Word: marketeers
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Dates: during 1930-1939
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...Mexico was faced with another period of money shortage. Germany had lately been buying some $2,000,000 worth of expropriated oil a month up to September 1. The Mexican Government missed the cash. The manufactured goods Mexico had been getting from the Reich she stopped getting, leaving the market to the U. S., with which Mexico is reluctant to trade. Then there was trouble about the nine refugee ships in her harbors. Their radio rooms had to be sealed, their crews watched. Up to its ears, the Mexican Foreign Office, which usually gives a diplomatic reception on Independence...
...Stout to set up shop under his wing. As Ford protege, later as an independent, Inventor Stout: 1) built the famed Ford tri-motor plane, 2) organized one of the first commercial airlines (Detroit-Cleveland, Detroit-Chicago), 3) designed the "Scarab," first U. S. rear-engine car on the market, 4) designed one of the first high-speed, gasoline-driven streamliners, 5) netted more than...
Last week U. S. publishers were reassured. The Newsprint Association of Canada announced that its mills could meet increasing demands, were pledged to abstain from profiteering. A few days later mighty International Paper Co., whose price usually guides the market, said that until next spring newsprint would continue to sell...
Before war came, Federal Reserve officers had convinced most big city bankers that they would ruin their banks by liquidating their Governments, which would really break the market. A good many other holders felt otherwise, decided to free their funds for more profitable war boom uses. By the end of the week, an estimated $350,000,000 of Federal Reserve money had been poured in to support the market and the average price for all Treasury bonds was over 5 points below their 1939 highs (an immense loss for Governments, which usually rise or fall by 32nds). But the market...
...became President of the New York Stock Exchange in July 1938, steady, youthful William McChesney Martin Jr. went on the air, more to sound a warning to reckless speculators than to felicitate brokers on sudden prosperity. Said he: "The Exchange . . . requires that every company listing securities on this market provide essential information as to its operations, earnings and financial condition in order that this may be available for the investor. May I appeal to you earnestly to avail yourself of this factual material...