Word: boom
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Dates: during 1950-1959
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...together in Buenos Aires and bracing themselves for a clattery two days on the train or six hours on a plane for their share of Christies. In Bolivia, young skiers jammed into the two lodges at the three-mile-high Chacaltaya ski area. But nowhere was the Andes ski boom growing faster than in Chile, as the crowds bundled aboard trains, buses, open trucks and even motor scooters, bound for the ski towns that dot the western Andes for 700 miles. By season's end an estimated 17,000 skiers will have made the trip up and down...
...date education and Christianity, the missionaries stayed on, became sugar planters. Sugar became big business, and soon the new landowners began importing Chinese coolie labor. By 1890, the missionaries-turned-businessmen were operating 72 plantations, exporting more than 25 million Ibs. of sugar a year. Born in the boom were the "Big Five" factoring companies, set up to handle the business of the sugar plantations. Gradually, they took over the functions of business agent, banker, labor supplier and arbiter of status. By 1941, the paternalistic Big Five-American Factors, Ltd., C. Brewer & Co. Ltd., Alexander & Baldwin, Castle & Cooke Ltd., Theo...
...year ago. Biggest gains were in home building, which leveled in July at a seven-month rate 32% above last year. So great is the demand for funds to finance home mortgages that Federal Reserve Board Chairman William McChesney Martin Jr. warned: "Overstimulation of building activity under currently developing boom conditions" must be held in check to avoid a later downturn...
...rocketeers figure that the best frequency to use is 10,000 cycles, about the pitch of a very high violin note. Yet the volume of sound must be well above the loudest fiddle; an ear-shattering 170 decibels, which is 100 times the sound pressure of a supersonic boom from a jet aircraft...
...boom in menthol cigarettes is the hottest fad to strike the industry since filters. Almost overnight, menthols have grabbed 10% of the market, are expected to crack 13% by year's end. Makers have discovered to their delight that menthol carries a vague connotation of healthful medication, especially attracts women with its taste...