Word: falling
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Dates: during 1940-1940
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...Aldrich Family, radio's summer substitute fare (on Eastern Daylight Saving Time) will include: >Abbott & Costello, oldtime vaudevillians, who will split with Mr. District Attorney the 9-10 Wednesday night period on NBC's red network left vacant by Fred Allen, who goes to CBS in the fall...
...democracy-Italy entered the war, Paris fell, the Maginot Line was broken, indications pointed to a separate peace by France over the weekend. But the market reacted to Italy's war declaration by bouncing four lusty points off the floor (111.84), closing next day at 115.97. The fall of Paris pushed it to 122.27. While volume was only 40% of the average of Panic Weeks I and II in May, the market nevertheless closed the week at 123.36, up 12.52 points from...
Commodity markets also turned about last week. The volatile hide market rose ¾?, moved 100,000 hides in two days before Chicago meat packers, anticipating still higher prices next fall, stopped offering more. Another push came from one of the U. S.'s weakest commodities, cotton; spot prices moved up 68 points, touched off a 100,000,000-yard buying move by cotton textile users fearful of a war famine and the possibility that Congress would raise the level of parity payments, up cotton's price. The battered grain markets, which had taken the worst beating during...
...them, sell them at a discount to the Red Cross, or do anything to keep them off the U. S. market. Such action would be simply an expensive move to bail out Latin America. Its justification: unless the U. S. bails out Latin America, it will be forced to fall in with Nazi economic aims if Hitler wins...
...Proudly announced by President Charles Eugene Gallagher was a scheme that got the storage problem down to three dinky (57-foot) spherical tanks, the expense down to $1,000,000, the fire hazard to zero. The scheme: liquefaction. Against next winter's peak demand. East Ohio will next fall compress natural gas under 600 pounds of pressure, liquefy it by cooling at 250° F. below zero, pour it into insulated sphericals. In the three tanks, Utilitarian Gallagher will have the liquid equivalent of 150,000,000 cubic feet, compressed to 1/600 its gaseous volume. Heated by steam...