Word: adjuster
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...price order is intended to adjust certain artificial prices after last August's partial devaluation of the franc. The new policy is being called "Operation Truth...
Easy-money Patman prodded FRB Chairman William McChesney Martin Jr.: "I'm sure you will follow through on an easy-money policy." But Martin, as carefully noncommittal as ever, answered: "We are going to look at business conditions at all times and adjust in a way we consider most satisfactory for the economy." FRB's reduction from 3½% to 3% in the rediscount rate, said Martin, was merely a "signal that we saw some change in the business situation. But this doesn't mean that inflation won't occur, or that deflation is the order...
Studio One: Less a play than a mood piece, The Bend in the Road nonetheless offered some good acting and a grown-up theme: how an elderly minister and his wife adjust to the prospect of sitting out the rest of their lives. Onetime Glamour Boy Franchot Tone, 51, donned whiskers and did his husky-voiced best to play a spry octogenarian fighting the years. Cathleen Nesbitt was fine as his gentle wife. But Playwright John Vlahos never crystallized in a dramatic moment just why the minister surrendered to a tranquil life and moved off to a home...
...isotope measuring equipment (1956 sales: $5,000,000), developed a foolproof method. As the tire cord goes through the rubberizing machine, it passes between a capsule of strontium 90 and a radiation counter. If the thickness varies, the detector's reading changes, automatically sets off machinery to adjust the rubber flow. Today all the major rubber companies use these "AccuRay" gauges at a saving of $20 million annually. With similar apparatus rolling mills can control the thickness of steel, and the manufacturers of aluminum, paper, plastics, glass, cigarettes use isotope gauges to police the quality, thickness and density...
...stripped-down Studebaker Scotsman ($1,796) to the handsome, expensive (up to $12,000) Mercedes-Benz line that it distributes in the U.S., the cars show few mechanical or style changes. Most models are about 2 in. lower, offer a "luxury-level ride" incorporating variable coil springs that automatically adjust to road conditions. One new car: a Packard "Hawk" sports car to match Studeba-ker's Hawk series, with...