Word: marketing
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Dates: during 1940-1949
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...drop in consumer demand had brought a buyers' market in textiles, electric appliances and many another line, it was also bringing something like a buyers' market in labor. There was a sharp rise in the number of jobless in some states. The layoffs were also caused by a seasonal slump in building, and shutdown for inventory-taking, retooling, etc. In New York, the number getting unemployment benefits jumped from 320,544 in November to 461,280. But in such places as Pittsburgh and Detroit, there was no letup...
Wall Street's chronic invalid, the stock market, was sitting up in bed again. The market, which had been edging up, seemed encouraged by the President's inaugural speech (see NATIONAL AFFAIRS). At week's end, the Dow-Jones industrial average had recovered more than half of its 19-point drop following the November election. At 181.54, the industrial average was only 8.65 points short of its pre-election high mark. Even the airline stocks, which had been in the worst doldrums of all, perked up at news of dwindling deficits; their gains outran the market...
Actually, as The Exchange magazine pointed out, the post-election drop had looked worse than it was. Only 2.8% of the shares on the Exchange had been sold in the 50 sessions after Nov. 2. The drop, apparently, had been caused not by heavy selling but by the "thin market," partly due to high margin requirements...
...market for new securities also looked better than at any time in months. In two days last week, underwriters floated $30 million worth of new common and preferred stocks in five issues. The biggest: $20.4 million worth of Bethlehem Steel common, $8.1 million worth of Philadelphia's prosperous, long closely held Rohm & Haas 'chemical works.* Wall Streeters, who had long been telling one another that risk capital was all but dead, thought that they felt a stronger pulse...
Paper War. Since war's end, the papermakers have been edging high-priced cotton out of the bag market. But when 20 states passed laws forbidding the re-use of any bags for food, cotton men finally got up off their bales. With cotton bags at 32? (per 100-lb. bag) v. 10? for paper bags, cotton-bag makers had been getting by only because bakers were able to use cotton bags three and four times over in handling flour...