Word: midyear
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...rising stock market. But to TIME'S editors the bull does not mean Wall Street alone. He is also a symbol of the power of the U.S. economy. In the past ten years TIME'S readers have seen five bulls on the cover-three with midyear stories on the state of business, and two with the Year-End Review...
...midyear. The important discovery for long-term investors was that steel could make money even at surprisingly low operating rates; it was no longer at the mercy of feast-or-famine cycles...
...stock specialists have been selling more than buying, in the belief that the market would go lower. But the small investor, as shown by the odd-lot (under 100 shares) records, has been buying more than selling, added a total of 13,679,000 shares to his holdings by midyear. In June many small investors began to cash in their profits. Since then, they have been selling more stock than buying...
...expenditure of half the funds requested in his 1959 budget for civilian agency supplies and equipment, e.g., desks, paper clips. Promptly okayed by the House Appropriations Committee, the measure will enable the Administration to pay out or commit some $840 million that otherwise would not be touchable until after midyear...
...Ferguson, while noting that net sales were down 8% to 10% so far this year, reported that customers were beginning to ask for immediate delivery, a sure sign that "inventory reductions are nearing the point where we should feel the impact of an upturn by not later than midyear." As for steel, which so far has borne much of the brunt of the recession. President Avery C. Adams, of Jones & Laughlin Steel Corp., No. 4 in the industry, announced that J. & L.'s orders climbed slightly during the first twelve days of March, though nothing to get excited about...