Word: move
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Dates: during 1950-1959
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...Trying to anticipate any theater season," said a critic, "is like wiping off the lipstick before you've kissed the girl." Last week the girl was getting ready to be kissed. Trying out on the road before the hoped-for move to Broadway, new shows were primping frantically amid the desperate attentions of play doctors, angels, producers and producers' wives...
Like Columbia, Sceptre was financed by a syndicate, eleven members of the Royal Yacht Squadron at Cowes. She was also designed for heavy weather. In trial runs, Sceptre looked her best when fighting to windward in a running sea. Free to move fast and safely in her yawning cockpit, her crewmen could put their stabilizing weight where it was needed. But some British experts were grumbling that Scottish Designer David Boyd, 55, had made Sceptre too rugged. With a foot less waterline length (45 ft. v. 44 ft.), Sceptre's displacement is 68,000 Ibs. compared...
With such proof of recovery before it, the FRB last week continued tightening credit, gave the New York, Cleveland, Richmond and St. Louis Federal Reserve Banks permission to up the discount rate from 1¼% to 2%, continuing the upward move initiated by the San Francisco Reserve Bank (TIME, Aug. 25). The earlier rises brought no change in the prime rate (i.e., the interest charged customers with blue-chip credit), which is set by New York banks that make 20% of bank loans to business. But as soon as the New York Federal Reserve Bank raised its discount rate...
...jobless ratio rose because unemployment did not go down as much as it should have, considering seasonal factors. Actually, much of the dip in the unemployment total came from students who gave up looking for summer jobs-a move that was discounted by seasonally adjusted figures. But the hard core of unemployed adults over 25 held at 3,241,000, close to the high June-July level...
Donner admits he does not fully understand the reasons for the small-car vogue, but he is in no rush to order basic changes in G.M.'s product line. "I don't know for sure what it^ means, but I can tell you this-before we move at G.M., we will be sure. What would you do if you were Chevrolet and had the responsibility for selling a million and a half cars a year...