Word: marketeers
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Dates: during 1930-1939
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...Gage a favor for some Virginian friends trading with Fort Pitt at the top of the Ohio Valley. They wanted Gage to promise not to make a boundary shift that would throw a block of Indian territory across their route between Fort Cumberland and Fort Pitt and give the market to the Pennsylvanians, who were trading over a more northern route. His request, said Washington, "can give no offense to the Indians, nor any one else, unless there be People in the world, so selfish, as to aim at a Monopoly of those advantages which may follow a Trade...
...Saturday Evening Post was not founded by Benjamin Franklin, as blazoned from the Post's headband. Franklin died in 1790. The Post began publication, as a compendium of news and literary contributions, August 4, 1821, in a little printing shop on Philadelphia's Market Street which happened to have inherited Franklin's old hand press, a few fonts of his type and the goodwill of his defunct Pennsylvania Gazette...
...automobile industry or Metro-Goldwvn-Mayer from the cinema, the event would be more surprising but no more interesting to either business than Steichen's retirement was to his. During the past 15 years he has devoted a famous talent to the development of photography for the magazine market. His name was about the first to mean anything under a fashion photograph. Since 1923 his portraits of stage, screen, society, sporting people have made the most striking pages in Vogue and Vanity Fair...
...past has lent the B. & O. a total of $82,110,000. Last week, $79,842,823 of this debt was still outstanding and the RFC held as collateral securities worth $89,279,610 at the present market. In petitioning for an additional $8,233,000 loan-on this same collateral-to be due in 1942, the B. & O. announced that it had been unable to borrow from any other source and that "with these funds the company will be in a position to maintain its property to the present standard of efficiency, avoid the reduction in maintenance forces which...
Gerald Loeb is a reasonably rich man with a farm in Redding, Conn., and a mind far more liberal and articulate than most of his fellow brokers. In Wall Street he is noted because he writes E. F. Hutton & Co.'s market letters and because he espouses an unorthodox theory whose kernel is that investment as generally practiced is not as safe as intelligent speculation. This conception is unlikely to endear him to SEC interrogators but thus far has pleased his clients. In hectic September, 1929, just before ''the crash," Broker Loeb's market letter declared...