Word: dipped
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Dates: during 1950-1959
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Tucked into a dip in the plateau to avoid challenging the famed outline of the Parthenon, Athens' Acropolis Museum is an inconspicuous but memorable shrine to the great moment when European art was born. In little more than a century, Greek sculpture passed from the archaic, which was mainly imported, to the classical and home grown. The austere Greek figures of the 6th century B.C. gave way to the playful and nearly human marbles of the 5th century. This moment of new birth, perhaps the most important in art history, is newly documented as the Acropolis Museum celebrates...
...scheduled a rise of 25%, Ford 21%. Not until dealers have all the cars they want, sometime in January, will automakers know whether the present spurt is temporary or the signal of a good year ahead. Only then will the industry know whether auto sales can avoid the sharp dip of last January, when the auto recession really...
...Computer Research Corp. of Hawthorne, Calif. (TIME, Oct. 6, 1952). Since then it has moved fast, boosted its research and development bill from $2,600,000 (1.1% of sales) to $14 million (3.6% of sales). This year's heavy research outlay is the chief reason why earnings will dip from last year's $18 million to about $15 million, on expected sales of some $400 million...
Just as sharply as it had fallen, the market rebounded at midweek, gained back about 50% of its losses for the week. Steel, which had suffered heavy losses in the dip, sprang back at more bullish estimates of steel production in the weeks ahead. Better October earnings for railroads snapped back railroad stocks. Pennsylvania reported $4,026,319 in October earnings, highest for any month this year and more than twice last October's earnings; New York Central had its best month since December 1956, with earnings of $4,674,110. At week's end the market...
...week's sharp dip highlighted one of the bull market's chief problems, a shortening supply of stocks. This has made the market so thin that prices move widely up and down on comparatively small sales. To many a market specialist, much of the blame for the thin markets can be laid on the capital gains...