Word: downwards
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Since February quotations on crude rubber have been sinking regularly to the worst levels in history. Last week the downward movement gathered momentum, sent the price crashing to a low of 8¢ per pound. Reason: The Dutch East Indies refused to impose restrictions on output, bringing an end to the latest of many attempts to curb production. Disheartened, producers compared the present low to the 14.2¢ which was the bottom in the depression of 1922, and the 17.85¢ low six years later when the Stevenson Act was removed. And longingly was 1910's fabulous high...
...submerge. Watchers saw the long serpent slowly disappearing, when suddenly something went wrong. The great pipe started slipping sidewise, gathering speed. Tremendous pressure of strong subsea currents had snapped one of the shore cables like cotton thread. Soon the other cable parted and the whole long pipe plunged downward out of sight, a total loss in 2,300 ft. of water...
First big result of President Hoover's statement: stocks on the New York exchange, having coasted downward for a week as the tariff's passage grew more certain, definitely plunged in the year's blackest trading day thus far. ¶ President Hoover greeted at the White House Senhor Julio Prestes, President-elect of Brazil. At a state dinner in the Pan-American Union President Hoover accorded for the first time full social honors to Mrs. Edward Everett Gann, sister and hostess of Vice President Curtis, by escorting her to the table, seating her at his right...
...fumes, fell prostrate. When revived, she tried to escape by swinging over the side to the deck below. The hot rail seared her hands. "Just as she let go," said a letter from her husband last week. ". . . [a Negro named] Redmond grasped her by the ankles and she fell downward, striking against the steel plates . . . with terrific force. . . . Although the shock nearly dragged him [Redmond] overboard, he was pulled back by two of his companions." (Seaman J. W. Walker caught a stout lady, had no quickwitted companions, perished). Bruised and scorched though she was, Mrs. Dayton joined Ship...
...curve, instead of the industrial curve, by which the business of retailers as a whole is affected. At the start of the crash, industry kept up to about its former pace, and it was not until the crash was well under way that the industrial curve took a decided downward...