Word: marketer
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Dates: during 1920-1929
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Then, four days later, a thing too big to be called a "pineapple" failed to explode in the South Water Street market when wet snow snuffed out its sputtering fuse. It contained 17 sticks of dynamite, enough to wipe out an entire city block...
...assistant court clerk and Mr. Brickley's counsel were all Harvard men. Said Mr. Brickley to the judge: "I want to thank you for the fairness and consideration shown me during my trial. I am very sorry that anyone lost money through my trading in the stock market, and if the wheel of fortune ever turns my way again I hope to be able to pay back all my obligations...
...usual near any peak of stock market enthusiasm, an oracle of immense prestige dramatically crowed at the precise moment when the market needed a cheery word to carry it into still higher price area. In July 1926, Thomas Cochran, Morgan partner, was interviewed the midnight he sailed for Europe. He was said to have said that General Motors "should.and will" go 100 points higher...
...word. He was reported as saying that General Motors stock should be selling at $225 a share. It was then selling at $187.25. It shot up to $199, and in two hours of trading the shares of his corporation increased $47,850,000 in value, making an aggregate market value for the company of $3,306,000,000, another record gone. (U.S. Steel's stock is worth...
Chicago finance has its delicacies of shade no less fine than those of Manhattan's stock market. Example: last week's "corn & hog parity" got alarmingly out of line. Dollar a bushel corn equals $10 per cwt. hogs or something is wrong in the stock yards. Corn for May delivery passed $1.03¼ a bushel whereas hogs "at Chicago" sold from $6.65 per cwt. undressed. Foreign corn demand has made golden maize too dear for U. S. pigs to eat & grow fat. The pigs must die lean & cheap. Overproduction of litters, weaned on high priced feed, plus...