(2 of 2)
¶ Not since Goldman, Sachs floated Blue Ridge Corp. has a new stock issue been gobbled up the way one was last week. Through Manhattan's Lehman Brothers, Schenley Distillers (Golden Wedding Rye) sold 230,000 shares of its stock at $15 a share. Advertisements ("a matter of record only") had not even appeared before the stock was whipped up to $46 a share on a when-issued basis. ¶ Within 24 hours after Illinois had formally ratified the 21st Amendment last week, Hiram Walker-Gooderham & Worts, Ltd., potent Canadian liquor company (Canadian Club...
To continue reading:
or
Log-In
