Business: Nash Motors

Nash Motors is a stout ten-year-old stock which recently paid a 900% stock dividend, and during its life has paid its original backers— its President Charles W. Nash, its Bankers Lee, Higginson & Co., and others— $3,200 for every $100 they invested, plus their original $100. During recent months its Manhattan Stock Exchange quotation has hung steadily around 52.

Nevertheless, one mad morning last week, bears tried to break it below that figure. Thousands of shares were offered and promptly taken up at 52. A Nash post, around which practically every trader tried to crowd, was improvised on the Floor. Ever...

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