Word: trader
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Special Assistance. On the other side, Free-Trader Coleman, who had already appeared personally before the commission (TIME, Nov. 9), offered his committee's detailed report, urging that "total national interest" rather than special private interests be used to decide trade policies. Among its proposals: give the President the power to negotiate reciprocal trade agreements to run for at least five years, eliminate the "Buy American" Act, simplify customs procedures, gradually reduce tariffs and quotas. Elimination of all tariffs, the committe said (though not advocating it), would affect fewer than...
There was once in old New England a brand of man called, among other names, a horse trader. By promising anything, eve his homespun shirt, and never paying, he reaped great profits from unsuspecting children and old women. After a while, most people began to think that the horse traders were pulling their legs. The traders, sensing this, decided that there was strength in numbers, and so seven of them banded together...
British seadogs are bitter. "You never hear of the Nationalists attacking Communist [e.g., Polish] ships trading with the mainland," beefed a Hong Kong trader. Snapped a Royal Naval officer: "If it were politically possible to shoot to kill, this trouble would all be over in an hour...
...veteran trader thought the Dow-Jones index was a slowpoke compared to what many individual groups of stocks had already done. Said E. F. Hutton's Gerald M. Loeb: "The bull market really ended quite a while ago as far as the majority of stocks is concerned." He pointed out that gold stocks as a group have never topped their peak of November 1949. The soft drink and brewing group reached its high in January 1950; a year later, copper stocks, retail stores and steels reached theirs. Two years ago the ethical drug stocks reached their top, followed within...
Contented Trader. The 1953 version of the White Sox is Richards' idea of what a ball club should be: hustling, bustling and fiery. It lacks heavyweight hitting, but will try to make up for it by defensive skill, tight pitching, and speed on the base paths. Richards was more than content this winter to trade slugging First Baseman Eddie Robinson (22 homers) for Philadelphia First Baseman Ferris Fain, who hit enough singles last year to become league batting champion (.327). Fain will be Richards' "take-charge" man in a. tight defensive infield that includes Second Baseman Nelson...