Word: bement
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...Warner Bement Berthoff, Worthington. Ohio; Warren Bruce Cheston, Rochestor, N. Y.; Stuart Hamilton Cleveland, Hallowell, Mc.; Robert Paul Davis, Dorchester; Christopher Dean, Boston; Marc George Dreyfus, Brooklyn; Robinson Oscar Everett, Durham, N. C.; Edward Alvin Ward Franklin, New York City; Victor Mainard Kimel. Allston; Richard Gordon Kleindienst, Winslow, Ariz.; Richard Reinhold Niebuhr, Hamden, Conn.; Philip Maurice Stern, New Orleans; John Wermer, New York City...
...best alibi was the machine-tool industry. It too began the year as a little industry, and though it more than doubled its 1939 sales to over $400,000,000, it remained so. When the planemakers began dumping real volume orders on the machine-tool market in February, Niles-Bement-Pond (one of the biggest of the lot) could call a mere $9,000,000 backlog the biggest in its history. Most toolmakers resisted defense-expansion pressure as much as they could, wanted instead to ration their customers. Automen, normally the biggest machine-tool customers, began to worry...
...typical of the business on hand was the backlog of one of the big machine tool makers, Niles-Bement-Pond Co., which last fall got out of its antiquated 23-building plant in Hartford, Conn., and moved across town to a new factory under a single roof. N-B-P, which operates the Pratt & Whitney* tool works, last week had a backlog of $8,700,000, up 400% from last year. Its bulky president, 65-year-old Clayton Raymond Burt, who served his toolmaking apprenticeship with big Brown & Sharpe back in the early 19005, like the rest of the industry...
...machine tool industry, which, like aircraft, averages only $200,000,000 a year of business is getting 20% of its domestic orders from U. S. arms spending and 50% from exports (practically all arms). One of the industry's most promising war babies, Niles-Bement-Pond Co., which has an order backlog of $2,200,000 (big for it but a trifle in the national economy) was meanwhile going in the market for eleven times its 1938 earnings, while investors priced ordinary market leader Chrysler at 16 times 1938 earnings...
...graduates who wish to take advantage of the savings offered by going on the special train. Since sleeper and pullman accomodations are necessary, however, the cost is still high, and the expense was given as the reason that not many undergraduates took advantage of the offer by Edward D. Bement '08 who is in charge of the trip...