Word: dowe
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Dates: during 1940-1949
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...over, a flood of selling orders (1,236,840 shares) struck the already ailing market its worst blow of the year. Out of 1,084 issues traded, 877 went down, breaking anywhere from ⅛ to 5 points. U.S. Steel sank to its lowest price in two years. The Dow-Jones average of industrial stocks broke 3.17 points. Next day it went on down to 166.53, the lowest since March...
...market gave the bears some mild encouragement; the Dow-Jones industrial average closed last week at 173.49. off 1.71 points. Did the big rise in "shorts" mean that the market was likely to keep on going down? Paradoxically, many Wall Streeters thought it meant just the opposite. They argued that any rise would scare the bears into "covering" (i.e., buy in the stocks they sold short), thus give the market an added boost. On the other hand, if the market dropped further, the bears would also buy so they could take their profits, thus check the drop...
...over a year, the post of vice-President and Dean of Faculties at Northwestern has been vacant. The last holder of the position was Fred Dow Fagg, now president of the University of Southern California...
...board chairman went wiry, 69-year-old Earl W. Bennett, treasurer and Willard Dow's right-hand man on finances. He had guided the company's spectacular expansion during depression years...
...offing: 22-year-old Herbert Henry Dow II, Willard's only son, now a student at Massachusetts Institute of Technology...