Word: firming
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Dates: during 1930-1939
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...prospect of an immediate strike of all bituminous coal miners. The hour & wage agreement which President Roosevelt helped negotiate in 1933, was due to expire at midnight, March 31. In Washington, operators' and miners' committees had been deadlocked over a new contract since mid-February. Operators stood firm for a one-year extension of the current contract. Miners, in the person of United Mine Workers' shrewd, hefty President John L. Lewis, wanted hours cut from 35 to 30 per week, wages upped from...
...control of Chicago, Rock Island & Pacific, whose 8,330 miles of line far exceeded Frisco's 5,859 miles. For James ("Jimmy") Speyer, the shrewd, dapper, little 73-year-old banker who, for all practical purposes, is Speyer & Co., that deal proved highly profitable. From commissions and the firm's own speculative commitments, Speyer & Co. made no less than $1,900.000. For Frisco, however, the deal was disastrous. What was more, Mr. Brown did not even bother to tell his directors what he was up to until his plans were virtually completed. Frisco invested...
...Whitney has headed the official slate, and his nomination has never been seriously opposed. But Wall Street dopesters were convinced last week that the nominating committee will not name President Whitney for a sixth term. Its choice will apparently be Charles R. Gay, senior partner of Whitehouse & Co., oldest firm on the Exchange (founded 1828). And what had turned the Floor into a hustings was the prospect that President Whitney would break all precedent by running for re-election on an independent ticket...
...when most of conservative Paris thought they were madmen. Dealer Durand-Ruel risked his fortune and his artistic reputation on Manet, Monet, Renoir, Sisley, Pissarro, Cézanne, Degas, with the result that almost every one of their canvases has passed at one time or another through the firm. The cellars of Durand-Ruel et Cie in Paris and New York still contain untold treasures of their works...
...Nominated to succeed U. S.-born Leon Fraser as president of the Bank for International Settlements, rallying point for sound money, was Dutch-born Dr. Leonardus Jacobus Anthonius Trip, president of the Netherlands Bank, firm believer in the gold standard...