Word: optionals
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Augustus Heinze, who was matching wits with Butte copper kings at the age of 21, Thompson traveled East to peddle his claims. Wall Street would not listen, State Street was almost as inhospitable, and he was nearly at the end of his resources when he managed to get an option on the $250,000 Shannon Mine, in Clifton, Ariz, for $500 cash. He borrowed a last $5,000 to hire a private car and take a party of brokers to inspect the property. Thereafter wealth flowed in, much of it in speculation whose intricacies Author Hagedorn describes in understandable, unsensational...
...manages most of the old steelmaster's business affairs. Brother Edward said he had no funds available but if a buyer could be found for the Schwab Stutz holdings, he would loan the proceeds to the company. Forthwith the Stutz bankers produced one Samuel Genis, who took an option on the 30,000 shares and who was missing last week when SEC wanted to question him. So far as the Schwabs were concerned, the transaction ended then & there...
...successful was the campaign that the retailing firms sold not only the 40,000 shares under option but a total of 300,000 shares, more than one-half of which did not exist at all because Stutz had only 132,000 shares outstanding...
...Real option of the Senate was between two bills each of which would cost the Government upwards of $2,000,000,000. One of these, the Vinson Bill, was sponsored by the American Legion whose members were willing to let the Government raise the cash by customary "sound" means, i. e. borrowing. The alternative, Patman Bill, was sponsored by the Veterans of Foreign Wars, an older, smaller organization, which in recent years has found that the most headway is gained by always outbidding the Legion by longer and more radical demands upon the Government. Hence the VFW, Patman Bill, demanded...
...spring of 1933, said he, an option on 90,000 of the 175,000 voting shares of New York Shipbuilding had been secured by Bernard ("Ben") C. Smith and Thomas E. Bragg. At the mention ot those two famed speculators, the Senators sat up and took notice-wondering audibly whether the rise in that stock from $3.25 to $22 in five months' time had anything to do with those weird gentlemen's operations. The tale went on: Speculators Bragg & Smith came to Mr. Manning to ask whether Mr. Cord would take a half interest in the majority stock...