Business In '29 Sounds Familiar As Markets Breathe
AP recounts how 1929 business mood mirrors today with strong employment, ample cash in corp coffers, and rising dividends. It notes stock speculation, high money rates, competitive retail, and concerns about reforms, while citing 30 years ago forecasts and market fragility alongside modern comparisons.
MENTIONED IN THIS ARTICLE
New York
Business Week
Congress
Federal Reserve Board
Capitol Hill
Wall Street
Texas Cannot Block Humble Magnolia Merger
Texas Atty. Gen. Will Wilson says no legal basis to stop the proposed reorganization of Humble Oil and Refining Co. and Magnolia Petroleum Co. Humble would become the sole domestic subsidiary of Standard Oil of New Jersey.Reports had hinted at a routine antitrust review by Wilson’s office.
MENTIONED IN THIS ARTICLE
Austin
Texas
Will Wilson
Humble Oil and Refining Co
Magnolia Petroleum Co
Humble Oil
Standard Oil of
New Jersey
Also Mentioned on This Page
New York Stock Exchange
Secretary of the Treasury
Andrew Mellon
U.S. Treasury
Paris
Ohio
Wilson
Ays
BUGS
Philco
Admiral
Dave