Word: reasoned
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Dates: during 1930-1939
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...Last week's cotton buying was paralleled by a rush to buy cotton grey goods: sales, 100,000,000 yards, up 80,000,000. This piling up of inventories is a gamble that retail sales will boom before production declines under inventory pressure. But there was an additional reason for textile activity: England, needing burlap for sandbags, has virtually cleaned out the Calcutta market since the outbreak of war with orders so far totaling 1,000,000,000 bags. The price of raw material for burlap is up from ?18 ($84.24) a ton in August to ?88 (about...
...reason for this is that in September 1935 Standard failed to finance repayment of a $24,650,000 note issue, landed in a reorganization proceeding in a Delaware Federal District Court. Charges (among others) by Senator Robert Wagner's Law Partner Simon H. Rifkind that: a stock deal with Standard netted Byllesby $5,000,000 on a $500 investment; an operating company purchase by Byllesby for $845,000 was sold four days later to Standard for $1.365,000, caused the court to appoint special counsel to investigate the Byllesby management. Result: a recommendation for a $100,000,000 stockholders...
...Polio is a cosmopolitan disease, heedless of climate, as deadly in the Arctic as on the Equator. But for some reason, more than half of all cases in the world occur in the U. S. and Canada, in the summertime. Reported cases in the U. S. from 1915 to the end of 1939 total 139,337. About 75%, of polio victims do not develop paralysis, and countless children pass through mild, "abortive," flu-like attacks, which produce complete immunity...
...skinny, tired, nervous, rundown? Try a bottle of sarsaparilla and watch those muscles grow." That is the sort of thing famed Hormone-Maker Russell Earl Marker of Penn State expected to see splashed all over the papers last week. Reason: he had just told chemists about his new, cheap, artificial production of three powerful sex hormones (testosterone, progesterone and desoxy-corticosterone), from sarsaparilla root compounds. A boon to doctors, Professor Marker's synthetic hormones will cost far less than natural sheep and cow products. Professor Marker warned Penn State's publicity department to warn the press...
...Flushing, N. Y., Deputy Health Commissioner John Grimley ordered evicted Eskimo Robert Mayokok, his wife, four children, from a World's Fair igloo. Reason: the igloo is an exhibit, not a domicile...