Word: dipped
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...jobless ratio rose because unemployment did not go down as much as it should have, considering seasonal factors. Actually, much of the dip in the unemployment total came from students who gave up looking for summer jobs-a move that was discounted by seasonally adjusted figures. But the hard core of unemployed adults over 25 held at 3,241,000, close to the high June-July level...
...problem is important because filters are largely responsible for the new boom in cigarettes. After a sharp dip in 1953-54, when medical tests indicating a cancer-cigarette link were widely publicized, sales have come back to hit a new record this year (see chart). Smokers worried about tar and nicotine pushed filters, with their "thousands of filter traps," to 38.5% of the market last year, will increase the percentage to 45% of a market that promises to top $5 billion...
SHIPBUILDING SLOWDOWN is growing serious. U.S. shipyards have had no new commercial orders since March. Work under way in yards will soon dip below 3,000,000 tons for first time in 18 months...
...year, it raised margin requirements (i.e., the minimum cash payment required on stock purchases) from 50% to 70%. While the Fed thought its action would act as a damper on speculation, changes in margins have usually had almost no effect on the market (see chart). After a brief dip last week, the market closed the week at 510.13, only 11 points under the alltime bull market top. Stock Exchange President G. Keith Funston complained that the Fed's action was unnecessary, pointed out that despite the six months' rise, customer credit on non-Government securities...
Though Wall Streeters are uneasy about the swiftness of the rise, few expect a substantial selloff. Earnings and dividends are now more secure* than they were a few months ago, and many institutions are waiting for a dip to buy. What Wall Streeters call the "350 Club"-the bears who saw the industrials declining to that level last winter-has been dissolved; it has been reorganized as the "450 Club." But these analysts could be wrong again. "There are hundreds of professional investors and institutions who go down on their knees at night, praying that the market will return...