Word: stockings
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Dates: during 1920-1929
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...Senator Hiram Bingham was one of the two Republicans whose vote change caused the manganese rate change. His explanation: "The White House wanted it." Even high-tariff Chairman Reed Smoot, incensed at his committee's inconsistency, ironically observed that the market value of U. S. Steel stock had increased "only a hundred million dollars" after the last fortnight's slump precipitated by an increase of the Federal Reserve's rediscount rate...
Williamstown. Dr. Theodor Emanuel Gugenheim Gregory of the University of London, Faculty of Economics, complained: "The New York stock market has resumed its historic role as a disturber of the economic peace of the world...
...aviation industry's first stockjobbing scandal broke open last week. Whenever public imagination fixes on an industry, as on Oil a decade ago and Gold before that, crooks easily sell stock of little or no value to everready gulls...
Enter Raskob. John Jacob Raskob, quiescent financially since he left General Motors to manage the Smith campaign for President, has bought a large stock interest in Aero Supply Manufacturing Co., Inc., called the "oldest aviation accessory enterprise in the country." Aero Supply owns Standard Automatic Products Co. of Corry, Pa., and National Steel Products Co. of Ohio. Rumored: a big Raskob-headed air corporation...
Travel Air to Curtiss-Wright. Curtiss-Wright Corp. is trading its stock for stock control of Wichita's Travel Air Co., its twelfth acquisition...