Word: downwards
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Dates: during 1950-1959
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PRICES of gasoline are probably headed downward. Huge stocks, now 22% higher than last year, are beginning to force price cuts at wholesale. Some brokers are trimming prices a half-cent a gallon, and refiners, who have maintained their prices so far, may have to follow suit after Labor...
...Steelmen, optimistic about fourth-quarter orders only a few weeks ago, were revising their estimates downward as much...
BUILDING costs are heading downward. Pacific Northwest lumber mills, feeling the pinch of Canadian competition, have cut prices as much as 25% in the past year. In Oregon and Washington, more than 150 lumber mills are so overstocked that they have curtailed operations or closed down entirely...
Kiplinger's letter-writing style has nothing in common with Lord Chesterfield's. Like the other Kiplinger letters, the first issue of Overseas Postscript was composed in punchy, prophetic telegraphese. Sample topics: effect of a Korean truce on U.S. output (no "sharp recession, only a wiggle" downward), cuts in foreign aid. immigration quotas, book-burning ("The State Department is ashamed . . ."). Kiplinger, who thinks a newsletter should be a two-way affair, hopes to pick topics for later letters from reader requests for information...
...downward course of the 1954 defense budget to date...