Word: demanding
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Dates: during 1950-1959
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...airline strike, falling on the rush season of students flying home over the Thanksgiving holiday, has paralyzed a sizeable percentage of the intended holiday air travel, and has swelled the demand for bus and train transportation beyond capacity...
...question in the economy is still the auto market. Auto dealers reported demand for the new cars still running from 25% to 50% over last year. Ford has twice as many dealer orders now as a year ago, Buick three times as many, and Plymouth is up 16%. But there are still not enough cars to meet demand and get a true picture of the market. Last week, to make matters worse, a five-day walkout of white-collar workers at Chrysler Corp. forced a 63% slash in output, and Rambler stopped production after the Budd plant at Gary...
Though the Budd strike and the aftermath of the Chrysler strike will cut this week's production under last week's 1958 high of 125,279 cars, most automakers are putting on full steam to catch up to the healthy demand. Chevrolet last week produced 35,000 cars to pass Ford in weekly output for the first time this model year, hopes to reach 42,000 in three weeks...
...Demand is feeding on success," said Lucien O. Hooper of Wall Street's W. E. Hutton & Co. It seemed an understatement indeed in a week when the stock market again surged to new highs, but it was the best explanation Wall Street had to offer for what has become the most spectacular phenomenon of the 1958 business recovery. On all but one day last week, stocks climbed to new records, closed the week at 564.68 on the Dow-Jones industrial average, up 10.42 for the week to an alltime record.* The Dow-Jones industrial average, most volatile...
...reason for the steady market rise is heightened demand for a short supply of stocks. Though the average daily volume of stocks has more than tripled in the last ten years to 4,000,000, the number of shares listed has increased only 2½ times, to 4.9 billion. This year the situation has worsened; with industry operating below capacity in the recession, it had little need to go out after additional capital to expand. Result: the New York Stock Exchange added only 112 million new shares for the first nine months this year, compared to 271 million added...