Word: upturns
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...rate the Treasury will have to pay to finance new debts. For the first time since they were issued, the Government's new 3¼% 30-year bonds soared past 102, and 2½% Victory Loan bonds went up to 93 30/32, their best price since April. The upturn in the short-term money market was even sharper...
...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...
Unfortunately, the war and its aftermath have not brought in their wake any sudden upturn in business ethics. And while most local tradesmen treat students fairly, there are always a few on the periphery of the Square business world who are governed by the famous motto of P. T. Barnum. The recent rash of threatened suits against a local furniture dealer is evidence of this condition...
...Variety reported that a mid-October slump put U.S. cinemansion receipts off about 7% from last year, interrupting the gradual upturn evident since last spring...