Word: boomingly
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Dates: during 1960-1969
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...move with ease from city to surrounding counties; its energetic city hall reporter, Ed Grimsley, roams the U.S. as well as Canada in search of novel solutions to city problems. The Milwaukee Journal runs a fat Sunday section, Home, which covers all facets of the city building boom; many of its stories spill over into the news sections of the paper. The Philadelphia Bulletin recently ran an eight-part series, "The Movers and Shakers," by Political Reporter John McCullough, who spent three months tracking down the true business and professional powers in the city...
...firm's expansion began in 1948 when scholarly James Donnell II, inheriting a job held by his father and grandfather before him, became president of the company (then known as Ohio Oil). Founded by 14 Ohio investors during an oil boom in 1887, the firm has been dominated since 1911 by the Donnell family, who were among the original backers. Geologist Donnell (Princeton '32, Phi Beta Kappa) set about to increase the company's scope by stretching into the refining and marketing ends of the business and doubling exploration outlays. As bigger and more experienced oilmen looked...
...fuel to European households and industry. For the small investor, a consortium of British, Dutch, German and Belgian banks has just created an open-end mutual fund, Intergas, that offers participation in the oil, equipment, transport and construction companies that are already starting to profit from the gas boom...
Jetting through a hotel construction boom that has spread to most parts of the earth, Tabler has designed 35 hotels that cost $314 million, has 49 more projects abuilding or on the drawing boards in his penthouse office in Manhattan's Statler Hilton. Having signed up last month to design another $50 million worth, he flew off last week on an eleven-day inspection of work in progress in Los Angeles, London, Nairobi and Johannesburg...
Feeding the Demagogues. Why do commodity prices boom and bust, gutting whole economies, while industrial prices glide up? The main reason is that commodity supplies are largely unpredictable, depend chiefly on the weather. International marketing agreements that could bring stability have been hard to negotiate and harder still to enforce. Castro upset the world sugar pact; the world coffee agreement is riddled with holes, and cocoa producers have repeatedly failed to agree on quotas and prices...