Word: slump
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Dates: during 1920-1929
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Another by no means inexperienced or uninformed group of business men is so impressed by the country's immense credit and money power that it is less inclined to predict a business slump in 1926. They point out that never in the history of the country has bank credit been so cheap, abundant and apparently sound at the crest-if it is one-of a business boom. In general they believe that our great banking resources are today a stabilizing factor that never existed before in anything like the same degree...
...quite "bullish" interview, with especially favorable comment upon the extent to which shares have recently risen. At any rate, just as the stock market itself has apparently recovered from the psychological jolt thus administered to it, so have industry and commerce. Retailers, who for a while dreaded a slump until after the Christmas season, are now apparently in a more optimistic frame of mind...
...recovery from the agricultural depression of 1920-1921 has been accomplished step by step and industry by industry. In 1921 dairying began to enjoy stabler conditions. In 1922 cotton recovered from the worst of its post-war slump. Hogs brought better prices in 1921 and 1922. Corn rallied in 1923 and wheat last year. All this while the cattlemen, however, have been vainly looking for brighter skies. Only recently here conditions favored this long depressed industry...
Jone's rapid recovery from his slump in the first round when he had been almost counted out with a 77 has been little short of sensational. In the eighteen this morning he kept to the standard of 70 which he set for himself in the second round, and thus when the third round ended at noon had climbed to fourth place with a total of 217 for the 54 holes, only four strokes behind McFarlane's lead...
...Crimson Freshmen will go into their game as slightly the under-dogs of the contest. A remarkably good early season of 11 wins out of 12 starts has been broken by a bad slump in which the Freshmen have dropped three games in a row, and to win tomorrow they will have to show better work in every department than that which they offered to the Brown 1928, St. John's Preparatory Academy and Andover outfits. What comparative advantage they gained by defeating an Exeter team which downed the Eli Freshmen early in the year has been lost by their...