Word: beech
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Dates: during 1940-1949
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...hours Russians and Germans fought a savage street battle. Then the city fell. The Second Ukrainian Army lunged southward through ripening wheat and corn, sent spearheads westward into the beech-clad Carpathian foothills, penetrated Hungarian-held Transylvania. At week's end it hammered past Focsani, western anchor of the Gap's defenses and a main junction on the railway to Ploesti...
...post on the State Public Service Commission. A "shouting Baptist," he was born in northern Louisiana's hilly Jackson Parish, one of eleven children of a cotton farmer. His grandfather had a local reputation as a buck-&-wing artist. Jimmie planned to be a teacher. He graduated from Beech Springs Consolidated School in a class of three and attended a New Orleans business college. Later he got a B.A. at Pineville's Louisiana College, an M.A. at Louisiana State, and finally joined the faculty of Shreveport's Dodd College as a professor of history and social science...
...investors got a classic example last week of the hazards in estimating wartime corporation profits. Out with their annual reports were Cessna Aircraft Co. and Beech Aircraft Corp.-both reporting for the fiscal year ended Sept. 30. Both companies are small, smart and fast-growing; both specialize in plywood, twin-engined training planes; both have recently gone into gliders; both have factories in Wichita, Kans. Yet their earnings were as different as down...
...Beech which boomed sales sevenfold to a smacking $59,593,000, jacked profits 410% to a record $2,418,000. Beech also set aside huge sums for Federal taxes ($6,429,000) and price refunds ($7,200,000). But Beech worried less about war's end, set up no special cash fund for peacetime conversion (although it has paid off the RFC, bought its plants outright). Result : more profits available to stockholders now, perhaps less preparation for things to come...
Industry officials say that if output of this manufactured lumber were doubled, or tripled, over the record 3½ billion sq. ft. (on a ⅜in. basis) turned out last year, war needs would gobble it up. Beech Aircraft Corp. has already begun production on an all-plywood bomber trainer. Fairchild has been turning out all-plywood primary trainers for some time. Curtiss-Wright is using the same stuff to make twin-engined cargo airplanes...