Word: droppings
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Dates: during 1950-1959
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Describing sky diving, Istel said "There is no sensation of falling, you drop from the plane and swoop down through the air making controlled turns and banks and then after thirty seconds open your parachute...
...week's end the Labor and Commerce Departments announced the biggest sea sonal decline in employment for January since 1949. although the drop was accentuated by a late labor census in December that caught many Christmas employees, e.g., students, housewives, not normally included in the total. The result: though employment dropped 1,700,000, unemployment rose just under 500,000. Even so, nonfarm employment in mid-January was still the highest for any January on record. Despite all the talk of an impending bust, it looked as if reports of its imminence were greatly exaggerated...
...months in advance, since it usually takes that long for the rise or fall in wholesale prices to be passed on. Last week the commodity markets showed a distinct downtrend. Copper, at a 90-year peak of 46 a lb. only last March, slumped to 34?, was expected to drop still further. No. 2 copper scrap, also a March record-breaker when it hit 45.5?, fell 20? to the lowest price in some two years as copper production outpaced demand...
...most spectacular drop of all was in steel scrap (No. 1 heavy grade), which tumbled from a record high of $65.17 the week of Dec. 13 to $53.80 in just seven weeks. The worst fall since 1949, it brought a loss of as much as $12 a ton for some grades of scrap. But steel-scrap men were not panicked. They explained that the skyrocketing in scrap prices, caused by tremendous export and domestic orders, had brought out an unprecedented amount of scrap, flooding the market. (The state of New York had also helped: a new law requiring rigid examination...
UNION VIOLENCE in bloody Southern Bell Telephone strike two years ago has been compensated by one of the biggest out-of-court settlements in history. Communication Workers of America is paying $315,000 to Southern Bell, which will drop $5,000,000 damage suit against union...