Word: upwards
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What happened was a sudden upward surge in both security and commodity prices that gathered momentum day by day. The Stock Exchange had not one but two 1,000,000-share days, and by the end of the week the Dow-Jones industrial stock averages had climbed to the highest level since last June...
...official stipend. The day came when the State Department discovered that Henry Fletcher was also a diplomat. As chargé d'affaires at Peking in 1909, amid the rumblings that preceded the overthrow of the Empire, he proved his mettle. From then on his path was onward and upward. President Taft made him Minister to Chile. President Wilson promoted him to Ambassador, shifted him to troublesome Mexico. President Harding made him Undersecretary of State, later Ambassador to Belgium. President Coolidge appointed him Ambassador to Italy. He got the job of taking President-elect Hoover on a personally conducted tour...
...Chain-store sales were running 13% above last year, department store sales in some cities were up as much as 35%. September mail order sales were up 42%. It took no statistical microscope to perceive that the long downward sweep of the business curve had, at last, a little upward hook...
General Motors' Alfred Pritchard Sloan Jr. and many another industrialist is convinced that in the long sweep of industrial civilization the course is still upward and will be milestoned by more products of applied science than have ever yet appeared. The news last week, for the first time in years, was dotted with many a milestone of engineering achievement, big and little...
...cloths for security holders. The "coming rally" we anticipated last week has eventuated and pauses at the 93 level (Dow, Jones), previously mentioned. The hopes and fears of security holders are now centered on a focal point from which a vivid movement may be expected. While we predict further upward movement, this conclusion is more or less empirical and we are prepared to reverse positions upon failure of the averages to cross the 96 level. The more conservative of our readers will await a penetration of this level, as there will be plenty of profits from that point on. Those...