Word: chipping
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Dates: during 1950-1959
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...court charged with being drunk and disorderly. The presiding magistrate, James M. Tighe, who happened to be president of Brooklyn's own Celtic Varuna Boat Club, was not impressed with the difficulties of the Norsemen's voyage. "A boat like that," he said, "will float like a chip on the water and never go down. I myself would be ready any day to make one of a crew to row her back to Norway...
...maximum of only $3.68 during World War II. Studebaker, earning at the rate of $12 a share, had a wartime peak of $1.74. U.S. Steel, now earning at the rate of $6.56, earned only $5.29 in its best World War II year. The facts were that the blue-chip companies whose stocks had led the bull market's rise, stood to make much less during a war. And in a new war, excess-profits taxes, renegotiation and tight controls might even squeeze down the profits of marginal and inefficient companies, war babies and the plane companies, which stand...
...same blue-chip stocks which had led the market's upward climb were hard hit. Chrysler fell 7 points to 73, General Motors was down 6⅜ to 90⅛, and A.T. & T. down 5⅞ to 153. Television stocks, a favorite of speculators, also skidded...
...Washington, D.C. The mosaics, constructed over the course of nine centuries by thousands of anonymous workmen, were plastered over by the Moslem Turks who took Constantinople in 1453 (the Koran prohibits images), remained hidden until 1932, when Whittemore began the painstaking job, still uncompleted, of removing the plaster chip by chip...
...proposed two-for-one stock split the night before. G.M. took off on a climb from 89-5/8, its low for the day, to 91--a gain of more than 7 points (and far above its 1929 high of 91¾. The demand spread to other blue-chip stocks. By day's end the Dow-Jones industrials had regained all their losses and then some...