Word: lows
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Dates: during 1950-1959
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...Improvement has come somewhat sooner and more vigorously than many observers had perhaps anticipated." So reported the monthly review of the Federal Reserve Bank of New York last week. The 1958 recession, said the review, probably reached its low point in April, and it was the shortest and the most severe of the postwar recessions. Though it warned that a mild setback might follow the initial upturn, as in 1949 and 1954, the bank saw hopeful signs in the fact that the recovery so far has been broader than in either of the previous postwar recessions...
...current levels. There is a great deal of ignorant and superficial buying which is using inflation as an excuse. Unless inflation shows up in earnings and dividends, this reasoning is stupid. The market over the next six months will sell materially lower, touching last fall's 420 low...
...photographer takes his picture with Rexall's top brass, and the company often persuades the druggist's home-town paper to run it. Dart also gives the druggist an incentive to push Rexall products more vigorously than competing brands by selling at such low wholesale prices that the druggist can often get a bigger markup on Rexall products than others...
Born. To Harry Lillis ("Bing") Crosby, 54, patriarchal tycrooner, horseman, low-handicap golfer, and Cinemactress Kathy (Operation Mad Ball) Grant (formerly Olive Kathryn Grandstaff of West Columbia, Texas), 24: a son, their first child (he has four other sons by his first wife, the late Musicomedienne Dixie Lee); in Hollywood. Name: Harry Lillis III. Nickname: Tex. Weight...
...himself as a playwright by reading "nothing but plays, great plays, melodrama" until "he was thinking in dialogue." Agnes, the convent-educated daughter of a painter, met him in a Greenwich Village joint called "The Hell Hole." As he saw her home that same evening, he said in a low, sure voice: "I want to spend every night of my life from now on with you. I mean this. Every night of my life...