Word: slumping
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Dates: during 1950-1959
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Candybox-Cover Girls. The Weekly's advertising was ebbing and its circulation (still a giant 9,966,689) had dipped under that of its chief competitor, This Week. To pull it out of the slump, Publisher Hearst called in a magazine specialist, Ernest V. Heyn, 47, who founded and edited Modern Screen for Dell publications, started Sport for Macfadden. Some drastic changes showed up in last week's issue of the Weekly. Heyn got rid of the Weekly's old-fashioned clothes by dumping the wispy, candybox-cover girls. A new editorial diet replaced the oldtime brew...
...high as $2.30. In an attempt to keep up with soaring raw-wool prices, U.S. manufacturers priced their carpets right out of the market. As sales dropped and inventories piled up, three big price cuts in carpets failed to pull the industry out of its worst slump in years; production was headed for a 20% fall. Last week Bigelow-Sanford, biggest U.S. carpetmaker, took a major step to free itself from wool...
...television. The liquor stores reported the expected slump, less severe than some expected, but neverthless, still far below earlier weekends...
...last summer North Dighton began to stir restlessly. The company, hard hit by the textile slump, abolished its bonus plan and revised vacation pay schedules to cut costs. Workers began to grumble and sign up with the C.I.O. Textile Workers Union. When Milliken fired 191 employees, the plant struck, and the strikers fought with those who refused to walk out. During the 54 days of trouble, fearful company executives and other townspeople took out pistol permits. In one attempt to bring peace, President Milliken called the strikers to the front lawn of his ten-acre estate, urged them...
...Admiral Corp.. now recovering from the deep slump in TV7 sales, reported profits down 75% to $1,300,000-without providing for the new tax. ¶ Packard, benefiting from a 35% rise in sales, pulled up from a $1,400,000 loss to a $4,900,000 nine-month net. CJ The Texas Co. netted $45.5 million v. $40.6 million in the 1950 period. ¶ Standard OilCo. (N.J.), reporting for the first nine months, netted $403 million, up 47% from 1950 for a new record...