Word: adds
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Dates: during 1950-1959
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...Lieut. Colonel Maurice Brown, promised to have the 100 spotters that Hammarskjold wanted (from nine countries) at work by week's end. From four outposts scattered throughout Lebanon, Brown sent them out in pairs of white U.N. jeeps to "see and hear." Later he hopes to add four light planes and two helicopters (offered by the U.S.) for his spotters. When Lebanese officials complained that such small, unarmed patrols could not stop infiltrators, Ecuador's ex-President Galo Plaza Lasso, one of the U.N.'s three supervisory commissioners, explained: "Our way is the moral way. We hope...
...will rank among the largest ever made by an industrial firm, equaling Big Steel's in 1954 and issues floated by General Motors in 1953 and General Electric in 1956. Said Robert C. Tyson, chairman of Big Steel's Finance Committee: "The purpose of this is to add money to our funds to restore working capital that we have used for expansion. Now is a good time to get money...
...Steel, traditionally the industry leader in raising prices, does not intend to hike its prices July 1 but will do so eventually. Steelmen are awaiting an announcement this week of the Consumer Price Index to tell them how great a cost-of-living increase they will have to add to their contract wage boosts...
...just an expectation," said FORTUNE this week in its monthly report on the U.S. economy. It is no longer a question of touching bottom-that happened some weeks ago. The question now is how fast the recovery will spread. "Even the incomplete data for the second quarter add up unequivocally to more than a seasonal gain." Not only did defense outlays and public works shoot ahead, but housing, car sales and production of steel, lumber, apparel, aircraft, petroleum were all on the upgrade. The FRB index of production, which rose a point in May, will probably be up another point...
...Navy's new surface-to-air Tartar missile, announced a $6,000,000 contract for development of a radically new sonar system for atomic submarines. To manufacture top-secret communications equipment for the Air Force, the firm is shopping around for a huge new factory that will add one-sixth more capacity to its plants, which are scattered from Massachusetts to California...