Word: exportable
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Getulio Vargas rumored that he would peg the milreis to the dollar. Close second last week to the increasingly almighty dollar was the French franc. Turkey, which has quoted foreign currencies on Istanbul exchange in British pounds, switched all quotations into francs. Bulgaria and Rumania switched to francs for export-import business quotations. Czechoslovakia, which has quoted her goods in pounds for export, quoted proudly last week in the stable Czechoslovakian crown. Since the U.S. holds 44% of the banking gold (more than twice as much as France) rivalry between dollar and franc last week was not serious. Shipping lines...
...somehow be cured by tampering not only with the standard but with gold itself as a monetary medium crystalized at a meeting of prominent British merchants. Chief speaker: Sir Hugo Cunliffe-Owen. Sir Hugo is tall, staccato, persuasive. As chairman of British American Tobacco Co. Ltd. he has intimate export contact with that half of the world where coin is not gold or gold-backed paper but silver, the East. Roundly Sir Hugo declared that the gold standard countries of the West must increase the purchasing power of silver (now at its all time low) in order to release...
...nature of an attractive afterthought, President Swope included in his plan "a provision ... to place domestic corporations of the sort described on a parity with foreign competition." Companies exporting might deduct from their Federal income tax the equivalent of X percent of its export sales, "this X percent deemed to be the equivalent in selling price of the various provisions for the benefit of employes which the company must make under this plan and from which some foreign companies which the domestic companies have to meet in competition are free...
Copper sold last week at 7?, spot; 7¼? future deliveries; 7½? export price to European base ports...
...hold up the domestic price. Mr. Clayton then had his foreign agents induce spinners to buy heavily as a good investment, with the result that 15% of the 1926 crop was moved by the Clayton firm. At last week's White House conference a plan was under discussion whereby export credits might be established...