Word: bullishness
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...reading for stockholders were most of the earnings statements released last week. But bullish items were present. Compiling the first 275 statements issued, National City Bank compared the total first-half earnings with the same period last year, found a 24% drop, compared second-quarter figures with the same period in 1928, found the decline was only 3%. Interpretation: the decline in business, compared to a normal year, is not serious. Equally bullish was the statement issued by U. S. Steel's finance committee: "At this date, the manufacturing plants are operating at about 63% of capacity. Indications . . . point...
...temporarily defunct) smalltime Wall Street operator who makes a few lucky killings in a bull market and fancies himself a financier. On the side and from time to time he also chaffs men of less strawy mold, notably Banker Charles Edwin Mitchell (National City) for his extremely bullish utterances, his apparent unawareness of what was going on, just before the late great stockmarket crash. Otto Munson, umbrella-rib manufacturer, sells his business for $20,000 and buys everything he can on margin. Unable to go wrong in the kind of market he has to deal with, he begins to clean...
With these words, Calvin Coolidge last week emerged from his long silence regarding Business Conditions. The statement began his new series of syndicated daily newspaper articles under the heading: "Calvin Coolidge Says:" (see p. 18). Bullish in the first, he waxed spiritual in the second, then practical in the third wherein he suggested that "a healthy commerce" would be created if all who can would pay their retail bills promptly, buy as much as they...
Investors. A bullish item was a confirmation by U. S. Steel of the impression that odd-lot buying of good stocks continues strongly. At the end of June. Steel had 5,557 more stockholders than at the end of the first quarter. Its roll of 129,626 investors compares to 105,612 during the bull market a year...
Circus business is famed for its hazards. Last week to Haverstraw, N.Y., came the Kent trained wild animal show, five days out of winter quarters, gaudy and bullish. Promptly things began to happen: 1) William Schultz, partner, found one of his valuable horses had been stolen, sold to a Negro for $20; 2) The local light company refused to furnish illumination on credit, the fodder merchants to furnish fodder; 3) After putting up the tent, the roustabouts struck, left; 4) The band followed the roustabouts; 5) A rainstorm came, razed the tent; 6) The tent manufacturer and the sheriff came...