Word: ended
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...share v. 47? in the second quarter. Nicholas P. Veeder, president and chairman of Granite City Steel Co., which is operating at nearly 100% of capacity, estimated third-quarter earnings at just over $1 a share for the best quarter in the last five. Said Veeder: "By the end of 1959, we expect to be up to the rated capacity of 1,584,000 tons yearly predicted for the end of our current expansion program...
Such news sent steel stocks soaring on the New York Exchange, helped lead the whole market by week's end to a new alltime high of 543.36 on the Dow-Jones industrial average. U.S. Steel rose 4⅛ during the week to 84½. Bethlehem 2¼ to 51, Youngstown 6f to 117. Also helping push the market up was a big play in the nonferrous metals market. Copper shares rose up to 9^ points for the week, partly on the strength of copper strikes in Canada, Northern Rhodesia and New Mexico. Zinc and aluminum stocks also rose...
...every schoolboy knows, it was wildly inflated credit that brought on the 1929 crash. When consumer credit rose to a record $44.8 billion at the end of 1957, many an economist wondered uneasily whether history would repeat itself. Would credit, which had helped speed the postwar boom, bring on and accelerate an economic downturn? Now that the recession is waning, the answer is in. The credit structure not only surprised the experts but showed strengthening timbers that no one ever suspected...
...finally found his father in Paris, the boy was coldly rebuffed. Tanguy's mother, who also turned up in Paris, had equally little use for him. She was still a left-winger, lost in the intellectual Minotaur's cave of the '30s. At novel's end, with a wistful touch of Chaplinesque pathos, the 25-year-old Del Castillo, currently living in Paris, asks, "What is to become of Tanguy now?" and offers the shadow of a hope that he may "even come to find life the wonder and delight it should be; who knows...
...Crimson's only real scoring drive came late in the game, when quarterback Ron Johanson led the varsity into the end zone with a series of well-thrown passes, the last connecting with Glenn Haughie for the touchdown. But even this march was started when Johanson intercepted a Columbia pass on the Harvard...