Word: stocking
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1970
Sort By: most recent first
(reverse)
Come June 1, 1971, that familiar friend, The Saturday Evening Post, will be back on the newsstands. Or so says Beurt SerVaas, an Indiana publisher who has bought up most of the stock of the old Curtis Publishing Co. The new magazine will even look like the old Post, carrying the original logo. And just as before, it will be published in Philadelphia's Independence Square...
...STOCK COMPANIES all over America have been playing Funny Girl since the property was released a couple of years ago. No doubt they all lack something. The elaborate scenery perhaps. Or the audience. And of course they all lack Streisand...
...About half of its capital, now down to about $10 million, consisted of loans advanced by partners and other investors for 90 days at a time. Its record keeping got into a horrendous snarl. By mid-October an exchange-ordered audit disclosed that Goodbody held some $10 million in stock that was not even entered on its books-while another $10 million of stock that was recorded on the books could not be found. Operating losses this year totaled $8 million by the end of September, and partners and other lenders began withdrawing capital in amounts large enough...
...usual, seem safe-for the moment. But the rescue raises some extremely disquieting questions. If Goodbody was not secure, what other firm, apart from Merrill Lynch, is? Considering that Goodbody as long as two years ago was reliably rumored to be in grave difficulty, why did the New York Stock Exchange fail to take action until the last minute...
...thing that can be done only once; not even Merrill Lynch has the resources to rescue a succession of failing houses. If Congress passes the bill to set up a Securities Investor Protection Corp., with authority to tap the Treasury for as much as $1 billion to restore stock to customers of failing brokers, all may be well for investors, though not necessarily for their brokers. The Goodbody furore has improved the bill's chances, but it still could be put aside in an adjournment rush at the end of Congress's lame-duck session. If the S.I.P.C...