Word: slump
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Dates: during 1930-1939
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Last week the Department of Labor issued its March employment figures which completely confounded the January prophets, raised doubts as to the fulfillment of the President's own forecast. Instead of a Spring employment rise, the March figures indicated a Spring slump of 1% under the already depressed February level...
...much swagger. Their operations in the pit caused much lifting of eyebrows among veteran traders. Their efforts to bull wheat to the peg price of $1.18 failed. When the price rose on dry weather reports, the Kelloggs sold Government wheat heavily, took a profit, helped to produce the next slump, arouse the ire of growers. This month Stabilization Corp. held its first annual meeting, reduced Mr. Kellogg to a vice president. Selected for president after a vain search among big grain men for a No. 1 executive was one George Sparks Milnor, an able, honest, small-scale miller of Alton...
...coffee exchange last week many a broker doubted that the loan would go through, "understood" that the Brazilian coffee situation is in such bad shape that J. Henry Schroder & Co. of London were beginning to wonder whether the coffee sword can be stayed, whether a coffee crisis and price slump are not inevitable...
...exchange closing. Within the past two years the value of shares listed on the Tokyo Stock Exchange has fallen 30%. The removal of the embargo on gold shipments out of Japan has seriously depleted the country's gold reserve. Decreased U. S. demand for raw silk has brought a slump to Japan's chief export industry. Last week's cotton strike, and a hint of further labor troubles, brought Japanese brokers to panic's edge. Deeply concerned was the cabinet of Prime Minister Yuko Hamaguchi. A Tokyo correspondent quoted the opinion of several cabinet members that "the present condition...
Pullman travel in 1929 took its worst slump in five years. Though the company operated more cars (8,842), more miles (1,206,767,059) than ever before the number of passengers (33,434,268) fell off 2,638,943 from the five-year peak. The average Pullman passenger traveled 420 miles on each trip last year, 25 miles further than he did in 1925. But where 13 people rode in each Pullman car in 1925, only 11 people rode in 1929. Result: many more empty upper berths...