Word: wall
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Some U. S. investors dislike the lower return thus allowed on new foreign flotations. But the day when high yield and relatively safe securities were plentiful in Wall Street has long since departed. Under the present conditions df easy money, the investor, individual or institutional, must take what...
...assuredly reckless, for the first 50 miles he led the roaring, crackling, reeking, spitting pack at a canter of 104 mi. an hour, was passed by Racer Cooper, took the lead again after Cooper had turned his $10,000 machine into a smear of debris against a concrete wall in the 124th lap. Would he learn no caution, that...
...rumor ran a bit about Wall St., and then a great deal more rapidly about the press that Jesse L. Livermore, famed stock operator, had quit the market for good. It said that he, having made millions and lost them several times, was now at one of the peaks of his success (estimated at $20,000,000) and that he intended to get out. It was said that he had had all the tickers removed from his office, even that he had not traded in a share of stock for as much as a year...
...Stock Exchange, the Company's difficulties were brought to the fore through the peculiar "action" of the preferred stock. Many speculators, deeming the issue of little value, sold it "short." There are, however, only 19,635 shares of it, and few of these are in Wall Street available for trading purposes. In consequence, there followed a signal case of "squeezing the shorts." From under 50, the stock shot up to about 70-not because it was intrinsically worth so much as because so many people had sold it who did not own it. The Stock Exchange is closely watching...
...word was Rayon". . . . Calvin Coolidge, Washington, D. C., April 6, 1925. This legend appeared on the cover of a pamphlet circulated by Bonner, Brooks & Co., No. 1 Wall Street, to promote the sale of stock in the new American Rayon Products Corporation. Scrutiny of the President's recent speeches revealed that he had delivered himself of the following utterance to the National Association of Cotton Manufacturers : "In the course of some researches, preliminary to these remarks, I found myself needing a more accurate definition of a certain trade term, no doubt thoroughly familiar to all of you, than...