Word: bulking
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Dates: during 1950-1959
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Under a shroud as concealing as the wraps around an Atlas missile last week was the U.S. budget for the fiscal year 1959 (beginning next July 1). But like a big missile's cover, the shroud could scarcely conceal the gigantic bulk record peacetime $73.5 billion to $74 billion. Even a few of the budget's major components were becoming noticeable. Items...
...bulk of film comes from the newsreel archives, which started in the U.S. in 1910 and by now, except for Paramount's stubbornly locked vaults, have been raked by the networks. Ironically, it is TV itself that has put most of the newsreels out of business and thereby shut off one source for future historians in celluloid. The networks are now salting away their own voluminous news film against the day when a show like Twenty-First Century may want to picture the quaint old U.S. at the dawn of the space...
...schoolteachers or former librarians, and there appears to be a bond of rare sympathy between them and such organized groups as the American Library Association. A.L.A. issues a bimonthly list of "approved" children's books for the "guidance" of its 21,000 members. Since the librarians control the bulk of institutional book buying in the U.S., and some publishers count on school and public libraries to buy as much as 80% of their children's books, the danger is that juvenile stories may be written for the approval of librarians, not children...
Markets & Minims. The Federal Reserve's credit-easing last week was only the mildest and most cautious of the many devices at its disposal. Aside from such private lenders as savings banks, insurance companies and pension funds, the vast bulk of the commercial credit in the U.S. is based on commercial bank deposits, 85% of which are controlled by the Fed through its 6,462 member banks...
...increase. In October industrial production was down 2 points to 142 on the Federal Reserve Board's index, compared to the boom peak of 147. Though overall employment in October increased slightly to a monthly record of 66 million-and unemployment decreased to 2,500,000-the bulk of the gain was in farm workers; nonfarm workers increased by only 12,000 v. a 317,000 gain in October...