Word: climbing
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Dates: during 1950-1959
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...people to come to concerts. Now they're always packed." Reason is that the Broadcasting Commission has trumpeted the cultural values of good music as a measure of a town's civic taste. In towns whose chief diversion formerly was hunting kangaroos and rabbits, overflow crowds climb nearby trees to listen through the open windows. Occasionally, aborigines show up and solemnly swig plonk (Australian slang for wine...
After months of recession, U.S. business had finally hit bottom and started to climb once more. Leading indicators edged upward, farmers were entering a new period of prosperity, the all-important U.S. consumer was beginning to regain his appetite (see below). As business gathered new momentum, the events in Lebanon and Iraq would surely introduce a new influence. The expected effect: an additional nudge forward...
...Zealand's beekeeping Mountaineer Sir Edmund Hillary, conqueror of highbrow (29,002 ft.) Mount Everest, the fact was grim and rocky: a hill he cannot climb. On a vacation trip to the 7,030-ft. Scott Knob in his homeland, Sir Edmund tried for the second time in 14 years to reach its lowly top, was forced to turn back 500 ft. from victory by an impassable rock face. Daunted only for the nonce, he muttered a plucky Hillary challenge: "I'll be back...
Gold stocks, which have shown recent strength on news that the government proposes to increase subsidies to high-cost producers by 25%, were left behind in the speculative rush, closed the week off slightly; Western oils and base metals shared the same fate. But industrials continued a slow climb on good business news from Canadian industry, rose 1½ points for the week...
Last week many of the lead indicators were pointing up. The Leading group is expected to show a rise for May, and climb above the 50 mark for the first time in a year. This is a good though not infallible sign that the economy has seen the worst. Said Economist Moore: "The way these indicators have behaved, an upturn in business activity should come during the second half of 1958. But business activity may not return to the peak levels of last July until late 1959 or early...