage that would be done to U. S. industry if a hostile fleet should reduce the Manhattan skyline to a horizontal position. Statistics indicating somewhat the size of this damage were last week released by the Manhattan Merchants' Association, Quoting from the 1927 Federal Census of Manufacturers, the Merchants' Association stated that in 1927 factories in New York City produced 9% of the total U. S. 1927 output. New York factories turned out nearly six billion dollars' worth of merchandise. Production of the entire...
...Double and triple wire facilities were supplied to carry daily reports of the New York stock and bond markets throughout the country to satisfy the bullish public...