Word: marchings
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Dates: during 1930-1939
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Coal: From 2,000,000 tons a week early in May production rose to 6,000,000 'cons at the end of the month, but coal freight shipments recovered to only 84% of the March level. After a few days of stocking up by utilities and other strike-hit consumers the after-strike boomlet fell off. Meanwhile, anthracite production slumped back into its customary stagnation...
...high 1939 peak. General Motors' Alfred P. Sloan Jr., long bullish, complained last week that the spring recovery had fizzled: G. M.'s May sales fell 3,559 from April, the industry sold about 10,000 units more than in April, but not so many as in March...
Government Securities: To check the rise in Government securities in March, April, May, the U. S. Treasury had various Government trust funds sell $90,000,000 of their Governments, but investors with nothing better to do in the last two weeks bid Government securities up to new highs (over 114), thereby reducing interest rates to metaphysical fractions. So New York's great National City Bank complained for all U. S. banks (who now have 60% of their funds invested in Governments): "Treasury bills [are] selling at the virtually non-existent yield of 0.004%, and all maturities of Treasury notes...
...Last March, with due ceremony, Benefactor Frank presented his streamlined "disaster wagon" to the city. Hordes of Portlanders gaped at its shiny coffee urn, at emergency hospital and surgery paraphernalia, gas masks, water pumps, a two-way radio, portable searchlights, acetylene torches, wrecking tools, respirators, even snowshoes and toboggans for winter rescues...
...Section of Lithuania returned to Germany late in March...