Word: trends
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Dates: during 1950-1959
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Scoring more as a boxer's point than a slugger's blow, Medicine Show adds to Levine's steady advance as an artist who bucks the current abstract trend. By moving his subject matter outdoors and placing it under a blue sky, he has tackled a multitude of problems concealed in the murk of his previous nightclubs, restaurants and courtroom scenes. Like Levine's other major works. Medicine Show almost certainly will end up as a prize museum catch. Probable price: over...
...have to be pulled into them. Reason: skintight sweater-a nd sheath-like suits will dominate the 1957 lines. As the first fall showings got under way in New York last week, it was plain that bathing-suit manufacturers had taken their style cues largely from Broadway: a trend to the My Fair Lady look, with Empire bosoms, the half-shell bra, wide shoulder straps, Gay-Nineties stripes, and knee-length pants that can be rolled up for swimming...
...news at home rather than bad news from abroad, the Dow-Jones industrials jumped 5.62 points in the first trading session after Labor Day, one of the biggest gains in months. Wall Streeters took the upswing as a bright omen: the market after Labor Day has often forecast the trend for months to come; e.g., the wartime bull market ended in the week after Labor Day in 1946, the Eisenhower bull market started in late September 1953. The average closed the week at 506.76 v. 502.04 the week before...
SHIPPING COSTS are zooming because of Middle East crisis. Rates for dry cargo and oil are up as much as 200% in past year (to record $19.62 per ton for oil from Persian Gulf to United Kingdom). Ship prices are also following trend, with standard T-2 tankers currently pegged at $3 million v. $2.2 million as late as last April. 1957 PACKARD will be produced despite reports that Studebaker-Packard and Rescuer Curtiss-Wright would drop next year's model. In January, company will start turning out either face-lifted 1956 model or redesigned and upgraded Studebaker bearing...
...grades and weights slaughtered in Chicago last week brought a top price of $26.27 compared to $22.50 in the same week a year ago. The prices are up because lower production and premature marketing have resulted in a short supply of beef. Stockyard experts predict that the price trend will continue upward into November...