Word: dows
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Dates: during 1930-1939
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Last week, having rounded out a twelve-month rise without serious interruption, the stockmarket paused for breath. The first anniversary of the Roosevelt bull market passed with no such elated demonstration as that which carried the Dow-Jones industrial stock averages to a flat 300 on the last trading day of 1928. Indeed, the peak of the present rise was registered two weeks before when the averages touched 158.7, a clear gain of 64% from the 1935 low of 96.7. The Dow-Jones railroad stock average showed an even more spectacular gain for the year-85%. Largely because they...
...eclipse, which will be total for two minutes, will be observed through the expedition's eight spectroscopes. The instruments are made of a new super-light "Dowmetal" and are donated by the Dow Chemical Company, Midland, Michigan. With these and the new coronal camera, Dr. Menzel, who observed the eclipse of May, 1932, from Freiburg, Germany, expects to gain much new material which will be the subject for his lectures to be given in August at the Summer School session...
...Dow-Jones industrial stock averages closed at 147. Next day Federal Reserve Board Governor Marriner Stoddard Eccles publicly pronounced the market sound, declaring: "I think there is an element of safety and of strength in the fact that security purchases are being financed out of cash. . . . I am doubtful whether a runaway stock-market situation can proceed very far without being reflected in an increased demand for borrowed funds...
...last year Mr. Gibson reported net operating income of $6,645,000, up from $5,163,000 in 1934. Another $6,000,000 was chalked up last year for recoveries and profits from securities. Total resources at the year end stood 100% above the figure five years ago. Harvey Dow Gibson placed his money on Recovery...
...Curiously, the Dow-Jones bond averages rose above ico last week for the first time since they were compiled 20 years ago. Low was 65 touched in June...