Word: locales
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Dates: during 1920-1929
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Suddenly an urgent message flashed from Sandringham. A powerful limousine darted from the Prince's residence to the railway station. Out over a cleared track roared the special train?too late! Four minutes before it reached Wolferton, the local station adjacent to Sandringham, the Queen Mother breathed her last...
...usually is attributed to almost any event whether it has any close bearing on the stock market or not. In this particular case it was raising of the rediscount rate of the Federal Reserve Bank of Boston from 3½% to 4%-a step occasioned by purely local conditions. Speculators in stocks, dealing in a market which had grown top-heavy of its own accord, evidently feared a similar rise in the rate of the New York Reserve Bank and threw overboard their motor shares in haste...
...this case be the first institution to start the upward movement. Formerly almost all general changes in Reserve rates have been initiated by the New York Bank as representative of the money-centre of the country. Also, there is much curiosity over the question as to just what local conditions in Boston, if any, should have made it advisable to start the rate-advance...
...last few years there has been almost an epidemic of temperance-drink companies, following in the highly successful wake of Coco Cola of Atlanta. Once considered local and insignificant concerns, they have sought capital in the Wall Street financial markets. Speculators are now accustomed to buy White Rock on margin or-if they dare-sell Canada Dry Ginger Ale short. Some of those temperance-drink shares have done very well by their holders in this year's stock market. Recently the Welch Grape Juice Co. for the first time since February, 1921, resumed common stock dividends by a payment...
...well known that large amounts of builders' supplies are headed for Florida to substantiate the dreams of local realtors and their customers. Apparently, however, the freight congestion is going to slow up construction activities in Florida for this winter...