Word: eighth
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Dates: during 1950-1959
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...statement that Gulf Oil (i.e., Gulf Italia Co.) gets from its Sicilian oil-production operations 80% of all profits, instead of the standard fifty-fifty split. The truth is that Gulf Italia Co., under its concession terms established in 1954, pays to the Sicilian government a royalty of one-eighth of the gross production, plus corporate taxes (i.e., income tax and tax on the capital and on the extra profits). The combined and aggregate payment to the government of royalty and taxes brings about a fair and equitable profit sharing, which is practically equivalent to a fifty-fifty split...
...still going strong; the peppery, well-publicized Budapest String Quartet sells about 50,000 records a year (Columbia). Most significant shift in the wind: RCA Victor, after acting for three years as if chamber music did not exist, put out four chamber music releases last month (including the eighth current, and rather saccharine, LP version of "The Trout"). RCA's reasoning: hi-fi and good sense will gently lead listeners to the delicacies of chamber music...
...best pitcher in the majors. But by the 15-1 tally, Spahn was a shoo-in. At 36, he shows no sign of tiring. While pitching the Braves to the pennant, he won 21 games, lost only 11, equaled a National League record for lefthanders by finishing his eighth season with 20 or more victories...
...longtime jazz buff, Rexroth got together with Saxophonist Bruce Lippincott and worked out a sketchy jazz accompaniment for his new poem, Thou Shalt Not Kill, a lengthy dirge for long-lost friends, mostly poets: "What happened to Robinson who used to stagger down Eighth Street, dizzy with solitary gin? ... Where is Leonard who thought he was a locomotive? . . . What became of Jim Oppenheim? . . . Where is Sol Funaroff? What happened to Potamkin? . . . One sat up all night talking to H. L. Mencken and drowned himself in the morning." Then the Rexroth verse turns to a super Bohemian and aman...
Elliott Perkins '23, Master of Lowell House, said yesterday he feared the Eighth House might not be used to relieve existing overcrowding. Instead, Perkins said, the new space may be allocated to freshmen now forced to commute and to those upperclassmen currently in Claverly and Wigglesworth...