Word: dampened
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...share of the world market from 30% in 1955 to 22% last year. Cutthroat rivalry at home has helped shave profit margins from an average of 8% ten years ago to barely 1.4% today. All the while, the rapid rise of synthetic fibers has done much to dampen world demand for cottons...
...Viet Nam, burned their draft cards and sent the ashes to their local draft boards. Noting the rise of such episodes, Congress in August passed a law making it a federal offense (penalty: $10,000 fine or five years' imprisonment) to destroy a draft card. That seemed to dampen the flames, at least publicly...
...were a major factor in the 2.2% rise in wholesale prices during the year's first half, dropped in August for the second straight month, thanks to a bountiful harvest and beneficent weather. Steel demand tapered as the strike threat faded, and import competition remained stiff, serving to dampen any inclination toward rises in basic steel prices. Industrial investment this year will scale an alltime peak of $50 billion; that will expand capacity and reduce pressure on marginal plant. One powerful psychological brake to inflation: General Motors' decision to hold the line in auto prices (see following story...
Though he called all the plays on his own, without messages from the bench, Shevlin said the thought of pass-bating Coach John Yovicain watching from the sidelines helped dampen the inclination to throw...
...battered pound, Britain's Labor government has not only borrowed heavily abroad but has severely cut back its whole welfare program in favor of the toughest clampdown on Britain's overheated economy since the early '50s. Purpose: to create a measure of deflation and thereby dampen Britain's appetite for buying more abroad than it sells, a habit that has upset the country's trade balance and contributed heavily to the pound's troubles. Last week, with stunning swiftness, the government began getting its way. The first clouds of recession rolled across Britain...