Word: felted
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Dates: during 1940-1949
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...grind just about too hard to take. "I want to die an old man, not a young one," he told reporters. Every golfer in the big time-a businesslike gang that lives a life of tense desperation from hole to hole and tourney to tourney-knew just how he felt. The game had changed from the day of the great Walter Hagen, when a pro played in about 15 tournaments a year. Now it is a year-round business, in which only half a dozen do better than break even financially...
...another portrait-a self-portrait-held special interest for the great and famous who had felt the stings and stabs of Topolski's pencil. How did the plump, 41-year-old artist see himself? In the portrait, Topolski pictured himself in a highly dramatic light, modestly or perhaps fearfully shielding his eyes from the glare. "I am," he explained to a critic, "an awed, mystified, laughing and crying member of the humanity that watches and participates in the spectacle of history, but is unable to direct it or reason...
...economy last week felt a strong new shot of inflation. The prospect of higher prices and steady profits-and the announcement of Air Force and Navy orders (see Aviation)-pushed the bull market to a new high. The parade was led by oil and aircraft stocks, notably Grumman, which felt prosperous enough to declare a 100% stock distribution (the stock rose five points in two days). The Dow-Jones industrial average...
...first quarter, reported SEC, the net sales of 1,070 U.S. corporations had risen 19% above the 1947 period. And there was plenty of buying power: in April, personal incomes had gone up $1.4 billion, reaching an annual rate of $209 billion. In some lines which had felt a sag in sales, strange and wonderful things were happening. A few weeks ago, for example, some home appliances were in the doldrums. But when the Iron Age set out to probe the slump last week, it was flabbergasted: demand had picked up so much that manufacturers were again talking up allocations...
Nevertheless, most western industrialists, who had once felt that their prime need for cheap steel could be served only by plants owned by Westerners, were now willing to go along with the new setup. The expansion in Big Steel's western fabricating facilities was expected to spur its Geneva plant to produce at capacity (1,300,000 tons a year). Westerners hoped that the added volume would help bring down the price of western steel...