Word: basic
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Trade, now in the depths of Summer slack, faces a double speculation as to the Fall. Seasonal recovery is of course to be expected, but how far it will go remains an enigma. The basic soundness of economic conditions is undoubted and is creating wide optimism as to the future. But merchants and manufacturers would like to see something more than rosy prospects, and soon they will become impatient unless definitely auspicious signs develop, however faintly...
Incidentally, while the rise in corn prices at Chicago has been fundamentally due to basic economic conditions, its rapidity is reputed to be due to a large Chicago grain operator, Arthur W. Cutten. Before the poor condition of the current corn crop was apparent, there was a large "short interest" in corn, speculating for the decline. The lateness of the Spring season and the poor prospects of the corn crop, however, completely turned the tables. The visible supply is small, and Mr. Cutten and his associates are reported to control most of it. The unfortunate "shorts" are now paying through...
Public utilities and railroads are in high feather; their stocks are rising steadily in Wall Street; they are planning elaborate and significant mergers. But industrial concerns are very much in the trough of depression, as conditions in the basic and typical steel and iron industry go to show...
...Scientific readjustment of rates by a Government commission, with a view to encouraging agricultural and basic industries; consolidation of roads; impartial tribunal to publish facts of labor disputes...
Mining. Mining is a great and basic industry. It has suffered...