Word: steels
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Dates: during 1970-1979
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...celebrate the Bicentennial, Michael O'Leary, president of Philadelphia Resident Astrologers Inc., decided to have various seers, psychics and stargazers of his acquaintance predict the nation's next 100 years. The prophecies were sealed in a 3½-ft. steel cylinder and buried 25 ft. beneath Chestnut Street...
Eastern European officials too are getting concerned about their deepening debt and have started programs to cut imports and increase exports. Inevitably, that will require some belt tightening as resources are shifted away from the consumer sector. Already, imports of various Western goods, ranging from Scotch to steel, are being reduced...
There were only fitful flights of mischief (Baio and Cassisi broke a fire-alarm box that had steel emergency doors slamming shut all over their hotel). The kids responded to Parker as if he were a benevolent older brother but stood just a little in awe of Jodie Foster. At 13, and after ten full-fledged roles in features as diverse as Tom Sawyer and Taxi Driver, Foster (TIME, Feb. 23) was the savviest pro around and regarded herself as such. "I never think of myself as a child actress," Foster says. "Only as an actress...
...liberal and conservative economists for this stage in the recovery. "It just doesn't get your blood pressure up," says Washington University's Murray Weidenbaum, a member of TIME Board of Economists. Higher wholesale prices, in fact, often point to renewed industrial demand for key materials. U.S. Steel spokesmen say that the company's decision earlier this month to raise the price of sheet and strip products by 4.5% indicated, in part, its faith that steel users were prospering and could afford a higher price...
...steel companies, which weathered the slump better than firms in most other industries, have fared unevenly during the recovery: the industry leader, U.S. Steel, registered a 7% earnings dip compared with the same period last year, partly because of lagging capital goods demand. Among the few industries reporting an outright earnings slump, the most notable was banking; many institutions suffered heavy loan losses in the real estate industry, which was badly battered by the recession. Most banks are now showing strong signs of recovery, and their earnings are generally expected to improve in the months ahead...