Word: boomingly
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Dates: during 1950-1959
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...boom-and-bust warnings of Secretary of the Treasury Humphrey and ex-President Hoover (see NATIONAL AFFAIRS) helped start a selling wave that sent the Dow-Jones industrial average tumbling 7.23 points (to 469.96) for the widest single-day break in eight months. The market rallied Wednesday, until a selling surge was set off by President Eisenhower's warning that the Government might have to impose wage and price controls. By that time not even Secretary of Commerce Weeks's prompt assurance that no controls were planned was enough to stop the downtrend. Next day the market dropped...
...with the patient. Washington, which seemed to be warning of inflation and recession at the same time, was actually saying that if inflation continued to increase, there would be a bust. But Wall Street's consuming worry last week was not inflation but deflation. The fact that the boom is slackening off in a few spots transformed the optimism of a few weeks before into an exaggerated pessimism. Few analysts pointed out that a leveling off is precisely what the Federal Reserve Board has been trying to accomplish for months with its tight-money policy...
BUSINESS FLYING BOOM is lifting dollar sales of civilian noncommercial planes to alltime high. Plane companies sold 6,738 private craft for $104 million last year, up 52% from the 4,434 planes for $68 million in 1955. Private civilian fleet now numbers 60,000 aircraft which fly 10,000,000 hours a year...
...this is certainly an important element in its value to the participant. The recent advent of the popularity of the "Big Beat," Rock and Roll, is only to be commended; both the music and the listeners are becoming more honest. Since the first big rhythm and blues hit, "Sh-Boom, Sh-Boom," in the summer of 1954, popular music has become increasingly interesting...
...last two years have brought a boom in dramatic activity at Harvard, and with the new semester now at hand this boom appears ready to become bigger than ever. Within the last year, all the Houses but Dunster have produced plays or operas, and Dunster now has a show in rehearsal. At present some sixteen groups depend on the University to provide most of its actors and audience. For those interested in drama at Harvard, this renaissance is an exciting thing to watch, but it also threatens some cause for alarm...