Word: boom
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Dates: during 1930-1939
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...optimistic Iron Age reported that orders for early 1940 production would account for only 65-80% of capacity. A decline to this level in the steel rate will be enough to drag the production index down from its current 120-plus to something closer to 103, the level the boom started from...
...When Bethlehem Steel, No. 1 U. S. war baby, reported nine-months earnings of $1.89 a share, as against a $1.26 deficit last year, its stock fell two points. Last week it sold at 85, down 15 points from its war-boom high...
...York Stock Exchange averaged only 896,517 shares a day compared to 983,577 shares in dull 1938. And the Dow-Jones average of 30 industrials, which stood at 155.92 when the third-quarter earnings reports began to hit the financial pages, hovered around 151-about the non-boom level...
...life in his hands, suggest brutal tax increases. The shadow of 1940 lay heavy on the grey Capitol, the gleaming White House. Ancient, ham-handed "Old Muley" Bob Doughton of North Carolina, chairman of the House Ways and Means Committee, celebrated his 76th birthday, optimistically remarked that the war boom in business might obviate the need of new taxes...
Three months ago some two-thirds of the railroads of the U. S. could be divided into two classes: those insolvent and those not yet insolvent. World War II's boom has not yet fundamentally altered the case. Two Government specialists last week suggested what could be done for the two classes...