Word: rail
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Dates: during 1930-1939
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...balancing the credit side of the ledger of cities taken, provinces overrun, is the fact that Japanese control in the conquered territory is limited to rail-lines, roadways. Her battle front, supplied by overstretched, underprotected communi cation lines, is strung out three times as long as the Western Front during the World War. Behind these front lines Chinese guerrillas range with murderous freedom. In Shansi Province, "occupied" by Japanese for four months, 28 divisions of the Chinese Communist 8th Route Army move about organizing the peasants into a Communistic province within a province. At Peking, Chinese soldiers last week attacked...
...China's second largest lake, Lake Poyang, gives the Japanese a jumping-off place for two drives on Hankow. One route leads down the navigable lake to Nanchang, main Chinese air base which was severely bombed last week, then across country to the vital Canton-Hankow rail-line. A more direct route lies straight up the Yangtze, although this means fighting along a stream well blocked with booms and flanked by mountains pitted with Chinese gun emplacements. An indication that the Japanese will use this route came last week as they requested all foreign vessels, including...
...canceled the famed Memorial Day $100,000 match race with War Admiral, was withdrawn a half hour before post time because of a swollen tendon, and Dauber, who had been so excited the day he arrived in Hollywood that he jumped out of his van while riding from the rail-road station, bruised a leg and broke a tooth, was also scratched a half hour before post time because of a bowed tendon...
Observers guessed that the naval drive up the river would remain feeble simply because the Army was loath to support it. Japanese Army commanders have no desire to shift their operations from the rail lines, roadways and comparatively solid soil of north central China to the rail-less, roadless, boggy footpath country of the upper Yangtze Valley just to aid the Navy to a victory. More likely the Army will settle down in its present position, hold its drive on Hankow until the floodwaters seep into the ground...
...with Allied Chemical leading the way with a $9 gain. On volume of 1,457,000 shares, the industrial averages went through the previous rally peak of 121 to 121.34. To Dow Theorists, of whom there are an immense number (TIME, June 20), this was enormously significant-if the rail averages confirmed the industrials by breaking through their previous high of 23.5, it meant a decisive change of trend. Two days later, rails, highballing after industrials, went to 24.9. To Robert Rhea, leading exponent of the Dew Theory, this was "more bullish than anything seen in the averages for more...