Word: losses
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Dates: during 1930-1939
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...Dumped a bucket of water on the dying embers of emergency railroad legislation. With carloadings at the year's lowest last week and 141 Class I roads reporting a $28,000,000 loss in March against a $24,000,000 net income in March 1937, Franklin Roosevelt tried to spur Congress to pass some of the proposals which have languished there for two months. But this week, after a conference with Senate Majority Leader Barkley, it was admitted that the roads would have to remain in the ditch until Congress meets again next January...
...surplus. Hope on this score plus rumors of black rust last week jumped prices on the Chicago wheat exchange 4½? a bu. day after the report was issued. But at 80?, wheat was still 30? under last spring and it looked as though only a major crop loss from rust and bad weather or vast New Deal lending could prevent the price from going lower...
...have audited the accounts of Robert Rhea and those of a corporation and two trusts operated by him and for his benefit. . . . My findings were that on total transactions [over nearly a ten-year period] involving 601,612 shares, a gain of $436.19 was realized for each $100.00 of loss." Aside from trading, his 5,565 clients at a yearly fee of $40 a head provide a neat income...
...with a lower crest and a lower trough, the March wave was proved to have been the high mark of the 1932-37 incoming tide. When September's definite signal was given, the Dow-Jones industrial average was at 165; speculators who then sold stocks have avoided a loss of more than 50 points (industrials ended last week...
...four to put these ideas into print is Fitch's, now preparing a book. Meanwhile, Associate Professor Gilbert Harold of the University of Oklahoma produced a book called Bond Ratings as an Investment Guide, concluded: "The ratings operate quite effectively to protect the investor against loss. . . . The record is not perfect . . . but it is certainly beyond reasonable criticism...