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Has Wall Street found this year's winner?
- Source :
- BusinessWeek; 4/12/1969, Issue 2067, p121-122, 2p
- Publication Year :
- 1969
-
Abstract
- The article reports on the move of mutual fund managers in Wall Street, New York City in determining rising earning curve by getting into mortgage investment trusts. It states that money men suspects that the rising stock price can give the company the means to increase earnings per share. It notes that the success of mortgage trusts turns partly on the soaring rates for construction and development loans. However, if enough trusts begin calling for prime loans, those rate could fall.
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 2067
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 57661973