Word: rosing
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Dates: during 1950-1959
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...reaching a 1958 low of 404,500 in the third week of March. Another hopeful sign was an upturn in machine-tool orders, considered an important economic indicator. And one major segment of the economy was enjoying a springtime bloom of prosperity: the Agriculture Department announced that farm prices rose 4% from February to March, with livestock, fruit, potatoes and eggs leading the way. It was the third consecutive monthly rise, put farm prices 10% above the year-ago level...
CASH DIVIDENDS paid by publicly reporting firms last month rose to $346 million v. $335 million in February of 1957. Biggest gainers: utilities, chemicals and nonelectrical machinery makers, finance and trade companies. The losers: railroads, mining firms, manufacturers of nonferrous metals, cars, textiles, paper...
After a gloomy winter, copper investors thought they saw a few signs of spring. On the New York Stock Exchange last week copper stocks rose in heavy trading. At week's end Kennecott was up 2⅜ to 88⅞, Anaconda up 2½ to 46⅞, Magma 5¼ to 47. Behind the push was a ½? rise to 23½? a Ib. in copper price at custom smelters, which normally supply about 15% of U.S. refined copper. On the London Metal Exchange, where world prices are set and fluctuate with daily sales, copper closed...
Needed: Money & Skills. Ireland is rolling out the plush green carpet because her few young, overprotected industries do not begin to supply home needs for manufactured goods. Imports last year rose to $512 million, exports stood at $368 million, and Ireland had to battle an overall trade imbalance of $144 million...
...Frank W. Jenks, 60, president of International Harvester, will become chief executive officer when Board Chairman John L. McCaffrey, 65, retires in May. Jenks went to work for Harvester as a clerk in 1914, rose steadily to the presidency last year (TIME...