Word: nipping
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...such probability was that the steel strike would be followed by a big rush of businessmen to rebuild inventories that would further squeeze credit, boost interest rates and perhaps nip the boom. But the Commerce Department announced last week that the inventory total in the fourth quarter remained about level. Though there was a December spurt in inventories, it was not as big as expected. The Commerce Department now expects that inventories will accumulate by the end of the second quarter at an $8 billion rather than a $10 billion rate, thus spreading out buying and making growth more steady...
Through the U.S. business community ran a puzzling undercurrent of uneasiness, prompted in part by the stock market's slump (see above) and fear that tight money will nip the boom. As they looked ahead into the 19603, many businessmen also realized that the prosperity envisaged by economists will demand a lot of no-nonsense elbow grease. Yet news from all areas last week showed the economy to be strong. Items...
...salt water fisherman will be trying to catch sharks similar to the seven-foot blue which Fieser landed off Cape Cod after a nip-and-tuck battle for several hours...
Lonely Force. Neither Prado nor any other political leader proposes to wipe out Latin America's armed services, long a necessary and sometimes a lonely force for stability. Even in democratic Brazil, President Juscelino Kubitschek rules today because the army four years ago staged a "preventive coup" to nip a plot against him. The Argentine military backs Frondizi against mob pressures. In Guatemala the military academy is dubbed the "school of Presidents" because it trained four of the last five chief executives...
...custom of eating grapefruit. But some citizens of his home town, Uvalde, Texas, suspect that Garner did not really give up his cigars and whisky last year, as he had dourly announced. No cigars, maybe, but it was quite difficult to picture durable Bourbonman Garner not hoisting one small nip to "strike a blow for liberty" once in a while...