Word: trades
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Dates: during 1930-1939
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...understanding that Soviet Foreign Commissar Maxim Maximovich Litvinoff had promised President Roosevelt that Russia would buy great quantities of U. S. goods in return for recognition, Ambassador Bullitt made plans for a $1,200,000 Embassy, which Congress on the same understanding had authorized, awaited the Red trade orders which would cement the U. S. and the U. S. S. R. in bonds of commercial friendship...
Disclaiming any backers, Syria-born Mr. Bourjaily told the trade Mid-Week Pictorial would henceforth be administered by a corporation composed of himself, his wife and lawyer. Managing Editor would be Dr. Franz Hollering, onetime editor of the Berlin B-Z am Mittag. Editorial headquarters were to be in a remodeled five-story Manhattan brownstone. Predicted Publisher Bourjaily: "Our approach will be that of a newspicture magazine supplementing the daily and Sunday paper and trying to interpret news rather than report...
...Utah, announcing the election of Marriner Stoddard Eccles as president of Amalgamated Sugar Co. Equally surprised were they to discover that all along he had been Amalgamated's vice president and treasurer. Remembering that the Secretary of the Treasury is not allowed to have a financial interest in trade, commerce or ships, reporters scurried to Senator Carter Glass to ask whether it was all right for the Chairman of the Reserve System actually to head an industrial corporation. The crusty Virginian, who disparaged Mr. Eccles' nomination to the Reserve Board, refused any comment, pointed dryly to the Federal...
...want of ears to husk. And in the Chicago grain pit, traders suddenly realized that outstanding sales of corn for September delivery were double the supply in terminal grain elevators. Suddenly corn bounced up 3⅞? per bu., nearly the full 4? limit allowed by the Chicago Board of Trade...
Alarmed by the corn flurry, the Chicago Board of Trade Clearing House last week raised trading firms' margins from 3? to 4?; a bu., equalling the margins for wheat, oats and barley, and the Board of Trade required non-members to put up double the Clearing House margin requirements...