Word: letup
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...steady rain was falling when Castro awoke in Panajachel the next morning, and he decided to stay on another day. Twenty-four hours later there was still no letup, and streams on either side of Panajachel were swollen. Castro went to church to pray that the rains might stop. All that night torrents fell, and Castro trembled with fear that his cornpatch might be washed into the lake or buried by landslides from the mountains. Next morning he joined the village elders as they dressed an image of San Francisco in a raincoat and paraded it down the street while...
Though there were scattered industrial layoffs and cutbacks-and scattered rehirings as well-there was no letup in many industries. The automakers had their biggest week (130,197 units) since 1941. Heavy construction awards of $178 million for the week were nearly double those of a year ago. Looking at all this hustle-bustle-and totting up the $47.5 billion in savings bonds U.S. consumers hold-Treasury Secretary John Snyder said cheerfully: "If we are going to have a depression, it's going to be the richest depression we ever...
...Steel's extra cut to its stockholders implied that steelmen expected the boom to continue. Said U.S. Steel's Chairman Irving S. Olds: "There has been little letup, almost no letup, in demand for steel." Bethlehem Steel's Chairman Eugene Grace entered a mild dissent: he had already detected some "softening in demand for many lines of steel." But Grace, who may have hoped by such talk to ease some of Washington's pressure for steel expansion, was not really pessimistic. Said he: "Even with the softening, I feel pretty safe in saying that our schedules...
...some states. The layoffs were also caused by a seasonal slump in building, and shutdown for inventory-taking, retooling, etc. In New York, the number getting unemployment benefits jumped from 320,544 in November to 461,280. But in such places as Pittsburgh and Detroit, there was no letup...
...Commerce brought out a calendar solemnly listing the "Special Days, Weeks and Months in 1949," with which U.S. admen will woo consumers this year. From "Idaho Potato & Onion Week," which growers are plugging this week, through "Woo Woo-National Sweater Week" starting Sept. 26, there will hardly be a letup. The week of April 1, said the department with tongue-in-cheek, will be known as "National Leave Us Alone Week...