Word: marketeers
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Dates: during 1930-1939
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...ought to do. ... Thousands of ponds or small reservoirs have been built. . . . Thousands of wells have been drilled or deepened; community lakes have been created and irrigation projects are being pushed. ... In the Middle West . . . work projects run more to soil-erosion control and the building of farm-to-market roads...
...maintain pretentious football teams. Atlantic Refining announced that it had too signed up Temple, Duke, the University of Virginia, Cornell University, Holy Cross, Franklin and Marshall, and hoped to get more. University of Michigan signed with Kellogg Co. (corn flakes). Princeton and Harvard insisted they were not in the market for radio sponsors...
...market for platinum is controlled by the selling agencies of a few producers. The big producers in Canada, Colombia and South Africa sell directly to the trade and to jobbers through a handful of agents such as Johnson & Matthey of London and Charles Engelhard, head of Baker & Co. of Newark. Russia sells through Amtorg. With this small field of big sellers and an unorganized field of small buyers no one could tell whether the recent platinum boom was caused by a rush of buying or a reluctance to sell. Last week the air was full of conjectures. Least ominous guess...
Producers are holding platinum from the market, planning to use it as a hedge against inflation or as a speculation against war. International Nickel, said to have 60,000 to 100,000 oz. on hand, was reported in no hurry to unload at last week's high prices...
Under the agreement the stock was to come from the company's treasury. But did Scientist Kettering know, asked Inquisitor Schenker, that only 30,000 was thus withdrawn, that Messrs, Simonds & Thomas went into the open market to buy the other 10,000, thereby running up the price and improving their waterlogged position; that the stock for which he paid $6.50 per share was sold to them by the company for only $5.95. Inventor Kettering sputtered a shocked: "No!" There were some other things which Mr. Kettering evidently did not know about a venture into which he had sunk...