Word: brokering
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Dates: during 1930-1930
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...last week's charges, were the high proportion of the trading corporation's investments in securities without ready marketability, and the trading corporation's large holdings of stocks in which Prince & Whitely was actively interested. The question this situation raised was one of management. Many a broker suggested that investment trusts should be compelled to reveal their holdings from time to time so stockholders may know what is being done with their money. Bankers went further, said that hereafter brokerage houses should not be allowed to run investment trusts. Although a new management-which includes Matthew Chauncey...
Meanwhile, "broker's loans" were the lowest since Jan. 7, 1927, inventories were everywhere reported low, commodity prices rose slightly, a definite rise was reported in homebuilding, money continued cheapest since 1925 and total reported dividends paid by U. S. corporations were actually greater this year than last...
American Co., San Francisco holding com pany. About a year later, American Co. passed into the control of Goldman Sachs Trading Corp. which bought entire con trol of C. F. Childs & Co. for $3,187,000. Meanwhile, Bond-broker Childs formed Childs Securities Corp., began dealing again in government bonds. Last week it was rumored that Gold man Sachs Trading was offering to sell C. F. Childs & Co. for a comparatively small price. Then the clay after the Prince & Whitely failure the announcement was made that Mr. Childs had bought back the firm's name, that Goldman Sachs Trading...
Knute Kenneth Rockne, famed Notre Dame football coach, prepared to open a broker's office in South Bend's Odd Fellows Hall as South Bend representative and special partner of R. H. Gibson & Co. of Cincinnati. With him will be Al Feeney, onetime (1911-13) Notre Dame center. Broker Rockne will conduct his new business without interference to his coaching...
Edward F. Hutton, Wall street broker, drydocked his famed auxiliary schooner yacht Hussar II at Brooklyn, prepared to be yachtless until his new boat, a square-rigged four-master, largest pleasure sailing vessel in the world abuilding in Ger many, is completed next September. The new craft will be 322 ft. over all, a crew of 70 men will...