Word: slumping
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Dates: during 1950-1959
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Even Railroads. The railroads, deep in a slump a year ago, made a strong comeback. The first 35 railroads to report had combined earnings that were 77% ahead of last year's first quarter. The New York Central's Board Chairman Robert R. Young announced that in the first quarter, President Alfred Perlman turned in earnings of $11,813,010, compared with a deficit of $473,788 a year ago. Then Young announced a "regular" dividend of 50? a share, the same amount the road paid in January. Other less embattled railroads showed equally good profits. The Santa...
...slash in the purchase tax on household textiles, other than wool, from 50% to 25%. This would help the Lancashire textile industry, which is in the midst of a serious slump (TIME, April...
Varsity coach Norm Sheppard plans to start the same men and keep the identical batting order which proved successful against West Point and Columbia in New York last week-end. Don Butters, who slammed two home runs against Columbia to break his hitting slump, will remain fifth in the Crimson order...
Hoffman broke the spell in the fifth with the varsity's first hit. Simourian followed with a walk, but Don Butters, remaining in a springlong slump, flied out to end the threat...
...after a six-month decline which dropped prices in December to the lowest point since 1941. Producers have sold off a large percentage of their flocks and in January hatched 21% fewer chicks than a year ago. By July, egg production will be down considerably below the normal seasonal slump and prices will jump...