Word: paring
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...year since July 1954. To help work off the rest of the load, Detroit carefully held back from rushing in to replenish dealer stocks, allowed shortages to develop in some lines of convertibles and station wagons. Looking ahead, the industry anticipated that July, August, September and October would pare inventories to new lows and clear the showrooms for new models...
...Agreements Act, originally passed in 1934 and extended ten times since. Taking a long stride toward freer trade and away from isolationism, the House extended the act for five years instead of the previous maximum of three, granted the President broader trade powers than ever before, including authority to pare tariffs by as much as 10% in a single year (but not more than 25% over the five years). "This is an historic action," said Arkansas Democrat Wilbur D. Mills, the Democratic strategist who guided the bill to victory. "It tells the world that we are not pulling back...
Auto sales, which had poked along in May, showed a sudden 13% spurt in the last ten days and pushed the month's totals to 394,000 units, the best level of the year. With good weather helping sales, dealers managed to pare their inventories to 755,000 cars...
Steve Klass and James Hull play the back room politicians superbly, and Pare Lorentz and David Seil, as Senators Lyons and Jones, show why the South is more than down...
...high-volume, low-price operation. But while it is rough on retailers, it is fine for the U.S. consumer, who at long last has learned to call the tune. In the long run, it may also prove just the right tonic for U.S. businessmen, who will be forced to pare their soaring distribution costs-which are often equal to production costs-down to realistic levels...