Word: stockmarket
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...already won the promise of a badly needed $40 million World Bank loan. Visiting U.S. industrialists, who have told González that they would be interested in investing in Chile if ever he got the best of his Commies, could watch the rapid climb of Chile's stockmarket last week and draw their own conclusions. Lota coal shares were up ten points in five days...
...this refined bit of symbolism results in a son. As a sort of judgment against them, the son is born clubfooted. Stephen works hard to make a man of him-too hard to suit mother. Eventually the little boy, hearing his parents quarrel, falls downstairs and dies. The stockmarket does the same...
...bushel, an alltime high, and wheat soared to $2.87, Vermont's Senator Ralph E. Flanders, ex-president of Boston's Federal Reserve Bank, thought he had spotted the devil. It was Speculation. "The situation today in the commodity markets is comparable to that in the stockmarket in 1929," said he, "and it could have the same disastrous results." He demanded that trading on margin be eliminated and that trading in grains be put on a cash basis...
Free Play. The Securities & Exchange Commission finally published the results of its exhaustive inquiry into the causes of last fall's sharp break in the stockmarket. There was no evidence, said the report, that manipulators were to blame. In fact, said SEC, the drop of 10½ points last Sept. 3 was the result of no more than "the free play of different opinions as to when to buy and when to sell...
...London stockmarket tumbled sharply under the impact of the Empire crisis (see FOREIGN NEWS). A selling wave sent common stocks crashing down eleven points to 119 on the Financial Times index, their worst fall since Dunkirk. Even consols (British Government bonds), which are generally regarded by Britons to be as solid as the Rock of Gibraltar, sagged to a two-year low, then rallied slightly. The scare caused a shiver in Wall Street, where the ten-week long upswing in stock prices suddenly halted. The Dow-Jones industrial index dropped 3.85 points from the July high of 187.66. This week...