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1920: Kroger . Recession (economic slowdown) as WW1 end affects company prices Price Down: 80. 1920: Radio Corp. Sales slow, little demand. People unsure if Radios are “just a Fad” Price Down: 80. 1920: Mammoth Oil. 9 new wells start pumping oil in a Wyoming field. Price Up: 120.
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1920: Kroger • Recession (economic slowdown) as WW1 end affects company prices • Price Down: 80
1920: Radio Corp • Sales slow, little demand. People unsure if Radios are “just a Fad” • Price Down: 80
1920: Mammoth Oil • 9 new wells start pumping oil in a Wyoming field. • Price Up: 120
1920: City Corp • Bank declares the usual 10% profit for the year. • Price up slightly: 110
1920:Durant motors • Company is slow starting, it fails on loan to City Corp Bank • Price down: 70
1920: Midland Power • Midland extends its power lines west, to Michigan and Wisconsin. New area means new profit • Price Up: 120
1920: K&P Railroad • Federal government deregulates the railroad, gives K&P free tracts of land in the Midwest. • Price Up: 120
1920: Tel-Tone • Dial phones installed in parts of New York City. They expect Millions of new phone users. • Price UP: 150
1921: Kroger • Federal government passes a tariff (increases taxes) on imported food from Europe. Kroger benefits. • Price up: 100
1921: Radio Corp • First radio station KDKA begins broadcasting in November. Sales of new models improve. • Price Up: 110
1921: Mammoth Oil • Oil Lease in Teapot Dome, Wyoming leads to HUGE profits. • Price UP!: 140
1921: City Corp • Business as usual. Up 10% again • Price up: 120
1921:Durant motors • Sales depressed as competitor, Ford, produces “Model T” very cheaply. • Price down: 60
1921: Midland Power • Competitor, Commonwealth Edison begins to rise. • Price down: 110
1921: K&P Railroad • Company expands into southwest mining area. Profits rise. • Price up: 130
1921: Tel-Tone • New Dial technology leads to more success. • Price up: 160
1922: Kroger • Merger with eastern food chain leads to more stores and higher sales! • Price WAY UP: 150
1922: Radio Corp • 15 new patents purchased. Sales improve. • Price up: 130
Company continues rise, hottest stock on the market! Price up: 160 1922: Mammoth Oil
1922: City Corp • US Foreign Debt commission begins talk of repayment of French and English loans to American Banks. • Price up: 130
1922:Durant motors • Durant car sales are depressed as Ford mass produces cars using an assembly line. Durant is behind the times • Price down: 50
Fianacial genius Samuel Insull’s shady business deal allows Midland to take over Edison Power. Price up: 125 1922: Midland Power
1922: K&P Railroad • Price rises as agricultural (Farm products) shipments from Southwest begins • Price up: 140
1922: Tel-Tone • Due to more widespread use of the telephone, this company shows the greatest increase of any on the market • Price up: 170
***news flash*** • Business friendly president Warren Harding dies, replaced by Calvin Coolidge. • Stocks suffer as unknown new president “Silent Cal” takes over.
1924: Kroger • Corn suffers a crop “Blight”. Agricultural prices lower, causes stock to suffer. • Price down: 140
1924: Radio Corp • Price: new models well received by the public. Sales BOOM! • Price up : 142
1924: Mammoth Oil • Teapot dome SCANDAL breaks! Congressional investigation of oil leases finds bribery and fraud! Secretary of interior Albert Fall arrested for fraud. • Price down 40
1924: City Corp • Company announces another good year. Business as usual. • Price: 140
1924:Durant motors • Powerful Du Pont family begins to buy large portions of Durant stock. • Price Up slightly: 60
1924: Midland Power • Insull announces dividends (profits from stock) will not be paid for one year as a result of Edison merger. • Price down: 100
1924: K&P Railroad • Reason: Competition from the new trucking industry. Profits down. • Price down: 130
1924: Tel-Tone • Company announces completion of a merger with several East Coast companies. • Price up: 180
1926: Kroger • Company begins buying fresh fruit from California. Profits up… • Price up: 155
1926: Radio Corp • Government statistics show over 200 new radio stations open in 2 year period beginning in 1924 • Price up 160
1926: Mammoth Oil • Company still hasn’t recovered from Teapot Dome scandal • Price down: 30
1926: City Corp • French government begins to pay back WW1 loans. Stock Jumps • Price up: 160
1926:Durant motors • Fisher body company joins Durant in a merger. • Price up: 70
1926: Midland Power • Cryus Eaton of Cleveland Power co. maybe trying to take over Midland power. Proxy fight may begin. • Price: 130
1926: K&P Railroad • Profits from Southwest expansion not panning out. • Price down: 120
1926: Tel-Tone • Bell Telephone makes an offer to buy the outstanding stock from the company, price jumps • Price up: 200
1927: Kroger • Company begins opening markets in most major east coast cities. • Price up: 175
1927: Radio Corp • Over 700 stations now exist. Sales excellent. • Price up: 160
1927: Mammoth Oil • The owner of Mammoth renames the company “Sinclair Oil” and issues new stock. • Price up: 45
1927: City Corp • Profits up, business good… • Price up: 170
1927:Durant motors • Louis Chevrolet is hired to design an inexpensive car to compete with Ford’s model T… • Price: 80
1927: Midland Power • Cyrus Eaton begins dumping large blocks of midland stock on a depressed market • Price: 90
1927: K&P Railroad • Flood Damage causes railroad to lose money • Price down: 110
1927: Tel-Tone • The company is taken over by Bell System • Price: 220