Monday, Apr. 21, 1930
Opinions
Last fortnight a group of leading market operators held a dinner, voted that American Tel. & Tel. will be the stock to show the greatest gain in 1930. Last week leading statisticians and market analysts of prominent stock exchange firms banqueted. Their votes recorded the following predictions for 1930:
Best All Around Stock: United States Steel; American Can and Union Carbide tied for second.
Largest Percentage Gainer: Radio Keith; with Radio Corp., Grigsby-Grunow, International Nickel as runners-up.
Greatest Point Gainer: Auburn Auto- mobile; with U. S. Steel, Electric Bond & Share, Deere Implement as runners-up.
Largest Percentage Loss: Moon Motors*; U. S. Industrial Alcohol second.
Largest Loss in Points: Gillette Safety Razor; U. S. Industrial Alcohol second.
*As if in answer to this reflection upon their company, last week Moon stockholders voted down the seven old directors by enlarging the board membership to 15, adding eight new members who therefore have control. The new group is composed of the interests who recently sold Moon the Ruxton, front wheel drive. Unwilling to be ousted, the old officials protested, threatened legal action.
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