Word: sluggishness
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Dates: during 1940-1949
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...buying wave could stop this decline, give the bulls something to snort about. But new buying depends on inventories waiting to be consumed. National Industrial Conference Board summary of 500 leading companies shows a 13% increase in value of inventories since Labor Day. Last week the ordinarily sluggish Bureau of Labor Statistics' price index (which jumped at the outset of the war boom) dropped from 79.1 to 78.8. This was evidence of the pressure of surpluses, suggested that inventories have become a problem...
With the epee team looking particularly sluggish, the Varsity fencers chalked up an unimpressive 15 1/2 - 11 1/2 win over Brown in their opener Saturday, while the Yardlings took the Bruin freshmen...
...Handsome, uncauliflowered Billy Conn, light heavyweight champion of the world: the Edward J. Neil Memorial Plaque of the New York Boxing Writers' Association, for his "outstanding contribution to boxing in 1939." Outstanding contribution last week: his remark to sluggish Heavyweight Henry Cooper (his onetime gym mate) while beating him in Manhattan: "Hey, Henry, we're stinkin' the joint...