Word: downdrafts
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Dates: during 1950-1959
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...rise, whole groups of stock have been left behind. Aircrafts were caught in an earnings downdraft caused by heavy investments in the new jets: during the first half Boeing skidded nine points to close June at 37½, Douglas dropped 10½ to 47½. Oils were burdened by heavy inventories and price cuts: Royal Dutch dipped 5⅜ to 42½; Standard (N.J.) slid to 51⅝; Gulf worried off 16 to 110. Among utilities, losses from two to five points hit Consolidated Edison, Southern California Edison, American Electric Power...
Capital Airlines, laden with its full share of financial troubles, flew headlong into a downdraft. In Washington last week, experts for the Civil Aeronautics Board withdrew a recommendation that Capital get a long-range route from the Great Lakes to Florida's rich vacation market, instead advised the CAB that Capital was not equipped to fly the run. CAB's reason: the original recommendation was based on the proposition that Capital would have new planes to fly the route. Since then, Capital's financial position has deteriorated so badly that it had to postpone plane deliveries indefinitely...
...those who don't agree, various independent companies put out kits with double downdraft carburetors, special manifolds, etc., to soup up Vance's eight-cylinder engine...
...Luzon's Laoag Ilocos Norte airport, on the coast of the South China Sea, the passengers settled down for the routine half-hour flight to Aparri. Suddenly the plane lurched into a 45° bank. Purser Eduardo Diago came down the aisle reassuring passengers: "That was a terrific downdraft." He tried the handle of the pilot's cabin, tried again, and began hammering on the door. Then the passengers saw him slump to the floor, blood spurting from his left eye. There were two bullet holes in the cabin door. Only then did the passengers notice that...
...first to make a repair stop (after only five laps) was favored Duke Nalon in his eight-cylinder, front-drive, supercharged Novi, the sleek white car that set a new qualifying record of 136.498 m.p.h. Nalon's trouble: fouled-up fuel injection nozzles, used instead of the standard downdraft carburetor...