Word: boarding
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Dates: during 1930-1939
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This little ditty, no less than 60 years old, is one of the meatiest definitions of short-selling ever penned. Last week as trading in May grain contracts drew to a close on the Chicago Board of Trade, the economic profundity of the Gould definition was clearly demonstrated once again. Speculators had sold corn they did not own for delivery on the last trading day in May. Of course, the speculators hoped that in the meantime they could buy back the corn they had sold at lower prices. But instead of going down corn went up, up, up. By last...
...months through last March corn imports from the Argentine amounted to 42,000,000 bu., more than three times as much as in the same period the year before Plenty of Argentine corn was available last week but it was not deliverable in fulfilment of May contracts on the Board of Trade...
...Elected to the board of the New York Central R. R. at its annual meeting in Albany, N. Y. was Thomas Jefferson Coolidge, new chairman of Boston's Old Colony Trust Co. and a member of that exclusive group of successful young men who served the New Deal only to part with it over fiscal policy. Others: James Paul Warburg, Dean Acheson, Lewis Douglas...
Their sympathies aroused by the removal of 4,000 Basque refugee children from Bilbao to England last fortnight (TIME, May 31), a group of U. S. liberals revealed last week that they had formed an American Board of Guardians for Basque Refugee Children and were planning to import 500 young Basques to the U. S. Leaders in this movement of mercy were onetime New Dealer Gardner Jackson, New York's representative Caroline O'Day, Retiring President Mary Emma Woolley of Mt. Holyoke College, Professor James Thomson Shotwell of Columbia University. A French ship was reported...
...recovered $1,600,000 in property, and counted on $400,000 more, which Dr. Machen's church had tried to take with it when it split off from the parent body. And to Dr. Foulkes, 59, big, well-beloved leader of youth, writer of hymns and Presbyterian mission board member, there went without fuss the office-moderator-ship of the General Assembly-which year after year is handed around among members of the inner circle which runs the Presbyterian Church from...