Word: bottomed
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Dates: during 1950-1959
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...much democracy, in the practical terms of the moment, means so much Peronism. In the days of the dictatorship, the C.G.T. was run from top to bottom by Peronistas, and the rank and file still remember the lavish raises and featherbedding privileges that the Peronista leaders won. Even during the days of the provisional military regime that preceded Frondizi, the Peronistas held on to control of many unions. They now boss 90, including the powerful meat packers, streetcar workers and textile workers. In the new elections they will probably take over most of the 26 unions currently bossed by anti...
...While 534 companies have reduced or omitted dividends to date in 1958, May marked the bottom of the dividend casualties. July cuts were the fewest of the year...
...Angeles' enterprising KTLA mounted a mobile TV camera, began offering its viewers on-the-spot coverage of major news events. Among them: atom bomb explosions on Yucca Flat, a Sante Fe train wreck, an earthquake in California, the ordeal of little Kathy Fiscus trapped in the bottom of a well. Last week KTLA announced triumphantly that it had succeeded in building a TV camera into a helicopter, the world's first commercial airborne unit...
Atop their near-volcano, Magma Power and Thermal Power drilled four steam wells, using ordinary oil-well drilling equipment. The wells are 500 to 700 ft. deep, and the temperature -of the rock at bottom is about 600° F. When the wells are capped, steam pressure measures 300 to 400 Ibs. per sq. in., but when the steam flows, pressure drops to 100 Ibs. and temperature...
Overall, the recession hit bottom in April 1958 in the jig time of nine months-two months faster than the 1949 recession and a full four months sooner than in 1954. At times, particularly during February and March, the current slide was sharper than in the other two recessions. But so was the upturn. Gross national product has apparently turned around after dropping for two quarters, v. a year of backing and filling in 1949 and a year of decline in the 1954 business downturn. Industrial production recovered in eight months, v. eleven months and twelve months before any steady...