Word: stockmarket
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Take My Tip (by Nat N. Dorfman; Mack Hilliard, producer) is, of course, about the 1929 stockmarket crash. A not overbright Connecticut householder has bet his shirt on something called Triplex Oil and, sure enough, Triplex Oil takes a devastating tumble. Playwright Dorfman is not so sanguine as to have Triplex Oil ride the Connecticut punter and the play back to prosperity and happiness. That end of the comedy is taken care of by a machine, well "planted" in Act I, for engraving monograms on soap...
...total charge up to $30.50. Security experts predicted that such a Federal tax would drive the public from the market and stockbrokers into retirement. The day the House adopted (207-to-39) this levy over the vain protests of New York Congressmen, the stockmarket slumped badly. To prevent evasion the House tagged on an amendment to make the tax applicable to stock deals for U. S. citizens executed outside the country...
During January the stockmarket went from an index figure of 60 to 70.8 and then came down again to 62.6. The first week of February it proceeded lower. But on Feb. 9 it was still fractionally higher than the low point...
...Stockmarket averages (Dow-Jones) closed last week in new low ground for the bear market: industrial at 79.63, rails 35.09, utilities 32.91. This was approximately the level for industrials in 1913 and 1914 before the War closed U. S. exchanges...
...long, with 4,500 mi. of track, 701 locomotives, 26,000 freight and 411 passenger cars. Last week this whole property, $358,000,000 in assets, passed out of stockholders' hands into receivership. The railroad industry saw its first major bankruptcy since Depression, looked on glumly as the stockmarket absorbed the news like a draft of poison...