Word: bullishly
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...York Stock Exchange promptly started an investigation. But there was real ammunition for bearish rail operators in the fact that Chicago, Rock Island & Pacific did slip into bankruptcy, and Atchison, Topeka & Santa Fe cut its preferred dividend from $5 to $3, first reduction since 1901. Bullish operators joked about Baltimore & Ohio's new-found source of revenue: leasing a locomotive to a Pittsburgh brewery as an auxiliary boiler...
...Howell was seen several times upon the floor contrary to his custom. Arthur Cutten was reported active. Oldtime Trader Gardner B. Van Ness was home from Manhattan. Herbert J. Blum, long inactive, was reported once more functioning. Jesse Livermore was back in Chicago with his new wife and reported bullish on corn...
...year ago stockholders learned that bullish First Security had sat too long. President Jackson Eli Reynolds announced that First Securities owed $6,000.000 more than the total market value of its investments. And last week he stated that this deficit had increased to $11.750.000, that the directors intended to liquidate the loans as soon as First Security's holdings recover sufficiently in price. First ] National Bank stock (100,000 shares outstanding) promptly dropped $50 a share...
...last week Secretary of Agriculture Hyde suspended the rule on grain futures trading which required that all individual trades of over 500,000 bu. be reported. Shortsellers, claimed farmers, were thus given free rein. But in grain circles it felt that the drop was due to the withdrawal of bullish speculators from the market when it became plain that U. S. wheat, long buoyed above world prices by the Farm Board, was seeking a level which would make exports possible. Although the Farm Board has been out of the market since June 1931 its huge wheat holdings, estimated...
...report on electric power production issued last week showed that this important business index had lost a good part of the previous week's gain. But the report on carloadings (for the week ended Sept. 17) was as bullish as anyone had hoped for. It told of 85,478 more cars of freight moving on U. S. rails than during the week before, thus continuing the gain in railroad business which began in the middle of August. September loadings up to last week were down only 23.6% from last year against a drop of 31% in August...