Word: boom
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Dates: during 1930-1939
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...Treasury certificates, Secretary Mellon offered only 1¼%-an all-time record low. On a twelve-month issue of the same kind for $250,000,000 the rate will be 1⅞%. The last similar issues carried 2⅜% and 2⅞% rates. At the height of the speculative boom in 1929 the Treasury had to pay 5%. These new borrowings will be used to retire short-term obligations yielding...
...economic forces must be guided always by a vision of the attainable. The problem of reconciling the two is the most immediate and difficult in the world." An immediate result of the Young speech: political despatches from Washington printed under such headlines as: AMAZING TREND TO OWEN YOUNG PRESIDENTIAL BOOM NURSED ADROITLY...
...deal with short wheat sales on the Chicago Board of Trade (TIME, Sept 29 & Oct. 6).*The steady decline of the stockmarket during the past month deeply perplexed and dismayed Republican leaders, long accustomed to campaigning on the crest of a bull market. They had seen President Coolidge boom stock prices with White House statements. They had seen President Hoover's more subtle attempts to do the same thing fail. Nothing the Government did or said seemed able to brake the downward slide of values...
...others were Metal & Mining Shares, recipient of much publicity last week, and Gold Center Mines, Inc., holding company for properties from British Columbia to Bolivia, still valid and going strong last week. Popular among potent friends, apparently rich and a zestful spender, Mr. Bob was a typical "boom era" newcomer. Knowing this one could understand why he had been willing to pay in on the much-publicized Byrd expedition. Indeed, it was not his first attempt at national publicity. Shortly after Colonel Lindbergh's return to the U. S., Mr. Bob had announced that he was forming...
...will challenge again shortly. My challenger will have a [duralumin] mast and a boom like Enterprise...