Word: slumps
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Dates: during 1950-1959
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...depths of a batting slump, the New York Yankees' hefty Rightfielder Hank Bauer was accused of almost knocking the cover off a well-stuffed (close to 200 Ibs.) Manhattan delicatessen owner. The victim was laid up with a cracked nose, broken jaw and slight concussion. The victim's brother, foggily shifting the locale of the brawl among various dingy recesses of Manhattan's brassy Copacabana nightclub, asserted that Bauer, known to his pals as "The Bruiser," did it. As far as Bauer would allow, it must have been two other guys. The victim, unsure about his slugger...
Supply & Demand. While Congress acted to make more mortgage money available, builders and bankers argued whether the housing slowdown is primarily due to tight money or to a more basic slump in housing demand itself. Speaking to bankers in Buffalo last week, President George S. Goodyear of the National Association of Home Builders declared that it was largely due to tight money. Countered Manhattan Life Insurance President Thomas E. Lovejoy Jr.: "The supply and demand for housing has more to do with the drop in starts than high interest rates. Since 1948, we have been building so many houses that...
Vice President Nguyen Ngoc Tho insisted: "This is an internal affair." Saigon's lively, neon-lighted Chinese city of Cholon was plunged into deep gloom. Grocers closed their doors, sat in front of their shops reading newspapers. Depressed by the slump in business, the queen of Cholon's call girls took an overdose of sleeping pills as the shortest route to the shades of her ancestors, was escorted to her grave in a red teak coffin by a weeping procession of old customers...
...Editor Campbell and others much of the trouble is a matter of semantics, a use of terms that often make a drop seem worse than it is. To answer talk about a steel "slump," U.S. Steel and Republic Steel distributed thousands of copies of speeches by executives pointing out that the slowdown was minor and that the industry still expected a good year. Even the facts about layoffs and shutdowns rarely tell the whole story. Says Cleveland Trust Co. Economist David C. Elliot: "You read about 200 layoffs here, 500 there, a shutdown elsewhere. They're confined...
...last pre-strike year, 1953, Kohler paid $390,509 to Wisconsin, Pomfret reported. This dropped drastically to $124,144 in 1954, when the strike closed the Kohler plant for two months, but bounded back in 1955 to $455,261. Last year, paralleling the start of the boycott and the slump in housing starts, the figure settled to $336,856. Kohler's competitors said last week that the company is holding fast to its traditional No. 2 spot in the plumbing-ware industry, just behind the American Radiator & Standard Sanitary Corp. Admitted one competitor: "Kohler...