Word: slump
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Dates: during 1930-1939
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Long ago President Hoover and his Cabinet ceased optimistic predictions of an early return of prosperity. The President, after setting May for the end of the business slump, saw his forecasts go all awry. Even Secretary of Labor James John Davis, the most irrepressibly cheery prophet, has grown silent on the economic future. Democratic delay on the tariff bill was recurrently cited by Republicans as the reason for unsettled business. They prophesied a quick upturn as soon as that measure was out of the way. The new tariff became law June 17. But July, according fo figures given...
...price slump did not daunt Mr. Legge. Sure that rock bottom had been hit, he declared: "If I were a miller, I'd want my tanks filled to capacity at present prices."* He thought if planters would announce agreement to a reduction program, prices would immediately start upward. His first stop was at Indianapolis to confer with growers of winter wheat. Thence his itinerary would take him through Montana, Idaho, Oregon, Washington...
...Continuing high prices for flour, despite wheat's slump, continues to puzzle consumers...
...falling, had not reached its 1921 point of 7.19? per Ib. Hides sold at 15? per Ib. compared to 13.9? in 1921. Lead at 5.4? per Ib. was slightly above its 1921 price of 4.39?. Steel, scrap, Chicago, at $12 was at approximately its 1921 post-War slump prices...
...sank to its low point of the year, Saturday at Soldiers Field when the Holy Cross team wore itself out romping around the bases to pile up a total of 22 runs, while the scoreboard showed nine goose eggs for the Crimson. The University diamond forces showed a surprising slump in all departments of the game; two pitchers were knocked off the mound and nine errors were chalked up against the Cambridge nine...