Word: 4o
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...keep the compressors working. In Franz's turbine, the two functions are independent; one turbine drives the propeller, a second powers the compressors, lowering fuel consumption and increasing the plane's speed. First aircraft slated to use the XT-53 turbine: Bell's small XH-4O Army helicopter, with a designed cruising speed of 115 m.p.h. (compared to 70 m.p.h. for similar piston-engine copters...
...looked so good that the Treasury Department decided to try something it has not dared touch since 1953. Secretary George Humphrey announced that holders of $2.6 billion worth of 2⅞ bonds maturing next month will have the choice of exchanging them for short-term notes or a new 4O-year, 3% bond, the longest-term U.S. obligation since a 1911 issue to help finance the Panama Canal. Unlike the famed 3¼% 30-year issue of 1953, which was attacked as too drastic a credit tightener and soon fell below par, the new 40-year bond will raise...
...While most of his time is spent with the auto divisions, Curtice also runs Frigidaire, the diesel divisions (G.M. is the biggest U.S. maker of diesel locomotives) and the rest of G.M.'s 4O-odd divisions. Among them: Delco radios, motors, etc.; Allison engines; AC Spark Plug...
...miles overland to a new aluminum smelter on the site of the old Indian village of Kitimat. The alumina ore came in Alcan freighters from Jamaica through the Panama Canal to Kitimat's newly dredged harbor. In the Kitimat smelter, the power processed the alumina into the first 4O-lb. ingot of Kitimat aluminum. Now set to produce 180 million Ibs. of aluminum a year, Kitimat eventually can climb to a billion pounds as the market grows...
...Navy canceled a $154 million order for J-4O jet fighter engines to be made by Ford under a license from Westinghouse. For more than a year Ford had been building a J-4O plant at Romulus, Mich. at an estimated cost to the U.S. of $50 million; it expected to get into production this summer. With the engine order canceled, Ford may buy the plant for automaking...