Word: marketer
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Dates: during 1920-1929
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...were in the market for the goods you offer I would not complain of the character of this consignment, although I notice that you do not guarantee delivery. The price you put on them, however ... is entirely too high. You offer me a chance to be the Democratic nominee for the Presidency, which carries with it, in this year of grace, more than a fair prospect of becoming President of the United States. In exchange, I am to abandon forthwith and immediately a law practice which is both pleasant and, within modest bounds, profitable, to throw over honorable clients...
...reviving under better grain prices and rapidly maturing crops. Money continues easy, and now the fear of higher rates because of crop financing is being allayed. But industry is very dull, although not sufficient wage-cuts or layoffs have been occasioned to injure retail merchandising. Even the stock market has acted somewhat weary and dispirited, despite strength in utility stocks and the better railroads...
...Comparing the estimates made in October with the actual results from the fiscal year, receipts were over-estimated $32,000,000 and expenditures overestimated $208,000,000. . . . The change in the money market since the first of the calendar year was perhaps the most material factor in bringing about the increase in the actual surplus over the surplus estimated in October...
Just now the market for silver in European countries is distinctly good. Europe is weary of everlasting paper bills of doubtful value, but scarcely ready as yet to return to a pure gold standard. As a result, there is widespread demand for silver coins. Over 3,000,000 ounces of silver has been sold by American companies to Poland, to be coined into Polish token money. The German Government has under consideration a 30,000,000-ounce order for silver. Austria has resumed silver coinage at her own mint, and Russia is considering the coinage of silver money. Ultimately...
This tendency toward new models is only a phase of the severe competition in the business. One company announces a novel appliance or feature. If it gains public favor, all the other companies hasten to adopt it too. Once a new model is finished and on the market, each concern starts planning feverishly on its next model. Hence, the industry as a whole is very "spotty"; while one large Detroit company has virtually shut down, another is planning for greatly increased production...