Tuesday, July 14, 2009

News from 1930: Monday, July 14, 1930: Dow 229.23 +4.37 (1.9%)

News from 1930: Monday, July 14, 1930: Dow 229.23 +4.37 (1.9%)
or 2009

Important economists strongly believe current seasonal lull is low point of
the industrial depression; some good news in week-over week freight increase
and
June rise in construction contracts. Drop in steel backlog not as bad as
feared;
oil curtailment making progress; increase in rail freight
rates.

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