Word: freeporters
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Weather Lesson. The smallish hurricane that hit Freeport, Texas in 1949 taught them a startling lesson. The great waves rode higher than anyone dreamed they could. They twisted and smashed the steelwork of the sea rigs, and tossed heavy machines around as if they were wooden mockups...
...roughnecks" might have continued their head-on attack on the sea, but the major oil companies realized after the Freeport episode that the open sea could not be licked without the highest type of scientific engineering. While Congress was deciding how to divide the underwater lands between the states and the nation, the companies had time to start a long-range research program...
...docks in Freeport, Texas one day last week, 238 disabled veterans boarded an odd-looking fleet of 56 boats, ranging from battered shrimpers to slick and polished yachts. The vets were off for a day of fishing. For the blind, there were special lines with tufts of silk placed at regular intervals to show how much line was out; for one-armed fishermen there were special devices to wind the reels. Both the expedition-and the fishing aids-were the productions of Columnist Ralph Alexander ("Andy") Anderson of Scripps-Howard's Houston Press. A little...
...MOTORS, which has climbed from a deficit of $2,000,000 to a profit of $2,000,000 in four years, making trucks and power lawn-mowers, has been sold to Henney Motor Co. Inc. of Freeport, Ill., makers of custom-body hearses and ambulances. The sale, still to be approved by stockholders, is a straight cash transaction for $16.5 million, equal to nearly $30 a share for Reo stock. Henney will take over Reo's plants and distributors...
Mining. Phelps Dodge, No. 2 domestic copper producer (after Kennecott), came put 11% ahead of its 1952 marks, both in sales and in earnings of $39 million. Freeport Sulphur piled up the highest sales, $38 million, and profits, $8.5 million, in its history...