Word: marketeers
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Dates: during 1930-1939
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...this instance, the lag of commercial exploitation behind laboratory research was remarkably short. Indolebutyric acid, one of the Boyce Thompson stimulants, has already been placed on the market by several manufacturers as a root stimulator for cuttings. Merck Chemical Co. sells it as "Hormodin A" at a price of $2 for 15 cubic centimetres, which, diluted upwards of 6,000 times, is enough for about 1,500 cuttings. Pennsylvania Chemical Corp. markets it under the name of "Auxilin" at a price of $1 per half ounce. The prospect is that in ten years the nurseryman who neglects to stimulate...
...stock market dropped an average of seven points on major issues yesterday...
...since Thomas Montgomery Howell tried unsuccessfully to corner corn six years ago has the Chicago grain market witnessed such a knockdown battle as took place last week. Though the nation's corn bins will soon overflow with the biggest corn crop since 1932, corn supplies last week were very low because last year's carryover was the smallest of this century. With deliveries of September corn futures due on Sept. 30, longs had the best opportunity in many a harvest moon to soak shorts...
...Chief J. W. T. Duvel cracked back with a stinging rebuke : "Every time there is a price rise or fall, there is an outcry from those who lose money." Two days later, however, having already tripled margins and taken the unusual step of ordering traders to reveal their market positions without easing the strain, the Chicago Board of Trade suspended trading in September corn, ordered all deals settled at a price of $1.10½ a bu. It was the first time since 1918 that such emergency action had been necessary to halt a corn squeeze...
...declared his conviction that traffic-regulating signs are dangerous because they tend to confuse drivers' minds. Publisher David Stern's pink Philadelphia Record editorialized: "The next time Mr. du Pont sponsors a political organization that is opposed to government regulation of the power industry, or the stock market, or the monetary system, remember that Mr. du Pont also is opposed to traffic lights...