Word: corpe
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Dates: during 1950-1959
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...Navy with a chestful of decorations and five-star fleet-admiral's rank. He said: "Let the younger fellow's take over." and Bull Halsey's officers-Forrest Sherman, Arthur Radford, Mick Carney, Arleigh Burke-did. He put in a stint for International Telephone & Telegraph Corp., launched but lost a fund-raising drive to save his old flagship Big E from the scrap heap. "Remember!" he rasped. "Scrapped ships will not rest peacefully in deep blue waters beside the gallant Lexington, Wasp, Hornet, Houston, Atlanta, and all the brave others. Our Navy must remain strong!" Last week...
...strike, the Federal Reserve Board's industrial production index did. Some 100,000 workers were laid off in mines and railroads, and carloadings dropped to 532,304 cars, lowest for a comparable week in years. Last week the Steelworkers Union and others called a strike at Kennecott Copper Corp. and Magma Copper Co. that idled another 15,000 workers. As a result, industrial output declined 1% in July to 153% of the 1947-49 average, two points below the record June level of 155%. But activity in most other durable-goods industries increased, and output of nondurable goods reached...
...hardest fall was taken by the highest flyers, the space-age electronics stocks, which have soared giddily in recent months. Fairchild Camera & Instrument Corp. fell 23¾ points on the American Exchange. So great was the confusion when trading in Fairchild Camera was suspended temporarily that Exchange President Edward T. McCormick went onto the floor to discuss the break at Fairchild's trading post. Other electronics stocks followed; Texas Instruments fell 3⅞, IBM 2½. Zenith 4⅛, Litton...
WHEELLESS AIR CAR will be produced by Curtiss-Wright Corp. this fall. Four-passenger car rides a foot above rough terrain or water on a cushion of air, may be first used by oil industry, military, farmers. Car is powered by two engines (300 h.p.) that operate large fans generating air cushion deflected by louvers to produce top speed of 60 m.p.h...
Lounging in his $120,000 home one Sunday last spring, a tough-faced, balding Indiana builder named James Robert Price decided to get ready for the building boom of the 19603 in the fastest way possible. Though he is the boss of National Homes Corp., the world's biggest maker of prefabricated houses, Jim Price felt that not even National was big enough for what lay ahead. That week he walked into the company's Lafayette, Ind. executive offices, pointed to a map and said: "I want a plant here, here and here...