Word: demands
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Dates: during 1950-1959
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...from Armco's slide of 3! points to Youngstown Sheet & Tube's dip of gf. The main reason was a sudden pessimism, largely touched off by a gloomy steel report front-paged in the Wall Street Journal, and sent over the Dow-Jones ticker, which said that demand is disappointing and inventories are building up too fast. Steelmen thought the report was far too pessimistic, and so did the industry's bible, Iron Age. Said Editor Tom Campbell to the American Warehousemen's Association in Chicago: "The facts do not suggest a rate of activity under...
Slow sales of G.M. cars (TIME, Jan. 14) and some appliances were softening the market for cold rolled sheets, bringing supply in line with demand for the first time since last summer's strike. But for the types of steel that make up most of production, there was no letup. The market for structural steel, heavy plate and pipe that go into tankers, heavy construction and pipelines was tighter than at any time since the Korean...
Whittling the Inventory. What was happening was less a falling off of demand than a change in buying habits. With steel production at the fastest rate in history and no worry about a steel strike, buyers are not tying up their cash in inventory, as they did last year. They are buying closer to production schedules, demanding immediate delivery. Chrysler, for example, is still whittling down its steel leftovers from disappointing 1956, plans to step up buying...
...first violinist did not always play second fiddle to the conductor. In the small 18th century ensembles, the other musicians often took their lead from the first violin, but growing orchestras, complex scores and the public's demand for a good show have made the conductor virtually irreplaceable. Still, the concertmaster has far more to do with running the orchestra than meets...
DIAMOND SHORTAGE is bringing price boost by South Africa's monopolistic De Beers syndicate. Retail diamond jewelry prices will rise about 10% this year, following 5% hike in 1956, and industrial diamonds will go even higher. Demand is outstripping supply largely because U.S., which buys two-thirds of world's diamonds, last year imported peak $159 million worth of gem diamonds...