Word: tradings
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Dates: during 1920-1929
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Matinee Ladies (May McAvoy, Malcolm McGregor). Cradle-snatchers again. A young man, nowadays, seems to pay as inevitably as the harassed heroines of a decade ago. At a roadhouse, the hero, law-student, jigs with women too old to trade in their own personality. But he loves the cigaret girl. The villain lures her to a boathouse, where, once in his fell clutches, who can say what fearsome fate is in store? Just when the audience might, if it cared, drop out of its seats because of the horrible suspense, the hero romps along with his right uppercut in good...
...built man with a generous mustache, played with a paintbrush and window screen. Filling up the wire squares with paint, plotting the outlines of trees, barn and sheep, he made a picture.... From this pastoral beginning he has evolved "telegravure," an invention hailed last week by Editor & Publisher (journalistic trade weekly) as "amazing." By its virtue, newspaper pictures can be transmitted in a simple code of numbers and letters and composed like any other text on a linotype. Telegravure is far simpler than telephotography. Telephotography requires costly apparatus to transform pictures into electric impulses, then back to pictures. The transmitted...
Directors of the Chicago Board of Trade last week forbade the Armour Grain Co. (corporation entirely separate from Armour & Co., meat packers) from further trading on their grain exchange. Thus the directors punished the company for the knavery of Armour Grain Co. employes?their thievery, their defrauding of the Farmers Cooperative Grain Marketing Corp. with burnt grain (TiME, Mar. 14), and their desecration of the Board's prestige...
...directors felt obliged to do this because their own conduct has been slovenly. Value of the Board of Trade depends upon public confidence in the honesty of its members, and all too often that honesty has been doubted. The Federal Government already pretends to supervise transactions on the Chicago Board of Trade, and the Illinois legislature last week sought laws to regulate the Board, similar to the laws by which New York legislators control the New York Stock Exchange. Board members hope that they can tighten up their own already existing rules and thus avoid the further fussings of lawmakers...
...Armour Grain Co. the expulsion means dissolution. Without trading privileges on the Chicago Board of Trade it cannot conduct the cash business upon which its profits depend. Those profits have not been large in recent years. Sometimes they have been displaced by losses, which Jonathan Ogden Armour, present head of the Armour family, has paid from his own funds. This is so, although the company owns six great grain elevators, including the Northwestern in Chicago (largest in the world), and leases ten others. In these elevators it can store 28,800,000 bushels of grain. In effect...