Word: upswinging
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Even a few prices (e.g., tires, cutting tools, men's suits, grains) had begun a hesitant rise-partly because of increased demand, partly because of recent wage and pension boosts. But both business and labor had to think twice about any precipitous price boosts; they had the example of...
Coach Norm Shepard, whose squad has four more League contests, hasn't written off the rest of the season. Last night he said "the team's shooting was off at Cornell, but it played a hard game and seems to be on the upswing from its recent slump."
The ranks of the jobless dwindled by 333,000 in September in the second successive monthly drop in unemployment shown in the late-summer business upswing. The Census Bureau reported a decline to a total of 3,351,000 unemployed.
On the other hand, the huge U.S. oil industry, which had thought last spring that the boom was over, changed its mind. The vast production of new cars, diesel engines, oil heaters, etc. had swelled oil demand so much that the U.S. Bureau of Mines forecast greater demand this year...
Tires & Refrigerators. The upturn in business was not yet general, but it was spreading, thanks to a seasonal boost in some industries. Hot & heavy summer driving, for example, had finally resulted in an increase in tire sales, which made rubbermen revise upwards their 1949 output and earnings estimates. Part of...