Word: ups
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Dates: during 1930-1939
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In 1902 a portly, potbellied, black-mustachioed Philadelphia lawyer named John Graver Johnson (tops among U. S. corporation lawyers and trust protectors of his time) drew up a noteworthy document. It was an iron-clad lease by which Philadelphia Rapid Transit Co. promised to pay 49 small traction companies $7...
>Recently U. S. Steel turned up in the black (by 47? a share) for the first time since 1937. By last week's end Steel common had fallen almost five points, stood at 70¼ compared to its September high of 82¼.
> North American Aviation announced record earnings of $1.47 a share, up $1.17 from 1938; a little later it got a $20,000,000 British order that virtually doubled its backlog. But North American shares marked time between 26¼-27¾.
All these things showed a remarkable restraint on the part of U. S. speculators (save for the "little fellows" whose odd lot purchases have exceeded their sales for the past month). U. S. business still waited to see whether consumption would catch up with increased production, whether real war orders...
The Roman ancestors of present-day Fascists fought three full-length wars with a first-class Semitic power-Carthage. For 17 years Semitic Generalissimo Hannibal made Italy unsafe for Italians; Scipio, played by Cinemactor Annibale (Hannibal) Ninchi, finally defeated him at Zama, near Carthage. Scipio Africanus reviews this ancient history...