Word: expectability
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Dates: during 1950-1959
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...Future. What the U.S. could expect in the future and what might well send Wall Street's stock market higher still was contained in the predictions of industry's executives. Ford Vice President Charles R. Beacham predicted that auto sales in 1959 would top 1958 by 40%. U.S. Rubber General Sales Manager Herbert D. Smith predicted record sales of 94.5 million tires this year for the replacement market, to say nothing of the 29 million tires that go on new cars...
...million, nearly double the $28.3 million during the same month last year, and well ahead of shipments (see chart). Said James C. Hodge, executive vice president of Warner & Swasey Co., leading U.S. toolmaker, whose orders are up at a rate more than 100% higher than last year: "We expect new order increases to continue during this year and probably into...
...rates went up. Major New York banks hiked their prime interest from 4% to 41%, equal to the prerecession level. The boost reflected heavier demands for bank loans by both business and consumers, also brought loan rates into line with yields on bonds. Most bankers now expect that the Federal Reserve will raise the discount rate from its current 3%. As interest rates climb, they will drive down farther a market already at a historic...
Makers predict that production of room units will rise from last year's 1,350,000 to about 1,700,000, and shipments of central air conditioners will go from last year's 224,000 to 280,000. They expect a boost from the record number of new houses going up this year (see Construction); 10% of them will be built with central air conditioning v. only 1.4% in 1952. Says the Federal Housing Administration: "Within a few years, any house that is not air-conditioned will probably be obsolescent...
Although using the moon as a radio relay point is not a new technique, the Americans and British expect it to be a convenient way of keeping in touch without interference from ships and other radio users. The British radio telescope, the world's largest, is used for tracking American moon shots and satellites...