Word: marketeers
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Dates: during 1930-1939
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...Mother India is too poor for radio. In the whole peninsula no sets are manufactured, and imported receivers are subject to heavy duties. But India's ryot (farmer) needs radio. He gets news only from bazaar gossip on market days, loses even that source when impassable roads through the four-month rainy season keep him home. So for three years All-India Radio (controlled by the Indian Government) has been trying to figure out a broadcasting scheme to enlighten rural India...
...allowed Seaboard Air Line Ry., which is in reorganization, to finance 90% of a $1,671,000 equipment trust issue. Last week in a supplementary decision ICC let the Seaboard finance the other 10%. ICCommissioner Claude R. Porter dissented on the grounds that such a policy would impair the market for equipment trusts...
...Mexico under the export subsidy plan, Mexico will pay for the wheat with proceeds of its export tax on the silver its mines sell to the U.S. The U.S. Government thus pays the Mexican piper both ways-taking one loss by selling the wheat at less than the market price, taking another by buying the silver at an artificially pegged price...
...fully insured Cities Service, the fire was chiefly an inconvenience. To the petroleum industry at large it was something of a blessing-for at least 119,047 barrels of gas and oil were consumed, thus reducing the tremendous inventories which overhung the market...
...when the U.S. granted E.I. du Pont de Nemours & Co. a patent on a new product known as Fibre 66, which apparently has the elasticity rayon has always lacked (TIME, Oct. 3), chemists figured that silk might be on the verge of losing its only remaining big U.S. market-hosiery. Last week du Pont officials announced that they were considering sites for a $7,000,000 "textile yarn" plant, which will normally give work to about 1,000 employes. To the trade this meant that du Pont was ready to begin commercial production of Fibre...