Word: markets
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Dates: during 1920-1929
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...investor in an Investment Trust, in effect, turns his money over to a group of experts who have the advantage of a thorough market knowledge and of handling sums ranging from three to five hundred million dollars. Such an investor is letting men like Simon William Straus, the Seligmans, Arthur Cutten, Fred Fisher, Walter Chrysler, invest his money for him. Investors in U. S. investment trusts usually do not know exactly where their money is being used (English investment trusts are more considerate); they are simply trusting the Trust. Perhaps the best analogy to an Investment Trust would...
...Commercialization" is a mysterious word which correspondents have been bandying for years. It is used as a convenient abbreviation for the prolix idea that Germany's state debt to the Allies might be transformed into a private debt, by selling German bonds in the world market and using the cash realized to pay off the state debt at once, leaving the new private debt to be paid off in the course of years. Thus a lofty obligation would be "commercialized" into a vulgar loan. The advantage to the Governments concerned would be that, if Germany should default, mere private...
Daniel is known as the leading spirit of the group. During the War he took the lead in seeing that the Government was supplied with copper at half the prevailing market price. Before he was 40 he had crossed the Atlantic 70 times. He is a patron of Art, Music, Literature, horse breeding, horticulture, an excellent geographer and anthropologist, a noted philanthropist...
...trunk of today might mucH resemble the trunk of yesterday were it not for Innovation Trunk Co. and Innovator Seymour W. Bonsall. In 1897 Mr. Bonsall was a Manhattan stock broker, but interested in inventions as well as in the market. To him, in a dream, came the vision of a trunk which should be a portable closet rather than a travelling chest of drawers. Awakening, Mr. Bonsall remembered his dream, built the first wardrobe trunk. It looked much like the old style bulbous trunks, but in its interior were racks for hangers, thus embodying the essential principle...
...Standards argued: "Gasoline is made by cracking crude oil and the big oil companies can crack oil so cheaply now that it hardly pays to develop an automobile engine that will do this work. Besides, when the oil is cracked at the refineries, the by-products which have a market value are saved. When oil is cracked in an automobile engine it is lost...