Word: sharpest
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...that Soviet industry had been slowed down by a top-heavy bureaucracy, buck-passing, lazy administration. Shops, depots, harbor and railroad works, he said, were suffering a "reign of dirt." Dirt, he said, is "the bulwark of capitalist traditions." It was interesting to note that Comrade Malenkov's sharpest criticisms were leveled at producers and transporters of goods destined for Germany: oil, ores, timber, wheat...
Last week ICC published its reasons. Most of the commissioners questioned Transport's ability to effect as many economies as it claimed, worried also about the effect on competition. But sharpest and perhaps decisive criticism was on the proposed financing. Transport planned to pay $22.543,657 for its 48 units; ICC found that the companies had only $10,617,958 in tangible assets. Moreover, out of capital of $24,751,824 which Transport wanted to raise by selling stock, a whopping $3,424,-964 would have gone as profit to the organizers, promoters and bankers (presuming the success...
...sorry first half (TIME, Dec. 30), the decline was sharpest in farm prices (by mid-August, 40% under 1926) and foods (34% under 1926). Before World War II, wage-earners' living costs were only 9% above the depression's low, while total wage payments were 60% higher...
...Sept. 1, the Bureau of Labor Statistics' Index of 28 spot prices jumped 4%. By Sept. 5, when England and France were in, these speculative prices were up 14% over August's average, by Sept. 22 they were up 27%-to a World War II high. The sharpest rise occurred understandably in import necessities: wool tops up 50% in two weeks, shellac up 74% in three. The more representative all-commodity index, reflecting industrial as well as raw commodity prices, reached a peak at 79.5, up only...
...market days he had never been a real market insider. He never learned that sometimes it was better to take stock than cash, better to get stock control of a business to tide a man over his old age. He was a trader, a gambler-one of the sharpest. When, last spring, he put his system down on paper and reopened his office to trade on commission for customers, it was a sign that he was through. No man who could make money for himself ever told the public...