Word: pickup
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Copper producers also think that their customers, who have been liquidating inventories ever since September 1956, may be getting down to empty warehouses. Anaconda Copper Chairman Roy H. Glover reports that inventories are down to the point where any substantial reversal in business trends will mean a sharp pickup for the industry. Says Glover, who notes that all customers now demand immediate delivery: "Many of our very important customers now freely say that their inventories are on the tailgates of our trucks...
...chose to tread cautiously,"lest it relax credit too much. The cut in reserves puts the banks in about the same position as they were at the bottom of the 1953-54 recession when FRB also cut reserves to ease credit. The result was a sharp pickup in business. If last week's cut does not spur business, FRB was in a mood to cut some more. But despite spreading unemployment it still planned to move slowly. Warned Martin: "We must recognize that excessive stimulus during a recession can sow seeds of inflation that can jeopardize our long...
...three, four minutes passed. In the Pentagon, Wilber Brucker, sometime governor of Michigan, cracked lamely: "This is like waiting for precinct returns .to come in." Von Braun and Pickering sat down and scribbled some figures. At zero plus in minutes, three California stations reported the pickup. Pickering said: "I want four stations. These are all Army stations, and they may be over enthusiastic." The fourth followed: a Navy tracking station checked in with the confirming news. Announced Pickering: "It's in orbit." Brucker beamed; Von Braun smiled. The Explorer was late, he concluded, because it had shot farther...
Police flashed a pickup for Chuck and Caril, and for Starkweather's prize possession, a souped-up 1949 Ford. The message went out too late. Four hours earlier the couple, in blue jeans and jackets, drove into a service station on Highway 77, bought 45? worth of gas, a box of .410 shotgun shells and two boxes of .225. They sped on toward the farming hamlet of Bennet (pop. 350), 16 miles southeast of Lincoln. Starkweather needed a hideout, knew that two miles outside Bennet nestled the neat white farmhouse of 70-year-old August Meyer, an old family...
Near the Beacon Bar, Welsh carried a mike and "plenty of cable," barricaded himself behind a pickup truck just 20 ft. from the Beacon's back door. Said he: "Inside I could see one of the bandits with a woman hostage. A cameraman came up the same alley with me and peeked at the action from behind a fender, giving us a dual advantage." Camera and mike captured some exciting scenes: a cop firing a tear-gas gun at a revolver-armed bandit; globs of gas routing the drunk desperadoes; a bandit's meek surrender; the collapse...