Word: boomingly
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Dates: during 1930-1939
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...hammer blows of the long promised building boom were at last within earshot as Federal Housing Administration announced that construction in July was 700% ahead of July 1933, that 200,000 dwellings would be constructed this year compared with 75,000 last year...
...demonstration was not, however, the most striking evidence of the peculiar power of gold over Depression. The Philippines has not only a gold boom but also a mining stock boom, and last week its fine frenzy was augmented because it had virtually been given an official blessing by no less a person than strutty little Manuel Quezon, President of the Commonwealth...
...second boom of its kind in three years. The first one struck the Philippines in 1933 when the dollar was cut loose from gold. In that year 14,658 Philippine gold claims were staked. The Philippine gold mining business, which had only been coming into its own about the time Depression hit, went zooming. A boom in gold stocks swept like a typhoon through Manila. Then the stock boom collapsed, as such booms do, but not the mining business...
...This was boom talk. All that was needed to start another mining stock boom were a few "circumstances": 1) prospective Philippine independence which will put other Philippine exports outside the U. S. tariff wall, thereby making them unattractive for investment; 2) $16,000,000 of AAA sugar benefits which poured into the islands; 3) the Spanish revolution which marooned Spanish capital in the islands; 4) the greater venturesomeness of British and Chinese capital...
...jobbers through a handful of agents such as Johnson & Matthey of London and Charles Engelhard, head of Baker & Co. of Newark. Russia sells through Amtorg. With this small field of big sellers and an unorganized field of small buyers no one could tell whether the recent platinum boom was caused by a rush of buying or a reluctance to sell. Last week the air was full of conjectures. Least ominous guess was that there had been a sudden rise in the marriage rate, causing a demand for platinum wedding rings. Retail jewelers in convention last week announced jewelry sales were...