Word: breaking
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Dates: during 1940-1949
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...flooded the exchange. At 10:15, traders yelled "Basement!" which meant that May corn had fallen 8?, the legal limit for one day. Within the next few minutes, May oats had dropped their limit of 6?, May wheat its 10? limit. It was the first day of a break in commodity prices which stirred the market as nothing had in two whooping years. The New York Stock Exchange slumped sympathetically...
...price break the first distant thunder of that crash? The rumbling continued for four days, then some prices firmed up. Experts pondered the reasons for the break (see BUSINESS). They were not sure of what it might bring. They did not, however, believe that it was the beginning of disaster. "We haven't gone over the cliff," said a Washington economist. "We've just hit a bump in the road." Despite the fact they had taken huge paper losses in the last few days, farmers showed no sign of panic. They confidently expected prices to go up again...
...units break down, a new one can be plugged in immediately. The machine thus stays in operation 24 hours...
...Puritans, who held a one-point advantage at halftime, waited until the last five minutes to break the deadlock. Jack Richards and Jim Powell then sank a total of six points to decide the match. Close guarding accounted for the low score...
Making good use of its slight height advantage and its precise fast break, Eliot House barely nosed out Leverett's bunnies in the roughest battle of the night, 33 to 28. Bunnry Sam Seager rang up the high score of the contest with 15 points but failed in the last minutes to infuse the required scamper into his hutchmates to overcome Eliot's five point lead...