Word: market
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Dates: during 1930-1939
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Part of this huge defense expense may be met through a "profit" which the Government last week arranged to obtain by revaluing its gold. Introduced by Sir John Simon in the House of Commons was a bill to allow the Government to revalue each week, at the current market price, the gold holdings of the Bank of England. Since Britain went off the gold standard in 1931 this gold has been carried at the old parity of 855. per ounce. Gold was last week selling at 148½. per ounce in the open market. At the old figure the Bank...
...feature-length films made in the world every year, Hollywood's annual 600 account for 73% of the playing time on the world's screens. U. S. domination of the world's cinema market gravely disturbs countries like Italy, where Mussolini has for years struggled to develop an industry which requires few raw materials besides talent and imagination. All Mussolini's efforts have been a flop. Italy has 2,700 theatres, which show 350 films a year. Through 1938, about 200 high-grade films were imported from the U. S. and about 50 low-grade films...
...point in February, five months before the F.R.B. Index of Industrial Production and seven months before stock prices reached their last dizzy peak. The TIMEline did indeed give the "first evidence" in that year of high and misguided hopes-but speculators, who might well have gotten out of the market after the TIMEline's sharp drop in April, would have missed the 30 to 40 point rise that took place subsequently. Chart readers would have noted that the TIMEline in September 1929, before the market crash, broke through its previous bottom (made in August...
...YORK--The stock market closed irregular today but on a note of firmness which featured a dull season in which only 440,000 shares were turned over, the smallest since Sept...
This was undoubtedly a contributing cause of last week's market break. A more important contributing cause was the prolonged hesitation in U. S. business recovery. After the six-month recovery which culminated in December, a reaction was to be expected. But by last week recovery had been stalled a full month and there was still no indication of immediate improvement...