Word: corpe
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Dates: during 1950-1959
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...bright U.S. high school graduates these days, scholarships pop up like gold nuggets in a lucky miner's pan. Last week from its headquarters in Evanston, Ill., the National Merit Scholarship Corp. announced the names of 850 winners-a record crop in the biggest, fastest growing privately supported scholarship program in U.S. history...
...economy's transition from recovery to boom was underscored last week by first-quarter earnings from the nation's two leading steelmakers. Top-ranking U.S. Steel Corp. reported a 9.9% return on sales for a net of $106.6 million, or $1.86 per share, up more than 70% from $1.04 per share for the first quarter last year. Bethlehem Steel Corp., second largest producer, doubled its first-quarter earnings per share to $1.06 from 52? last year...
...other industries earnings were just as good. For some companies, such as Zenith Radio Corp., whose stock has spiraled from 67½ a year ago to 324½ last week, first-quarter earnings were so high ($3.37 per share) that Chairman Hugh Robertson facetiously told stockholders that he had qualms about announcing them. Explained Robertson: "We were fearful of putting out our first-quarter figures because they were so good. We don't think the stock is overinflated, but we don't want to add fuel to the fire...
...General Motors $1.03 $ .65 Chrysler 1.75 1.74 (loss) Standard Oil Co. (N.J.) .78 .72 Westinghouse Electric Corp. .81 .73 Brunswick-Balke-Collender...
...million. He began buying up stock, asked to get on the Crane board, but was turned down. As Crane sales dropped to $336 million in 1958, Evans decided that the time was ripe to move, called in Proxy-Battler Alfons Landa, boss of Penn-Texas Corp., to help...