Word: lows
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Dates: during 1950-1959
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...Ryne persisted, finally licked his wildness with the help of Manager Lefty O'Doul at Vancouver in 1956. "He taught me to aim at the catcher's knee, at his shoulder, at his belt," says Duren. "To move it around, one ball high and away, the next low and inside. I tried and it worked." With Denver last year Duren pitched a no-hitter in his first start, had a 13-2 mark, walked only 33 men in 114 innings...
Despite some low-flying airplanes, the performers on the whole come through clearly; though one is frequently aware of their striving for clarity, which they must eventually overcome. Clarity should seem effortless...
...aircrafts, etc.) and consumer durables. Even more meaningful was the news on personal income. Though total personal income has held remarkably stable throughout the recession, serving as a needed ballast for the whole economy, April's rate for wage and salary disbursements had still dipped to a worrisome low of $232 billion, down $6.1 billion from 1957. In June the figure climbed back up. The total: up $3.3 billion to $235.3 billion. If Social Security and veterans' payments, which hit new records this spring, are counted in, total personal income for June, at $351.8 billion, was appreciably ahead...
...Rotnem, partner of Harris, Upham & Co. "But today the market is more vulnerable; people are paying twice as much for earnings now as in 1950." Bears point out that the Dow-Jones industrials in mid-1950 sold at eight times earnings; during the '53 recession they sold as low as 9.5 times earnings; currently they are selling approximately 18 times earnings and yielding 3.9%, v. 6.16% at the time of Korea...
Deceptive Words. The advance-fee racket begins, explained William Parker, a onetime "salesman" who spent 2½ years in prison, when a smooth-talking salesman finds a small property owner anxious to sell out. He ridicules his victim's low asking price, insists that his agency can get much more. After determining the prospect's wealth, he then asks an advance fee of about 1% of the newly inflated asking price, pressures the hopeful property owner into signing a contract on the spot...