Word: crashes
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Last month in Editor & Publisher, 25 editors of the business press reported cheerily in unison that, in spite of the recent stockmarket crash, "Business is essentially sound." They had heard the story from President Hoover a month before when they went to call on him at the White House. Differing but slightly in the degree of their optimism, only their method of individual delivery distinguished each glad statement. In part, said they...
Close-mouthed Swiss Stock Exchange officials reported briefly last week on their crash, which followed Wall Street's. They put the total shrinkage in Swiss security values at $80,250,200, "the chief losers being Swiss trusts connected directly with New York and Chicago...
...distinct from a finance man), Mr. Cobb is a hardworking, quick-spoken executive. He is a fishing & hunting enthusiast and each year takes two four-to-six-week vacations with which nothing can interfere. Last fall he was on one of his hunting trips when the market crashed. Mr. Cobb let it crash and kept on hunting. His reading consists largely of outdoor magazines and of biographies. He also sees nearly every play of every season. He has three daughters; lives at No. 270 Park Avenue, Manhattan...
When the first Hague Conference met it was assumed by all that this could be done, and France displayed far less anxiety about that than she did last week about whether Germany might default. But the Wall Street crash has raised doubts as to whether U. S. investors can be depended on to hold the German bag-full or empty as the future will reveal. Last week lean, jocular Melvin Alvah Traylor, President of The First National Bank of Chicago, and quiet, thickset Jackson Eli Reynolds, President of First National Bank of New York, were on the Atlantic en route...
Died. Hans Moldenhauer, Davis Cup tennis player for Germany, national champion in 1926 and 1927; of injuries from a motor crash; in Berlin...