Word: lowering
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Dates: during 1930-1930
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...your information, the average rate of this company is 23.8% lower than the national average rate. This company's residential rates are lower than the national average residential rate, its industrial power rates are among the lowest in the nation and its rural rates are among the lowest offered anywhere...
...wheat in Chicago. According to this witness, Russia had the wheat to sell abroad but, pending delivery, decided to use the Chicago market to hedge the sale as a form of price insurance. Hedging, he said, seemed necessary because of London estimates of a larger world crop with consequently lower prices. Declared Comrade Belitzky: "To say the syndicate was selling wheat short to depress the price is fantastic. The logic and the facts refute this charge...
...something of value. I was thwarted, not through lack of vigilance, but rather because my active mind uncovered nothing of lasting worth in the idea. I understand, though, that there is much comment and more downright censure of the institution from those who sit a little lower than the angels. Another reason for my long silence lies in the fact that the value of several of my articles was questioned by my publishers...
...loss, $1,095,813.11 was described as "extraordinary charge-offs and provision for special losses, including adjustments relating in part to prior periods." President Frederic Gallup Coburn included therein the losses (by current lower prices) in value of unsold Fairchild planes & engines; of "ventures . . . which do not now seem to promise profitable operation" (possibly Cuban flying service, various flying schools). Aviation Corp., with its $19,000,000 cash resources, could well afford the "house cleaning" of items that would otherwise hang over to clutter up future balance sheets, and mitigate the good showing anticipated from benefits of the Watres airmail...
President Hicks is a Salt Lake City Mormon of a family prominent in Utah. He has had over 20 years experience as a mine operator; has prospected and visited mining properties from Hudson Bay to lower California, now is president of three mining companies and connected with many another. But what makes him especially suited for his new position is the fact that he served for eight years (1921-29) as Director of Utah Securities Commission, state of many mining promotions. He wrote the Utah Securities Act, a classic. In 1925-26 he was president of the National Association...