Word: marketeers
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1930
Sort By: most recent first
(reverse)
...anticipated. Husbandmen would not "cooperate" on mere orders from the Board. Commission men fought back desperately when their business was squeezed by cooperatives. Foreign countries could not be forced to buy U. S. crop surpluses. Wheat prices refused to rise when the Board tried to bull the market by direct buying. Business men flayed the Board for its "socialistic program" of government-in-business (TIME, April...
Looming over the whole wheat market was an economic situation more potent than the Farm Board as a price-fixer. The visible world supply of wheat in May was 470 million bu., of which almost half (225,000,000 bu.) was held in the U. S. The Farm Board had advocated this holdover-from-1929 policy which now hung like an incubus over 1930 prices. The U. S. Department of Agriculture last week estimated the 1930 winter wheat crop at 532 million bu.-46 million bu. below last year's harvest of the same grain. But even this apparent...
...heard that U. S. ergot preparations were adulterated. He believed the situation was opportune for him to make money by importing clean Spanish ergot. He bought 70,000 Ib.?virtually a "corner" of the supply at that time?for $1.60 to $1.70 per Ib. The U. S. market price for ergot was then $1.15. He offered manufacturing druggists his ergot at $1.50. None would buy. Although later he sold small quantities he still has practically all his 1927 ergot on his hands...
...York's dealings with Soviets, who confiscated many a Royal Dutch acre in Russia and then asked Standard of New York to show them how to get better kerosene out of the crude oil. The recent and current "invasion" of the New York and New England gasoline market (long sacred to Standard's Socony) by Shell Union, Sir Henri's U. S. subsidiary, was considered a retaliatory move, and all U. S. movements toward restriction of oil production were hampered by the necessity of taking into consideration Sir Henri's competition for world-markets. Thus Royal...
Skeptics who recalled that the Radio reorganization was announced considerably after the close of the first quarter, harked back to the 1929 Market Collapse and to the admittedly overproduced condition of the radio industry at the close of 1929. The fourth quarter (Christmas trade) is the big earning quarter for radio companies, including Radio Corp. In the last quarter of 1928 Radio Corp. showed a net income of $10,088,875. For the third quarter of 1929 Radio's net was more than $8,000,000, so that a $10,000,000 or $12,000,000 fourth quarter seemed...