Word: marketing
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Dates: during 1940-1949
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...convertible to dollars. Like everyone else in Europe, the Belgians want dollars to buy in the U.S. So the Dutch are building their own railway equipment industry just across the Belgian border. They are using Marshall Plan dollars to duplicate a Belgian industry which ought to have a Dutch market...
Wall Streeters have had an uneasy feeling about long holiday weekends ever since 1946. That year, after a three-day Labor Day weekend, they came back to work in a restful and unsuspecting mood, only to see the big wartime bull market collapse in six days of heavy selling. Last week, after the three-day Memorial Day weekend, they came back feeling pretty nervous. They had reason...
Before the opening day was over, a flood of selling orders (1,236,840 shares) struck the already ailing market its worst blow of the year. Out of 1,084 issues traded, 877 went down, breaking anywhere from ⅛ to 5 points. U.S. Steel sank to its lowest price in two years. The Dow-Jones average of industrial stocks broke 3.17 points. Next day it went on down to 166.53, the lowest since March...
Sinking Prices. In the drop, some bears unquestionably made a quick neat profit-since the "short interest" was already at its peak (TIME, May 30). As the market opened this week, it dropped again. A test was at hand of the mystic level of 163.12, the low mark made in the 1946 crash, which all subsequent drops had failed to penetrate...
...averages failed to break through that "floor," bulls and chartists thought the market would bounce up. If it did go through, bears thought it might slide on down to the "floor" below-i.e., the 1945 low mark...