For 17 days in a row, every time the New York Stock Exchange was open for business, the shares of International Telephone & Telegraph Corp. were among the ten most active stocks on the ticker. One day last week I.T. & T. hit 12ΒΌ, its high for the year and almost double the 1943 low. That was a few days after the company's annual report proved that the foresighted buyers, who got aboard when the stock was at 9, were right as rain.
Profit & Loss. I.T. & T.'s report showed consolidated net earnings for 1942 of $2,142,545 v. a...
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