Word: underwritten
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...McKesson & Robbins, Inc., whose 1928 expansion was underwritten by Goldman, Sachs and Bond & Goodwin, Dr. Coster transferred a private enterprise of his own, the business of trading in crude drugs from far places-China wood oil, camphor from Japan, Javanese quinine. McKesson & Robbins' crude drug department was very much the private concern of President F. Donald Coster...
Announced by young Mr. Hall was a Fort Wayne Housing Authority, with $1,500,000 capital put up by his own company, Lincoln National Bank and Trust and Fort Wayne National Bank, underwritten by the Federal Housing Administration. Next month F. W. H. A. will start buying idle outlying land from tax-ridden owners, paying them $1 a lot and giving them an option to repurchase at any time at the same price. The Authority will set up on the land four-room prefabricated houses which are to cost $900 apiece and rent to Fort Wayne's poor...
...March 5, 1936. SEC claims that this was done by such oldtime pool methods as buying heavily at the close, issuing extravagant statements, using discretionary accounts to create an artificial demand. Reason for raising the price, implied SEC, was that Cord Corp. had underwritten some $2,800,000 in Auburn debentures convertible into common stock at $50 a share. SEC made it clear that E. F. Hutton & Co. as a company was not involved...
...first publication of its kind at any law school." Charles W. Steadman 3L, editor, said yesterday. He explained that the profits from the book, which was underwritten by Phillips Brooks House, will be returned to the P.B.H. law library fund, and predicted that annual publication will be established...
...plan must be registered with the SEC to get approval for sale. This caused little trouble so long as stock prices were going up. Since prices have been falling there has been utmost confusion. Perfect example was an issue of $44,000,000 offered by Pure Oil Co. and underwritten by 42 firms headed by Edward B. Smith & Co. The new $100 preferred stock was made convertible into four and one-half shares of authorized common, thus evaluating the common at $22.22 per share. But while the prospectus was brewing, Pure Oil tumbled from $20 to $14 a share...