Word: boomingly
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Dates: during 1930-1939
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...much money on operations as they spent in 1929, receiverships would now be almost universal. They have, however, made extraordinary reductions in operating expenses. In 1934 maintenance charges were $1,000,000,000 under their 1929 total, and transportation costs were almost $1,000,000,000 lower than the boom-time figure. But when nearly $3,000,000,000 are taken off receipts and less than $2,000,000,000 off costs, the railroads are still about $1,000,000,000 under prosperity levels. And bonds clamor for interest in even the worst of times. The fixed charges, mostly bond...
Homestake's boom began mildly in 1927, when better grades of ore were unearthed and gold recovery per ton started to rise sharply. A ton of the ore was worth $4.50 in 1929, $7 in 1932, $9 in 1933. When the price of gold jumped through the Roosevelt hoop, emerging at $35 an ounce, returns per ton rose further, and now average nearly $14. Homestake's per share earnings went up from $2.23 in 1926 to $9.94 in 1932, $19.94 in 1933, $28.29 in 1934. Last year they jumped again to $32.43 per share. Dividends have swelled from...
Evalyn's father, Thomas F. Walsh (not to be confused with Montana's late Senator) was an Irish immigrant who drifted to Colorado, left his carpenter's trade for prospecting. He ran a store in Deadwood, owned Leadville's most respectable hotel during the boom there. Evalyn's mother, known to Leadville as "a rather refined lady" because she changed the name of one of her husband's strikes from Sowbelly Gulch to St. Keven's, had gone West to be a schoolteacher. Evalyn was born in 1886, can still remember...
...prime asset of Rhodes is its obvious sincerity and meticulous attention to fact. Another asset is its refusal to drag in that usual cinema qua non, a false romance. Yet these qualities, which make it good history, also make it a painfully pedestrian picture. Walter Huston has to boom out such lines as: "Napoleon tried to unite Europe and failed. I am trying to unite South Africa, and I will not fail...
...height of the 1929 investment trust boom people were eager to pay $1 for the privilege of having $1 invested in their behalf by Wall Street banking houses. The extra $1 did not actually go to the investment bankers. But in the open market people scrambled to buy investment trust stocks for a price which was twice the value of the assets behind them. Assumption was that any banker worth the name could, in a trice, make at least 100% on money entrusted to his care. When it was belatedly discovered that banker-managed investment trusts could lose money just...