Word: protective
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Dates: during 1940-1949
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...price prevailing on the day he bought the call. If the stock rises, he exercises the option and takes his profit. A "put" is the reverse: a trader buys an option to sell stock, cashes in if the price falls. (Both puts & calls are used as hedges to protect paper profits...
...booklet is a catechism of preparedness which the board wants every manufacturer to answer, at least to his own satisfaction. It covers everything from contract negotiations to plans for the "emergency housing for the new workers you'll need." Sample questions: "What measures could you take to protect your personnel during work hours in an air attack? What provisions have been made to detect the existence of subversive elements on your payroll...
...home hair dryer for women, the "Turbanette." Price: $6.95. (It will soon go on sale in 30 other stores in 16 other cities.) The inventor, John Moore, ex-aircraft engineer at Lockheed, got the idea from seeing aircraft engines packed with sacks containing silica gel (a deliquescent powder) to protect them from moisture. The turban of cotton muslin packed with silica gel will dry a woman's hair-after washing-in half an hour...
...have organized the 'Palestine for Arabs' movement," the letter said. "Our intention is to recruit volunteers to join the 'Franklin D. Roosevelt Legion' to fight in Palestine and protect that land for its rightful owners, the Arabs...
Professor Giedion is not the sort of crank who advocates a return to 100% manual labor. But he believes that if man cannot protect himself from the emotionless "collectivism" of the machine, "future generations will perhaps designate this period as one of mechanized barbarism, the most repulsive barbarism...