Word: stockmarket
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...Hertz companies had a very remarkable history in the Chicago stockmarket. The favorites of local speculators, many of whom became rich thereby, the shares of the Hertz companies sold at constantly higher prices. Frequently Mr. Hertz has declared that his stocks were selling too high, but speculators paid scant heed...
...stockmarket has in the past proved a generally reliable index to the subsequent course of trade. The remarkable activity in shares this fall has thus been generally taken as the forerunner of expanding business and possibly higher commodity prices next spring...
...industrial news is beginning to confirm the speculative assumptions made so vigorously this fall by the stockmarket. Colonel Leonard P. Ayres of Cleveland, sage of pig iron, is cheerful over the iron and steel outlook. Increased steel buying and increased prices are reported; the industry is now operating on a 70% basis. Wheat futures continue to rise under shortage, while staple agricultural prices are high and firm. Many industries are patently turning the corner. Imports and exports of gold are both increasing, but despite large recent foreign loans floated here, domestic money remains abundant and cheap...
...stockmarket has continued to prove the most active spot in business. Volume has been continuing at about an average of 2,000,000 shares a day, with rising prices in both rails and industrials. Liberty bonds, on the other hand, have been weak and other gilt-edged bonds have been stationary or weak-another normal sign of a good-sized "bull market." The heavy trading in shares has drawn forth many comparisons with active markets in the past-particularly with that of 1901. As yet, however, the present market has still to equal many records established in that financial classic...
...most immediate effect of this smash in interest rates has been seen in the stockmarket, where bonds, sound preferred stocks and other investment securities at once scored in a sudden expanse of trading. Several new highs were recorded in foreign and domestic bonds, led by U. S. Liberties, while utility stocks of good character have been markedly strong. Rails also advanced, accompanied by renewed talk of coming consolidations which easy money should facilitate. But the almost universal enthusiasm still left the industrial stocks, and even many industrial bonds, rather severely alone. They were judged in too vulnerable and speculative...