Word: market
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Dates: during 1920-1929
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...Taft as the ablest lawyer in the world, it would be possible for him to bring to the office of President qualifications rarely given the ordinary individual. The wave of unrest in the agricultural and the industrial centres of the land may be traced to the glut in the market, resulting from inability of the American Public to absorb the output of America...
...Surprise was expressed that the bonds should be paid off without recourse to fresh borrowing. An agent of the Banco di Roma was able to explain the mystery. "Italy's financial condition," said he, "is continually improving. The Kingdom would find no convenience in again resorting to the American market because there is plenty of money at home...
...luxuries. In consequence, the tea business entered a disastrous slump. About $225,000,000 British capital is invested in the tea industry; some 400 growers in India and Ceylon are financed in London; and about two-thirds of the world's crop is sold in the Mincing Lane market in London. The British made up their minds that if Russians could not buy tea, somebody else must. They subscribed $2,000,000 for publicity and advertising, to increase tea-drinking. Just now their persistence and foresight is being rewarded...
...these activities, if true, are small beside Mr. Durant's market operations while he controlled the General Motors Corp. in 1919. At one time his fortune was stated to be $100 million. The smash in stocks beginning in November, 1919, wiped out most of this, and Durant was compelled to sell out his control of the General Motors Corp. to a banking syndicate. But the genius of Chevrolet soon organized his own auto company, and is said to have done well in its shares on the Curb. In 1921-22 he "came back" in Wall Street by making...
...thing the Board of Trade's grain market has undoubtedly succeeded in doing this year is to absorb without visible effort the large amounts of grain dumped on it this spring and summer. Leading Chicago grain brokers declare that any other system of grain marketing would under similar circumstances experience violent breaks in prices, and point to this year's operations of the Pit as conclusive evidence that the Board of Trade markets are efficient and indispensable...