Word: forecasts
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Dates: during 1920-1929
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Perhaps a very farsighted steel observer could have forecast the Republic merger as long ago as April 1928, when another steel man in whom Mr. Eaton was interested also changed jobs. This man was Elmer T. McCleary, who, after 22 years with Youngstown Sheet & Tube, left its vice-presidency to become president of Republic Iron & Steel. Under the McCleary administration Republic acquired Sheet & Tube, and in 1929 will more than double its 1928 earnings. McCleary habit: to work 12 hours a day 365 days a year. McCleary pride: the new electrical welding process which Republic acquired in taking over...
...Could any of you, with all your capacity to forecast, then have said to both of us: 'Gentlemen, you will bid each other good night tonight at the corner of Holloway station, and it will be your fate not to meet again until invited as guests of His Majesty to partake of his hospitality at Buckingham Palace...
...learned from Stillman Infirmary that, Harding spent a comfortable day and was rapidly improving. His condition is critical and will remain so for a day or two but a rapid recovery is forecast...
Sages. Many were the self-proclaimed sages who declared they had predicted the break. But outstanding Wise Man was Roger W. Babson who, after a record of much unsuccessful seering, publicly forecast the decline, although instead of his break of "60-80 points," the industrial average dropped 183 (according to Prof. Irving Fisher's index of 50 most active industrials). Quickly capitalized was Seer Babson's accuracy, as were Wag Cantor's losses. Newsstands displayed for $3 a pamphlet giving Babsonic market recommendations. A long silent sage, John Moody, late last week predicted the break was over, that 1930 would...
...importance in its indication that a Market which could survive only by constant rises had reached the limits of its climb. 3) Most important of all, indications of a slowing tempo in U. S. industry. The motor stocks, for example, had long since fallen from their January highs?a forecast of slackening production in the latter portion of the year. Now steel mills were no longer running at 97% and 98% of capacity. Slowly the Market began to realize that 1929 might be an abnormal year, a high-water year instead of one more level in a still-rising tide...