Word: ticker
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...subsidiary, the International-Great Northern. Missouri Pacific already controls the Texas & Pacific through ownership of $23,703,000 of its $24,676,000 preferred and $10,000,000 of its $38,755,110 common stock. In addition, Missouri Pacific (or "Mop" as it is usually known, from its ticker symbol "MP") obtained a half interest with the Western Pacific in the Denver, Rio Grande & Western when the latter road was recognized a year ago. On this basis, the new "Mop" system will include 15,000 miles of track...
...York by one large company is only about half of normal, while prices on a bunch are down from an average of $4.50 to $3.00. The perplexities of the banana dealers have recently attracted the attention of high finance through the decline of Cuyamel Fruit Co. stock on the ticker tape, amounting to almost 20 points. In addition to the weather, this and other fruit companies have a never-ceasing problem with Central American revolutions. Cuyamel owns over 53,000 acres in Honduras, of which 12,000 are under cultivation for bananas. These properties are the chief sources of revenue...
...stock ticker is proverbial for its accuracy, yet it is by no means immune from careless clerks and incompetent stenographers. Last week the ticker reported that a dividend of 75? a share had been declared upon Mother Lode Coalition Mines. Immediately the gentry who make a living for a while by trading on the tape hurled orders t into the market to buy "Mother Lode," whose price soon shot up from...
There is much conjecture, and rightly, over what effect a revival of European industry and international trade will have on our own business conditions. Yet any fear that it will leave us with insufficient capital is mere stock ticker hysterics. One glance at the embarrassingly high Federal Reserve Gold ratios is enough to establish that fact...
...decline in the stockmarket, while due to professional causes, has occasioned many second thoughts in the financial district, and the tendency is to take a not too rosy view of the business outlook. This may be due to the old habit of letting the stock ticker regulate one's optimism, or it may be rather more fundamental than that...