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...alone Wall Street, but the entire country is now engaged in conjecture as to the exact interpretation to be placed upon this pronounced advance in commodity prices. While Mr. Babbitt is immensely cheered at the immediate business prospect in 1923, yet the disastrous memories of 1920 and 1921 are still fresh in his mind; he is wondering whether business is entering into such another swift and unhealthy " boom" as he experienced in 1919 and 1920. For the most part, anxiety on this score seems groundless. The 1919 boom arose from the world shortage of goods after...

Author: /time Magazine | Title: Finance: Looking Ahead | 3/10/1923 | See Source »

...library offers unusual opportunities for such advanced study through its collection of current business periodicals. About 500 publications of this type are being received daily and monthly. These include such common and valuable sources of business information as the "New York Times", the "Wall Street Journal", and the weekly "Commercial and Financial Chronicle". But many of the publications, such as "American Fertilizer", are valuable in the study of specific phases of business which is devoted exclusively to the commercial fertilizer industry; "La Hacienda", published for the purpose of disseminating practical knowledge on agriculture, live stock and commerce to Spanish...

Author: NO WRITER ATTRIBUTED | Title: BUS. LIBRARY AIMS AT WIDE FIELD OF SERVICE | 3/8/1923 | See Source »

Finally, the Federal Reserve Bank of New York announced an advance of its rediscount rates from 4 to 4½%. This occurrence provided a live topic of conversation both in Wall and Lombard Streets. Certain features attending it, because of their fundamental connection with the future course of American business, deserve close attention...

Author: /time Magazine | Title: Finance: Hopefully Complex | 3/3/1923 | See Source »

...CHILDREN'S CHILDREN - Arthur Train-Scribner's. Old Peter Kayne was a Wall Street pirate. His son Rufus acquired a social veneer over his inadequacies. The third generation consists of three daughters, each of whom meets catastrophe. The last thing to fall is the Kayne fortune. Whatever the accuracy of its depressing picture of modern society, the novel is interesting and often extremely penetrating...

Author: /time Magazine | Title: Books: The Best Books | 3/3/1923 | See Source »

...behind the proscenium, or a street in the Venetian ghetto of the Merchant of Venice, with every stick and stone and human being arranged with indefatigable precision by Belasco, king of realists. The spectator never can quite persuade himself that he is peeking through a chink in the fourth wall of the room, hiding behind a poison ivy vine in the woods, or bobbing about behind a wave on the ocean...

Author: /time Magazine | Title: The Theatre: Expressionism | 3/3/1923 | See Source »

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