Word: slump
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Dates: during 1930-1939
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...arable ground is owned by fewer than 600 families. To the hacendados (landowners), Chile's ruling class, Candidate Ross is "the ablest financier on the continent" because, as Finance Minister under President Alessandri, he was able to hoist Chile from the World Depression and a private slump of her own without further burdening the huge land holdings...
...year it has been experience and coordination which has spelled their outstanding success. A hard-working lot with shifty passing and splendid ball control, the soccermen rolled over Tufts, Amherst, Dartmouth, and Springfield. When their accustomed accuracy faltered against the kickers from Nassan, the squad went into a decided slump which didn't let up for the M.I.T. encounter. "Against the Tigers we went stale," the Coach explained, "but I think we've pulled...
Securities. War in 1914 took the world's markets by surprise. There was enormous liquidation on the New York Exchange, finally forcing it to close for four months after a slump in one week of some 11% in stocks. Last week, the Exchange cautiously declared that this time it would do its best to remain open. This would obviously be easier than in 1914- margins are 40% now against about 10% then and volume of sales has increased some eight times, making foreign holdings and trading less relatively important. Last week the SEC and the Exchange had their heads...
...Radio's 1933 depression was not only brief, it was also noteworthy for being tardy, for other industries were near bottom as early as 1932. So network-sales experts have derived from that experience their characteristically optimistic axiom that in times of slump radio is the last industry to slip in, the first to scramble...
...however, Federal Reserve summaries for reporting banks in 101 cities showed the trend had been reversed for three consecutive weeks of August: loans rose $30,000,000 in New York City, $11,000,000 outside. Though there is always a seasonal expansion in August and though there was a slump in the week before Labor Day, Reserve officials asserted that the figures indicated the beginning of recovery had come to commercial credit as it has to the Stock Exchange and to most businesses...