Word: bulking
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Dates: during 1930-1939
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...biggest problem is not merely to stabilize exchange but to find it. For much of the trade given last year to the U. S., Latin Americans got the bulk of their credits from sales of wheat, coffee, meat and other agricultural products to Europe. Today, with the German market gone, and the European neutrals hamstrung by the war's disruption of shipping, Latin America has to find somewhere to sell her goods in order to get money to buy from the U. S. For the present the war needs of the Allies will help fill...
...chasing Mr. Dies expected the huge over-all total to betray payments from Moscow, he was disappointed. Communist Party units and affiliates are continually making up each other's deficit, have many unsegregated personal and Party deposits. Evidence that the bulk of these Party funds came from dues and contributions in the U. S. was so convincing that the committee lost interest. Yet the Party did not care to have its members know just how much it grosses. In discussing this committee hearing, its Daily Worker in Manhattan printed none of the totals, continued to beg readers to turn...
Timed to the minute came a story from Berlin: Hitler, Stalin and Mussolini would propose peace. German divisions released from the Polish front, together with the bulk of the German air force, would be sent to the German-Italian frontier-prepared to move across Italy with Italian troops if France refused peace; prepared to move against Italy if Italy refused to offer...
...member bank rate (1% in New York, 1% elsewhere). Meantime, the Federal Reserve bought Governments on the New York Stock Exchange. It did such a rushing business that the Exchange allowed trading in Governments to continue 25 minutes after closing time. For that day at least the bulk of trading in Governments returned from the over-the-counter market to the Exchange. Sales jumped in one day from $411,000 to $8,170,000 as the Federal Reserve took all open, offers preserving an orderly market although prices declined to more than 1 points...
...late, great James Couzens of Michigan had two pet political ideas: Federal taxation of tax-free securities (which made up 98% of his $34,000,000 estate) and municipal ownership of Detroit's street railway. When U. S. Senator Couzens died in 1936, the bulk of his income was still free of taxes (and would still be today). But his municipal ownership idea had long since borne fruit...