Word: firms
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Dates: during 1930-1939
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Unlike most investment houses, the Wall Street brokerage firm of Carl M. Loeb, Rhoades & Co.. dealing largely in securities and commodities, last week chose to be optimistic. Reckoning that inventories are now notably depleted and that the slump has been accentuated by the advancing of the Automobile Show from January to November, it noted in a memorandum to customers "that business has actually been doing better during the past two or three months than is generally believed and that there may be some upturn in industrial activity during the ensuing months...
...names attached to accounts which they have written and forwarded to their superiors. These tell of countless cases in which the prestige of the white man in the Orient was still sufficient at Nanking during the worst days for a judicious word, a stern remonstrance or a gentle but firm use of physical strength to do much. More than one Japanese soldier, raping a Chinese woman in broad daylight in the streets of Nanking, was chased off by a white...
Reader Dohr does a notable job of muddling Lewis Brown's notable simplification. Mr. Brown is not yet far enough ahead of general accounting practice to carry his firm's stock on its balance sheet at market instead of book value. If he had followed the professor's advice he would have had to say "This is what we will be worth if the people who buy and sell in Wall Street are guessing right about our future earnings...
...concessions to Labor; 2) coercing his political enemies of the Right into abandoning some of their opposition. Last week the workers appeared in an unorganized way to be again trying to drive and lead Léon Blum, who now heads his second Popular Front Cabinet and was encountering firm opposition last week in the Senate. The workers were by no means under the leadership of Communist Thorez, but he bid violently for that leadership last week by demanding a nationwide General Strike...
...York Stock Exchange were to expel its biggest member firm, the act would be comparable to what happened last week on the Chicago grain exchange. Charging that it deliberately manipulated prices and attempted to corner corn futures last September, the Chicago Board of Trade expelled from membership Cargill Grain Co. of Illinois and its three top officers. Cargill Grain of Illinois is a subsidiary of Cargill Inc., generally accepted as the largest grain elevator and merchandising enterprise in the U. S. Snapped the Board of Trade: "Today's action is final and is not subject to review...