Word: upturn
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Dates: during 1950-1959
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...Railroads shared in the upturn. New York Central's six-month earnings were $16,694,394 v. $1,810,277 a year ago. The Pennsylvania Railroad more than tripled its net income, from $5,740,457 in the first half of 1952 to $19,100,362 this year. In the same period, the Santa Fe's net rose from $30,382,533 to $38,118,191, and the Baltimore & Ohio reported its earnings up from...
...spring, there is usually an upsurge in business. But last week, after two months of softening prices and sliding retail sales, businessmen were still waiting for the upturn. The whole economy seemed poised on such hairspring scales that businessmen took courage, or fright, from every vagrant sign. The stock market was a perfect example...