Word: downward
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Dates: during 1930-1939
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...plane droned up the steep pass beyond the tree line, its motors suddenly coughed. Back at once circled the pilot in search of a landing place. Before he could find one, his plane was caught in a strong air current, slithered downward, crashed in a fountain of flame on the rocky saddle between the two dormant volcanoes. When rescuers climbed up over the mountain flank, most of the 14 bodies were incinerated beyond recognition...
...tumble. Yet by last week it had regained composure, and prices were nearly back to the highs of the previous fortnight. To the first flood news last week the market was impervious, though later when it was realized that first-half earnings would have to be revised downward for the industrials, utilities and railroads affected, quotations began to soften. What the stockmarket will do next is anybody's guess. But what U. S. business will do for the next few months was reasonably clear...
...polls. Nowadays Mr. Hurja apparently places much reliance on the Gallup polls which are being syndicated in 70 newspapers as the American Institute of Public Opinion. Dr. Gallup's first poll, taken in February 1934, rated Roosevelt strength at 69% of the electorate. Subsequent ratings fluctuated, tended generally downward. Lowest rating was 50.5% last September; last rating was 53.9% two weeks...
...business (TIME, Feb. 3) was one reason cited for weakness in can stocks. But Owens-Illinois has thus far gone into cans in only a small way, and both American and Continental commonly tie up their large customers with long-term contracts. A more reasonable explanation was a downward revision in estimates of American Can's 1935 earnings. American Can had been figured to make almost $7 a share. More recent estimates pared prospective earnings to $6 or less, compared to actual 1934 earnings of $6.72. The price of tin plate (and therefore of tin cans) has not changed...
...speculation. In that orgy of 'prosperity' slum conditions went unheeded, better education was forgotten, usurious interest charges mounted, child labor continued, starvation wages were too often the rule. . . . Mammon ruled America. Those are the years to remember-those fool's paradise years before the crash came. Downward Spiral. "This nation slipped spirally downward, ever downward, to the inevitable point when the mechanics of civilization came to a dead stop on March 3, 1933. You and I need not rehearse the four years of disaster and gloom. . . . You and I can well remember the overwhelming demand that...