Word: often
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Dates: during 1950-1959
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...Toronto Stock Exchange, often the scene of frenzied trading, had never seen anything like it. In a single day last week, 14.8 million shares changed hands for the heaviest trading day in the exchange's history. On the floor, traders surged around trading posts, rushed madly from booth to booth waving order slips and shouting at the top of their lungs. The heavy trading was touched off by reports of a rich drill hole in a copper vein discovered more than a fortnight ago in the Mattagami area of Quebec by New Hosco Mines Ltd., a smalltime mining outfit...
...German quota would greatly reduce pressure on the fund's U.S. dollars. The U.S. also wants a stronger fund, able to swing a bigger stick to force its members to keep their fiscal houses in order. This would take much of the heat off the U.S. which often has to perform this disagreeable job when considering foreign loans...
Uncut Diamonds. "We're investment builders, creators, not land speculators," says Tishman. "We buy for a specific purpose: to develop." Tishman covers the whole spectrum of real estate, from buying and building to renting and managing. The company specializes in opening up new areas of cities, is often followed by other firms once it builds. "If you get there first," says Tishman, "you find remarkably little competition. I first trust my instincts to pick the sites, then take a thorough economic survey. If the survey bears out my instincts, we go ahead. If not, I stick with the survey...
...look when it has been properly developed." Today Tishman operates 31 large office or apartment buildings and three shopping centers in five U.S. cities (including West Hempstead, L.I.; New Orleans; Philadelphia), has other buildings under construction in Cleveland and Buffalo. Tishman's buildings win few architectural prizes, are often deplored by architects as unimaginative, even ugly. But they please tenants -and cut costs-because they lay heavy stress on economy of space, no-nonsense layouts...
Businessmen are often confused by the contradictory actions of the U.S. trustbusters. Last week they had even more reason for confusion. The Federal Trade Commission ruled last month that a merger would not tend automatically to create a monopoly even though it gave 45.6% of the household steel-wool market to one company, Brillo Manufacturing Co. But last week the Justice Department sued to break a deal that would give 21% of the detergent market to Lever Bros...