Word: wall
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Dates: during 1930-1939
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These things, and the fact that, economist or no, he has little technical knowledge of finance, moved Wall Street to try to head off his appointment, may move some Senators to oppose the confirmation of his appointment. The fact that he was named to succeed Chairman Bill Douglas on SEC does not mean that he will automatically become its chairman. Legally, SEC elects its own chairman. How much opposition to his confirmation develops may depend on whether assurance is quietly given to the Senate that SEC will elect as chairman some one else, such as Commissioner Jerome Frank...
Among noted Gruger men are light-handed, prolific Wallace Morgan and the immensely successful Arthur William ("Brownie") Brown. As illustrator for Tarkington, Kelland and other light fictioneers, popular, saturnine Artist Brown made a cool Wall Street million before it melted down in 1929. At 58 he says he is doing it again. Other illustrators like to kid Brown about his draftsmanship, but the laugh is on them. There is some quality in his clean-cut youths and pretty girls that fits the American Dream...
Said Congressman Wall Doxey of Mississippi: "I have told hundreds of people about this medicine...
...favorite Wall Street notion is that traders in odd lots (less than 100 shares of stock) are always wrong-when they buy, the market goes down; when they sell, it goes up. Last week the first comprehensive survey of odd-lot trading-made by the Brookings Institution under the direction of Dr. Charles 0. Hardy-found that odd-lotters are generally smart enough to buy on declines and sell on advances, but not smart enough to wait for a marked decline or a substantial advance. By buying and selling too soon, they miss the boat on long-term price trends...
Traveler's tale: in a Tonkinese sweatshop swollen-eyed children were making "real French lace." On the wall hung a picture of Rockefeller Center. Much puzzled was the factory owner to learn that Mr. Rockefeller did not live alone in the Center, that there were other inmates. At last he comprehended: "Oh, you mean Monsieur Rockefeller's concubines...