Word: lows
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Dates: during 1940-1949
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...river continually chewing at its banks. The coming of steam made things worse; woodburning stern-wheelers stopped to cut into the tropical forests for fuel. That made for greater erosion, and also for a quicker rain runoff, with the result that the river could be high one day, low a few days later. Sandbars piled up so fast that steamers could not follow the same course from one day to the next...
...although the river still handles 40% of the country's shipping trade, the traffic is irregular. Two weeks ago, because of the low water, not a steamer moved on the upper river. Such delays, by stretching out trips, cut deep into the profits of the Magdalena companies...
Teaching has been said to be a happy profession. Then why don't more people want to get into it? Last week Indiana University professors took a survey of 1,615 students, and soon found reasons for the lack of interest. Principal objections: 1) low pay; 2) cramped style-students wanted to be able to smoke, drink, date, dance, play cards, speak, vote, and think as they pleased, with or without the approval of a school board...
Manufacturers insisted they could not help. New England and Southern mill owners, who had just upped wages 8%, complained that prices were already too low. Rather than slash them more, they cut back production. Four-day work weeks and layoffs became common in the industry...
...nation's taxicab business has slumped as much as 25% below the normal summer slack. Parmelee Transportation Co., biggest U.S. company, with 4,167 cabs in New York, Chicago, Pittsburgh and Minneapolis, figures that this year's net may go as low as $500,000 (its boom-peak net: $2,000,000 in 1946). For many a smaller company, trying to meet more than doubled postwar costs on prewar fares, the slump means...