During the s, the production of animated short films typically referred to as “cartoons”, became an industry of its own and cartoon shorts were produced for showing in movie theaters.the most successful producer at the time was john randolph bray, who, along with animator earl hurd, patented the cel animation process that dominated the animation industry for the rest of the decade.Stock derivative is any financial instrument for which the underlying asset is the price of an equity. futures and options are the main types of derivatives on stocks. the underlying security may be stock index or an individual firm’stock, .. singlestock futures.. stock futures are contracts where the buyer is long, .., takes on the obligation to buy on the contract maturity date . Bibme free bibliography & citation maker mla, apa, chicago, harvard Dear twitpic community thank you for all the wonderful photos you have taken over the years. we have now placed twitpic in an archived state.