Word: marketeers
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Dates: during 1930-1939
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...both the large and small investor this study should serve as a valuable bandbok. Mr. Shaffner clarifies the present market situation and realizes an attempt to warn today's investor of the pitfalls which confront him. His recommendations form a minor part of the book, the greater portion being taken up with a critical analysis of prevailing corporate practises and investment theories, but they seem substantially accurate and well-founded...
...Once a week "the resident pupils" were taken on field trips, also any day girls whose parents approved. Among the places visited and reported on were: Ellis Island, Washington Market, churches, banks, skyscrapers, the Juvenile Court, City Hall, The National Biscuit Co. plants, a silk stocking factory, the Botanical Gardens, the Henry Street Settlement, a large hotel kitchen...
...Wisconsin's Supreme Court ruled that anyone may name a cigar after the President, use his picture on the box. Reversing a lower court ruling by which a Milwaukee manufacturer had been enjoined from producing a "Franklin D. Roosevelt" cigar because another firm had got one on the market ahead of him, Chief Justice Marvin B. Rosenberry declared: "The fact that it is in poor taste and shocks our sense of propriety . . . does not make it illegal or unlawful...
...matter who produces raw materials, they must be sold in the open, capitalist market-in other words, they must be sold for profit. If they are priced too high, they cannot be sold, and the price will have to drop. What good will it do Italy, Japan and Germany to control colonies and supplies of raw materials? Japan excepted, none of them has sufficient capital to develop colonial industries. Yet each is prepared to squander millions on colonial wars, to obtain goods they can already get, from countries with years of experience in producing them...
Even in a stock market buoyed with business recovery and inflation prospects, it is possible for the unwary investor to get his fingers burned. If, for example, a market-follower had bought 100 shares of American Can on Oct. 22, 1935, he would have invested $14,962. A corresponding flyer in Continental Can on Nov. 20, 1935 would have cost $9,925. As last week's market closed, 100 shares of American Can were worth $12,300 and 100 shares of Continental Can were worth $7,900. On the two investments, the buyer would...