Word: fractionalism
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Dates: during 1950-1959
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...giants are only a fraction of the Pru's business. At President Shanks's direction, the company pours an even bigger chunk of its treasure into mortgages and loans to individuals and small businessmen. All told, $6.1 billion of the Pru's assets, some 46%, is tied up in mortgages and real estate, proportionately more than any other life insurance company. The Pru is the world's biggest private holder of home mortgages (500,000), one of the biggest financers of huge skyscrapers (Manhattan's Empire State Building, Chicago's Merchandise Mart, Cincinnati...
...from the realm of science-fiction fantasy: "In the long haul our safety as a nation may depend upon our achieving space superiority. Several decades from now the important battles may not be sea battles or air battles, but space battles, and we should be spending a certain fraction of our national resources to ensure that we do not lag in obtaining space supremacy." In that effort, Schriever made it substantially clear, the U.S. was determined...
...time he hit the straightaway at Junction, dropping as much as one foot for every three he covered, Bibbia was close to 70 m.p.h. He "scratched ice" as he negotiated the wicked 90° turns called Battledore and Shuttlecock, but only enough to slow his sled by a fraction. Toes up once more, he skittered under a railroad bridge past nasty little bends called Scylla and Charybdis. At the finish line he was traveling 90 m.p.h. Bibbia's time for the 1,320-yd. dive: a winning...
Chuteside watchers could hear him shout as he hit Battledore: "Faster, goddammit. Let's go faster." At Shuttlecock he misjudged by the merest fraction of an inch. His spiked shoes grabbed empty air as he catapulted over the rim and soared ten feet into the snow. Seconds later he was up, unhurt-but disqualified from a Cresta race for the first time in his career...
...Algom operation is (the two mines and mills have a daily ore-processing capacity of 6,000 tons, double the largest U.S. operation), their output will be only a fraction of Rio Tinto's eventual production. The company's three Northspan mines ($275 million in government contracts) are set to start producing before the end of 1957; its Milliken Lake mine ($94 million in contracts) by March 1958. Rio Tinto's smaller Pronto mine (1,250 tons of ore daily) was opened in 1955 but ran into production troubles, now being taken care of in an enlargement...