Word: turnoveritis
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Next day ticker tapes, to which the augurs had returned, began humming. When the Stock Exchange closed at three, market followers totted up the day's business: turnover, 1,619,800 shares; net gains, 1 to 4 points a share. Day after, many stocks reached a new high for...
How United's stockholders were likely to vote was immediately indicated by the stock market. Same day the letter went out, United Corp. common was the most active security on the Big Board, rose from $3.12 to $3.50 on a turnover of 44,000 shares, while the preferred rose...
At Addis Ababa smart Emperor Haile Selassie sold to Francis W. Rickett a concession covering oil exploitation rights in almost the whole kingdom. This Mr. Rickett offered in a quick turnover to Standard Vacuum Oil Co., and at the time many Europeans believed this deal (which ultimately fell through) would...
Used cars sold averaged roughly $275 each and at least a third of the deals were "clean" (i.e., cars sold without a car being traded in). Sales ran from two and one-half to three times the normal weekly turnover. Best sellers were the highest-priced models. Ford dealers sold...
Ernest Angell, for two years administrator of the Securities & Exchange Commission's New York office, last week resigned to return to private practice. In so doing, he was following a well-established precedent which has given SEC about the highest rate of personnel turnover in the Government. Reasons for...