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Though businessmen were highly vocal, the ultimate index of their attitudes-the stockmarket-showed no response one way or the other. For this the reason was clear: the new trade treaty has been in the wind for several months and Wall Street discounted it in advance by rising, knowing that, though certain individual concerns might be hurt, any broad revival of international trade could not help but benefit U. S. industry as a whole...

Author: /time Magazine | Title: FOREIGN TRADE: No. 19 | 11/28/1938 | See Source »

Eventually, however, they will find their way into the immense catalogue of far eastern writings whose preparation Dr. Chin is now supervising. This work, the first of its kind in this country, will consist of 2,600 pages giving a classified index to the 35,000 titles in the Yenching Library. Many copies on cards will be made and sent to libraries and universities all over the country, where they will be an invaluable aid to research students of Oriental culture...

Author: NO WRITER ATTRIBUTED | Title: Rare Chinese Volumes Purchased by University To Save Them From Danger of Japanese Attacks | 11/22/1938 | See Source »

...Moriz Rosenthal boasts that he can tear a pack of cards in half, break an iron horseshoe with his bare hands, snap a taut piano string with one blow of his index finger, lift a 200-lb. weight over his head. Long a student of jujitsu, he took up boxing in his 60s, has trained for several months under the guidance of Welsh Heavyweight Tommy Farr...

Author: /time Magazine | Title: Music: Durable Pianist | 11/21/1938 | See Source »

...Stock Exchange since Oct. 21, 1937, National Steel rose 42 points, Du Pont 4 points, both reaching new highs for the year, 151¼. Close behind was Bethlehem Steel with a 3¾-point advance. U. S. Steel rose 3¼-points, Chrysler 2½. The New York Times index of 50 stocks made a net gain of 2.52 points, biggest post-election-day advance since the index was started 27 years ago. Two hundred and one stocks hit new 1938 highs...

Author: /time Magazine | Title: MARKETS: Fireworks & Facts | 11/21/1938 | See Source »

...fortnight ago, were only down 6% from 1937 last week. The U.S. Chamber of Commerce declared: "All of the evidence points to some improvement in business. ... It is too early to know the strength present trends will develop. ..." The New York Times was less optimistic. Its business index fell and when commercial, industrial and agricultural loans by New York member banks of the Federal Reserve System shrank for the fifth week in succession, the Times committed itself to the prediction that this "pretty well smashed all hopes of a 'normal seasonal expansion' this autumn." Last week, however, bank...

Author: /time Magazine | Title: STATE OF BUSINESS: All of the Evidence | 10/10/1938 | See Source »

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