Word: lapping
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Dates: during 1940-1940
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...signal for it came not from Business, but from events. Within 15 days of France's fall, the Army & Navy began to dump orders of $41,000,000 a day in industry's lap. The important fact about these orders was that they were for capital goods. For the first time in more than a decade, industry's prime mover-capital-goods expansion-agitated the indexes again. The steel rate soared from 60% of capacity (April) to 92% in September. At 11:30 p.m., on Dec. 9, steelworkers finishing the second shift also finished an era. They...
...back into the steel business. In 1940 he yielded his news value to others. Mr. Weir is a salesman, and in 1940's market all the salesmen went fishing. It was a productionman's show. Shrewd Old Dealer Eugene Grace opened his mouth just wide enough to lap up the cream of the business. He also took the lead in cooperating with the New Deal's exhortations to expand: $100,000,000 worth, half of which was Government money. On the rest, he got a favorable amortization deal from the Treasury for tax purposes...
This afternoon the final events will be held at fifteen minute intervals, beginning at 2 o'clock. The 40-yard high hurdles, 40-yard dash, 300-yard run, 600-yard run, and a two lap relay will be held at Briggs Cage, in that order...
...give him his first big killing. He was vacationing at Atlantic City in the spring of 1906 when a hunch told him to sell Union Pacific short in the face of a roaring bull market. Two days later the San Francisco earthquake shook $250,000 into his lap...
...last six words dumped a new problem into Franklin Roosevelt's lap. After five damp days away from the telephone on the yacht Potomac, the President had worked three days in the White House, then had traveled to Hyde Park House for a four-day weekend. There, the day before Lord Lothian returned, he had told the press that the question of advancing credits to Britain had not yet been considered by the Government...