Word: bidding
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...staged the puppet show that amused the world last week. One by one Germany's battery of stooges-Rumania, Croatia, Slovakia, Italy and Bulgaria-announced they would recognize Japan's Wang Ching-wei and his marionette Government in Nanking. Germany did likewise. This was Germany's bid for Japan's help, or at least good will, in the Russo-German...
Chief reason for this misfortune was a head-on collision between an SEC ruling and a New York State law. SEC, presumably to assure the highest price on each type of security, had ruled against "basket bids," insisted that bonds and stocks must be bid for concurrently but separately. New York State law says that a utility cannot sell capital stock for less than par. And the company's 5% rate on the new preferred was so low in relation to similar issues now on the market (Consolidated Edison's 5% preferred was selling just below par) that...
...furniture hardware, has cut down from three shifts to one, faces complete shutdown as zinc rationing tightens. Its general manager, Samuel Strasser, has been to Washington for defense business, has written to hundreds of prime contractors. Only result: an invitation from Detroit's Defense Contract Service office to bid on two British fuses. Yet the company has 200 machine tools (only eight of them usable for the fuses), a trained engineering staff, 16 tool & die makers, plenty of plant space for defense work...
...supply & demand, coffee has been moving up on all fronts at once: stocks, imports and price (see chart). So Leon Henderson called to his deskside the men who live by coffee. He knew that a number of leading operators had been wisely stocking up, while small fry, caught short, bid up the price. He proposed a Government inventory of all coffee, and even asked the big fellows to release stocks and correct the maldistribution. The meeting was unwieldy, and broke up with little done. Henderson's next step would normally be to fix all coffee prices by fiat. That...
Longest-range solution has been hit upon by farmers themselves: mechanization. Sales of agricultural machinery are up 20% this year, bid fair to set an alltime record by year's end. To help farmers buy still more machinery, the Agriculture Department has lined up with the farm implement industry for preferred treatment on the materials (steel, aluminum, nickel, etc.) the industry needs. But one shortage always breeds another: in Illinois last week, farm equipment dealers complained that they couldn't keep enough good service men to make repairs...