Word: overlying
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Dates: during 1940-1940
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The sellers of electricity, despite their owners' troubles, had another record year. Total kilowatt-hour sales were 11% over 1939; industrial sales were up 16½%, rising weekly. The industry spent more money on new capacity ($580,000,000) than in any year since 1930 ($919,000,000), increasing...
Despite the production boom, stock prices never have climbed back to the level from which the Lowlands Blitzkrieg toppled them last May. Thus many a shareholder had paper losses this month on stocks bought before the May collapse. To deduct them from his 1940 taxable income, he had to sell...
This righteous and easy life did not satisfy Boltz. He discovered the stockmarket, and, in the '20s, made money at it. Soon he began to tell his friends about his North America Investment Fund, Inc., of his success in increasing its original $100,000 assets to over $1,000...
By 1933 Boltz was a full-fledged investment counselor. His N. A. I. F. balance sheet listed assets of $1,914,000. Word got around that he was a financial wizard. His friends in the Juristic Society gave him their money to invest and sent others to him. His church...
In Evansville, Ind., a blind man holding a gun with a friend looking over his shoulder, won a turkey shoot.