Word: upswinging
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What encouraged steelmen most was the fact that demand from other industries was still growing. Railroad carbuilding was picking up, with a corresponding upswing in orders for steel bars and plate. The booming construction industry was putting the pressure on producers of galvanized sheets, while appliance makers, striving to furnish...
Nor is any peak in sight. Despite the upswing in uranium strikes (TIME. Jan. 31), AEC needs still more ore, estimates that most known deposits will be exhausted by 1962. Said Johnson: "A high rate of discovery will be required to maintain scheduled production levels." Although at least twelve ore...
The report, made by Dean Bender to Dean Bundy, further issues figures to challenge President Pusey's recent message to the Overseers that the interest in the humanities is declining. On the basis of polls taken among the Class of 1958 at the time of admissions, Bender notes a decided...
Next morning the encouraged bulls went on the rampage. The market went up almost as fast as it had declined, made up 40% of the preceding day's losses. Amid continuing reports of good business, good dividends and good earnings, prices jumped all through the list. The most spectacular...
Elsewhere in the economy, signs of the upswing multiplied. Rayon-staple mills were stepping up production to capacity, and rayon yarn prices were on the rise. Hardware sales were picking up, and the building boom showed no signs of slackening. House-building contracts in the 37 states east of the...