Word: walls
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Dates: during 1930-1939
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...accounting practice to carry his firm's stock on its balance sheet at market instead of book value. If he had followed the professor's advice he would have had to say "This is what we will be worth if the people who buy and sell in Wall Street are guessing right about our future earnings...
...finance in 1915, when Allied orders were keeping U. S. factories humming, but when the Administration's disapproval of loans to belligerents threatened a crisis, Wilson listened to House, but did not call in Treasury experts to advise him. Wilson and Bryan, says Dr. Tansill, were gulled by Wall Street, approving measures that ran counter to their policy of neutrality in general, until the U. S. was bound to the Allied cause by the firmest of economic ties. Nevertheless, he clears Wall Street of the charge of dragging the U. S. into the War. The pressure of Wilson...
Ethiopia (TIME, Sept. 9, 1935, et seq.). A typical Ben Smith achievement was his handling of the J. I. Case Co. stock when it tumbled during the Hoover Depression. He kept selling J. I. Case short until he had made huge gains, sloganizing nervous Wall Street at this time with respect to all stocks: "Sell 'em! Sell 'em! They're not worth anything!" Last week famed "Sell 'em Ben" Smith was close-mouthed as usual, but expansive Francis W. Rickett glowingly described his conference with General Lázaro Cárdenas, the "New Deal" President...
...Mexican Government, few days later, denied that President Cárdenas had actually made an oil deal with Messrs. Rickett & Smith as yet. Since they had already rushed by plane to Wall Street, it seemed probable they were contacting prospects, preparing to fly back to Mexico City for the signing of contracts later, if possible. The big question: Was this "hot oil"-that is, are the U. S. and Britain going to agree or disagree with the proclamation by which President Cárdenas laid down three weeks ago that it was right and legal for Mexican oil workers...
...trade was down 21% as its rambling textile mills operated on a 3-day week. Glass, steel and auto-part mills were listless in northern Ohio. Northern Illinois trade shrank as Chicago unemployment grew. In Manhattan trade volume plumped 19% with cinemansions and department stores feeling the pessimism of Wall Street...