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Word: downwards (lookup in dictionary) (lookup stats)
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...Passed the Chandler Bankruptcy Bill amending the Federal Bankruptcy Law. notably to allow: 1) bankrupt individuals as well as corporations to have their debts adjusted downward in a Federal court, 2) SEC to intervene in corporate reorganizations; sent it to the President...

Author: /time Magazine | Title: National Affairs: The House: | 6/20/1938 | See Source »

...week his 205th interpretive letter went to 5,565 subscribers throughout the world (by air mail in the U. S.). Typically, it commented on both the primary (year-to-year) and secondary (month-to-month) trends of the market; reminded subscribers that the former ''continues to point downward." said that the latter's trend will be shown by consistent upward cr downward swings of both averages...

Author: /time Magazine | Title: Business & Finance: Tides, Waves, Ripples | 6/20/1938 | See Source »

...last week, though the tide was still indicated as ebbing (i.e., primary movement tending downward), a 7-point rise in the industrial average since May 31 encouraged a bullish hope that ripples might top previous crests of 121 for the industrials, 23.5 for the rails, thus show the current wave to be coming in. This week's Rhea letter said that every upward zig-zag step, if confirmed by both averages, would be bullish, but a downward zigzag prior to penetration of 121 and 23.5 would mean danger...

Author: /time Magazine | Title: Business & Finance: Tides, Waves, Ripples | 6/20/1938 | See Source »

Geologically, the situation is simple. Oil is taken out of off-shore pools by building piers or artificial islands and drilling downward (which is likely to ruin the beaches) or by whip-stocking down slantwise from the shore. Politically, it is more complicated. Standard Oil of California owns or controls virtually all of Huntington Beach and a good share of Long Beach and Wilmington Beach. Standard is as much of a political issue in California as Southern Pacific was 25 years ago. Standard's foes in the State Legislature, led by excitable Senator Culbert Olson, hotly denounce Governor Frank...

Author: /time Magazine | Title: Business: Troubled Waters | 5/30/1938 | See Source »

...ever get his feet far off the ground until he had thorough knowledge of air and its currents. The invention of engines provided aviation with a shortcut, proved Leonardo partly wrong. But at the same time man did study the air, developed four types of motorless flying: gliding (coasting downward on still air); slope soaring (on rising air currents along the shoulder of a hill); cold front soaring (on the brow of a thunderhead); and thermal soaring (on rising currents of air in the open). So specialized are these techniques that a skillful soarer looks upon power flyers with...

Author: /time Magazine | Title: Transport: Sails in the Sky | 5/2/1938 | See Source »

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