Word: corpe
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Dates: during 1950-1959
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...Hatchet in Hand. Before he ran afoul of the Senate, handsome, well-tailored Max Gluck had made himself a millionaire in a remarkably successful business career (Darling Stores Corp., a women's wear chain with 140 stores in 27 states). He was also a successful Kentucky horse breeder (in 1955 his Prince John won a record-breaking purse of $157,918.50 at New Jersey's Garden State Park). Semiretired, at 57, he decided this year that he would like to serve in a Government post. "I just wanted to do some good," he explained last week. "I didn...
...financed DEW line cost $500 million and more than a score of lives, mostly fliers who crashed in the gigantic airlift of men and materials to the several dozen radar sites. Last week the main builder, Western Electric Co., turned the line over to International Telephone and Telegraph Corp., which will operate it. Manning the remote outposts are 1,000 technicians, nearly 80% of them Canadians. The DEW-liners are confident that no invading aircraft can pass them undetected. In preliminary trials, even birds set the alarm bells ringing...
...Rackets probers squirmed through the best soap opera that daytime TV could provide (see NATIONAL AFFAIRS). Although the major networks decided that one of the year's best running stones did not justify the heavy cost of carrying it, Manhattan's public-service-minded Du Mont Broadcasting Corp. was forking out $50,000 to cover the 5½ hours of hearings daily for three weeks. The telecast unfolded first on Du Mont stations WTTG in Washington and WABD in New York, by week's end was being transmitted to three other cities...
...Standard Oil Co. (New Jersey) reached a record $463 million for the year's first half, $38 million more than an early estimate. Cities Service President W. Alton Jones announced record first-half profits of $36,315,490, and its wholly owned subsidiary, Dhofar-Cities Service Petroleum Corp., announced a second oil strike in the district of Dhofar in the sultanate of Muscat and Oman.* The two wells, on a 32,000-sq.-mi. concession held by Dhofar-Cities Service in partnership with Richfield Oil Corp., may mark the beginning of a major new Middle Eastern field...
...troubles began in the do-it-now days of the Korean emergency, when top Air Force brass farmed out part of a 2,700-plane order for Thunderstreaks because Republic Aviation Corp. was unable to build the jets fast enough. The Air Force gave the contract to G.M.'s Buick-Oldsmobile-Pontiac assembly division at Kansas City, Kans., agreed to pay the automaker all costs plus a 5.9% profit on an initial order of 71 planes, with the understanding that this cost experience would be used in figuring later profits. As it turned out, said Auditor Powers, in subsequent...