Word: held
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Late? But the Dutch, the Scandinavians, and above all the British, with their slowed-down economy, are less sure that they can avert a deeper slide. Tough, restrictive policies in Britain saved the pound (Britain's reserves climbed last week to $3.1 billion, highest since 1950), but they held down inflationary pressure so much that Tory leaders must now worry about the threat from the opposite direction. Like the rest of Europe, the British have so far reaped the benefits of the 15-20% fall in world commodity prices since last year. But some raw-material exporters, their incomes...
Last week Tokyo's largest private art gallery, the Bridgestone, owned by Western Art Collector Shojiro Ishibashi (whose name translates into stone bridge), was displaying 38 figures, one of the largest Haniwa exhibits ever held. Among the prize examples from private and public collections all over Japan were seven objects now officially classified as unexportable "Important Cultural Assets," only one cut below "National Treasure." (But even with Japan's leading Haniwa expert, Professor Fumio Miki, on watch, two examples had to be withdrawn as suspected fakes after the catalogue had gone to press...
...manufacturers would rather go out of business than cut prices." So said an Atlanta department store manager last week, and his words echoed throughout the U.S. business community. Contrary to all the old economic laws, prices have held remarkably steady in the face of the recession; in some cases, they have actually risen...
...prices, many a manufacturer is pushing cheaper lines or stripped-down models to give customers the impression of lower prices. One reason for the lack of price cuts is that manufacturers' labor costs have continued to rise while productivity has lagged behind. Another reason is that manufacturers have held down inventories so well that there has been little "distress selling" to bring pressure for cuts...
STUDEBAKER-PACKARD reportedly will drop Packard from production because slow sales held output in past six months to mere 1,546 cars. It is expected to concentrate on small cars that will be low-powered (starting at 92 h.p.) and 3 ft. shorter than Ford, Chevy or Plymouth...