Word: umbrellas
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There was no wind, but it was cool and near sunset. He stood, in that bored, absent-minded way which for him meant intense concentration, looking over the Yard. He twirled his umbrella slowly and let the feeling of the familiar sun-speckled paths, trees, angles, and shapes sink through him. He felt that summer, with its horde of lady students and professors in linen suits and laughter and heat, had not quite left, and he was disappointed. Perhaps he had returned too soon...
...tapped the end of his umbrella upon the concrete and asked "What are you seeking, my friend...
...lifted the tip of the umbrella form the sidewalk, mumbled a word and fell in with the other's rapid stride...
...Steel's abandonment of the price differential in effect abolishes an umbrella it has held over the independents. With its plants strategically placed. Big Steel has little fear of losing its present share of business, but some competitors in less favorable spots last week faced heavy losses. Bethlehem Steel's factories at Buffalo and Sparrows Point, Md., for example, had to cut their price for steel plate $2 more than did Big Steel in order to equalize freight difference and the effects of removing price differentials. Bluff Chairman Ernest Tener Weir of National Steel Corp., whose modern plant...
...banker has been defined as a man who offers you an umbrella, then wants it back when it starts to rain. There has been plenty of rain this year in U. S. economic life and bank vaults are stuffed with umbrellas-$2,500,000,000 in excess reserves. Last week this familiar situation was attacked from a new angle by Chairman Marriner Stoddard Eccles of the Federal Reserve System. Mr. Eccles is a smalltown banker from Utah and so ardent a believer in New Deal theories of credit control that he has often been a White House spokesman on them...