Word: downwards
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Without comment the thoughtful New Republic published a list of 158 companies with the names and salaries of their highest-paid officers, paralleled this list with another showing the average weekly wage in their industry. Payment ranged downward from $304,398 for American Tobacco's George Washington Hill to a low of $40,000, found in four instances, while average weekly wages ran from $38.45 (fire insurance) to $12.53 (textile). Outstanding disparity: Mr. Hill's compensation contrasted with the average $13.76 a week earned by workers in the tobacco industry...
Cruising along at 6,000 ft., Pilots Eugene Schacher and Ed Hefley suddenly smelled a gasoline leak, cut the motor. Without warning a backfire enveloped the engine in flames. Pilot Hefley put the ship into a sharp dive. At 275 m.p.h. it hurtled downward, pancaked on the nearest field, slithered to a stop. Out from their blazing little hole Jesse Jones and three fellow-passengers yanked the pilots, arms and faces seared and sooty. Few minutes later the plane was smoking ashes...
...with representative stocks dropping from one to nine points on the New York Stock Exchange. Since early April the Standard Statistics stock average has dropped from 124.9 to 110.9. After more than a year of rising prices such a reaction was not precisely surprising. However, the market's downward drift was accompanied by something more than long faces in brokers' boardrooms...
...plane droned up the steep pass beyond the tree line, its motors suddenly coughed. Back at once circled the pilot in search of a landing place. Before he could find one, his plane was caught in a strong air current, slithered downward, crashed in a fountain of flame on the rocky saddle between the two dormant volcanoes. When rescuers climbed up over the mountain flank, most of the 14 bodies were incinerated beyond recognition...
...tumble. Yet by last week it had regained composure, and prices were nearly back to the highs of the previous fortnight. To the first flood news last week the market was impervious, though later when it was realized that first-half earnings would have to be revised downward for the industrials, utilities and railroads affected, quotations began to soften. What the stockmarket will do next is anybody's guess. But what U. S. business will do for the next few months was reasonably clear...