Word: dipped
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Some business leaders still viewed that prospect with the kind of alarm that caused the market to dip after the Republicans lost the Maine state elections. "Venture capital," said one, "would crawl into its shell and creep away." Others shrugged their shoulders. "You might do better with Ike," said Connecticut's Richard G. Williams, major stockholder of the J. B. Williams Co., "but you won't go broke with Stevenson...
...billion in gold and dollar reserves before the pound is strong enough for convertibility. In Britain's economy, beset by inflation, imports have risen more than exports, until gold and dollar reserves have slipped from $3 billion in 1954 to $2.2 billion this year. They may dip lower if the Suez crisis forces Britain to buy oil from the dollar area. To right the balance, West Germany argues that Britain should devalue its pound, thus make British goods more attractive for export customers. But Britain has no intention of devaluing, instead hopes to solve her problem by stemming inflation...
...Administration has long worried about the dip in housing construction, now at the rate of 1,100,000 starts a year v. 1,300,000 a year ago. Last week it took four steps to turn the building curve upward again...
...Generation. Such overoptimism worries many observers even more than rising credit. While the rate of repayment on installment loans continues at a peak, they point out, a sharp dip in employment might bring on a wave of defaults that could wash in a recession-or worse...
...miles in altitude, whipping around the earth every 90 minutes at 1,800 m.p.h. but recent tests indicate that the moon may rise to 1.500 miles in height at the far end of its elliptical orbit, travel at 1,900 m.p.h. As the moon slows in speed, it will dip closer and closer to the earth's atmosphere until, inevitably, it will disappear in a flash of friction...