Word: downwards
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...annular lens (as sometimes used on submarine periscopes), which presents a doughnut-shaped picture to the eye (or camera) covering 360° around the horizon, and practically to the zenith. This picture, projected back through the same type of lens, would recreate the original scene; the camera could project downward from the center of the theater, and could include two such lenses in a polarized system on a common axis for 3-D; also the vibrating-prism system of Citizen Kane for all-in-focus effect . . . A few problems remain (beside the presently unsolved nicker effects, etc., emphasized...
...decline in commodity prices was more significant than the ups & downs of the stock market, since it is the prices of raw materials that, in the long run determine many retail prices. And even hough some retail prices are still rising the worldwide price trend, forecast by commodities is downward. Many of the commodities, like wool and rubber, which had the biggest rise right after the Korean war, have had the sharpest fall since. The Government's index of all commodities (2,000 separate items) is not far above its pre-Korea level, but some key commodities (e.g., fats...
...many strategic materials, another downward pressure is the fact that the U S has already bought 78% of its scheduled $7.5 billion of stockpiles. Some metals -cobalt, chrome and nickel-are still critically scarce, and still high. But the supply of copper is now improving to the point where it looks as if the world price of 36?, which is 4? a lb. higher than the U.S. price, is more likely to drop to meet the U.S. price than vice versa...
Widening Gap. Instead of relieving the downward trend of Israel's inflated economy, last year's devaluation intensified it. Devaluation cut the value of the currency enough so that domestic prices rose sharply, but not enough to give Israeli products a competitive chance in foreign markets. Result: instead of the hoped-for export boom, the import-export gap widened in 1952 from a dangerous 7 to 1 to a disastrous...
...home, the Administration moved with swift precision to reverse the political and economic philosophies of 20 years. Budget Director Joseph Dodge put a lid on new hiring and set each major department to work on a downward revision of costs-with a deadline of March 2 for action. And Eisenhower himself began the job of cutting away controls from the U.S. economy, confident that in a free economy the U.S. would find the source of more vigor, strength and energy for the cold...