Word: boom
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Dates: during 1950-1959
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...Strategic Air Command, the revolutionary nuclear-tipped missile will prolong the useful life of SAC bombers by enabling them to fire at targets 1,000 miles distant-from points outside an enemy's radar screen. Last week's shot, fired by a supersonic B58 Hustler (whose sonic boom startled beach residents) was a one-stage version of the new weapon. The two-stage version, fired for the first time a few days earlier, was launched from a B-47 at a target 700 miles away. The Bold Orion is 25 ft. long, 6 ft. in diameter. Upon launching...
...apparent, Henri ("Pocket Rocket") Richard, only 22 but already a solid all-round center who has made 29 points this year. Together they form the best line in hockey (40 goals, 55 assists to date)-with the ironic result that the league's leading scorer (40 points), Bernie ("Boom Boom") Geoffrion, is relegated to the second line...
...recession. Investors reacted by driving P. Lorillard up 175% to 89 at the high; General Foods went from 50¼ to 79½ Federated Department Stores from 30⅛ to 54¾ Pfizer, Merck. Schering, and Carter Products posted 68% to 114% gains. One spectacular performer riding a recession boom: Zenith Radio hit a high of 208½ for a 209% gain since spring...
...many other financial institutions -insurance companies, finance companies, savings and loan associations-have grown up that the nation's credit pool is increasingly independent of the FRB. Nor was Chairman William McChesney Martin Jr. in any tearing hurry to force feed the economy. Said Martin: "During a boom, waste and inefficiency creep in naturally. It's hard not to believe that recession does a lot of business a lot of good...
...offering to give away leases, Turner stimulated others to drill. Last winter, off in the backwoods, two more wells came in. In April the Frank Beams farm on the main Louisville road, which Turner had leased and subleased, came in flowing thick black oil-and the boom was on. Farmer Ellis Hood, 45, who barely scratched out $2,400 a year from his 85 hilly acres, now rakes in $325 a day; ex-Marine Early Vaughn Dulworth, 36, who paid $200 for a part interest in the Beam lease, now gets back $2,000 a month (his mother...