Word: replenishers
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...state of the Alliance for Progress. The session was less than two days old when President Kennedy sent an emergency message summoning home U.S. Treasury Secretary C. Douglas Dillon. Before he left, Dillon did put the Latins at ease on one point. The U.S., he said, was prepared to replenish the coffers of the Inter-American Development Bank, would also provide $1 billion in aid next year to match the $1 billion earmarked last year...
Yawkey took over in Boston in 1933, and spared no expense in converting the team into a permanent contender for twenty-five years. As the Williamses, the Peskys, the Parnells and the Doerrs have disappeared, however, Yawkey has been unwilling to replenish the stock of fine players...
...cars, a record for this time of year, the industry began to trim production to fit in more closely with sales. The cutbacks meant that production in the next few months will look poor when compared with 1960, when the industry produced heavily in the first quarter to replenish stocks depleted by the steel strike...
...rush to replenish inventories after the steel strike was one of the factors that got the year off to a good start, caused a hefty $900 million increase in inventories in January. But because of business caution-and better inventory controls (TIME, July 11)-many manufacturers, especially those who overstocked, have been steadily cutting down each month on what they buy for their inventories...
Dark Side. The drop in inventories is a foreboding sign to pessimists. For one, companies that are using their shelf stock to meet sales will eventually have to replenish their stock. But what pleased Government economists was the inventory decline's minor effect on the economy. Although inventory retrenchment has been going on for months, the economy has been able to absorb the loss without any great damage. The question now was how long the inventory decline would continue...