Word: rosing
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Dates: during 1950-1959
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...best air force in South America, a 200-plane wing including Canberras, Sabre jets and Vampires, rose in revolt last week against its commanding officer, Venezuela's Dictator Marcos Pérez Jiménez, 43. Because the airmen quickly lost heart when other armed forces failed to join them, the revolution failed. But Major General Pérez Jiménez, far from relaxing over an easy win, was left nervous and nettled...
Appalled West Coast sportswriters moaned their prophecy: Oregon would have less chance against Ohio State in the Rose Bowl than a small boy against the town tough. Playing in the spotty Pacific Coast Conference, Oregon was a two-time loser in its last three games. And Ohio State's brawny Buckeyes, despite an opening-game upset by Texas Christian, were undefeated in the mighty Big Ten. From San Diego to Portland, bookies hefted the sheer weight of the Ohio State ground attack and made the visitors the favorites by as much as 24 points...
Last week 98,202 fans had barely settled down in the Rose Bowl at Pasadena before the slaughter seemed to start. Ohio State took the opening kickoff and turned loose a bullnecked, bulldozing fullback named Bob White. With White whacking away at the middle of the Oregon line, the Midwesterners knocked Oregon's Star Guard Harry Mondale out of the game, rumbled across the goal line after only 13 plays. Score...
...stock market entered 1958 in an upbeat mood. After months of slow decline, a record 5,073,730 shares changed hands on the last trading day of 1957. Despite the flood of shares offered by traders to establish tax losses, the Dow-Jones Industrial Average rose 3.91 points. Thereafter, with the selling pressure off, the index bounded another 8.87 points in the first two trading days of 1958, ended at 444.56, well above the low of 419.79 set two months...
...upturn was in the face of discouraging news. Freight carloadings for the Christmas week were down to 410,022, the lowest for that week since 1932. New applications for unemployment compensation for the week ending Dec. 28 rose to 550,995, the highest in any week since unemployment insurance began in 1938. The Commerce Department disclosed that manufacturers' sales (seasonally adjusted) dropped 2% in November. And for the second month in a row. manufacturers continued to liquidate inventories, by an amount greater than in any other month since the 1954 recession...