Word: downwards
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From 181.54, the Dow-Jones industrial average slid steadily downward until by June it hit 161.60, the lowest point since 1945. In the rush to cash in on the slump, the short interest soared to the highest point since 1932. Only the most optimistic eye could find a bull anywhere in Wall Street. Then, perversely, the market started up. Scoffed the experts: a mere "technical rebound." But it was far more than that. Through the coal and steel strikes, it kept right on rebounding. By year's end, a 40-point rise had chased the bear...
...when the geologists examined rocks from Maryland more than 350 million years old, they found that their magnetism pointed in an entirely different direction. The south-seeking ends of the magnetic particles were pointing downward as the needles of "dip circle" compasses do in the southern hemisphere. The ancient Maryland rocks acted magnetically as if they had been formed nearer to the southern magnetic pole (in Antarctica) than to the northern one (in Canada...
...Wheel (United Artists) is a racing-car movie, and its cyclonic energy and pace are likely to leave audiences with dust in their eyes. As a chesty, first-year driver, Mickey Rooney burns up the racing circuit from Culver City to Indianapolis. Gripping the steering wheel with a fearful, downward thrust as though trying to keep the car on the ground, he never drives a dull race. He always wins, crashes, hurtles the wall, or narrowly misses burning to death. The movie falls short of the 1932 speedway saga called The Crowd Roars. But obstreperous acting, grease-textured photography...
Like every other college and university, Harvard and Radcliffe are having their troubles in the economic downdrift. Neither is feeling as bard a pinch as many a U.S. school, but each is facing the same worries. Gifts, invested endowment, and, in some cases, tuition incomes are sliding downward, but wages, salaries, and equipment costs are still clinging to inflation-high levels. In other words, the "cost of education" is too high for an increasingly large segment of America's educational institutions...
Founding his estimates, in part, on the report of the President's Commission on Higher Education, Harris foresees a downward shift of college graduates' occupational expectancies as the only cure...