Word: guardedness
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?Hedging is a market process of equalizing profit-&-loss. A grain dealer buys 100 bu. of spot wheat at 800 per bu., simultaneously sells it for future delivery two months hence, say, at 860. The 60 differential theoretically covers the handling and carrying charge during that period. If at...
Turbulent, exciting has been the history of speculation in mining. Few men now alive can recall the discovery of the Comstock Lode in 1859, but many remember the phases of speculation which received their impetus then and burned long like fever throughout the country. In San Francisco this speculation was...
Last week portions of two hemispheres were stirred by rumors of a big U. S. gangland war. Prospective war zone: the operative territory of famed Racketeer Jack ("Legs") Diamond. This territory begins in Brooklyn, N. Y., where henchmen of Diamond and Charles ("Vannie") Higgins are blamed for periodic battles with...
Poland, jealous of every move against her dearly guarded corridor to the sea, was just as vociferous. Foreign Minister August Zaleski made formal protest to Berlin.
Police Commissioner Wilcox, a recent Bowles appointee, retorted that Announcer Buckley was a known extortionist and racketeer, killed by his kind. Investigation showed that the announcer kept three hotel apartments besides his home with his wife, and that his secretary had revealed Buckley's long fear of being '...