Word: marketer
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Dates: during 1920-1929
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...model parts. Not a single crime, major or minor, has marred the dignity of their protest. Many a spinner, wearying of charity, has reverted to the occupation of New Bedford's colonial days. Borrowing or building a boat, he has gone fishing, bringing in a catch he could market in the city. Gravely, the strikers' womenfolk gather in the streets to discuss the day's events in a babel of tongues. Never has the U. S. seen such a rebellion...
...clubmen opened their mail, last week, with a start of surprise. They were used to advertisements of automobiles, investments, shaving soaps. But they were not used to elaborate, detailed advertisements of champagne. As everyone knows, bootleg champagne in the U. S, market is priced at $10-$15 a quart. These beguiling advertisements suggested the possibility of better-than-bootleg champagne for $2.30. Immediate reactions of cautious clubmen were: 1) It can't be legal; and 2) It can't be good. But the advertisement gave chapter and verse of the Volstead Act in defense of is legality...
...into call loans has become a popular feature of corporation financing. In the last year, the total of such loans has risen from $906,144,000 to $1,808,645,000. To the corporations, this practice seems both obvious and admirable. But to the paternal superbankers, guarding the money market, it appears highly hazardous, deeply disturbing. Last week, the issue became acute, the crucial phase of the war of the bankers and the speculators. Clear were the battle-lines. Corporations contended simply that 5½% or 6% is better than 2%. Bankers argued: 1) that the money market will never...
...Power in Wall Street stops to chat with his favorite newsboy and lets fall a hint that such and such a stock is cheap at the current market price, the newsboy has what is known as a "sure thing." If the boy generously lets a traffic policeman in on the secret, he unburdens himself of a "hot tip." If the policeman hesitates to act on the tip, decides first to read How to Invest Money Wisely, by John Moody, he is given the benefit of "financial counsel...
...more than Bancitaly has ever earned in a full year. Holders of Bancitaly's 5,200,000 outstanding shares may expect, if the same level is maintained until January, that the corporation will have earned $13 on each share, twelve percent on the present market price...