Word: pickup
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...Last week the Navy demonstrated the early results of Lieut. Commander Draim's idea. A group of Navy hands took a pickup truck to a lagoon at Point Mugu and unloaded a crude wooden missile about 6-ft. long. Navy frogmen put it on a rubber raft, paddled 200 ft. from shore and dumped the model overboard. It floated upright with the point of its nose in sight...
...item of darkening news was the March rate of industrial production. It dropped a point on the 1947-49 index to 165, and a point on the Federal Reserve Board's new index, from 110 to 109. But against this could be set another indicator suggesting a pickup in business. Reversing a downward spiral that started in early March, the average interest rate on the Treasury's issue of $1.1 billion in 91-day bills jumped by nearly a point to 3.622%, indicating that money is once again tightening up as business rolls forward...
...Capitol, mono and stereo). Both Composers Bartok and Martin anticipated the dreams of the stereo engineers by calling for strings divided in equal groups on either side of the conductor. The resulting spread of sound is interesting, but less so than Stokowski's fine performance. Even with a pickup orchestra, his Bartok glows with tonal colors as weird and arresting as an electrical storm, and his vigorous reading of Martin has a fine shimmer and glow...
Checking the Flow. The big reasons for the U.S.'s bigger trade balance are: 1) a reduction in steel imports following the end of the strike, 2) a slowdown in foreign auto imports, and 3) a pickup in exports of autos, trucks, machinery, aluminum, raw cotton and other commodities. The growing success of the campaign to export more was reflected by a big drop in the outflow of gold from the U.S. in the first quarter. In the first quarter last year, the U.S. lost $92 million in gold. Last week the Treasury reported that in the first quarter...
...Manufacturers' new orders in February showed a 3% pickup to $30.5 billion. But they still lagged behind sales of $31.6 billion, up $500 million from January...