Word: upturn
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Dates: during 1960-1969
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...misgivings. After the bitterness of the West Virginia primary, in which Kennedy knocked Humphrey out of the presidential race, it seemed unlikely that they could ever join up as running mates, but they were soon paying each other peacemaking compliments. Last week the betting on Humphrey took a sharp upturn when, at Kennedy's urging, Franklin D. Roosevelt Jr. publicly apologized to Humphrey for "unnecessary and unwarranted statements" he had made while campaigning for Kennedy in West Virginia-innuendoes that Humphrey had dodged military service in World War II (physical disabilities kept him out of service). But Hubert Humphrey...
...most disappointing characteristic of the economy was the lack of a strong spring housing upturn. But such weak spots have failed to check the slow general expansion of the economy. Commented Dr. Marcus Nadler, consulting economist of the Hanover Bank of Manhattan...
Autos continued to sell well (see Autos). Housing starts in March showed up better than expected. Said U.S. Housing Administrator Norman Mason: "This indicates that the upturn in housing has begun. Despite the severe weather which made March one of the worst building months in a long time, home building has increased to a normal rate." The estimate is still for 1,115,000 starts in 1960-by no means a record, but not bad. Department store sales for the second week in April set an Easter season record. They rose 18% over the same week...
Though Detroit is confused, it still expects the spring upturn that appeared last year after an absence of three years. Said the Morgan Guaranty Trust Co.: "The disappointment in January may mean a somewhat slower pace of assemblies for the first quarter than had previously been planned. But it does not mean that the automobile market has suddenly turned soft. It is still better than it was in December, and better than it was a year...
After that, Greenleaf increased its population to 12,000 laying hens and 10,000 breeders, ordered a new hatchery put up near the old warehouse, built a cleaning, grading and packing plant outside Beirut. Greenleaf also sparked an upturn in sales of chickens, once deemed strictly a rich man's dish, and Beirut housewives now buy 40,000 a week. Another result: 32 chicken rotisserie stores have opened in Beirut since 1958, and 64 more await licenses. Greenleaf also sells chicks to local farmers who want to learn how to raise quality egg-layers or well-fattened roosters...