Word: high
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Dates: during 1930-1939
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...gifted Adelaide Alsop Robineau, pioneer U. S. ceramist. On a shoestring budget Miss Olmsted has brought the show to national importance. Overjoyed was she in 1937 when a similar exhibition of U. S. ceramic art by European invitation toured Denmark, Sweden, Finland, and England, ceramic centres all, and won high praise. No mere praiser of museum pieces, Miss Olmsted is glad that many of he ceramists who enter the show are commercial designers, that the interest the show has inspired has spurred better design in mass production. Her aim: to remove from mantelpiece art the stigma of an inferiority complex...
September added over $6,000,000,000 to the value of New York Stock Exchange securities. But last week, stock prices marked time, the Dow-Jones average of 30 industrial leaders fiddled & fussed between the September 12 high of $155.92 and $150 (August 31: $134.41). September's stock buyers wanted to know if they had got ahead of the business procession, if so, how far. One reason why $87.50 seemed a more logical price than $100 for War Baby No. i Bethlehem Steel, was this kind of calculation: the very lowest estimate of September's gift...
...money going into World War I's favorite commodities. Earlier in the month knowing speculators in copper had been stung by the price being pegged at 12? a Ib. (1918 high 26?). Europe was showing no signs of needing U. S. copper. Another World War II flop was wheat, which boomed to 92? first week of September, ended the month at 87? (1918 high: $2.25). Reason: for the week ended Sept. 23, U. S. grain exports totaled 366,000 bushels against 2,779,000 bushels in the same week of 1938. One commodity which had previously got somewhere...
Another type of bargain-hunting centred about movie companies which sold off on the outbreak of war because they depend on belligerents for as high as 40% of their gross from pictures. Last week, shrewd buying was anticipating new strength in movies on an offsetting increase in U. S. moviehouse attendance...
...lose or draw, one place no one wanted to put money was in investments for income. American Tel. & Tel., which had paced the market earlier in 1939 (high $170 1/8) when people wanted the $9 it pays per share, without realizing it wasn't earning $9 a share, lazed at $161 7/8 (Aug. 31 close: $160 7/8); yet it is now earning at the rate of $9 for the first time in two years...