Word: hard-hitting
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Spot of Sun. Then came last month's storm (TIME, Feb. 9), which broke through Belgium's dikes and turned a catty rumor into a constitutional ruckus. While British and Dutch royalty went personally to the aid of their hard-hit subjects, ailing King Baudouin took off with his father and stepmother for a spot of winter sunshine on the French Riviera. The Brussels press exploded. Newspapers, ordinarily respectful of the monarchy, front-paged pictures of the royal sunbathers side by side with photos of their flooded countrymen. A quick return and a tour of the worst-hit...
...wring-out is the growing unemployment. Of 130,000 textile workers, 35,000 are now estimated to be out of work; the percentage in the building industry is almost as high. Having tried valiantly to ignore the problem, Perón's labor chieftains now seek deals with hard-hit firms to get employees from the provinces fired first, and to spread the work, through reduced hours and pay, among as many union members as possible. But last week, when Perón's Labor Boss José Espejo turned up as guest of honor at a soccer...
...crisply praised Maureen's cannonball abandon, but also felt compelled to chalk up part of their defeats to the heat. The heat made no difference to Killer Connolly. Cool and unperturbed, despite a painfully sore shoulder, she kept dancing her little baseline jig, running her rivals ragged with hard-hit placements, only occasionally coming to the net to volley...
...spring slump that had many businessmen worried? It was still too early to tell, but there were already signs that businessmen, having cut their inventories to the bone, were beginning to end their own buying strike. One furniture maker reported new orders 36% above last year's. The hard-hit textile industry picked up to the point where raw wool prices were on the rise again, and rayon and acetate shipments were up 4½% since March. The wholesale-price average of all commodities turned up 0.1% for the week, indicating a stiffer demand for raw materials. Moreover, construction...
Textiles. American Woolen, despite a 16% rise in sales, was hard-hit by the slump. It did not report its actual losses, merely put them at $895,000 after tax carrybacks, v. a profit in the 1951 quarter of $1.1 million...