Word: market
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Dates: during 1930-1939
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...defiantly last week: ''Rumania is not Germany's vassal, nor is she a substitute for Germany's lost colonies!" Viitorul accused Germany of systematically buying Rumanian raw materials on credit, then turning around and selling them at cut rates for gold on the world market, thus adding to Germany's hard cash reserves, leaving Rumania holding German promises to pay. This game the Nazis have been playing all over southeastern Europe and in Latin America for several years. Said Viitorul: "We cannot afford to tie ourselves solely to Germany, wherefore we welcome Britain...
Next day ticker tapes, to which the augurs had returned, began humming. When the Stock Exchange closed at three, market followers totted up the day's business: turnover, 1,619,800 shares; net gains, 1 to 4 points a share. Day after, many stocks reached a new high...
...about 60? a bu. at the farm. The 1938 crop estimated at 967,000,000 but, will be the second largest on record, and Commodity Credit Corp. has set aside $100,000,000 for the loans. Purpose of the loans is to let farmers keep their wheat off the market until they can get a better price. Secretary Wallace chose the minimum rate permitted by the 1938 AAA, but wheat prices on exchanges promptly sagged as brokers figured the loan might actually turn out to be the maximum price, as occurred with last year's 9? cotton loans...
...price of wheat, last week 71?, falls below the 60? fixed figure, the Government must hold the wheat until the price rises. Thus it will be spending $100,000,000 or more to store the surplus, while foreign producers will have the world market to themselves by selling at the prevailing price. To insure the U. S. of a "fair share" of the world wheat business, Secretary Wallace would like the world's farmers to store their surplus wheat this year...
...thirst quenchers appealed to only a few U. S. citizens. Post-Repeal's more bizarre tastes run to such concoctions as orange gin, lemon gin and mint gin, products of London & Co., of Elizabeth, N. J., a distillery which has capitalized on the freak market. This year the company applied for a patent on "Liquorized Ice-Cream." As rich and thick as junket but tasting more like an Alexander cocktail, the mixture consists of 5% to 25% liquor (sloe gin, dry gin, rum, whiskey, cognac or Scotch...