Word: three
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Dates: during 1920-1929
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International Telephone & Telegraph, sold for 202 in January, has since been split three-for-one. The new shares have reached 119 5/8 or $288,618,416 gain in value...
Inoperative for three months was the United Stores Corp., formed as a holding company last June to assume control of United Cigars Co., Tobacco Products Corp. (TIME, June 17). Although George K. Morrow and Frederick K. Morrow, heads of the Gold Dust Corp., were then announced as dominant figures in the new holding concern, George J. Whelan, oldtime United Cigar Store tycoon, continued to manage the affairs of the two tobacco companies...
...romantic details: the side overlooking Central Park will consist of a 30-story, 1,200-room apartment hotel to be operated by "one of the most famous hostelries of Paris." The frontage on Broadway will consist of a 65-story office building. The first three floors of the latter will be occupied by stores and showrooms of French shops and industries...
Since Raskob's Rule came from a motor-maker, quidnuncs laughingly pointed to automobile stocks as they studied belated earnings reports for the first six months of 1929. Though many another stock was up to 20, 25 and even 30 times earnings, only three prominent motor stocks were selling at "15 times" or more. Many were below the ten times ratio even in the bull market of 1929. The following table shows recent prices of a number of representative automobile stocks and the price they would command at "15 times" according to first-six-months reports...
...friends maintained he was sent to the asylum on a false and illegal petition of his brother, Walter Ludwig Dreyfuss, wax-paper manufacturer. The sculptor's friends asked for a jury trial saying: "His sanity can be established before any judge or tribunal." This was denied them. After three hours, the bewildered Dreyfuss, as his own chief witness, spoke of the time he was losing while he was incarcerated. In a calm, plaintive voice he said: "I am 49 years old. I can never regain these days I am losing. I harbor no ill will toward anyone...