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...copy of all sales and the price per pound. Price changes must be filed 24 hours in advance, thus preventing one company from stealing a march on its competitors. The code specifically forbids destructive price cutting, gives the Code Authority power to fix prices in an emergency or suspend code provisions if they go too high. Actually, with a 4?-per-lb. tariff, the ceiling of copper prices is self-limited at about 12? per Ib. by the threat of foreign competition. Chairman of the Code Authority is an oldtime copperman, President E. Tappan Stannard of Kennecott, who works side...

Author: /time Magazine | Title: Business: Copper & Code | 6/25/1934 | See Source »

...better ask Baldwin B. Bane, chief of the Trade Commission's securities division. The New York Curb Exchange telephoned Mr. Bane for a ruling. Yes, said Mr. Bane, if the securities which would or might be issued were not exempt, trading was most certainly illegal. Hastily the Curb suspended trading in all when-issued securities, not stopping to learn whether the issues were actually exempt or not. The Produce Exchange and the Chicago Stock Exchange soon followed the Curb's example. The Big Board had none to suspend...

Author: /time Magazine | Title: Business & Finance: Armour, When, As & If | 6/11/1934 | See Source »

...contact with authorities in the field other than those regularly used. It would also cut down the routine of attending classes to some degree and aid the student who has reading to do for some other courses. It is not advisable for the most part for elementary course to suspend classes entirely during the Reading Period, but partial benefits of the period could be attained if the number of classes were reduced...

Author: NO WRITER ATTRIBUTED | Title: ECONOMICAL ECONOMICS | 5/10/1934 | See Source »

...return for the right to issue banknotes and conduct a general banking business. The South Sea Bubble nearly ruined them in 1720. The early success of the Young Pretender (Charles Edward Stuart, grandson of James II) started a run in 1745. Napoleon's wars forced them to suspend payments in 1797. But the Old Lady of Threadneedle Street was not to be downed by war, rebellion, or civil commotion. This year she celebrates her 240th birthday...

Author: /time Magazine | Title: Business & Finance: Valuable Old Lady | 4/30/1934 | See Source »

...long ago the Supreme Court by the identical division of 5 to 4 upheld the right of the State of Minnesota to suspend the operation of a certain phase of a morigage foreclosure...

Author: By David Lawrence, | Title: Today in Washington | 3/7/1934 | See Source »

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