Word: trades
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Dates: during 1960-1969
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...prince, along with 72 proprietary rights including the privilege of levying taxes and such royal honors as "a cloth spread in front to walk on, a parasol, a drum, a trumpet and a garland." In 1524, jealous Arab merchants, accusing the Jews of trying to take over the pepper trade, stirred up a holy war against the community by Indian natives. Cranganore was sacked, its homes and synagogue burned. Most of the survivors fled to Cochin and sought the protection of its maharajah. Although a Hindu, he treated them kindly, and in 1568 permitted them to rebuild their synagogue next...
...role. American steelmakers have been beset by many problems, notably the rising level of steel imports, which this year will capture about 16% of the U.S. market. Privately, steelmen have often faulted Blough for issuing terse press releases instead of fully articulating the industry's position on trade and other matters of public policy. Blough's effectiveness in Government relations was further impaired by his 1962 steel-price showdown with President Kennedy-after which J.F.K. complained: "My father always told me that all businessmen were sonsofbitches, but I never believed it till...
...right because the small investor does not pay his way. James W. Davant, managing partner of Paine, Webber, argues that the cost of handling stock transactions is rising so rapidly that brokerage houses lose money not only on the odd-lot business but also on the average "round-lot" trade of 100 shares or more. "It is unprofitable to serve the investment needs of the small investor," he says bluntly. Brokers make money on the really big trades-and those profits too have been...
...parities in 1970 or 1971. Many continental financiers figure that values may have to change long before that-perhaps by next spring-unless the economic austerity programs in France and Britain sharply reduce the pressures on the franc and pound. Last week both currencies rallied a bit in international trading. The pound gained after Britain reported that rising exports had lessened its chronic trade deficit during November. The franc rose even though France announced a $200 million November trade deficit, triple that of October. The money was stronger because, for the moment, most Frenchmen seemed to be accepting De Gaulle...
...today, in Germany at least, the Krupps are remembered as a family of patriots. Munitions making is not really a lovable trade at best. Were the Krupps such ogres as they often appear...