Word: elevens
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Dates: during 1950-1959
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...Demolition of the worst 1,500 of New Orleans' 42,000 substandard buildings to make way for an eleven-acre civic center that will include, beside the new city hall, a Supreme Court building (due for completion this fall), a public library, a state office building and a civil court...
...Maxim. Morrison's medicine has attracted industry to New Orleans, prompted private capital to construct 25 major buildings in eleven years, raised property values in once dilapidated areas from 95? a square foot to $25. But it has done something even more important. Morrison next year is an odds-on favorite to win a fourth term, is being talked about as a potential governor of Louisiana or U.S. Senator. His success demonstrates a political maxim that last-hurrahing wardheelers across the U.S. are rapidly learning: a hard-nosed, hard-pushed program of municipal reconstruction can do more than patronage...
GOVERNMENT MONOPOLY on atomic energy from hydrogen fusion will be broken by private industry. With ultimate goal of producing peaceful hydrogen electric power, eleven Texas utilities and General Dynamics Corp. are starting four-year, $10 million program in General Dynamics' San Diego lab to research ways of controlling H-bomb-type fusion...
Under the five-year agreement Robert H. Morse Jr. will continue as president and chief executive. Silberstein, who last year voted four of his men on the eleven-man Fairbanks, Morse board, won only one more. Bob Morse will also have five directors, and the board will have an impartial member, Chicago Investment Banker J. Douglas Casey, president of A. C. Allyn...
...Government bonds. But the Treasury hardly anticipated the extent of the tight-money troubles that faced it last week. Fortnight ago it announced the refinancing of $4.2 billion in Treasury notes. It offered investors (about half of them corporations) a choice of taking 3½% certificates due in eleven months or 3⅝% notes due in 1962. The new interest rates, highest offered by the Treasury since the 1933 bank holiday, were calcu-ated to revive lagging interest in Treasury issues...