Word: rosing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Paralytic polio rose ominously in August, announced the U.S. Public Health Service. Each week's total cases considerably topped those in the comparable weeks last year. In the week ending Aug. 23 there were 144 cases (43 in Michigan, mainly in Detroit), against 96 for the same week of 1957. In the week ending Aug. 30 the total fell only slightly to 126 cases, against 76 last year. Warned Surgeon General Leroy E. Burney: "The tragic fact is that many of the cases could have been prevented. Salk vaccine gives 70% to 90% protection against polio, but about...
Industry is encouraged to spend more because sales and new orders are on the rise. Washington reported that from May to July, manufacturers' sales rose $1.1 billion, to $26.3 billion. New orders to manufacturers also climbed $1.3 billion to $26.3 billion. Meantime, the rate of inventory liquidation slowed considerably, a sign that the day is near when manufacturers and retailers will stop living off the shelf, start replenishing stocks with fresh orders. The book value of manufacturers' inventories dipped $400 million in July, far less than the $700 million drop in June. The figure was down...
...Rail carloadings, while still 13% off the year-ago pace, rose to the year's high in August's last week, showed every sign of continuing up in weeks ahead...
...finance. In 1952 Marcus bought into the debt-ridden U.S. Hoffman Machinery Corp., a money-losing pressing-and-dry-cleaning-machine company. After he gained control, Marcus announced grandiose plans to buy up profitable subsidiaries to create a holding company. With plenty of favorable publicity, the company shares rose to $22 a share before the bubble burst and sent the price down...
...tighten credit (see State of Business), more and more Wall Streeters wondered whether the FRB can control a new inflationary upsurge as well as it did during the 1955-57 boom. How widespread these doubts are was reflected in the stock market, where stock prices during the week rose to a new high for the year. Wall Street was highly skeptical about the power of the FRB because, in trying to control the new inflation it fears, the FRB is up against a big problem it did not have before. The FRB will have to keep credit easy enough...