Word: rising
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Dates: during 1920-1929
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...from Santos, Brazil, for December delivery) fell, for example, one day from 19.25? to 17.25?, recovered somewhat, hit bottom the next day at 16.65?. Such a plunge, such an unsettling of coffee futures may spell eventually the loss of millions to coffee hoarding speculators, overloaded and waiting for a rise. Brazil, world's greatest coffee producer, is also the nation of most colossal coffee hoarding. Last week Vice President Benjamin B. Peabody of the New York Exchange unhesitatingly attributed the crash in coffee futures to "disquieting rumors regarding the situation in Brazil...
However poor Fox Theatres may appear to some people on a strictly investment basis, the greatest asset the company has, and one that should appeal to Fox patrons, is the management of William Fox.* Famed are the legends of his rise from Hungarian Jew newsboy to Long Island tycoon. Most significant of the factors in his story is that the Fox accomplishment has been singlehanded. Blustering, driving, he makes his own decisions, rapidly follows them out. Scorning most social customs, he enjoys golf despite a Kaiser-like arm, has thrice holed...
Greatest of Fox hobbies is telling the story of his rise to newspaper men who have assembled in the hope of hearing merger news. Greatest of Fox phobias is having his picture published. Fifteen years ago he sat, moustached, for a photograph. Almost immediately he shaved his lip, refused to have new pictures taken. Even last week when patrons eagerly awaited Cineman Fox's birthday message, a substitute appeared and they had no chance to see the real Fox face...
Chief difference between the McCormick and Wilson plans is that Heiress McCormick borrowed at 6% against stocks that might rise and offset interest charges, while Heiress Wilson borrowed at 6% against collateral that probably yields no more than 5%. The reason generally suspected to be in back of the Wilson move is that her collateral probably consists mostly of bonds that have no ready market. As the certificates are outstanding until 1932 and the collateral does not have to remain fixed, Heiress Wilson can therefore gradually sell her municipals as a market for them appears; meanwhile...
...Manhattan publicist (see above). Mr. Bernays, the magazine noted, had mailed "one of his familiar handouts" to New York newspapers, announcing that he was ready to make arrangements for newsgatherers when they journeyed to Dearborn, Mich., for the Edison-Ford celebration of light's golden jubilee. What gave rise to Editor & Publisher's wrath was the fact that Mr. Bernays' letter mentioned Herbert Clark Hoover. Commented Editor & Publisher:-''If Mr. Bernays were commissioned to make press arrangements for an address by the chief executive it would be unprecedented...