Word: marketed
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Dates: during 1950-1959
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...York Times's slender International edition (circulation about 8,000), printed in Amsterdam, reaches readers a full day or more after the Trib. "Le New York," as the French fondly call it, is more than a daily paper-it is a European institution, like the Flea Market and the Bourse, the Rhine and the Rhone...
...effects. As the steel strike started, unemployment was down by 238,000 from June to 3,744,000. But an unusual rise in the number of unemployed farm workers in July because of bad weather, and large numbers of young workers moving in and out of the labor market, raised the rate of unemployment to 5.1% from 4.9% in June. The July rise was caused by "temporary factors," said the Labor Department, which expects unemployment to continue to decline in the fall...
...stock market last week took its hardest fall in nearly four years, but picked itself up nimbly by week's end with only a few bruises. On the first day of trading, the Dow-Jones industrial average dropped 14.78 points. Not since President Eisenhower's heart attack in September 1955 had a market break been so sharp...
Though there was talk of a "peace scare," Wall Street agreed that the market was due for a technical correction after a headlong rise from last spring, saw the break as an opportunity for earnings and dividends to catch up with soaring prices. The drop was accelerated by news of the exotic fuel cutback (see Aviation) and poor earnings in aircraft companies...
...sector of the market showed the need for adjustment more than the electronics stocks. They have risen more than four times as much as the market as a whole since January 1958 (see chart), have outpaced every other stock group. The average ratio of price to earnings among electronics stocks is more than 25 to 1, and some have been selling at up to 100 times earnings. Fairchild Camera soared from 91½ in April to 205 within three months, before dropping back to 142¾, where it is still at 50 times earnings; Texas Instruments has risen from...