Business & Finance: Deals, Financing

One of the reasons why so much money is being poured into the stock market is that there are many new stocks to buy. Privately held, closed corporations are issuing stock, taking the public into partnership. Corporations that have long been publicly -owned are undertaking new financing for expansion purposes. And the merger trend—outstanding movement in current industry—continues as an important element in Industry's insatiable appetite for money. Of last week's new deals of various kinds, the following were of particular interest:

Neet. Since 1918 the Hannibal Pharmacal Co. has been making toilet...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!