Word: marketeers
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Dates: during 1930-1939
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...binder, prevents stretching and cracking. Extra cost of the binder is $750 per mile, which, experiments in other States show, should be returned later by decreased maintenance bills. Cotton men believe that when highway commissions get over their scepticism 2,000,000 miles of secondary (''farm-to-market") roads will be found suited to cotton treatment, consuming 13,000,000 bales...
...against the Securities & Exchange Act. In his own bailiwick President Gay lifted the cloak of surly secrecy which had always surrounded even the most trivial Exchange affairs. He submitted graciously to innumerable interviews. He stumped the land hammering home his simple thesis: the New York Stock Exchange is a market place, nothing more...
...predicting that stock prices will become inflated. I recognize however, that the stockmarket provides an inviting field. . . . Here we can have inflation in an insidiously pleasant form, under the guise of visible, day-by-day 'profits.' . . . Like a thin spot in a tire casing, the stock-market might conceivably become inflated the more, because of the inflexibility of other parts of the structure to which inflationary pressure is applied...
...Jones knew perfectly well that the public would never buy new 4% Central bonds when they could pick up old Central issues in the open market that would yield them 4¾%. So he proposed to sweeten the new bonds with the privilege of converting them into Central common stock at $25 per share. Since Central stock once sold above $200 per share, this conversion feature was calculated to give the bonds a pleasant speculative flavor...
Having no organized market, wax is handled by a group of Manhattan importers. Because prolonged rains reduce the carnauba's need for hoarded moisture, the wax crop varies widely from year to year. This year the rains came early, stayed late. Result is a delayed crop, a rise in price per Ib.-now 38?, almost four times that of the 1932 bottom, but far short of an 80? peak price in 1918. Few U. S. waxmen agree with Johnson's President Johnson that there is a serious shortage...