Word: marketeers
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Dates: during 1930-1939
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Concluded Dr. Parran: "It is apparent that inadequate diet, poor housing, the hazards of occupation and the instability of the labor market definitely create immediate health problems...
...Showboat she was the modern note. Her House of Morgan was the nattiest in Manhattan's satiny nightclub belt. Last week in Philadelphia, plumper, still tousled, sad-eyed and sobby-voiced, Helen Morgan sang in three-a-day variety at cheap Fay's Theatre on Market Street. The matinee audience was unenthusiatic. "I got the bird," she reported, demonstrating with a lady-like version. "Only," she added, "it was worse, much worse. They had their tongues out, the bums...
...world's greatest securities market is not, as most people suppose, the New York Stock Exchange. Together that exchange and 21 others in various U. S. cities trade in a mere 7,000 security issues. But the vast, inchoate and little publicized U. S. over-the-counter market deals with no less than 55,000. The dollar volume of business it handles has been estimated as much as 300% above that of the exchanges, but no one knows how great it is. Nor does anyone know exactly how many "otc" dealers there are. On January 1, 6,883 such...
Since SEC's major purpose is to police U. S. security markets,* this ignorance, after three years' intensive study of the subject, might be surprising were it not that everyone admits that complete o-t-c regulation approaches the impossible. Congress was stumped by the problem while creating SEC in 1934 and purposely left the law vague. SEC ordered that all dealers register. Two years ago, after a majority had done so, it began a cautious supervision (TIME, Jan. 13, 1936). Last summer it issued a set of fair practice rules. But not until last week...
...Founder Bausch'< son, Edward, learned to fashion microscopes, and sell them, too, Bausch & Lomb began to prosper. Smart Edward Bausch established contacts with the famed German firm of Carl Zeiss in 1890 and before long Bausch & Lomb was using Zeiss patents with exclusive rights to the U. S. market. Shortly thereafter Zeiss bought one-fifth of Bausch & Lomb stock and warmed by increasing royalties from Rochester, began schooling Bausch & Lomb technicians in the laboratory in Germany...