Word: rigged
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Dates: during 1930-1939
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Last year, Potash Co. of America (owned in Denver) profited from the Syndicate's attempt to rig the market, and doubled its plant capacity at Hobbs, N. Mex. Union Potash and Chemical Company, also of New Mexico, and 50% owned by International Agricultural Corp. (big fertilizer company) acquired three new leases to Government potash land, sped up shaft sinking to new deposits...
After this function the King and Queen retired to the Citadel apartment surrendered to them by Governor General Lord Tweedsmuir, who is benched while the King is in Canada. There the King changed from his Admiral's rig to cutaway and silk topper (the Queen not bothering to change) for the first of a long & indigestible series of official luncheons and dinners. This one, at the Château Frontenac, served up lobster tails, grilled breast of chicken and a Grand Marnier soufflé which neither the King nor the Queen accepted. This instance of royal distaste...
...market, with no SEC to regulate it, can be played on margins as low as 5% instead of the 40% now required for stocks. Biggest inducement is that the Government, with its powers over the banking structure and its large trading operations in its own securities, can and does rig the market to protect its issues, which private financiers are forbidden...
Thank you for dressing us up in our Sunday best, even if you did rig us out with a fiddle-player's hat and a necktie sure to get caught in the job-press. Thank you for telling the world that the country newspaper is a going concern...
...other end of Lake Erie, Buffalo was buffeted by 30-ft. waves. Police had to rig hand lines through streets for pedestrians. The wind touched 66 m.p.h. Two oldsters died of heart-failure, one bucking the wind, the other chasing...