Word: dows
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...thin, the selling persistent. Routed from its long rut, the trading volume soared to 1,870,000 shares, and at times the ticker was as much as three minutes behind the floor. When the closing bell bonged that day 385 stocks had touched bottom for 1937, and all three Dow-Jones stock averages had reached new lows for the year, industrials being off 8.16 to 164.39 as against a 1937 high of 194.40 last March...
...cold water from President Roosevelt, the crack-up of the British commodity boom and the unhappy state of the nation's labor relations, reached bottom in June. For two months thereafter all was well enough, save for the extreme thinness of stock and bond trading. On Aug. 14 Dow-Jones industrial averages reached a high of 190 for the summer. Then, to the confusion of prophets, the whole market began slipping. By last week the market was back almost to the year's lows-Dow-Jones industrials to 170, utilities to 26.40 and rails actually penetrating their previous...
...Pure. In a scientific industry, Pure Oil Co. has long distinguished itself for the success of its geologists. When the first commercial oil well was drilled in Michigan twelve years ago, Pure Oil men conferred with engineers of Dow Chemical Co. (TIME, Dec. 28), drew maps from salt well records showing probable oil structures near Mt. Pleasant. After buying leases on 500,000 Michigan acres the company proceeded to open up one of the big fields which have since made oil Michigan's third most important industry...
Started as an experimental program in the Michigan field more than five years ago by The Dow Chemical Co., acidizing has spread to the great Mid-Continent field of Texas, Oklahoma, Kansas, Louisiana, New Mexico and on to Wyoming, Montana, Colorado, California-even to Alberta, Canada, and to Old Mexico. Dowell Inc. was formed in 1932 as a wholly owned subsidiary of The Dow Chemical Co., to handle this new business and to put it into practice...
...change last week the stockmarket went up. It was no whooping rally; the Dow-Jones industrial averages showed a net gain of less than 3 points for the week. Daily trading on the New York Stock Exchange never reached 1,000,000 shares.* Yet Wall Street had what Owen D. Young calls a "feeling in the seat of the pants" that the market had turned a corner. From a recovery high early in March to their low in June the Dow-Jones industrials dropped approximately 15%, from 194.4 to 165.5. By last week they were back to 172.2. Mercurial shifts...