Word: leveling
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Dates: during 1930-1939
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...supplies of electricity to operate the respirator's pump. Last week everything was in order. The respirator containing the young man was rolled into an elevator of the Union Medical College Hospital. The electric extension cord to the motor was disconnected. The elevator dropped to the ground level where another extension cord restarted the motor. When the invalid recovered his breath, he was rolled onto a motor truck, where a special gasoline motor was generating electricity. The respirator was connected to this mobile supply, and the truck proceeded to a special train which Fred Snite Sr. had hired...
...last April it was selling at $1.33 per bu., a twelve-year high, and in the subsequent world-wide break in commodity prices corn suffered relatively little. Last week in a belated scramble to buy corn for May delivery, the price was squeezed to $1.40 per bu., highest level since 1920, in the days of post-War inflation...
...recently inaugurated Armistice Day observances. The contagious enthusiasm of masses of people wholeheartedly experiencing the same emotion is impressive and heartening. As long as such collective recognition of past deeds and their tragic side is periodically engaged in, there will be a strong tendency toward national stability and a level-headed outlook...
Chief objection is that the usual life policy is made up of two indivisible parts, pure insurance and a mandatory savings account. This type of policy provides ''level premiums," a device to equalize payments throughout the life of the policy. (Actuarial tables call for premiums increasing with age.) In the usual policy the amount of pure insurance decreases each year by an amount just equal to the increase in cash value. Thus a $10,000 policy with a $5,000 cash value is really $5,000 worth of insurance plus $5,000 worth of savings. However, the savings...
...General Electric from $64 to $50. Even such a symbol of stability as American Telephone & Telegraph was off 24 points from its 1937 high ($187). Railroad issues alone have demonstrated any real resistance to the market trend, the Dow-Jones rail averages still being well above the level of the year-end. Utilities, running as usual in their own particular bear market, have been on the decline since January...