Word: unload
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...most of it had not been sold to the public; the underwriters had been stuck with it. As they had agreed to pay K-F $11.50 a share and offer it to the public at $13-and the stock was selling below the offering price-they could not unload it on the public without risking a loss. If the stock dropped lower, the underwriters stood to lose plenty. So Otis & Co. flabbergasted Wall Street by calling the whole deal off. No one could remember when an underwriter had ever done so before when a "firm commitment" had been made...
Unlucky Henry. Kaiser-Frazer had paid through the nose for that stock-buying job. Wall Street gossiped that many of those with inside information had taken advantage of the "stabilizing" to unload their holdings at the higher price. After K-F stopped buying, the stock started down. At $11, K-F had already lost over $460,000 on its stock. K-F had suffered another blow. It had tied up a good chunk of its ready cash in stock. With all the hue & cry over the stock, chances looked slim that K-F would soon be able to find...
Finally at two o'clock on the dot a car pulled up to unload five "fools," one rooster, one hen, one pig, one heifer, one dog, one goat, and one skunk. The crowd surged up Plympton Street, through the main gate, up the steps of Widener, in the front door, and through the reading room, band, animals, and enlookers which by this time included most of the Cambridge Latin student body...
Higher & Higher. The new facilities, to be completed late this year, will solve some, but not all, of Buenaventura's problems. They will allow more ships to dock at the same time and will provide storage for the goods they unload. But about 30,000 tons of cargo are unloaded monthly at Buenaventura, only 25,000 tons can be carried out. Last week TIME Correspondent Jerry Hannifin cabled this description...
...that poultry, olive oil and sugar prices were down 20 to 50%; meat which had cost up to 900 lira a week before could be bought for under 500. Farmers, who had refused to sell their products when the lira was becoming more worthless every day, now hastened to unload as it increased in real value...