Word: basic
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Public utilities and railroads are in high feather; their stocks are rising steadily in Wall Street; they are planning elaborate and significant mergers. But industrial concerns are very much in the trough of depression, as conditions in the basic and typical steel and iron industry go to show...
...Scientific readjustment of rates by a Government commission, with a view to encouraging agricultural and basic industries; consolidation of roads; impartial tribunal to publish facts of labor disputes...
Mining. Mining is a great and basic industry. It has suffered...
...last cut of the New York Reserve rates to 3½%, however, as well as the basic tendencies in the U. S. money market of which this cut is only an expression, have produced a novel result. New York, instead of being one of the dearest money markets in the world, is now cheapest...
...last issue of the Business Bulletin of the Cleveland Trust Co., of which he is Vice President, he reiterates his belief as to the basic character of the steel and iron industry and its tendency to increase or decrease in the general business conditions. Yet Col. Ayres does not look for any sudden recovery in the industry. As he points out, there are four great buyers of steel who absorb about two-thirds of its entire output: 1) the railroads, which buy about 25%; 2) the building industry, which takes about 15%; 3) the pipe and tank industry, using another...