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Word: stockmarket (lookup in dictionary) (lookup stats)
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...unsound financial situation because many a corporation promptly called in its loan at the first sign of trouble. Five directors of one corporation threatened to resign last week if their company should call its loan. These directors took the honorable position that having once loaned its money to the stockmarket, the corporation should stand by the market so long as its loan was adequately protected by collateral...

Author: /time Magazine | Title: Business: Market Lesson | 11/18/1929 | See Source »

...what extent would the Bear psychology of the market spread to business generally? Through last week, optimism was certainly more pronounced than pessimism. Stock brokers were far more pessimistic than businessmen. Being, especially in the lower ranks, a provincially Manhattan lot, they seemed to think the Stockmarket would be disgraced if Business did not humbly follow its lead. Outside of lower Manhattan, Detroit was the gloomiest spot, the depths being reached by the jocular motor executive who seemed to feel that never again would any U. S. citizen be able to buy anything except a Ford. Following are three typical...

Author: /time Magazine | Title: Business: Market Lesson | 11/18/1929 | See Source »

...That funds hitherto concentrated in the Stockmarket would go into more legitimate fields (some realtors appeared to think that the public was going to build houses with the money it had lost in the market). Certainly there was much talk of a revival of interest in bonds, which have recently been spurned even by widows and orphans...

Author: /time Magazine | Title: Business: Market Lesson | 11/18/1929 | See Source »

Sparse has been the comment upon individual losses in the Stockmarket crash fortnight ago. Few people have had the temerity to expose the amount of their trading losses, fearful of jeopardizing their credit standing. Gleeful, therefore, were newsgatherers last week to find one person who admitted her losses, flaunted the amount, even named the stocks she had had. She, a Miss Margaret Shotwell. 19, of Omaha, said that she had lost more than $1,000,000 in Montgomery Ward, Paramount, Cities Service, General Motors...

Author: /time Magazine | Title: Business: Broken Doll | 11/18/1929 | See Source »

...Cooke went among the Buffalonians and told them the University ought to be endowed. Some 24,000 citizens gave $5,177,000. This year Mr. Cooke went forth again and when his drive ended last week, some 30,000 contributors had given, despite a crushing stockmarket. more than...

Author: /time Magazine | Title: Education: At Buffalo | 11/18/1929 | See Source »

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