Word: fortnights
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Flying to Denver last fortnight to dedicate Mamie Doud Eisenhower Park, the First Lady left her Brown Palace Hotel suite only twice in five days, limited her dedicatory remarks to a few words of thanks. Last week Denver's sharp-eyed observers learned why her schedule had been sharply curtailed. White House Physician Howard McC. Snyder, who had accompanied her west, accompanied her also to Washington's Walter Reed Army Hospital, stood by while an Army gynecologist did a two-hour hysterectomy...
...turn into an erupting volcano and cause further shocks. The still-disturbed earth shook Mexico City with nearly 100 tremors during the week. Although many of them were so slight that they could be sensed only on a seismograph, the worst one was two-thirds as strong as last fortnight's big jolt, but caused little further damage...
Peking announced that 2,000,000 workers had been pressed into flood-fighting work, carefully refrained from reporting death tolls (estimated to run into scores of thousands), but eulogized nine party members killed while fighting flood waters in Kwangtung. In Shantung the rains fell steadily for a fortnight; in Kwangtung and Kwangsi, in South China, it rained for 22 days. Shanghai reported the worst rains in 80 years...
...great worry for businessmen was the mounting cost of expansion. Floating a $60 million bond issue last week cost Pacific Gas & Electric Co. more than 5% for a security Wall Streeters said would have gone for 4.8% a fortnight ago. For those unwilling-or unable-to pay top interest, the market was slim indeed. Railroad credit ratings are so low, said Pennsylvania Railroad President James M. Symes, that the roads cannot finance new equipment unless the Government helps; he suggested that the Government create an agency to buy as much as $2.5 billion worth of rolling stock, then lease...
...competitive par with its more alert rivals. But for Tomlinson and Meyer it was evidently a case of too little too late; Loew's estimates that its profits for the third quarter of fiscal 1957 will total exactly 1?. At a board meeting a fortnight ago, charged Vogel, the recommendations of an independent management survey were used to suggest that he should be removed from the presidency. The consultant, said Vogel, was Cleveland's Robert Heller Associates, and its report actually approved of his management, but noted that he obviously needed a working majority to succeed...