Word: fallen
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Dates: during 1930-1939
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...competition on a vast and widening scale. Government money built TVA and Bonneville. Government money has been pressed upon municipalities to buy or build their own local power systems. Government money has subsidized rural electrification. Meantime, in the past seven years, the value of U. S. utility securities has fallen some $7,000,000,000, and private powermen have brewed a peculiarly vitriolic fear and hatred of the New Deal and all its power works...
Disappointment No. 33 is his new epical poem The New World. Homerically splendid in conception but plain dull, for the most part, in execution, the book presents a detailed catalog of slips whereby the New World has fallen from its original promise of a New Age to the "age of brass" following Appomattox; to the ''age of gas" initiated by "logolyrist" Woodrow Wilson; finally to the "age of soap-grease" sponsored by Franklin Roosevelt. Most tragic slip, in Poet Masters' reckoning, was the Civil...
...stock convertible into Pure Oil common at $22.22 per share. But the coincidence of the market smash with the slow period of gestation which the Securities & Exchange Commission requires before permitting new stock issues threw the conversion plan askew. When the offering was finally made, Pure Oil common had fallen to $17 per share. As a result stockholders who had first rights to the stock took only 8,040 shares. The underwriters then took over the balance, impounded the stock to wait for a better market. Before this move was announced, however, a number of speculators sold the stock short...
...level was established by the Reserve Board in February 1936 when the Dow-Jones industrial averages stood at a healthy 147 and Chairman Marriner Stoddard Eccles detected a tendency for brokers' loans to mushroom. Since then the Dow-Jones industrial averages have risen slowly to 194.40, and fallen sharply back to an unhealthy 125.73. By last week, the contraction of prices had reduced the equity of so many traders below 55% that, according to Frazier Jelke & Co., at least half the margin accounts were "restricted" (i.e., not eligible for new transactions which would increase the margin deficiency...
...station for tobacco-smuggling across the French border, and, as Gomar gets deeper into the racket, Karelina's life sinks to that of a drudge in a roistering, rustic underworld. She escapes, hunts up Uncle Domitien. Gomar pursues and reclaims her-but not before she and Domitien have fallen in love- kills Domitien, and in the man hunt that follows is killed himself. The end is long-drawn-out, slightly platitudinous, with Domitien's wife and Karelina united in grief for their common lover...