Word: prewar
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Dates: during 1950-1959
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...their action, in the "gold-fixing room" of Bullion Dealers N. M. Rothschild & Sons, the six men* gave the world its first official free-gold market since the war ended the meetings in the fixing room. The dealers hoped and expected that the move would restore London to its prewar status as the leading gold-trading center, lure business away from such unofficial markets as Paris, Tangiers and Geneva, where the price often varies from city to city...
Most disturbing of the three is Jean Stafford's expertly written A Winter's Tale. With its prewar Heidelberg setting (where Author Stafford was once a student), its subtle mixture of Nazi erosion, false piety and neurotic love, this is not a story for those who want happy endings. Domineering Frau Professor Gait is hated not only by her husband and her young American visitor, but by her young lover as well. To the American girl who takes the lover away briefly before he goes on military maneuvers, he seems at once preoccupied, cruel and dead inside...
...prosperous year in U.S. history. It left the economy in good health. Unemployment increased to 2,300,000 workers by last month, 500,000 more than a year ago, but this is still only about half the unemployment in January 1950, and about a third of the total in prewar January...
Barbecue Bonanza. Thanks largely to the kitchen craze, the appliance business, which grossed only $685 million a year prewar, is now a $5 billion giant. Stores that supply kitchen furnishings have never had it so good. Chicago's Carson Pirie Scott & Co. separated its kitchen furnishings from its appliances 18 months ago, and sales rose from $35,000 a year to $90,000. The American Rack Merchandisers' Institute announced that 1953 sales of housewares in supermarkets came to $135 million, v. $113 million a year earlier. Sales of kitchen furniture last year totaled $500 million, up 8% from...
...British report card for 1953: ¶ British industrial production was the highest ever, up 5% over 1952 and about 28% above prewar (not as sensational as West Germany's, but good nonetheless). ¶ Employment, instead of dropping as predicted, actually increased...