Word: ringed
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Dates: during 1920-1929
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...seemed to be a retaliatory measure from Duffy headquarters. But the hearing of testimony germane to the murders gave way before the information of a stream of truck drivers, brewery bosses, alcohol dealers and other nondescript employees of what began to loom with increasing clarity as a monster liquor ring in the Philadelphia underworld...
...remote is Hanover Square from the feverish doings of Wall Street that the casual visitor might leave with the impression that little business finds its way there. For such a visitor would not be likely to see the ringlike tables which themselves form a ring about Hanover Square...
Speculators rejoiced, last week, as one more "ring" was made ready for the traders. When the secretary of the National Raw Silk Exchange mounts the rostrum (sharply at 10:30 a. m., Sept. 11) and utters the word "October," a new commodity exchange will be in operation. Promptly, one of the traders will quote a price, approximately $5. He will have offered to buy or sell five bales (665 Ibs.) of October silk at $5 a pound...
...actual trading will be done until the secretary has finished reading off the list of months, from October to April. When the "call" has been read, when a quotation has been fixed for delivery of silk in each of the next eight months, the men seated at the "ring" will begin to buy and sell. At the close of the day, the last quotations will be chalked up on a blackboard. On the following day, traders may not advance or lower these quotations (per pound) by more than 50?. Thus the exchange authorities hope to avert sudden panics. If every...
Importers and manufacturers alike are among the 265 members of the new exchange. They paid between $2,500 and $6,000 each for the privilege of sitting at the "ring" and trading in silk futures Chief among them, youngest of Manhattan exchange presidents, is 37-year-old Paolino Gerli, scion of a long line of silk importers. His early training took him to Japan, where indifferent silkworms spin out 75% of the world's supply. Now he is vice president of E. Gerli & Co., largest of U. S importers, doing an annual business...