Word: unload
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...rubber growers got the point. In two consecutive days last week, rubber futures dropped the full legal limit of 2? a Ib. on the New York Commodity Exchange. Indonesian growers scurried to unload, spurred on by the added news that their government plans to slap a stiff 5?-a-lb. tax on rubber exports after July i. At week's end, New York rubber futures had leveled off at 28.9?. With this year's natural rubber production now estimated at 140,000 tons in excess of world consumption, most traders thought that even lower prices were ahead...
Before then, they must unload, almost a ton of equipment from shipping docks, buy another half ton in Lima, and truck it all to the Indian village of Chiquian...
...market was different in other respects, thanks to the watchful eyes of the SEC. There were no oldtime insider pools to run up the price of a poor stock and then unload it on unwary outsiders. Although the short interest (those who had sold stocks they didn't own in the expectation that the price would drop and the stock could be bought back at a profit for delivery) had risen to above 2,000,000 shares, there was small chance of any old-fashioned bear raids. The trick of selling short while the market is falling and thus...
...Cherbourg, where the American Importer was unloading the first shipment of arms to France, things were even quieter. A drab little female Communist turned up in the rain at the stevedores' hiring hall to hand out some leaflets urging the dockers not to unload imperialist weapons. A man in a raincoat tried to make a speech. The dockers paid no attention. They had already discussed the issue; only 21 of Cherbourg's 415 dockers had voted against working the ships with U.S. aid. "Cherbourg's example," said Defense Minister René Pleven as the last...
...them are Communists for revenue only: they strike for wages, but they will not strike for Communist political objectives. Although the French dockworkers' union is supposed to be 100% Communist-dominated, the Reds are failing in their present all-out drive to have the dockers refuse to unload ships with U.S.military...