Word: droppings
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Dates: during 1950-1959
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...century fashion in ample bosoms produced "Bust-O-Fill"; the current bosom-conscious fad has resulted in "Kurv-On," "La Contour" and "Charm-On," which, says the Food and Drug Administration, "have about the same effect on the development or structure of the female breast as Smith Brothers cough drops." The "magic detector" of Dr. Albert Abrams, a roaring success in the '20s, popped up again last year in San Francisco. The detector enabled Dr. Abrams to "tune in on the electric vibration coming from a drop of blood and tell exactly what disease the patients were suffering from...
...curious bookkeeping quirk. Superior charges off all drilling costs in one year against overall earnings, rather than amortizing such capital expenses against individual properties over a period of years. By shifting to standard accounting, the net per share would double, and the price-earnings ratio drop to about...
...darkest periods since the war, the government decided that more austerity was needed to restore the pound's prestige. It cut down government spending, raised the bank rate to 7%, got banks to put a voluntary "freeze" on bank loans. Britain was also helped by the worldwide drop in prices of raw materials. Its austerity program worked, and by mid-1958 Britain again had more than $3 billion in gold and exchange in the till-and new self-confidence. It freed the economy from a tangle of regulations, lowered income and corporate taxes, made sterling convertible, and announced...
Until last week, the most nagging worry of the recovery was the relatively slow drop in the rolls of the unemployed. After the jobless held at about 7% of the labor force through most of the recession, the figures dipped below 6% in November, then stayed between 5% and 6% throughout the winter, causing the experts to wonder if they might not hover there indefinitely. The May breakthrough proved the experts happily wrong, particularly since the best news came from the manufacturing industries hardest hit by recession. At a time when factory employment normally stabilizes as producers start slowing down...
Practically all the gain was in durable goods. Auto-industry employment increased 5,300 to 752,000, v. only 596,000 a year ago; in terms of unemployment, it meant a drop to 5.9% from a frightening 27.2% last year. Primary metals had only 3.4% unemployment v. 13.9% a year ago, electrical machinery was down to 5.9% from...