Word: wall
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Undetected, like a shadow in the dead of night. Governor Montagu Norman of the Bank of England made his way to the U. S. Why had he come? What was he doing? Governor Norman was silent. Wall Street magnates blew smoke rings from their fat cigars and looked wise...
...Wall Street professionals are learning the difficulty of being unable to see the forest for the trees. Hard-bitten by many years of experience in stock speculation, they believe that what goes up must come down, and have therefore been led to sell short many of the leading speculative stocks. But the market keeps on upward, steadily and remorselessly. The paradoxical result has been that many an amateur speculator west of the Alleghanies has, by continuing to buy stocks, serenely drubbed the professionals of the financial arena...
...offering by a syndicate of Manhattan bankers of a $10,000,000 note issue in behalf of Germany's famed Krupp concern marks the first important piece of internal German financing thus far undertaken in Wall Street since the Experts' Plan. The loan is made to assure the great German company of working capital...
During earlier months, when wheat reached $1 a bushel and began to climb above that figure, the claim was made that the wheat market was being manipulated by "Wall Street" to elect President Coolidge this fall. But after Mr. Coolidge's overwhelming victory, wheat kept right on upward. It passed $1.50, next it passed $1.75; and predictions now come from Chicago that $2 wheat will again be seen during this winter...
...explanation, of course, lies not in a mythological Wall Street, but in the failure of wheat crops in most other countries this year. The final U. S. Government report states that the crop amounts to 873 million bushels, and the carry-over 102 million more, or 975 million bushels in all. Bread and seed requirements will take 650 million bushels of this; of the remaining 325 million bushels, 200 million have already been exported, and only 125 million remain in this country for export and carry-over until about July...