Business & Finance: Index: Dec. 17, 1928

N. Y. Stock Exchange seats went to a new high last week when an unannounced purchaser bought from, an undisclosed seller a seat for $595,000.

The "Hoover Market" had a big slump. (See p. 46).

Airplanes. Formation of North American, Inc., a $25,000,000 holding company to specialize in aviation stocks was announced last week by C. M. Keys, President of Curtiss, and also head of the new company. Among the backers are National Aviation Corp., Hemphill, Noyes & Co., Blair & Co.

Cow counters last week announced that there were 23,000,000 milk cows in...

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!