Word: ratings
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Dates: during 1950-1959
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...decision to follow the interest market up another half notch was concern over the ballooning of commercial loans, which have continued to rise despite downturns in loan requirements in industries affected by the steel strike. During the strike's early stages, the Fed delayed raising the discount rate for fear of adding to the effects of the strike on the economy. But as it became clear that the strike was not slowing the boom, the Fed began to worry over what will happen when the steel strike ends and steel users return in full force to the loan market...
...followed by oblivion." The association blamed the industry's decline on "unparalleled government muddle, management inefficiency, and a seemingly complete disregard for Britain's welfare." One of the union's biggest worries: this major British industry (total employment: 239,800) is laying off workers at the rate of 800 a month...
...slowdown; personal income recovered peak levels in 14 months v. 16 months in the other two postwar recessions. Last week the Commerce Department announced that spending for new plant and equipment will hit an annual clip of $35.4 billion in the fourth quarter (against a 1957 peak rate of $38 billion and a 1958 slump low of $30 billion); many crystal-bailers see a pace close to $40 billion in 1960. "Here's what will happen next," says Vice President Russell H. Metzner of Cleveland's Central National Bank. "The cost of living will rise. Hard goods will...
German-made Tower is technically first-rate, precisioned as a Mercedes, and German-born Actress Palmer is a suave, consummate performer. The camera ranges so fluently through her glass prison it seems a pity that the action it catches is mostly senseless Sturm und Drang...
...that he is a wealthy alumnus who remembers his own freshman year with something less than enthusiasm, and who approached the Administration with a desire to improve the lot of future Harvard initiates. Quite likely, his generosity has by now been supplemented by support from other sources. At any rate, money does not seem to have been a serious obstacle at any point in the preparation of the Program...