Word: market
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Dates: during 1930-1939
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There are innumerable varieties of surface waxes on the market; the ones the following: that I have found the most suitable...
...market in which there is such an enormous public interest-in which not only 300,000 small traders but 10,000,000 investors have a stake, it is essential that no element of the Casino be allowed to intrude and that all such elements be obliterated...
...Here we see how extensively the members tend to concentrate their activities in the stocks which are so-called market leaders-stocks the price movements in which undoubtedly have a tremendous effect upon the general trend of prices. . . . These figures as a group are a challenge to the validity of the common assertion that the existence of the specialist and the floor trader is justified on the basis of their stabilizing influence on the market, and their resultant benefits to the members of the public who enter the market...
...problem of the permissible field of operation of the professional trading member on the floor of the Exchange for his own account is one which has long pressed for solution. . . . Any study of our markets over the past twenty-five years will reveal that there has always been present a tendency upon the part of the professional trader to accentuate a declining market by selling short for speculative profit at a time when public distress adds a factor of demoralization...
After Wall Street had sizzled for a week at these cracks and all their implied threats, President Gay unburdened himself of a polite but very generalized reply. Excerpt: "I do not contend that the recent decline in market prices is to be attributed to the condition of the market to which I called attention, or indeed to any single cause. I would be less than candid, however, if I failed to say that recent market developments have confirmed my belief that in the interests of the public and the investor the question of what are wise restrictions upon the scope...