Word: upwards
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...prices as the cost of better times. The remarkable thing about the current advance is that prices have so far stayed relatively level, and that inflation has remained a bogeyman instead of a jingling presence. Nonetheless, the nation's economists are increasingly concerned about the possibility of broad upward price movements. That concern has been reinforced lately by rumblings from steel executives about the need for price rises and by signs that the United Auto Workers are determined to win a substantial settlement from the profit-heavy auto companies...
...street with the square logs-just in time to let the morning torrent of traffic flood through. Can Tokyo possibly finish the building job by October? There have been doubters. Workmen are still scrambling all over the swooping, tent-shaped roof of the vast Olympic swimming pool and the upward-spiraling conch-shell roof of the Olympic basketball court. A fleet of five truck-trailer, mobile public rest rooms is still under construction for the Olympic games area (nobody seemed to have included enough public toilets in the original building plans), and in the hope of stopping a practice that...
...Leaders. Nine issues in particular have spurred the 30 stocks that make up the Dow-Jones average. The greatest upward momentum was provided by American Telephone & Telegraph, whose shares have moved from 691 to 741 since they were split a fortnight ago. Chrysler and General Motors have also been front runners, helped by last week's report that U.S. automakers built 13% more cars in June than in the same month last year. All those cars sent up demand for gas and oil, buoying the shares of Texaco, Jersey Standard and California Standard. The other significant gainers...
...TILT WING: Rolled out last week by Ling-Tempco-Vought, Inc. of Dallas, the XC-142A transport has four turbo-prop engines and a wing that can be tilted for takeoff so that its four 15.6-ft. propellers point upward. When they all are pulling together, the props should generate enough direct lift to raise the plane vertically. When safely above obstacles, the pilot will gradually tilt the wing into normal flying position. The plane has yet to be flown, but its designers admit that it is no speedster. It will cruise at less than 300 m.p.h., and its operating...
...with a clang. The second, also a space-age motif, resembles the hollow cone of a missile. Inside, visible from both ends, are two metallic spheres, one hanging down like a tiny bathysphere on its nylon thread, and by its magnet attracting the magnet in another sphere that levitates upward, tethered by a thread. Each open end of the sculpture gives out a sound like a giant sea shell humming with the rhythm of breakers. If the viewer steps back a few paces, the interior spheres look like twin, lightless moons haunting the barren landscape of a science-fiction planet...