Word: midyear
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...extraordinary excess of U.S. exports over imports, said President Truman in his midyear economic report to Congress, is one of the temporary props under the U.S. economic system. Last week, the Department of Commerce released figures showing that the prop had begun to buckle. Since the war's end, exports had been steadily increasing until they reached a rate of $17 billion a year. But in June they suddenly sagged 13%, the first big postwar decrease...
...Council of Economic Advisers, which sent its midyear report to Congress this week, thought so too. The change from fear of recession to fear of inflation "has been unduly stimulated by such events as the corn crop scare," it said, "and an exaggerated interpretation of the effects of the coal mine wage adjustment. Some persons have scoffed at the idea that businessmen could or would follow a stabilizing course. Yet the reaction among progressive business leaders [in the last six months] was such as to make new possibilities of orderly price corrections in a free economy through the voluntary action...
...chief executive's statement was sent to Congress in the form of a midyear economic report under the 1946 employment act but it was addressed to the general public too. It was drafted with the help of the council of economic advisors, members of the cabinet and heads of government agencies...
...Steps on It. A. P. Giannini's Bank of America extended its lead as the largest U.S. bank. Its midyear statement reported total resources of $5,469,783,000, topping New York's National City Bank, the nation's second largest, by more than $400,000,000. New York's Chase National Bank, once neck-&-neck with the leader, ran third with...
...hear from quite a few Wesleyan graduates on that subject, because Wilbur Olin ("Bobby") Atwater, Beach Professor of Chemistry at Wesleyan University, was using human subjects in his respiration calorimeter, in the basement of Judd Hall, several years before 1911. I know, because I was one of them. At midyear examination time of my junior year (i.e., February 1905), a number of us took our examinations in Bobby's box, with the idea of finding out whether brain work consumed any physical energy. As I recall it, they never proved that it did, or at best reached a Scotch...