Word: panic
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Dates: during 1920-1929
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...Drug Co., doing a business of almost $1,000,000 a week with a group of 8,000 privately owned stores in the U. S., Canada, England and elsewhere, and with 190 stores owned outright by the Liggett companies. He did not get ahead without setbacks, however. In the panic of 1907 he was hard up, held a cash auction and within an hour had checks and orders for $92,000 in his silk hat. In 1914, again in difficulties, he started his one-cent sale department that now does a business of several million dollars a year. Besides...
...placed in Peter's care the wealth she got from her uncle. How incapable of "partnership" he was had been apparent when, in the business panic, she had rushed down to tell him he could use her bonds?and found he had already done so. The disunion had hurt her worse than dishonesty. She had slept in the guest room, gone abroad. In Paris she had nearly, not quite, succumbed to an animated young tenor?who came to tea years later, paunchy, professional, perplexed...
...Anne had reserve-her father's -and self-sufficiency, the genius of the new generation. Secret panic trembled beneath Kate's joy lest her new life, her girl, should be denied...
Conducted by Fate, Kate's artist, Chris Fenno, no longer a boy, suddenly appeared as Anne's fiance and mother-panic had an unpleasant struggle with mother-revulsion. To tell the girl about a certain week in Normandy would have been to lose her. The family minister contributed some sound observations on "sterile pain" and panic, thus reinforced, carried the day. Not heroic, perhaps, but who shall say unnatural...
...conducted by professional traders rather than by the public. Now the trader can, in the long run, profit only by accumulating shares cheaply and selling out to the public at higher prices; or by selling short at high levels and buying in cheaply later on, when the public is panic-stricken. Both tactics have been tried repeatedly in the past few months; but, although traders have piped, the public refuses to dance. In consequence, the repeated spurts and reactions of highly speculative issues on the Exchange during recent weeks have had, for the, most part, no real significance...