Word: tradings
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Dates: during 1930-1939
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...Turkey, oldtime friend of the Soviet Union with which it shares the Black Sea, news of the German-Russian Pact was almost as serious a shock as it was to Germany's friend Japan. It came just as the ink was drying on a French-Turkish trade pact. It also brought on what was later described as "extraordinary pressure" from Germany. Von Papen was given an hour in which to perform his suave, bully act, then President Inönü made clear to France and Britain that he stood with them in the great lineup. Turkey, said...
...Times and the Daily News matched each other in excitement and general pessimism. Two days before the Russo-German trade treaty was announced, the Time's Herbert L. Matthews and Frederick T. Birchall cabled from Rome and London that war seemed almost certain. Both papers printed the story of the German submarine heading for Martinique, and the News went completely haywire by suggesting that the President send a couple of battleships to blow it out of the water. Next day the News apologized to its readers for getting too excited...
...crisis will also leave an indelible mark on the U. S. economy, forcing agriculture to recognize that its continental market is gone. The new German-Russian agreement ends hope of the U. S. regaining its lost German markets for cotton and foodstuffs, may mean that U. S. trade will be squeezed out of Central Europe altogether. Germany's new economic tie-up with Russia might enable her to reduce her 1938 purchases here ($107,588,000, down from an average of $400,364,000 in 1926-30) to zero. Perhaps more important to U. S. trade was what...
Part of this trade is what the U. S. stands to lose, but the loss will probably be concentrated in goods which have already taken an export beating. Agricultural exports were 36% of pre-Depression. Of smaller post-Depression total exports, agricultural exports are down...
...increase of 76% over its booming 1938 figures. Last week President Mack ventured to say that for the first eight months of this year net profits would pass record 1938 (when the net was $3,240,000). Still selling far below big Coca's bottle volume (the trade's best guess: 18-25% of it), Pepsi-Cola's twelve-ounce bottles (Coca-Cola: six ounces) have done best in New York City. In its first full-page newspaper ads fortnight ago, Pepsi-Cola announced it had outsold "any other Cola drink in bottles" by more than...