Word: upturning
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...This upturn in the amount of contributions to PBH is the culmination of a situation which began in 1947, when the House agreed to forego its own highly-successful find-raising campaign, and join the Combined Charities Appeal. Since 1947, the amount of donations to PBH dropped from a high of $5000 to its low last year. Since it had fairly-well depleted the $10,000 savings which it had accumulated during and after the war and was now more dependent upon the donations from the Combined Charities, it was decided to stress the choice of PBH as recipient...
...boom headed for a sharp upturn or a slide? For months the question has split official Washington. One faction, which includes President Eisenhower's Council of Economic Advisers, worried that business was slowing down, kept a wary eye on such soft spots as autos and farm prices. But the Federal Reserve Board leaned in the opposite direction, convinced that the boom was still picking up speed so fast that it might get out of hand. Last week the Federal Reserve governors decided it was time to put more checks on credit and industrial expansion. With a flourish...
...land, U.S. business slides into a slump. But in prosperous 1955, with Americans earning bigger wages, going more places, buying more goods, spending more money than ever before, the season's usual slump never came. As U.S. businessmen quickened their pace last week for September's bracing upturn, all signs pointed to the best autumn ever...
...flood of 1954 earnings reports poured in last week, there was no doubt about the sharp upturn in profits in last year's final quarter. General Electric Co. boosted its fourth-quarter net to $72 million, 46% over the comparable period of 1953 and 53% above 1954's third quarter. Despite a 5% decline in sales for the year, G.E. racked up a net of $213 million, up 28% from 1953, for the highest profits in G.E. history. President Ralph J. Cordiner predicted that this year will be even more prosperous...
...upturn which began last fall was duly reflected in the first crop of fourth-quarter earnings reports. American Telephone & Telegraph Co. reported a fourth-quarter net of $125,840,000, up $4,880,000 from third-quarter profits. For all of 1954 A.T. & T. showed a net of $480 million, a fat 12% above 1953's profits...