Word: likely
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Dates: during 1930-1939
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...yard); when cotton is rising, textile fabricators like to buy for future use in hope of inventory profits. Last week's cotton buying was paralleled by a rush to buy cotton grey goods: sales, 100,000,000 yards, up 80,000,000. This piling up of inventories is a gamble that retail sales will boom before production declines under inventory pressure. But there was an additional reason for textile activity: England, needing burlap for sandbags, has virtually cleaned out the Calcutta market since the outbreak of war with orders so far totaling 1,000,000,000 bags. The price...
...borrow when they lay in larger supplies of raw materials, customarily pay off their loans when they let inventory run off. In order to keep purely financial transactions from unduly influencing the Index-which aims to reflect general business, not merely financial conditions-the turnover component for financial centres like New York and Chicago is kept separate from the turnover component for trade centres, and the two are later combined giving the turnover in trade centres, and much more weight than that for financial centres. In the chart they are shown separately.) In early 1939 the trend of turnover...
Associated evidently believed that after this its RFC loan had been arranged. To New York banks, on the alert for good loans; to other utilitarians, who would like various pieces of Associated; to non-RFC New Deal utility watch dogs, Associated seemed overoptimistic about what the loan could accomplish...
...swankest of the arts in 18th-Century London was Italian opera. Periwigged courtiers, who could not understand a word of it, raised their lace cuffs to applaud the ornate trilling of swivel-voiced prima donnas. Fashionable composers like Handel had to write their librettos in Italian. The Caruso of the period was the Italian eunuch-Francesco Bernardi Senesino, whose misfortunate voice earned fabulous sums at London's Royal Academy of Music. Lustier London wits like Henry Fielding began poking fun at this artificial art, inveighed against London's "wanton, affected fondness for foreign musick," with its "squeaking recitatives...
They performed a series of experiments on dogs, who had "burns of critical degree but not utterly hopeless." They found: 1) dogs which were given no fluids died in twelve hours; 2) dogs which received large quantities of water lived a little longer, but died, like the baby, in convulsions; 3) dogs which were given moderate amounts of salt and sugar solutions to maintain their "blood chemistry," and which received "repeated large transfusions of blood in addition . . . were able to survive the otherwise fatal shock." The doctors came to the conclusion that a stagnant circulation must be stimulated with extreme...