Word: droppings
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Dates: during 1950-1959
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From Washington, Wall Street and the nation's major industries came a surprisingly unanimous report last week: the pickup is moving much faster than expected. The recovery led to the coining of a new phrase to characterize the recession-the V recession-a sharp drop followed by sharp recovery (see chart...
...Meantime, the rate of inventory liquidation slowed considerably, a sign that the day is near when manufacturers and retailers will stop living off the shelf, start replenishing stocks with fresh orders. The book value of manufacturers' inventories dipped $400 million in July, far less than the $700 million drop in June. The figure was down to $49.8 billion...
GOLD OUTFLOW from U.S. in 1958 has topped $1.76 billion, more than any full-year drop in nation's history. Movement is caused by recent recession, slump in exports, investors' flight from dollar...
...soon as SEC's investigation started, the Stock Exchange also moved in to brake any big drop in Artloom stock. It banned the use of "stop orders"; i.e., orders placed in advance by stockholders to sell (or buy) when the stock reaches a certain price. Such orders to sell, as they are successively executed, often send a stock plummeting. Nevertheless, Art-loom's price sagged last week...
...again last month for the 21st time in 23 months, stood at 123.9% of the 1947-49 average. While rising costs of transportation, medical services and food brought the index to a record high, food prices are now declining, which will show up in the index next month. The drop in food prices is expected to offset any rises that may come from fall-clothing and postage increases, thus keep the cost of living relatively stable in the months to come. Said Ewan Clague, commissioner of labor statistics: "My guess is that these will just about balance each other...