Word: levelation
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Dates: during 1950-1959
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...points piled up in American Contract Bridge League tournaments -are Sidney Silodor (4,479½) and John Randolph Crawford (4,383), longtime teammates with radically different bridge-table styles. Philadelphian Silodor, 51, who makes a comfortable income as a society bridge teacher, is perhaps the slowest player in top-level bridge, infuriates opponents with long spells of fierce, immobile concentration. Suave, dapper New Yorker Crawford, 43, Main Line Philadelphian by origin (he claims to be the only bridge master in the Social Register), is fast and impatient, deliberately tries to confuse opponents by creating an impression of wildness while actually...
...historic week for Wall Streeters. Led by such blue chips as U.S. Steel and Standard Oil (N.J.), the Dow Jones industrial average broke through the 520 level that has been a barrier three times before, climbed to an alltime record high of 526.57 before settling back to 526.43. What gave the market its record-breaking push was the same combination of improving business news, institutional buying and fear of inflation that has sent it on one of the steepest climbs in history...
...Said Samuel L. Stedman, partner of Carl M. Loeb, Rhoades & Co.: "I don't see a major selloff, but this level will tempt a lot of companies into financing, and these rights offerings may take some of the upward pressure from the blue chips. Specialties should move up while the rest of the market churns...
...lagging far behind general recovery from the recession. While industrial production has recouped more than 50% of its loss, manufacturing employment has recovered only 25%. When will the bulk of the unemployed be rehired? Last week top Administration economists estimated that even when production hits the mid-1957 boom level, unemployment will remain at upwards of 4,000,000, or 6% of the labor force, because of some significant changes in production methods...
...Mass.-and the home-town kid who has made good is full of the knowledge that you can't go home again. But this time it is the boy who belonged to the town's upper crust and the girl who lived on the dreary lower-lower level. Tom had first seen Rhoda coming from a typing class, and after that there was really no other woman for him, except on the rebound. He had just sold his first play, and in the happy Fitzgerald days he showed Rhoda a world she could not even imagine...