Word: bulking
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Dates: during 1950-1959
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...content to have captured the bulk of the pop record market with their singing, the industry's goslings have lately turned to the menacing practice of writing and warbling their own tunes. Paul Anka, 17, a Canadian boy with a voice like a grouse's cry and a compositional style to match, wrote and recorded (for ABC-Paramount) an amatory yawp of pain entitled So It's Goodbye, saw it become a favorite of the jukebox set. A carrot-haired New Jersey girl named Beverly Ross, 22, deserted the chicken farm where she grew up, traveled...
...surplus wheat, corn, cotton, cheese, etc., in federal storage adds up to such fantastic bulk that it costs nearly $1 billion a year just to store the stuff while it slowly deteriorates. And the costs threaten to climb higher as farm output keeps rising. Last week the Agriculture Department reported that, though planted acreage was the smallest since 1918, the U.S.'s total 1958 crop output topped by a startling 11% the previous record highs of 1948, 1956 and 1957. For wheat and corn, already in generous oversupply, farmers set new yield-per-acre records...
...should be. In fact, some of it is poor." Since then, Pitt's faculty has been strengthened, and its salaries have been raised. Last week Chancellor Litchfield announced a gift that should do much to realize the university's aim of excellence: $12 million, the great bulk of it to be spent for teaching and graduate study, presented by the A.W. Mellon Educational and Charitable Trust. Breakdown of the huge grant...
...heaviest, Atlas is probably the biggest object that has orbited. Overall, it is 85 ft. long, 10 ft. in diameter. It is a delicate beast. Its main body is a fuel tank of bubble-thin metal. This bulk makes it easy to see, but it also creates atmospheric drag. For this reason, its estimated life is only 20 days...
...passed the 10 million mark. Merrill Lynch alone is adding new accounts at the rate of 950 a week. Mutual funds are growing almost as fast. In 1940 there were only 68 mutual funds with $448 million in assets; today 149 funds hold $12.75 billion in assets, the great bulk of it stocks. Another $12 billion in stocks is held by other institutional buyers such as insurance companies and pension funds. Even such stiff-collared investment bankers as Lehman Bros. and Lazard Frères went into the fund business, unable to resist the clamor for shares. Lehman originally offered...