Word: stockings
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Dates: during 1920-1929
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While the securities of his company were soaring to unprecedented heights on the New York Stock Exchange last week (see p. 38), Major Gen. James G. Harbord, president of the Radio Corporation of America, made a speech to some women Republicans in Manhattan. Said he: "The change that will be wrought by radio lies in the fact that though one address goes to an audience of 30,000,000 the contagion of the crowd is gone. The magnetism of the orator cools when transmitted through the microphone. The impassioned gesture swings through unseeing space. The purple period fades in color...
...rushing off to scribble that Mevrouw Van Eeghen is the niece of mighty Sir Henri Deterding, Director General of the internationally potent Royal Dutch Shell (Oil) Group. Shrewder newshawks stressed Mevrouw Van Eeghen's unique distinction; she was, last week, the only female member of the Amsterdam Stock Exchange. To find a similar business woman in the U. S. one must search out pretty, audacious Miss Peggy Cleary of Manhattan (TIME, April 2), the spinster-stockholder who bid $375,000, last fortnight, in an effort to obtain a seat on the New York Stock Exchange. In Amsterdam the buzz...
Henry Hentz & Co. reported that this transaction was but typical of other German orders similarly placed, executed and confirmed by telephone in recent weeks. Observers marveled as much at the German enterprise as at the rapid communication. During last fortnight's furor on the New York Stock Exchange, a busy floor man was asked by his office for a quotation on General Electric. "What the-!" he roared. "I can't be bothered for quotations at a time like this!" "But Berlin wants to know. They're holding the wire." Abashed, the floorman dove into the nearest drift...
Nonetheless investors bought R. C. A. and Victor stock during the week upon the report that the two firms, leaders of their respective fields, would form-not necessarily a merger but-a closer technical and commercial alliance than has bound them together in the past...
Chicago finance has its delicacies of shade no less fine than those of Manhattan's stock market. Example: last week's "corn & hog parity" got alarmingly out of line. Dollar a bushel corn equals $10 per cwt. hogs or something is wrong in the stock yards. Corn for May delivery passed $1.03¼ a bushel whereas hogs "at Chicago" sold from $6.65 per cwt. undressed. Foreign corn demand has made golden maize too dear for U. S. pigs to eat & grow fat. The pigs must die lean & cheap. Overproduction of litters, weaned on high priced feed, plus...