Word: bearishness
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...reasoning behind this drastic behavior was that : 1 ) Germany's smashing offensive portended a quick peace, which would abort the aircraft and lesser export booms, 2) a Germanized Europe and axified world would end all extra-hemispheric trade, close European markets to North & South American commodities. Another bearish factor was technical: margin calls. When the selling started, swarms of little fellows, others not so little, were forced to raise a few hundred dollars with which to keep their positions in war babies like North American Aviation (down 8⅞ points by Tuesday's close to 15) and found...
Tradition has always pictured Verdi as a sunny oldster dandling children on his knee. In "The Life of Giuseppe Verdi", a script-writer's florid fancy and an actor's indecisive acting are diligently at work portraying bearish youth mellowing into crochety old age. Inconclusive in its characterization, the picture meanders shapelessly through the minor crises in the composer's life, in a disjointed course that lacks both interest and conviction. A weak-kneed attempt to build up Verdi as a nationalist idol bogs down in conventional heroics. In a last desperate effort at unity, the director drags...
...Metals, price-cutting on copper continued (TIME, Jan. 29). The industry followed Kennecott down to 11¼? a lb. (war boom high: 13?), still failed to induce new orders. By now U. S. coppermen have become bearish on war export prospects (except to Russia-see p. 69). The trade anticipates a 33% cut in output if reordering does not save it in the next few weeks. Lead prices were cut twice in as many weeks for the same reason...
...Market? There were indications that Nazi deviltry was not wholly responsible for last week's bearish market. Stocks rarely go up when falling commodity prices reflect business unwillingness to bid for materials for future use. This unwillingness was already apparent by July 22 when the Department of Labor's wholesale price index fell sharply on its way to a new post-Depression low (74.8% of 1926), again in early August when both the Dow-Jones Index of future commodity prices and Moody's index of spot commodity prices slumped sharply...
...graduated 25 years ago. In 1917 he began furnishing impotent men with goat glands, and by 1933 when he discontinued the treatment (for simpler methods) he had performed 5,000 "rejuvenating" operations. Since 1933 he has treated his hopeful patients with the blue fluid which Dr. Fishbein was so bearish about and with simple prostate operations. For a series of treatments with ⅓-ounce ampules of the drug, Dr. Brinkley often charges $250. Operations sometimes cost as much...