Word: reorder
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What all this meant to U.S. business at large was that though manufacturers' new orders have lately dropped, businessmen will have to reorder if the consumer keeps on buying at his present rate. Even the skittish stock market showed some cheer at this prospect. Though the bears on Wall Street had widely prophesied that the skidding market would break through its previous low for the year (reached in March) and continue its drop, they were disappointed. The market went right down to its low, then turned around and rallied. It ended the week at 607.62 on the Dow-Jones...
...peaceful strike tied up the industry from Massachusetts to Delaware. In all, 105,000 workers walked out of 2,286 shops. Retailers howled. Although most shops have 80% or 85% of their Easter clothes in stock, many were caught short of supply, and no one will be able to reorder if a popular line sells...
...cater to people when they need things." For this, manufacturers last week blamed the department stores: "The store buyer doesn't think ahead. If it's a cold spring, she gets panicky, concentrates on getting rid of what she had, and won't reorder fresh stock early." The stores blamed manufacturers: "Try to reorder anything in May. The manufacturers don't think ahead...
...electronic brains if the problem can be reduced to a formula. The Atomic Energy Commission has three 701 computers, uses them to figure out incredibly complex problems on its nuclear production line. The Navy has a 701 keeping track of inventories and shipments, calculating when to reorder thousands of different items and how much to buy. IBM has just delivered a new NORC computer (TIME, Dec. 13) to the Navy; it cost $2,500,000 to build, can do one billion calculations daily...
...most critical elements in the buildup of U.S. air power still hangs in the balance. Holding that there is no need to reorder production-model aircraft more than 21 months in advance, Wilson will wait until the next fiscal year (beginning July 1954) to decide whether the Air Force will go through with plans to buy 1,500 more combat planes, most of them supersonic fighters. But the decision already seems clear: to pay for these planes, the Air Force will need $1.5 billion more than it got in this year's budget; already Budget Director Joseph Dodge...