Word: strike
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Dates: during 1950-1959
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...sore shoulder that restricted him for five weeks to little more than pitching batting practice and lifting the arm of his hi-fi set (he likes Liszt, Rachmaninoff, Tchaikovsky). Overall, he has a record of only 8-4. But with Koufax now at his blinding best (31 strike-outs -in his last two games) and crossfiring Don Drysdale leading the league in strikeouts (207), the second-place Dodgers have the fastest staff in the majors as they settle down for the September stretch fight with the Giants. To prove the point. Dodger pitchers last week breezed past the major-league...
Uncertainty over settlement of the steel strike and tightening money last week alarmed many an investor, and the stock market suffered a sharp selloff. The Dow Jones industrial average dropped 9.90 points to 645.90, lowest since June 29. then rallied at week's end to close...
Although there have been few deeply noticeable effects of the steel strike thus far. signs of its impact on the economy are now beginning to appear. The Commerce Department reported that in July, manufacturers' shipments and new orders declined. Total adjusted manufacturing sales in July dropped to $30.8 billion, a decline of $400 million from June...
Manufacturers' inventories also reflected the steel strike. Although rising $100 million to $52.2 billion in July, the inventory increases were well below the $400 to $500 million monthly increases earlier this year. August inventory figures are expected to show a sharp decline because of the strike...
From the Commerce Department came a report calculated to throw a chill into both steel labor and steel management. During July, steel imports-which were pushing toward new highs even before the strike began-soared to a monthly record of 430,000 tons. The new imports brought the seven-month intake to 2.3 million tons, almost the equivalent of the output of a steel mill the size of Republic's 9,500-man Cleveland plant; foreign steel mills in 1959 had already sold U.S. customers more steel than in any full year in history. Republic Steel's Chairman...