Word: ticker
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Better Bankers. Three years ago the first signs of weakness in Wall Street sent members of the Investment Bankers Association scurrying home from the convention at Quebec. They arrived in time for the first big stockmarket break, the anniversary of which came last week (16,410,000 shares, ticker two and one-half hours late, Telephone at 204 -28, Allied Chemical at 204 -14. "Leaders Confer, Find Conditions Sound"). Last week nothing broke up the convention. They heard Arthur Atwood Ballantine, Undersecretary of the Treasury, make such observations as: "What the position of the Government will...
Customers stepping in to the red-fronted United Cigar stores for a package of cigarets last week noted no change in the usual displays. But ticker-tape watchers suspected that something was wrong when nearly 200,000 shares of United Cigar stock were sold between $1.50 and 75¢ a share?most active issue of the day. Their suspicions were correct. United (primarily a holding company) and one of its real estate subsidiaries went into voluntary bankruptcy. Assets of the two concerns were listed at $18,200,000 against liabilities (including "possible...
...hips. Officers forgot to give orders then, left the bridge. In a tropical port even the luxuriant, overgrown pineapples and coconut trees abandoned themselves to jogging amiably about. But back north again the dancing took on new, hectic energy. Drably uniformed workmen hopped about automatically, rebelliously, before a stock ticker largely labeled. A gasoline filling station, two bathtubs and a ventilator took part in this materialistic orgy. For the finale a bland, fat-faced Mexican sun descended to blot out the noxious stock ticker, a sun whose face bore a flattering likeness to Painter Rivera's. For this triumphant...
...Lords of Business are gathered in some marbled Valhalla, the late Claus Spreckels must be prominent among them. When the celestial ticker has stopped and cocktail time draws near he might entertain the other spirits with tales of his business battles. Many were the little struggles which marked his rise from a German emigrant (1848) to a San Francisco storeowner (1856) and then a mighty sugar king. Among these was the hard battle with American Sugar Refining Co., ending with the "Sugar Trust" being driven from Mr. Spreckels' territory. And there was the argument with King Kalakaua of Hawaii...
...horseless buggy. Ever since the horse lost the rest of its toos, it has trod on them to oblivion. Soon the use of the horse will become a fond memory, along with the mustacho cup; and legend will have Lady Godiva ride a tricycle through the storm of ticker tape that greeted her for her non-stop flightiness...