Word: chart
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Dates: during 1950-1959
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...Gross national product in 1957 was $8.2 billion, up 10% from the previous year. Cost of living grew along with it, but wages more than kept up (see chart...
...Canada's icebreaker will go a long way toward opening up previously inaccessible seas, will lengthen the navigation season in relatively mild northern waters by weeks -or months. Capable of crunching through 8-ft. ice floes, cruising for a solid year without refueling, it will be able to chart unexplored Arctic shore lines and ocean depths, dump supplies and heavy equipment on islands previously supplied by air alone, serve as a base for weather observations beyond present navigation limits. Said Northern Affairs Minister Alvin Hamilton last week: "No single project could do so much for the north...
...Wall Street and the nation's major industries came a surprisingly unanimous report last week: the pickup is moving much faster than expected. The recovery led to the coining of a new phrase to characterize the recession-the V recession-a sharp drop followed by sharp recovery (see chart...
Wall Street's investors have virtually ignored the traditional inflation hedges-oils and metals (see chart), whose assets are in the ground and whose profits can be expected to keep pace with inflation. Instead, they are bidding for manufacturing firms, whose costs in a serious inflation will probably rise faster than retail prices, offering no protection to profits. So heavy is the buying that many blue chips have been priced almost out of the market. More and more investors are turning to low-priced speculative issues as repositories for their money. Such stocks represent only 6% of the value...
...problem is important because filters are largely responsible for the new boom in cigarettes. After a sharp dip in 1953-54, when medical tests indicating a cancer-cigarette link were widely publicized, sales have come back to hit a new record this year (see chart). Smokers worried about tar and nicotine pushed filters, with their "thousands of filter traps," to 38.5% of the market last year, will increase the percentage to 45% of a market that promises to top $5 billion...