Word: lows
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Dates: during 1920-1929
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...Calvin Coolidge, apostle of Prosperity, visiting perhaps the greatest single source of Prosperity in the U. S. The low mountains of Itasca and St. Louis counties are, literally, mountains of iron. Near Hibbing, where the earth gives an enormous red yawn, is the Hull-Rust Mine, the largest open-pit iron ore mine in the world...
Only one thing has troubled the serenity of New Bedford. Wages of the textile operatives, averaging $19 a week, were undeniably low. And when the mill owners announced, early last April, that wages were to be cut by 10%, reducing the average wage to $17 a week, the workers were stirred to serious and active protest. Out of 27 mills walked some 27,000 operatives, spinners and weavers, loom fixers, slasher tenders. They left 3,000,000 spindles idle, and 50,000 looms...
...Azara's major trouble was running into calm seas. In one four-day period she moved only 20 miles. But her owners, George J. and Francis E. Baker of Detroit, gallant sportsmen, refused to unseal her engines and use them, even though the fresh water supply was running low...
Memorable, last week, was the midyear statement of American Locomotive Co., made public by Chairman William Hartman Woodin, recent Smith convert. Net profits for the first six months of 1928 were $1,502,702, as against $2,485,784 in 1927. "Locomotive buying," said Chairman Woodin, "is at a low...
...prosperity with which we have not learned to dal." Warned the wise Cleveland Trust Co.: "Clearly a reform is needed in New York banking practice." Screamed the financial writers, sensationally: "Boot leg Loans! Outlaw Banking!" Depressed, discouraged, the bond market fell to 98.29, the year's new low. But the stockmarket, still optimistic, held its own, advanced a little...