Word: steepest
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Dates: during 1950-1959
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Auto sales gave a concrete demonstration of the changing consumer attitude. Sales for the middle ten days of November took their steepest climb of the year to an average of 16,200 a day, about equal to November 1957. Since dealers so far have been handicapped by shortages, automen regard this as the first real test of the auto market, the biggest question mark in the 1959 economy. The Chase Manhattan Bank predicted sales of 5,500,000 to 6,500,000 cars. "Six million or more," it said, "would support a vigorous expansion of the entire economy...
...been a barrier three times before, climbed to an alltime record high of 526.57 before settling back to 526.43. What gave the market its record-breaking push was the same combination of improving business news, institutional buying and fear of inflation that has sent it on one of the steepest climbs in history...
Like sleet out of a grey winter sky, gloomy economic reports pelted out of Washington. The December industrial-production index drooped 7% below the level of December 1956. Personal income fell off in the steepest monthly drop since the alltime peak of last August. Year-end unemployment edged up 200,000 to 3.4 million to make it 5.2% of the labor force, the highest December rate since the recession year...
Values melted in the steepest one-day break since Oct. 10, 1955--which was the second "Blue Monday" following President Eisenhower's heart attack...
...Death. A search party clawed and hacked its way up the steepest side of Popo, found the injured youth and girl in the lean-to where the young climber had left them; they were carried back to safety. Following the course of the avalanche, the party came to a deep crevasse and spotted in it with searchlights a climber's torn coat. Near by, the rescuers found the first body, that of a college football star, Humberto Areizaga. As they dug deeper they were horrified to hear muffled voices beneath them. Leonor Colin, a 21-year-old student...