Word: marketers
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Dates: during 1920-1929
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...good turkey year was 1929 with its mild winter and dry summer. Husbandmen throughout the land raised the largest flock in a decade. Last week as the fowl began to move to market for the Thanksgiving trade, a surplus threatened. Retail prices in New York City, where 12,000,000 Ibs. of turkey will be consumed before Dec. 1, slid down to 50? per Ib.-15? under last year's price, with poultrymen fearful of further declines before...
...news, cost $75 per ton. Today it costs $62 per ton. The decline in price is cited as the reason the newsprint makers, notably International Paper Co., have been going into the business of selling waterpower to make a side profit, and buying newspapers to ensure their market (TIME, Apr. 22, et seq.). The possibility of a price rise was cited by the American Newspaper Publishers' Association, convened last week at Asheville, N. C., as a potential menace. Said the publishers...
...were sold early in the slump and most of the remainder were sacrificed at even lower prices later in the slump week. At the time the Holy See gave no sign, unless an article in the Papal daily L'Osservatore Romano could be called such. In an article flaying "Market Vampires and , Exploiters," Editor Count Dalla Torte lamented that "the fate of the great world of investors is left to the caprice and enchanted power of a handful of men who caused the world to be shaken between 10 a. m. and noon." No libeller, the Count did not name...
Typical also were the capacity crowds which last week, while a sinking stock-market thinned most theatre audiences, filled the Civic Repertory Theatre. Situated on drab 14th Street, it is theatrically "downtown" (28 blocks below Times Square), a dilapidated structure with a facade of fire escapes, balcony pillars obstructing the view, and an unusually oppressive heating plant. It offers few conveniences either to audience or actors except vast, barnlike spaces in which many sets of scenery may simultaneously be hung. Yet last week, and every week this season, it was jammed. It was Mrs. Hoover's first choice...
Public confidence was helped when the Stock Exchange requested its members to report details on all sales and short stock, a privilege not used since the War. Although there is of course no legal wrong in selling short, few big operators would care to be exposed as "raiding the market," especially in a period when a decline might carry along U. S. prosperity. And if the "bear pool" were found to be an actuality, disclosure of its identity would enable powerful bulls to determine exactly how much pressure would be needed to destroy...