Word: low
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Dates: during 1930-1939
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...week before. The auto industry was in its summer stagnation period. And out from under U. S. business was knocked 1939's firmest prop: building's spurt to new monthly highs. The Annalist reported that building-earlier in the year up some 70% from the 1938 low (adjusted seasonally), and almost 25% from the 1937 high-had declined for the second successive month, to the lowest level since July...
When dressy, horsy Grover Aloysius Whalen unveiled his $157,000,000 New York World's Fair last April, he figured that out-of-town customers would be storming its gates by July 1. Instead of a Big Push he got an attendance so low that he was moved fortnight ago to start making reduced rates (reduced parking fees, bargain admissions for large groups) to fairgoers. Last week...
Hemmed in by Government competition, the utilities were cut off from new capital markets. Wendell Willkie cried out for private operation Binder full Government supervision. In vain. He advocated a revolving fund of $100,000,000 to finance private rural expansion, promising low rates if big-scale operation were made possible, while other bigshots in the utility field cringed at the rumpus that Willkie kicked...
...operating companies still represent more than a billion dollars in assets). But he did something else. He took the case of the utilities to the public. He articulated the argument against public ownership, generating power regardless of cost, and the argument for private ownership, under regulation, selling power at low rates and making a decent profit on its capital invested...
...Crowley. He wrote an indictment of the present state of the U. S. banking business: for 75 years the ratio of bank capital to assets and to deposits has declined. Now the number of banker-owned dollars which protect the public's deposit dollars is at a new low-about...