Word: tradings
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Dates: during 1940-1949
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...heart of the matter seemed to be a bit of contract fine print that club owners like to call the cornerstone of big-time baseball: the so-called "reserve clause" that binds a player to his club for his baseball life-or until the club chooses to trade, sell or sack him. Purpose: to prevent a few rich clubs from hiring all the talent-as they well might if each ballplayer were always free to sell his services in the highest market. Cornerstone or not, two out of three judges decided that the reserve clause looked like peonage. They ordered...
...prices, were worried. Irate farm-bloc Congressmen called in Secretary of Agriculture Charles F. Brannan to ask a Congressman's perennial question: Who's to blame? Brannan could do no better than trot out a familiar Administration devil: the speculator. He ordered the Chicago Board of Trade to dig up the names and employment of all buyers & sellers on the fateful Tuesday. Speculators must have been to blame, said Brannan, because he could not see any other reason for such a drastic shakeout...
...Farnsworth officials helped kick it farther down the ladder. I.T. & T. had agreed to buy Farnsworth through an exchange of stock, one share of I.T. & T. for twelve of Farnsworth. Since I.T. & T. was selling for $9.25 and Farnsworth for $2.87, the deal meant that Farnsworth's trade-in value was only about 77? a share. That touched off a selling wave...
...Trade newspapers make an attempt to do our crystal ball gazing for us, but I've found them quite unreliable. The only thing we can do is to keep up with the trends and move the minute we notice changes in them...
Want to learn a trade? Just saunter up to the impolite end of Plympton st. in time for 7:30 beer and crumpets tonight. The CRIMSON will pour. Your old rank is guaranteed and old experienced hands will guide you through photographic basic...