Word: hocked
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Dates: during 1940-1949
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...Kissing your hand may make you feel very good, but a diamond bracelet lasts forever." Thus wrote Anita Loos (Gentlemen Prefer Blondes} in the speakeasy 1920s. Since then the U. S. diamond market has faded away like hocked bracelets. Aiming to get it out of hock again, N. W. Ayer's advertising agency (which holds the account of Kimberley's De Beers diamond syndicate, biggest in the world) last year decided that the somewhat flawed diamond trade needed association with the higher things of life...
...other big disappointment was a war-baby issue - Boeing Airplane Co., which has given balding, brusque & burly President Philip Johnson plenty of grief as a result of its costly development of four-motor planes, is $4,740,000 in hock to RFC. Of 360,979 shares offered stock holders at $16 a share (mainly to repay the loan), last week 88,248 were still un subscribed and went on public sale. The stock was quoted on the market at 15 and a fraction, but some individual syndicate members were offering wholesale blocks of it at 15, even 14, finding...
...world's new diamonds lies in a dull, grey building at No. 8 Charterhouse Street, London, offices of Diamond Corp. and its subsidiary, Diamond Trading Co. There, on an upper floor, the lords of Britain's cushiest monopoly linger over luncheons washed down with fine hock, occasionally notify their approved customers (and them only) that their application for a "sight" (buying visit) has been approved. "Sights" are no occasions for unbending. Customers look over parcels of stones, good and bad, take all or none, and take them at Diamond Corp.'s price. Widespread among buyers...
...Cambridge and Yard Police and John M. Cochrane '43 are now on the lookout for a person responsible for a Yard robbery which left the Freshman without his only timepiece for three days and permanently without his week's allowance, which he used to get the valuable out of hock...
...beer-loving Germans, Hermann is a delight. Besides putting away quantities of champagne, burgundy, hock, whiskey, brandy and assorted liqueurs, he quaffs beer by the quart out of huge stone mugs. He will paw nearby females with hearty indiscrimination when carrying a load of Pilsner...