Word: downwards
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Just before the Supreme Court killed off the Blue Eagle, the stockmarket pierced its long-established ceiling, shooting into new high ground for Recovery. With typical perversity, it shot downward even faster after the NRA decision. Some swift price-cutting developed but that merely served as a stiff shot in the arm for retail trade. Business as a whole kept a stable keel...
Taking the long view of trade prospects, most businessmen were frankly sanguine. NRAftermath jitters might deepen the current downward dip in the business curve but when recovery was resumed it would be broader and brighter. The stock-market relapse in any event was overdue after a two-month climb and was accelerated by the plight of the French franc (see p. 19). The fall in commodities was aggravated by President Roosevelt's gloomy forecast that wheat might drop to 36? per bu., cotton to 5? per lb. unless the Constitution were amended (see p. 11). And general uncertainty...
Just before an epileptic has a fit, a "larval explosion" of large surges occurs through his brain, three every second, producing 100 to 300 millionths of a volt each. The wave pattern is large, slow and evenly curved but cut by sharp downward strokes which perhaps reflect convulsions in the brain. During the depths of the epileptic fit, the characteristic long slow curves assume an unbroken S-shape...
Sohn thought Davis must have lost consciousness while spinning downward, hence failed to open his emergency 'chute. Said he : "I am afraid that more casualties will be reported if many people without experience in delayed jumping try to fly with their own wings...
...maximum gate receipts were reached in 1929 when they totaled $706,000. The fall has been practically 60 per cent. Another fall of even 20 per cent would mean a serious deficit if the present rate of expenditure were continued, and a continued and sustained downward trend would seriously threaten the entire athletic program. With the uncertainties of the present economic situation, no one charged with the responsibility of the finances of this University can face such a possibility with anything but alarm. A hand to mouth policy is no solution. The only satisfactory answer is to be found...