Word: dips
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Dates: during 1960-1969
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...fours. Then came the Road Hole. A booming drive left Palmer with an easy iron approach to the pin. Turning to his caddy, Palmer asked: "What should I use now?" The caddy suggested a five iron. The shot fell short, and Palmer found his ball nestled in a grassy dip on the front edge of the green. Muttering to himself, Palmer three-putted, fumed to a bogey on the 18th, wound up with a 70. "That 17th," he said angrily. "It's a bugaboo...
...weather activities often center on frenzied weekend parties in the "den," attended by neighbors, who each in his turn will throw a potato-chip and cheese-dip party on succeeding weekends. Cries a Chicago suburban woman: "I'm so sick and tired of seeing those same faces every Friday and Saturday night, I could scream." In Kansas City's suburban Overland Park, three jaded couples formed an "Anti-Conformity League" to fight groupthink, disbanded it soon afterward because, explains ex-Schoolteacher Ginger Powers (two children), "it was getting just too organized to be anti-conformist...
CORPORATE TAX DIP threatens to kill hopes for balanced budget for current fiscal year ending June 30. Collections from industry are running $500 million below estimates...
...everything isn't going through the ceiling, people think business is lousy. This is nonsense. We're in gorgeous shape as far as the overall outlook for the year is concerned." Actually, the easing credit was one reason for optimism. Most economists think that the current dip is only temporary. The drop was caused chiefly by record corporate earnings and slower-than-expected inventory accumulation, which have increased the cash supply of corporations for short-term investments...
...factors that have helped upset earlier estimates of the 1960 boom are the weather and the decline in the stock market. Said Virgil Martin, president of Chicago's Carson Pirie Scott & Co.: "The weather has been violently bad, and everybody has been disturbed psychologically by the stock market dip. Even people who are not in the market are affected. It's the headlines." In the New York area, severe snowstorms cut heavily into department stores' sales, forced them down 25% for the week ended March 5. Blizzards caused sales to drop 25% in St. Louis...