Word: paces
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Dates: during 1950-1959
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...Indiana farmer, and a graduate of Chicago's McCormick Theological Seminary, is pastor of Denver's Montview Boulevard Presbyterian Church (membership: 4,300). The church's greatest problem, Moderator Miller told reporters, is reconciliation. "With racial antagonisms, with divorce, juvenile delinquency, and the frantic pace of life these days, the church has a ministry of reconciliation to help people understand each other...
Traded to Baltimore near the end of the season, Wilhelm was assured by Manager Paul Richards that he could be a starting pitcher. It seems to have made all the difference. As a starter, he did not have to throw so hard, could pace himself, concentrate more on control with softer pitches. Manager Richards figures that his knuckle-ball ace has four or five years of good pitching left: "He's my best pitcher now, and he's getting better." On that statement, Richards will get no argument from the rest of the American League...
...Department last week. Sales reached $30.2 billion v. $29.1 billion in March, and new orders also set a record by climbing $800 million above March. For this reason-and other signs of heartiness in the economy-Commerce Department reported that the recovery is proceeding "at a better-than-seasonal pace and on a broadening scale." But it pointed out that the upward surge of the boom is still ahead: despite a 2% rise in industrial output above pre-recession highs, the rise is so far not as great as after other postwar recessions...
...meeting of the National Industrial Conference Board took their annual look at the state of the U.S. economy. Their report was still another confirmation that the U.S. is in the early stages of a new boom. The businessmen thought that a steel strike might slow the economy's pace somewhat in 1959's second half, but not enough to take the zip out of industry-or prevent it from hitting new peaks in many important sectors...
Nevertheless, some critics insist that buying a mutual fund is just buying a piece of the Dow-Jones industrial average, point out that the top five common stock funds just kept pace with the averages in the seven-year bull market. But Broker Arthur Weisenberger, the Boswell of the industry, whose brokerage house puts out the definitive yearbook of the funds, argues that an investor could pick a slow mover even in the stocks in the blue-chip Dow-Jones averages. Only 14 of the 30 stocks have done as well as the 229% gain in the averages...