Word: dippings
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Dates: during 1960-1969
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...last year's $6.8 billion to $5.3 billion and frustrated attempts to achieve a surplus in the overall balance of payments. The Commerce Department, which last week estimated that U.S. payments ran a deficit of $200 million to $400 million during the third quarter, expects the nation to dip into the red by some $1.5 billion for the full year...
Still, many a blue-chip stock, among them IBM, General Electric and General Motors, reached new highs. Though the market had gained 62½ points in the past two months, increasing the chance for a corrective dip, Wall Street remained determinedly optimistic. Whatever happens to stock prices, trading activity seems to have reached a new high plateau, where commission profits are keeping the brokers happy...
Anyone who sets out to buy a house this fall will run into a bothersome paradox: while the demand for houses is declining the asking prices are rising. The number of housing starts in 1965 will dip 4% to 6% below last year's disappointing 1,591,000, and Treasury Secretary Henry Fowler calls housing one the U.S. economy's few "sputtering" segments. Yet the home buyer has to pay at least 3% more than a year ago. Throughout the U.S., reports the Census Bureau, the median price for new houses has jumped in the past year from...
...tartly and occasionally tenderly about socialites as they close up their chateaux in Biarritz and their villas in Majorca to return to the comforts of London and New York. Suzy knows how to catch them on the run. "Princess Peggy d'Arenberg will be arriving from Paris to dip into the New York social season," she noted. "You all remember Traveling Peggy. If she stays any place for more than a week, she gets nervous. And all her suitcases start to shake...
Both sides were ready .for a strike, if it came. United Steelworker locals dusted off strike signs, prepared rosters of pickets, set aside emergency relief funds; in case there was an unexpectedly long walkout, the parent union could dip into a $20 million surplus. Steelmen halted deliveries of coal, limestone and iron ore as of this week, began clearing their yards of freight cars to avoid paying demurrage charges, sent orders out to start cooling off the giant open-hearth furnaces...