Word: markets
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Dates: during 1920-1929
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Canada had an 8 cent freight rate advantage over the U. S. to the world market. The U. S. surplus could be moved only at a loss. It was not moving, yet estimates showed that some 200 billion bushels must move before the next harvest...
...bushels which also had to be moved out before the new crop came in. The Port of Montreal was congested with surplus grain. Eleven vessels with large wheat cargoes cleared last week, starting the flow to Europe. To retain Canada's present 8 cent freight advantage to the world market, its railroad executives prepared to discuss rate reductions correspondingly below the new U. S. rates...
...Simmons, President of the New York Stock Exchange speaking before the members of the Chicago Stock Exchange at their annual dinner on Thursday attacked the Federal Reserve Board labeling its actions as an arbitrary curtailment of funds for stock market loans which would inevitably lead to a curtailment of progress and prosperity...
...making his attack Simmons was anything but original for almost every day for the past few weeks there has been some similar outbreak. On the other hand his statement does come officially from the head of the largest security market in the world and shows clearly that the Federal Reserve Board has hard sledding ahead...
With the present market, temporarily deluged by the aspiring productions of every college paper, the value of the parody, as well as the quality of the parody has taken a fall indeed. The spontaneity of a Yale or Princeton issue, the "Evening Graphite" or the "Daily Prints-anything" fortunately intervenes occasionally to tide over the barrenness of the customary publication, but the laurels are fast fading upon the tortured brow of college journalism in this particular field of endeavour, and it may be said that its success will only follow in the footsteps of its comparative rarity...