Word: market
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Dates: during 1930-1939
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...About 14 months ago I called attention to the need of keeping our financial fire-fighting apparatus in order. Since then the stock-market has advanced considerably, and I think the warning is still in order...
...less than 9½? to 10? per lb., wool from 92? to $1.01 per lb. In London, where one can speculate in dried flies and ant eggs, an all-time high was set for copra. The New York Journal of Commerce reported a rise in balsam copaiba, a tight market in gum benzoin and "no sign of any relief in the shortage of eucalyptus...
Completed last week by the young New Orleans cotton house of Tullis, Craig & Co. was one of the smartest cotton market operations in many a moon. It was not a spectacular coup. Indeed Partner Garner H. Tullis tried to pooh-pooh accumulating gossip with a signed statement: "I wish to state in regard to the so-called operations of our firm in December that the entire story has been greatly exaggerated both in magnitude and effect...
Weeks ago, foreseeing a shortage in good grades of spot cotton, Tullis, Craig started to buy December contracts, which are contracts calling for delivery in that month. In the normal course of trading on a cotton futures market, little if any lint is actually delivered. Those who sold cotton short either as a hedge or as a speculation simply buy back their contracts, bringing everybody out even without the bother of handling the staple at all. Messrs. Tullis & Craig, however, demanded real cotton. This they had a perfect right to do, but when the word first spread through the trade...
...lifetime of original research and the application of a fresh approach to one of the most perplexing of U. S. historical problems. By no means easy reading, the books contain an abundance of statistics, detailed records of shifting English colonial policies, explicit accounts of those lawsuits, moral problems, market prices, class struggles and boundary disputes that filled the lives of God-fearing U. S. forebears. Major innovation is in the point of view. "To discover what our colonial history is all about," Professor Andrews has studied it. not as U. S. historians have traditionally done, from the viewpoint...