Word: cautionings
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...have been lecturing woolly-headed students. Did he plan economic and social reforms for terror-ridden Angola? "The rhythm of implementation of programs of social advancement will not be slowed down but rather the contrary, if possible . . . It is possible we may have erred on the side of excessive caution and tolerance." If. as Salazar claimed, "the terrorist action was instigated and directed from the outside," why were so many natives involved in the uprisings? They are victims, replied the man who has ruled Portugal with an iron fist for 33 years, "of the classic technique of intimidation...
...inventory policy of U.S. business-that with the aid of computers and other new control techniques, businessmen are gearing inventory changes more closely to sales shifts and seeking to avoid the costs of high inventories. Says Louis Paradise, chief statistician for the Commerce Department: "Evidence is widespread that caution is now being used in inventory accumulation...
Lighter Burden. As yet, economists are not sure whether the shift means a permanently lower level of inventories or simply that inventory will henceforth be a more sensitive index. And they have one caution about the momentum of inventory accumulation: if the auto industry cuts back its high dealer inventories (which now stand at 941,000 cars) to make way for 1962 models, overall inventories may be robbed of real improvement in the third quarter. But if the inventory turn-around continues, it will ease the economy of a heavy weight. Not long ago. Statistician Paradiso estimated that gross national...
...city, even though it was early in the season, businessmen deserted the office to cluster anxiously around barroom TV sets. Radios blared baseball at pedestrians on downtown sidewalks. It was more than the sobersided Detroit Athletic Club could stand. "We are impelled," announced the club's News, "to caution the Tigers' friends not to make too hasty an appraisal of their potential." Few Detroiters listened. Their big-league ball club, moribund for the past 15 years, was suddenly the top team in baseball. Last week the Tigers split four games with the New York Yankees, swept three from...
Many a broker tries to caution his clients about indiscriminate buying of new issues, but finds it hard to cool their ardor. If he advises a client not to buy, the client often goes off to another broker or comes back a week or two later to complain that the stock he had been told was "overpriced" has risen another 10 points...