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The new shipments of onions caused many futures traders to think that there was an excess of onions and further drove down onion prices in Chicago. By the end of the onion season in March 1956, Seigel and Kosuga had flooded the markets with their onions and driven the price of 50 pounds (23 kg) of onions down to 10 cents a bag. [6]
The "new" shipments of onions caused many futures traders to think that there was an excess of onions and further drove down onion prices in Chicago. By the end of the onion season in March 1956, Siegel and Kosuga had flooded the markets with their onions and driven the price of 50 pounds (23 kg) of onions down to 10 cents a bag. [6]
In the United States in 1956, commodities traders Sam Siegel and Vincent Kosuga bought up large quantities of onions and then flooded the market as part of a scheme to make money on a short position in onion futures. [1] This sent the price of a 50-pound bag of onions down to only 10 cents, less than the value of the empty bag.
April 14 – Videotape is first demonstrated at the 1956 NARTB (modern-day NAB) convention in Chicago by Ampex. It is the demonstration of the first practical and commercially successful videotape format known as 2" Quadruplex. April 18 – Maria Desylla-Kapodistria is elected mayor of Corfu, becoming the first female mayor in Greece. April 19
Events from the year 1956 in art. Events. March 1 – Replica statue of the Discus Thrower dedicated in Washington, D.C., ...
He began performing as a folk singer at the famed Purple Onion. Over time, he began incorporating his own songs into his act. He was signed to Decca Records and released several pop albums in the late 1950s. McKuen also appeared as an actor in Rock, Pretty Baby (1956), Summer Love (1958), and the western Wild Heritage (1958).
Secrets of Life is a 1956 American documentary film written and directed by James Algar. The documentary follows the changing world of nature, space and animals. The documentary was released on November 6, 1956, by Buena Vista Distribution. [1] [2]
1956 metalpoint on ivory wove paper prepared with a white ground 14 x 22 inches Art Institute of Chicago. [147] [148] Elm Street Bridge Over the Ottauquechee: 1965 metalpoint on off-white wove paper prepared with an ivory ground 16.5 x 20 inches Art Institute of Chicago. [149] [150] The Fallen, Georgia, or The Old and the New, Georgia: 1965