Word: spate
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Dates: during 1950-1959
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...flock of year-end dividends and a spate of extras were declared last week. Amerada Petroleum Corp. declared an extra $1. New York Central upped its dividend 50?, and Polaroid Corp. gave stockholders one new share for every two shares held. Despite the good news, the dreary market slipped, under heavy selling of the tobacco stocks. In one day, the three biggest tobacco stocks fell more than three points each as investors took note of 1) published reports linking cigarette-smoking with lung cancer and 2) a slip in tobacco sales over the past few months. By week...
...Race. "Under the spate of awe-inspiring vocables, the layman naturally felt that he too must dignify his doings and not be left behind in the race for prestige. Common acts must suggest a technical process. Thus we get 'contact' and 'funnel' as workaday verbs-and 'process' itself: 'we'll process your application' -as if it were necessary to name the steps or choices of daily life with scientific generality . . . The power of words over nature, which has played such a role in human history, is now an exploded belief...
Actually, a spate of recession predictions has been a recurring phenomenon of the great boom. Time and again, economists have predicted that business would turn downward, usually in "about six months." But as the "six months" stretched into years with no drop, economists became more cautious. They now predict a decline in such indefinite terms that they can't be wrong. Only the future will determine whether the U.S. is now undergoing a "rolling readjustment" or "recession," or merely passing once again through a period of "Whatchamacallit," i.e., a troubled economic period which gives rise to all manner...
Cocaine & Catharsis. Martha put up with all this because she knew that Sigi was madly in love with her, and that he was one of those men who cannot express their love until they have first released a spate of anger and mistrust. She also knew that he was an ambitious man fighting desperately against poverty and putting aside every penny to be able to marry her. His high-strung state at this time is shown by a clinical anecdote. Expecting a visit from Martha, Freud found that when he laid his stethoscope on a patient's heart...
...industrial average was still 58 points above the 1946 peak of World War II's bull market. And there were signs, as prices firmed up at week's end, that the worst of the shakeout might be over. The biggest encouragement was the spate of rosy first-quarter earnings reports (see below...