Word: investment
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Dates: during 1920-1929
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...third onetime Russian is Frederick Brown, known now as a daring speculator. He not only buys to resell but generally has resold before he buys. His procedure is to take an option, find a buyer, complete the purchase, make the sale. He has been known to invest $100,000 in an option, find no purchaser, let option and $100,000 lapse, start philosophically on another deal...
...Your fundamental purpose must be to determine the facts and find solution of a multitude of agricultural problems. ... All this cannot be accomplished by a magic wand or by an overnight action. . . . You are the representatives of organized agriculture itself. . . . I invest you with responsibility, authority and resources such as have never before been conferred by our government in assistance of any industry...
...relief fund he must donate 47% (about $40,000). To Guy Moore, Indiana plumber who bought a fifth interest in the winning ticket, he must pay $10,000. The J. S. will also collect income tax. Engineer Court found time, last week, amid many financial arguments and arrangements to invest another dollar in another sweepstake, the Dominion Rifle...
...Frank D. Comerford, a vice president of I. P. & P., told the Commission: "I thought it unwise for our company to invest in newspapers. ... I told Graustein [Archibald Robertson Graustein, I. P. & P. president] so in private . . . but never said so in a Board of Directors meeting." In Manhattan and Richmond, Va., two more side-lights developed last week to heighten the power-paper investigation spectacle...
There are, according to the Hoover Economic Survey (see p. 75) some 17 million U. S. citizens engaged in playing the Stock Market. Most of these investors are new, small, ignorant. They speculate to double their capital rather than invest to get a steady increase. They are motivated by faith...