Word: backlogs
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Dates: during 1940-1949
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...latest outbreak of the South's hooded raiders. In Chicago, other agents dug into the murder of two bank messengers and plugged away at the Government's fraud case against Automaker Preston Tucker (TIME, June 20). The FBI was also relentlessly at work on a backlog of continuing cases, including the nation's only two unsolved-and long-forgotten-kidnapings.* They were seeking 1,367 fugitives and 2,462 armed-forces deserters as well...
Although the steel industry had been Gloomy Gussing for weeks as its production rate sagged and its backlog of orders thinned, first-half earnings for many companies were the best in history. U.S. Steel's $94 million net was up 76%, Bethlehem's $59.9 million a shade less than 100%. But Bethlehem's Chairman Eugene G. Grace, who first warned against slackening steel demand six months ago, now said: "We have been living on our accumulated fat ... and it is getting thin...
Actually, what worried big John L. was the depressing spectacle of 70 million tons of coal above ground (enough to last the U.S. at least 55 days) in the midst of contract negotiations. This cozy backlog was nothing to inspire sweet reasonableness in the operators. In three weeks of negotiations, the hard-jawed Southern Coal Producers Association had insisted on unthinkable changes in the contract. The operators wanted the miners to give up their paid half-hour lunch periods. They even wanted to kill the clause which requires the miners to work only when "willing and able."* To the operators...
...Lockheed, thanks to big military orders, got out of the red in 1948 and hoped to do better this year. It had worked its bank debt from $27,000,000 down to $6,000,000 and has a $195,900,000 backlog, compared to $124,820,000 a year...
...ready for a still bigger dish of cream-the huge road-building and heavy construction programs which the war had deferred. Last week, with his order backlog so heavy that he has to put his customers on allocations, Neumiller was sure that 1949's sales would outstrip even 1948's alltime record-unless business goes to pot. Even then, thinks Neumiller, plenty of Cats would be needed in public works projects...