Word: wall
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Dates: during 1930-1939
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...sold doves." Looks passed at the speakers' table, and Mr. Wrarburg continued: "I can see from the gleam in the Senatorial eye that this again is not the Senator's definition. What he means ... is probably nothing more nor less than a usurer . . . more specifically . . . bankers- preferably Wall Street bankers - and most specifically of all ... Wall Street International bankers. Would you be very much surprised if I were to tell you that there is a certain Wall Street international banker who was for years the vice president in charge of the foreign department of one of the largest...
...seats on the Tack board. It was news last week when the Tack directors voted to split the stock three-for-one. Next day Tack stock tumbled from $34.75 a share to $21. Rumors flew thick that the Tack pool had been punctured. It had-but not the way Wall Street suspected. The New York State Attorney General curtly announced that he had been investigating Tack's amazing rise from a low of $1.50 a share early in the year to last week's high. Swift & Co. announced a profit for its fiscal year (ending...
Ever since the Securities Act was passed last spring Wall Street has been gloomily predicting that a new issue of stock or bonds of a major corporation would be followed by a shower of resignations from officers and directors who would refuse to assume the liabilities imposed by that law. Though some $300,000,000 of new brewing, distilling, investment trust, mining and a few industrial issues have been registered with the Federal Trade Commission, no old-line company, up to last fortnight, had stepped into the stagnant market for long-term capital. First to do so was Mathieson Alkali...
...best banking walls of Wall Street did not fall down last week before the long trumpet-blasts of Jesse Jones. But most of them opened their postern gates and let Mr. Jones come in with the money he was determined to inject into them...
...down its common stock from $124,000,000 to $77,500,000 and to write down surplus from $40,000,000 to $30,000,000. "With the adoption of the plan,'' Chairman Perkins informed his stockholders, "the assets of the bank will be carried at conservative values. . . ." Wall Street agreed. When this operation is completed, National City's Depression write-offs will total...