Word: backlogging
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...backbone of the business is still construction. Last week Kaiser had a $638,500,000 backlog of construction and engineering jobs, biggest in its history. In addition, Kaiser is the managing firm (with 25% interest) in the joint construction group that is building Australia's Snowy Mountains Project, a $56 million complex of dams, river diversions, hydroelectric plants and tunnels...
...Koussevitzky was leading the Boston Symphony through the most radical new music, and Carter caught fire. His first major work was a ballet, Pocahontas, in an advanced idiom; then came a symphony, a piano sonata (written on a Guggenheim grant), choral works and chamber music. Today he has a backlog of commissions that will keep him busy for another year...
...shares of outstanding common stock, and in an attempt at a comeback, began soliciting proxies for last week's annual meeting. Once again, they were rebuffed. The company, Berlin reported, was doing better than ever: 1955 peak profits of $1,550,937, a husky backlog of nearly $150 million, first-quarter sales well ahead of '55. Piasecki tried to raise points of order and ask questions, but got nowhere. He attempted to increase his bloc's directorships from three to five on the 13-man board, but was voted down almost three to one. Said an associate...
Speaking before the Cambridge Council of Neighborhood Associations, he reiterated his statements, made before the Associated Harvard Club's meeting in Miami, April 7, saying that the "backlog of needs" built up since the 1930's is becoming urgent...
Most steelmen saw reason to think that 1956 would live up to its first-quarter promise. Though auto production, already down, slipped another notch to 129,048 cars last week, orders from other big steel users (notably railroads and the construction industry) have boosted U.S. Steel's backlog to 7,500,000 tons v. 6,300,000 tons at this time last year. Looking at the flood of orders, U.S. Steel's Blough thinks many customers are buying to build up inventories in fear of a steel strike this summer. But Bethlehem's Grace is equally certain...