Word: pickup
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From Washington, Wall Street and the nation's major industries came a surprisingly unanimous report last week: the pickup is moving much faster than expected. The recovery led to the coining of a new phrase to characterize the recession-the V recession-a sharp drop followed by sharp recovery (see chart...
...road to recovery by itself. Though copper stocks of 242,781 tons are still high, No. 1 producer Kennecott Copper Corp. brought its U.S. miners back to a six-day week, announced it was boosting production 15% due to "strong European demand" and the promise of a general pickup at home...
...average, up from 133% in June. At the new level sales are only four points below the alltime record set a year ago this month. ¶ Steel production was scheduled to rise for the sixth consecutive week to 61.4% of capacity, reflecting an earlier-than-expected fall pickup in orders...
Curtain Up. Day before the Brussels opening, Music Director Samuel Krachmalnick set about rehearsing a pickup orchestra of phlegmatic Flemings. A Brussels milliner, working from a photograph, in six hours ran up helmets for The Combat. At the scheduled time, in the U.S. Pavilion theater, the curtain rose on the Ballet Theatre. The first work on the bill was Theme and Variations, but variations predominated: girls in Sylphides tutus and men in tights, which had just arrived from New York, leaped and twirled against a backdrop from Gala Performance...
Nothing would damage chances of a fast second-half pickup more than an auto strike. But much as they wish to avoid a strike, the companies are faced with one hard economic fact: a steep wage boost would also mean a steep boost in 1959 car prices-and kill off hope of selling any more cars than...