Word: dipped
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...scheduled a rise of 25%, Ford 21%. Not until dealers have all the cars they want, sometime in January, will automakers know whether the present spurt is temporary or the signal of a good year ahead. Only then will the industry know whether auto sales can avoid the sharp dip of last January, when the auto recession really...
Just as sharply as it had fallen, the market rebounded at midweek, gained back about 50% of its losses for the week. Steel, which had suffered heavy losses in the dip, sprang back at more bullish estimates of steel production in the weeks ahead. Better October earnings for railroads snapped back railroad stocks. Pennsylvania reported $4,026,319 in October earnings, highest for any month this year and more than twice last October's earnings; New York Central had its best month since December 1956, with earnings of $4,674,110. At week's end the market...
...week's sharp dip highlighted one of the bull market's chief problems, a shortening supply of stocks. This has made the market so thin that prices move widely up and down on comparatively small sales. To many a market specialist, much of the blame for the thin markets can be laid on the capital gains...
...account of about $19.50 included 14 Camembert cheeses, 20 loaves of bread, six helpings of fried potatoes bought to celebrate Jeannot's discovery of some marketable shoes, plus 190 glasses of wine downed to keep up with his tipsy pals. But just as Philanthropist Walter intended, Rebours' dip in the depths paid off. He was so successful at putting his experience on paper that he decided to quit science for journalism. Last week France-Soir tentatively promised Rebours a job soon as one of its reporters...
...months, steel production leveled to 74.3% of capacity, slightly below the rate of early November. No major production gains are expected unless and until automakers speed their steel orders. Applications for FHA mortgage insurance on new homes slipped 14% from September to October, a sign that housing starts may dip later...