Word: boomings
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Dates: during 1920-1929
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...premiums for early deliveries have, if anything, increased. Pig iron production is a favorite barometer ot prosperity, and from the present tremendous output some students conclude an equally sizable period ot prosperity is at hand. This may turn out to be the case; nevertheless, the incidence of a building boom, a depleted railway system and a foreign steel and iron tie-up have added special force to pig production this year. Also, as C. M. Schwab has so often pointed out, the steel and iron industry is growing constantly, and a sensational output in 1923 will be a miserable record...
...essays in business provide frequent topics of conversation beside the Potomac. It should be realized, however, that it takes many years to establish rubber plantations, and that in the light of the recent overproduction prospects for such a venture over the next decade are not promising. The great " rubber boom " in London in 1910 was followed by a spectacular list of failures. It would be a more sensible course for large American consumers of rubber to enter the pres-ent "Rubber Syndicate" and cooperate with it in a fair stabilization of prices. Brazil's own experience with the valorization...
...nationwide building boom continues. Mr. Hoover recently recommended that the Federal Government refrain from building operations, as material prices are high and labor fully employed. The Federal Reserve Board has similarly voted to halt new construction of banking offices. Everyone in the trade seems to be making every effort to halt the rise in building costs, which has caused some uneasiness among mortgage companies and building and loan associations. In New York confusion has followed Justice Tierney's opinion that the Building Tax Exemption Law is unconstitutional. Appeal will be taken; meanwhile New York builders are bewildered...
Analysis of the business situation by the Chicago Journal of Commerce tends to show that while there is a vigorous boom in all basic lines of industry, and while wholesale trade is 20% ahead of last year, retail volume is not running parallel in its increase with the growth of wholesale business. It has been made known through the Federal Reserve Bank by the Federal Government that all uncalled Victory notes maturing on May 20 can be redeemed...
...seen when the $31,500,000 issue of Pennsylvania Railroad 5% Equipment Trust Certificates was bought out last week. Another heavy buyer has been the automobile industry, which is preparing for another banner year. The increasing production attained by oil companies has led to large purchases. Likewise, the building boom is absorbing quantities of structural steel. In addition, curtailment of operation in the Ruhr district has caused appreciable foreign purchases in this country by European nations...