Word: slump
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Dates: during 1930-1939
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...name of Fairchild. Besides being the name of the world's most famed aerial camera, it denoted a good airplane. Fairchild cabin jobs flew mail & passengers, flew prospectors to Canadian gold fields, news photographers to disaster scenes. Like nearly everything else in aviation Fairchild had its slump. As a subsidiary of Aviation Corp. it lost $2,100,000 in 1929, $870,000 in 1930. Next year Sherman Mills Fairchild, its shrewd young president, pulled his company out of Avco, began quietly to build it up again by producing "flivver" planes. His losses last year were only $52.000. Last week...
...them to hedge against inflation by buying commodities and common stocks. Last week the Treasury's announcement of a long-term bond issue swung these hedgers sharply about. They sang paeans of relief and sold stocks and commodities. Because they felt so good and sold so freely prices slumped, threatened to break through the low levels established in last July's reaction. So abruptly did prices fall, particularly wheat prices which broke the limit of fluctuation (5? a bushel), that Governor William Langer of North Dakota declared an unprecedented embargo upon all shipments of North Dakota hard wheat...
...base on balls, to the noisy disgust of the bleachers. Then to the plate shambled a tall, stooped figure-"Lefty" O'Doul. An oldtime hero of the Pacific Coast League, in 1932 O'Doul was No. i batsman of the National League, but a 1933 slump had put him on the bench, to be brought forth only in a pinch like this. Twice O'Doul swung and fouled. Third-Baseman Jackson, waiting his turn at bat, called out: "Take it easy, Lefty. You don't need to hit it out of the park. A single will...
...Bradstreet reported a sharp gain in retail buying. Housewives, who had lofted department store sales in August 16% above the 1932 level, were flocking back to the counters; the downward sweep of the long-delayed normal summer slump seemed to be flattening out. Best buying was in the Midwest and on the Pacific Coast. Said D. & B.: ''No small part of the maintenance during the last few weeks of the headway made during the spring and summer months is attributable directly to the relentless enterprise of the NRA. . . . There has been no abatement in the rise of employment...
...must be described in terms of an NRA, it may be called a new return of aspirations for Hanover. 1933-34 is a year of planned recovery for Dartmouth. Recovery not only from the depths of athletic slump, but better still from the depths of listlessness and cynicism which had begun to surround the college life. At the same time it is not meant to be something like the old and trite "Do or Die for Harvard" collegiana. There are hopes it will reach deeper...