Word: swift
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Dates: during 1940-1949
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Stocks & Bonds. In the financial markets the flood tide of rising prices ran full and swift. The bull market was reaffirmed as the Dow-Jones industrial average reached 158.24, highest point since November 1938, while the rail averages were at a new year high, back to August 1937 levels. The Dow-Jones average of 40 bonds soared to 106.1-the highest peak since 1915 when the series was started. War babies and peace stocks equally shared the boom. Surplus money had found another haven, where it made even more surplus...
...minutes the word had gone down to the lowest ranks; "It's MacArthur!" Douglas MacArthur had lost no time getting back to the capital he had evacuated on Christmas Eve 1941, after declaring it an open city to save it from destruction by the Japs. He made a swift inspection of the areas his troops had al ready taken, could see without going farther what Manila had suffered, foresee what it was going to suffer. This was a city of desperate hunger. It was also a city destined to more destruction. The demolition charges of the Japs already thundered...
Nazi Futility. The Germans could guess again-what was Zhukov's master plan? Would he try to maneuver the Wehrmacht into a showdown battle to save the capital? Or was he aiming at Berlin's encirclement or seizure as a swift, possibly decisive stroke...
Last week had shown, perhaps more forcibly than the earlier weeks of the Red offensive's swift movement, the seeming futility of the German position. The Russians had paused to regroup and restart. They were in vulnerable positions, but there had been no German counterattacks worthy of the name. The week had made it clear that Zhukov could call his shots on any front in his own good time...
Down Meat. Another example of high volume, low profits: the packers. On sales of about $1,600,000,000, Swift netted only $15,900,000- about i%. On nearly the same gross sales, Armour could not do even that well. Its profit of $11,300,000 was only three-quarters...