Word: scares
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Dates: during 1930-1939
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...investors had got the scare out of their systems before the first bomb was dropped by Hitler's airmen on the Vistula bridges. Before the ink was dry on the first war extras, the stockmarket zoomed. One day's listless market (457,890 shares) became peacetime financial history. The next morning as the Germans entered Poland, 1,970,000 shares (1939's daily average 720,072 shares; 1939's biggest day, 2,888,000 shares) changed hands on the New York Stock Exchange. War babies (steel, metals, aircrafts) led the advance. Bethlehem Steel, Santa Claus to many a World...
...unforeseen result of Mr. Dewey's announcement was to scare the living daylights out of Lepke. He figured he would get a lighter rap from the Federals than from zealous Mr. Dewey. Last week Lepke walked into the Federal Building accompanied by the chief of the Federal Bureau of Investigation, John Edgar Hoover. As soon as news of his capture leaked out, New York City's officials...
Last week provided additional evidence that the Polish crisis was just one of several factors depressing stock prices. War markets have a normal pattern: ordinarily, a war scare forces stock prices down (because businessmen want cash) .and commodity prices up (because Governments and corporations want essential supplies). London markets ran true to form last week; most commodities rose because of speculative war stocking (including heavy copper and rubber buying by Germany). Instead of following the pattern, U. S. commodity prices marched downhill like stocks (the Bureau of Labor Index remained at its low; Dow-Jones and Moody commodity indices each...
...flights to France was Air Chief Marshal Sir Edgar Rainey Ludlow-Hewitt, head of the Bomber Command. Tall, spare, methodical, he is a practiced muscle flexer, for he has commanded the R. A. F. in Iraq and India, where it is the function of antique planes to scare the baggy pants off bearded tribesmen. Last week Sir Edward's up-to-date bombers did a little job of scaring right at home...
...Japan demanded as the price of raising the Tientsin blockade that Great Britain cease supporting Chinese currency and turn over to her the Chinese silver stocks deposited in British Concessions. On this point Mr. Chamberlain has said that he would never yield. Last week, with the U.S. throwing a scare into the Japanese, concession seemed out of the question, even if it meant breaking off the parley...