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...close as the floor under which no trading would be permitted. Chicago complied by pegging the price, Kansas City and others followed suit. Another casualty was cotton: July futures down 10% to 9.11?. Moody's Index of 15 spot prices fell 7.1% during the week, the sharpest percentage decline in its history. Evidently manufacturers of consumer goods, who buy their raw materials in these exchanges, feared that a long trend against them...

Author: /time Magazine | Title: STATE OF BUSINESS: Panic in the Markets | 5/27/1940 | See Source »

...custody of a U. S. marshal. Dead was veteran Engineer Earl, after 41 years' service. On him the New York Central line placed the blame, said the speed tape in his cab showed he had driven the Limited at a speed of 59 m.p.h. into the sharpest curve on the main line of the Central system. Maximum speed for the curve, by company regulation: 45 m.p.h...

Author: /time Magazine | Title: CATASTROPHE: Wreck of the Lake Shore | 4/29/1940 | See Source »

...Sharpest possible contrast to loud, big boned Mr. Fish is Virginia's quiet, studious Clifton Alexander Woodrum. If a composite of typical U. S. businessmen could be assembled and varnished, he might look like Mr. Woodrum. The gentleman from Roanoke is milk-mild about everything but the public debt; only New Deal extravagance burns...

Author: /time Magazine | Title: National Affairs: Idle Hands | 10/23/1939 | See Source »

...Governor Albert Benjamin Chandler, Kentucky's happy man, is no mere country clown. A swift and educated brain, a vaulting ambition and one of the sharpest instincts in the U. S. lie behind his automatic incandescent smile, his hot-palmed handshake...

Author: /time Magazine | Title: National Affairs: The Happy Man | 10/16/1939 | See Source »

...sharpest differences of opinion is over air-strength. The claims of the British to a superior air personnel are dismissed by the professionals as fantastic. Aviation, the professionals say, is a young man's game; hence a lack of good pilots in the early-thirty age brackets is not critical. Free-lance figures for British and French air strength are judged far too high. Free lance authorities set British monthly plane replacement capacity at 600, professionals say it is closer to 240. They admit, however, that the British production rate is rising. But, while the British may have solved...

Author: /time Magazine | Title: EUROPE: War Machines | 6/12/1939 | See Source »

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