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Word: streeters (lookup in dictionary) (lookup stats)
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...again, exports are off 10% from 1947's record high. At home the first flush of the postwar demand for cotton goods has worn off; New York bargain basements, for instance, are selling shirts for $2.95 which last year brought nearly twice as much. To many a Worth Streeter it looks as if the war-swollen cotton trade is going to be trimmed back to peacetime size...

Author: /time Magazine | Title: Worry on Worth Street | 8/30/1948 | See Source »

This has caused speculators to believe that the "breakout," when it finally comes, whether up or down, will be a big one. After last week's rise, many a Wall Streeter was betting that the break will...

Author: /time Magazine | Title: Breakout? | 3/29/1948 | See Source »

Said a Wall Streeter: "Investors have had a bad psychological shock." The shock was a sudden drop in the price of long-term Government bonds. Last week's drop, over two points in some issues, was the biggest in more than a decade, and it touched off a wave of selling which quickly spread to corporate and municipal bonds. The New York stockmarket, which had been showing signs of a year-end rally, was stopped in its tracks. Cause of all this: a surprise move by the Federal Reserve System which curbed credit...

Author: /time Magazine | Title: FISCAL: Credit Curb | 1/5/1948 | See Source »

Florid, flustered Laborite Allighan, an ex-Fleet Streeter, had made an abject apology. But to Deputy Prime Minister Herbert Morrison's proposal that Allighan be suspended for six months, Winston Churchill snapped: "How can you stigmatize a Member as dishonorable . . . and then after an interval . . . resume calling him an Honorable Member?" The House agreed. Shortly after his expulsion Allighan resigned from the Labor Party...

Author: /time Magazine | Title: The Press: Glass-House Garry | 11/10/1947 | See Source »

Despite this glowing report, many a Wall Streeter still had doubts about how the company would do as the auto market became more competitive. So far, K-F has made 113,694 cars and sold them all. But some K-F dealers are running into difficulties because of K-F's prices. The Wall Street Journal reported last week that K-F dealers offer the highest trade-in allowances on used cars, and thus, in effect, cut their K-F prices to stimulate sales. But neither Henry Kaiser nor his smart son Edgar was worried. They hope to turn...

Author: /time Magazine | Title: Business: Joy at Willow Run | 10/27/1947 | See Source »

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