Word: boomingly
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Dates: during 1950-1959
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...candid awe of the recent Russian farm delegation indicated, the U.S. need have no doubts about the skill of its agricultural production. Housing is another matter. For two decades before the end of World War II, the U.S. fell behind badly. Since then, a housing boom has gone far to close the gap, but whether its quality matches its quantity is still questionable. Last week a visit by ten top Russian housing administrators provided some interesting insights...
Actually, the worry about the big boom last week was not that it might stop, but that it might roll ahead too fast. The season's new splurge of auto buying pushed consumer credit up another $750 million to an alltime record of $33.6 billion. At the Chicago meeting of the American Bankers Association, Treasury Under Secretary Randolph Burgess warned: "The very growth and prosperity of today have brought the threat of inflation." There were some bankers who agreed with him. However, many said that they hesitate to turn a customer down, because they know he can very easily...
...swift rise of the 1955 bull market was based on one big premise: President Eisenhower would be elected for a second term in 1956 and the U.S. economic boom would continue, unhindered by any political changes. As the news of Ike's heart attack shattered that confidence, the stock market suffered its worst fall in 26 years. For Wall Streeters the weekend announcement could not have come at a worse time, for the first impulse of thousands upon thousands of small stockholders was to sell. As the selling orders poured in by wire on Sunday to brokerage houses...
...VIDEO BOOM has put TV sets into two out of every three U.S. households in the last five years, reports the Census Bureau. With 33 million sets currently in use, 46% of all rural homes have TV, while in metropolitan areas TV is nearing the saturation point, with almost 80% of all families owning sets...
...three met while working for Salt Lake City's J. A. Hogle & Co., soon came to the conclusion that a stock salesman's salary and commissions were not enough. Dumke got in at the start of the uranium boom and bought options on 400 claims in Utah's Big Indian district, sold them at a fat profit. Muir also cleaned up in uranium; he bought a big block of Lisbon Uranium Co. stock at 20? a share, saw it rise to $7. Light played the Big Board with equal success...