Word: pickup
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...usual, Wall Street, which has overlooked the decline in business, also ignored the pickup. The stock market suffered its sharpest break in four years. Many of the blue chips that had led the long advance tumbled, e.g., Du Pont dropped 4⅛ points. The Dow-Jones industrial average was chopped down 6.59 points to 321, slipped further the next day. By week's end, however, the market had stabilized. Most traders viewed the break, not as an omen of disaster, but as a much-needed "technical" reaction to the market's almost uninterrupted advance of 25% since last...
Stevens: On the question of the pickup, I can probably do a better job on that than [Dulles] could...
AUTO SALES have dipped sharply in May despite predictions of a warm-weather pickup, but production still shows no signs of slowing down. New-car sales for the first ten days totaled only 140,000 units, down 11% from April and 20% below 1953. Dealer stocks of unsold new cars have now reached 660,000 units, almost 50% higher than a year...
Canada's industrial production hit its peak last June, and by January the index was down slightly more than 10%. Last week there were signs of a pickup in the Canadian economy just as in the U.S. In Mexico, some 70% of whose foreign trade is with the U.S., a slump began in textiles, oil and other industries before the U.S. downturn. On top of that, President Ruiz Cortines cut back federal spending sharply. Recently, however, the government 1) began to spend for public works to check the business decline, and 2) devalued the peso to help boost exports...
Died. Rear Admiral (ret.) Herbert Victor Wiley, 62, veteran of the U.S. Navy's ill-starred $100 million dirigible program of the '205 and '305; in Pasadena, Calif. As skipper of the airship Los Angeles, "Doc" Wiley directed the first release and pickup by a dirigible of an airplane in flight (1929). Transferred to the new $5,000,000 Akron, he was one of three survivors when she crashed off the New Jersey coast in 1933 with a loss of 73 lives. He became skipper of the Macon, helped save all but two crew members when...