Word: pooling
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Dates: during 1930-1930
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Unusual as was the inclusion of small stockholders in a big official pool, yet more unusual was the explanatory interview given by Amadeo Peter Giannini, founder of Bank of Italy whence sprang Transamerica. He said, startlingly, that the syndicate should give protection ". . . against such drives ... as have been experienced since the middle of the year 1928, at which time and since a certain California competitor has been a most active participant in the group conducting the market operations. . . . May I urge . . . stockholders to put up a united front against the enemy...
...soon discounted as a merely characteristically florid sales talk by the ageing mas ter of finance. Meantime, many thousands of Trans america's 200,000 stockholders wrote and traveled to the company's 400 branches to join in this rare game where Little Shots could play pool-partners with Big Shot...
Wheat. The Canadian Wheat Pool was a full-fledged organization in 1924. It attempted to control world prices, failed. The Federal Farm Board, set up last year, has pegged the price of wheat in the U. S. but found no way of disposing of its surplus. The result may be transferring the loss from the farmers to all the taxpayers. To limit production in future, the Board has for months been urging, begging, warning U. S. farmers to plant less wheat, at least 15% less. Last week the Department of Agriculture reported a 1.1% acreage reduction in 1931 winter wheat...
...Watson '15 (H.C.) 15-11, 11-15, 15-10, 15-11 C. G. Breckinridge '32 defeated H. B. Jackson 15 (H.C.) 15-11, 11-15, 15-10, 15-11, C. G. Breckinridge 82' defeated R. B. Watson 15 (H.C.) 15-18, 18-9, 15-11, 15-10, Beekman Pool '32 defeated T M Carpenter...
...Ingraham '31 will play N. F. Glidden '31; C. D. G. Breckinridge '32 will play Beekman Pool '32. The date for the final match is as yet undecided...