Word: curbed
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Dates: during 1930-1930
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...agreements. Copper producers now are attempting to curtail production, but the price was back last week to 10? after its recent jump from 9? to 12? (TIME, Nov. 24). The world copper situation is complicated by potential African production which may soon overbalance U. S. curtailment. Tin. Attempts to curb tin production have been hindered by the rivalry between Bolivia and the Far East, and the introduction of much modern equipment into the latter territory. In London last week the world's tin producers met, sought to limit production. Silver. An abrupt decline in silver has accompanied the drop...
Last week the New York Stock Exchange and New York Curb Exchange suspended for insolvency the firm of Bauer, Pogue, Pond & Vivian-the seventh such suspension since the bear market began.* Although the firm was of fair size, the action affected only a few stocks, did not halt last week's stock-market rally. As is customary, Senior Partner Frederick R. Bauer announced that if his firm's affairs were liquidated in an orderly manner, all creditors could be paid, a residue left for the partners. The strong market gave him a more pleasing background than other recent...
...company be trusteed for 15 years to assure local control. Mechanics of the plan involve formation of a new company, Illuminating Shares Co., issuance of two shares in this company for each share of United deposited. United Illuminating stock is very closely held, last sold on the New York Curb, unlisted trading...
...made his first business appear ance in Manhattan where he was identified with Boundary Red Mountains, a stock which, in the words of the Better Business Bureau, "skyrocketed away off the Curb." Investigations followed, but he seemed clear of guilt. The same story followed with Engineers Gold...
...there was another 100% stock distribution. The next year brought stockholders an extra $10; the next an extra $15. In 1929 they received another extra $15, a 25% stock dividend. And in January, 1930, the stock was split 10-1. The new stock sells on the N. Y. Curb (infrequently) at around $80, represents $12,000 for the original...