Word: ticker
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...with all the high hope that the ticker tape revealed, there were plenty of fears that the current business recession would deepen. Said Economic Statistics, Inc. last week: "We expect quite a sharp reaction in both industrial and manufacturing activity during the month...
...first count, SEC found nothing except an ''unfortunate but nonculpable" delay in putting the directors' action on the news ticker, with the result that Baldwin's home town of Philadelphia got a one-hour jump on Wall Street in the scramble to unload Baldwin securities. On the second count, SEC found that Baldwin's 1933 annual "report "misled the investing public" because the directors' action, "evidencing an impaired working capital position, came as a surprise to the investing public rather than as the acceptance of a situation long in the making...
...cards directed to the nominating committee and needing only a member's signature. "Tammany Tactics!" cried pro-Gay brokers. The plebeian New York Evening Journal even mailed out to all Stock Exchange members straw ballots which so alarmed the nominating committee that it dispatched a plea over the ticker requesting members to refrain from any & all unofficial voting. And from his chambers New York Supreme Court Justice Ferdinand Pecora issued a hasty denial that he sought to influence the coming election by an article on the stockmarket which he lately wrote for Collier...
...this monetary excitement quickly returned to the White House over the Washington City News Service ticker. President Roosevelt wrathfully summoned Press Secretary Stephen Early. Press Secretary Early in turn summoned the White House correspondents, sharply told them that the President, in his "off the record" talk about money and prices, had no intention of implying further dollar devaluation, that the market's interpretation of his words was entirely wrong...
...collapse. The play is not divided into acts but shows scenes alternating between a banker's office and a city street. Time is an evening in February 1933, just before the bank moratorium. Doomed hero is one McGafferty, No. 1 Banker of the U. S. While his office ticker stutters its frantic news of crashing banks, riots, panic, and the crowds in the street mutter their comment, McGafferty faces a conference of frightened bankers, tries to bully them into a pool. While their conference is going on a group of unemployed, led by a blind man, breaks into...