Word: plateauing
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...where the market would go next, few were hazarding a guess. Members of the Commerce Department's Business Advisory Council, meeting in Hot Springs, Va. with Secretary of Commerce Sinclair Weeks, foresaw a lull in business expansion, but predicted that business will continue at a high plateau through most of 1958, though it might slip 1% or 2%. Plainly, the stock market, influenced by Wall Street's pessimism about the business scene, has already discounted a much bigger drop in business than any economist or businessman could foresee...
...living costs continue "their seemingly inexorable rise." When the proper time comes, said Hayes, the Fed will "work the other side of the street." As for businessmen, General Electric President Ralph Cordiner reflected the feelings of many when he reminded the U.S. that it rests on an unparalleled economic plateau. Said Cordiner: "There are at least four long-term forces at work to reassure us as to the underlying strength of the economy−the needs of a growing population; the conduct of research and development on a large scale; the rising levels of income, and the tremendous opportunity offered...
...special public relations director, Richard Eldridge, to bring the college's name before more people than have been reached in the past and to interview prospective candidates for admission. President Zens hopes to up the enrollment to 150 students during the next ten years and once having attained this plateau to expand still further, to 250 students...
...economic tide. In a report issued this week, the Twentieth Century Fund declared that U.S. productive power has grown at such a spectacular rate over the last half-century that the American economy has assumed entirely new dimensions. "The U.S. has not merely climbed to a new plateau but is ascending heights whose upper limit is not yet measurable, and at an accelerated rate of speed. Our long-term trend is unmistakably upward...
...volcanic peaks of Kilimanjaro (elevation: 19,565 ft.), Mt. Kenya and the other volcanoes of the east. In its deepest clefts lie Africa's great lakes: Nyasa, Tanganyika and Lake Albert, with Lake Victoria, second in size only to North America's Lake Superior, on the high plateau near by. On either side of the great central rift, Middle Africa's land stretches out in vast monotonous terraces that drop in sudden sharp steps from 6,000 ft. to the level of the sea like the tiered bastions of some huge island fortress. Its rivers meander...