Word: crashes
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...Jones averages stood at (industrials) 244.20, (rails) 144.68 and (utilities) 286.38. By March 31 they had climbed to (industrials) 286.10, (rails) 157.28 and (utilities) 106.13. Notable was the fact that the first stocks to start recovering included most of the utilities (which had suffered severely in the crash). Union Carbide, American Tel. & Tel., Steel, American Can, General Electric continued as leaders. Stocks which started the year off poorly remained soft. Selling of Montgomery Ward on lower earnings, Gillette on beclouded patent situations, Simmons on a truer understanding of its sales figures, Industrial Alcohol on lower prices, sent these issues...
...evidences indicate that the worst effects of the crash upon employment will have passed during the next 60 days...
Agile Old Guardsmen quickly spread the impression that President Hoover held the Coalition responsible for the tariff delay. The White House cautiously bolstered up this belief by hints that the recovery of Business and Industry after the stockmarket crash was being retarded by the tariff. Every partisan effort was made to discredit the Coalition's management of the tariff bill. The Coalition's defense: The House without adequate debate had passed a tariff bill with exorbitantly high rates; the Senate had to revise the whole measure; revision with fair debate took time. Declared Senator Borah: "Time is not nearly...
...essential for such cooperation; that his department did not choose to fix a cause for the accident only to have legal procedure haled in and departmental records opened to rifling by shyster lawyers. To promote aviation with knowledge gained after accidents, Secretary Young pointed two instances: the September crash of the T. A. T. liner on Mt. Taylor in New Mexico resulted in recommendation that the course be changed; the January crash of the T. A. T.-Maddux liner between San Diego and Los Angeles resulted in a rule requiring air transport pilots to land if forced lower than...
Albion (Mich.) College students, good Methodists, gleefully watched their basketball team beat their longtime Presbyterian rivals, Alma College (Alma, Mich.). After the game some 250 Albions tried to crash into a local cinema. Police arrested 150, but could find place for only twelve in the town jail. These were released by friends with pickaxes and crowbars. While the rest were being piled into a truck to be locked up in another town, their cronies fought with the constabulary. Addressed by the President of the College to no avail, the rioting continued until state troopers and tear gas bombs dispersed...