Word: backlog
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Dates: during 1950-1959
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...bank and the Brazilian Treasury, and will be repaid in monthly installments over a three-year period. For U.S. exporters, who have had to wait up to nine months for payments during Brazil's dollar crisis, the government's promise to pay off the entire $423 million backlog by July i-and to carry on thereafter on a pay-as-you-go basis-was welcome news...
...world economic situation has changed very radically, almost reversed itself," World Bank President Eugene R. Black reported to the U.N. Economic and Social Council last week. "The postwar backlog of demand for goods and services in the industrialized countries has been in large part satisfied. And the critical shortages which plagued efforts to rebuild and expand industrial capacity have generally been overcome. Although inflationary pressures persist, inflation has to some extent subsided...
Wide Plans. With Convair, Hopkins' immediate prospects are not quite so rosy. The loss of the B60 contract was a grave shock to ex-Boss Odlum. But Convair still has a backlog of more than $1 billion in orders for its military planes and its pressurized Convair 340 transport. Last year it netted $10,400,000, close to its World War II peak ($12,300,000). With Convair in the fold, Hopkins hopes to make General Dynamics both general, dynamic, and radioactive...
...Boeing, on a $739 million gross for 1952 (v. $337 million for 1951), netted $14 million, double its 1951 earnings. Backlog: $1.6 billion. ¶Lockheed's $438 million in sales for 1952 was up 85%, its net ($9,000,000 v. $5,700,000 for 1951) was up 56%. Backlog: $2 billion. ¶Glenn L. Martin Co., after losing $22 million in 1951, climbed into the black, netted $5,800,000 on a gross of $144 million. Backlog: $650 million...
...seldom-filled 39,200-seat stadium that Huey built. ¶Verner W. Clapp, chief assistant librarian of Congress, warned U.S. scientists to restrain themselves. Today, said he, there are nearly 2,000,000 scientific articles that U.S. librarians have not yet had time to catalogue-and the backlog is increasing at the rate of 215,000 a year. ¶Union Carbide and Carbon Corp. announced a model scholarship program to send high-school students to college. If all goes according to plan, the program will eventually take care of 400 students, pay their full four-year tuition, add an allowance...