Word: marketer
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Dates: during 1920-1929
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...sold 50,000,000, were apparently on the short side to the extent of 30,000,000 ounces. No El Dorado but an El Argento is China. It is the only important country on a silver basis currency. For many a year it has been one of the chief markets for U. S., Canadian, South American silver. But lately silver prices have decreased, the Chinese market slowed. Reasons: overproduction of silver in the U. S., Mexico. Then, too, India, once a great Chinese silver buyer, has been selling instead of buying. France and Belgium in the last two years have...
...Reynolds, it was not designed to speculate in securities but was established primarily to assist Continental-Illinois' 40,000 commercial customers. Said Mr. Reynolds: "There are innumerable instances where a company is not entitled to commercial bank credit . . . and is in no position to go to the securities market. . . . Yet it is entirely sound and worthy of banking cooperation. . . . We know from experience that there is keen need for this additional banking service, that it is entirely sound and extremely lucrative. . . . There will be [in Continental Chicago Corp.] nothing of the speculative activity in which many of the present...
...that the law requires tourists to declare "the full foreign value" of merchandise bought abroad. Tourists ordinarily know but one foreign value?the price they paid?and almost invariably set down and pay duty on the retail price. Yet the law defines the full foreign value as "the market value or the price . . . in the usual wholesale quanti- ties." Every businessman knows that the average retail price is about 50% greater than the wholesale price, yet tourists commonly pay duty on the former...
...their sources of raw materials and also operate chain store systems through which their finished products reach the consumer, the merger represented one of the largest and most integrated of the world's provision trusts. Combined capital of the two companies is $301,000,000; their shares have a market value of $800,000,000. The merger (effective Jan. 1, 1930 on a share-for-share basis) will involve "no alteration in conducting the business of either or- ganization...
...Francisco's tough district is south of the old cable slot on Market street...