Word: downwards
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...downward in sweet gesture came...
...Last week the bonds of the biggest locomotive maker in the U. S. plunged downward 29 points. Baldwin Locomotive has not made a profit since 1930 but at the beginning of the Depression its financial position was considered impregnable. Last week President George Houston regretfully announced that the company could no longer meet the sinking fund requirements of its first mortgage bonds. Interest will be paid, however, on bonds held by the public...
...receded from the 96 level where they met with such stubborn resistance, to the upper fringes of the 92 level. The failure of the bulls to show a scoring punch while in a strategic position, gave the bears temporary possession of the ball. We do not believe that the downward movement has spent is force and would defer purchases until prices approach the 90 to 91 level, despite the probability of a moderate raliy. From the technical aspect the market is preparing for a ten-point movement from a mean level at 94, with its direction at the moment somewhat...
...Citizen was crowding the counters of the nation's stores. Chain-store sales were running 13% above last year, department store sales in some cities were up as much as 35%. September mail order sales were up 42%. It took no statistical microscope to perceive that the long downward sweep of the business curve had, at last, a little upward hook...
...dark storm of selling tumbled the price 6¢ per bu. in two days. In Liverpool, Rotterdam and Buenos Aires wheat fell in confusion. In Chicago, no longer a world market, all contracts dropped below $1 for the first time since the Drought. Other commodities, notably rubber, joined the downward march...