Word: marketer
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Dates: during 1920-1929
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After the election results were received and digested by the public, the stock market proceeded to go immediately on record as optimistic of the business future. The obliteration of LaFollettism removed a heavy prejudice against rail securities; at the same time, basic industries like steel and oil gave signs of expansion and higher prices...
...Bull Ring. Of these millions, over eleven and a half went in the week of Nov. 10, more than ever before save in the panicky May weeks of 1901. A total of 689 issues were dealt in-a new high for all time. Wall Street tried to assess the market's appreciation while the booming continued and the rough 'figures were: Total appreciation 3 billions...
...customers came in throngs, but calm throngs. It was the public's market, with a ticker 15 or 20 minutes late and no frenzied strain watching for the plays of professionals on the floor. The usual large figures were pushed right out of the picture...
...spending? As nearly as could be told, the small investor was following his large traders, wealthy men reassured of the immediate future; the wealthy lay figure was liquidating his pool; the foreigner was stepping in, especially for rails. It was free and open spending without cliques and market-fights...
There is an old Chicago adage to the effect that the corn crop walks to market on four legs-referring to the fact that most of our U.S. corn is regularly fed to hogs and other livestock. Last year, the corn crop was distributed as follows: Livestock. 2,550,000,000 bu.: food. 100,000,000 bu.: industry, 75,000,000 bu.; exports, 21,000,000 bu.; seed, 20,000,000 bu.; and miscellaneous, 155,000,000 bu. As the above figures indicate, practically the entire output is consumed at home. This year, corn, almost alone among our staple cereals...