Word: gooding
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Dates: during 1950-1959
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...first time in years, Syracuse University's home-town crew was picked to win. As Referee Clifford ("Tip") Goes sent the shells streaking away from their stake boats, no one paid much attention to the University of Wisconsin's crew, which had not even been good enough to qualify for the finals of the Eastern sprint championships last month, had, in fact, wound up dead last in the consolation race...
Sondheim, one of the industry's leaders, all this means that the U.S. is on the verge of a new era of luxury and individuality in clothing, in which shoppers at every price level prefer one good article to two shoddy ones. Taking dead aim at achieving an "opulent look," Sondheim and other manufacturers have gone in heavily for velvet, lace, brocade and other elegant fabrics in evening and cocktail dresses, have used fur trim lavishly. The dressier clothes cost more, promising retailers both higher unit and dollar volume. Fur Pants. Another place where the luxury look shows...
...manufacturing as a whole (10% of equity); second-quarter earnings are expected to be even rosier. But the Government's report also pointed out that over the last ten years steel has not done as well as other industries, and steel companies complain that their present good showing is largely the result of stockpiling in anticipation of a strike. Their big argument is that profits are not even enough to pay for expansion and modernization; U.S. Steel alone has borrowed $600 million for its expansion program in the last five years. It is largely this investment, rather than...
...figures, would have been only $15,586), but over the years they could conceivably build up to the point where a future president might get more than under the old bonus system. No Bethlehem executive is so optimistic as to expect bonuses to return to what were the really good old days. In 1929 President Eugene Grace set an alltime record by collecting $12,000 as salary. $1,623,753 as bonus...
...insurance overseas, British economists feel that their balance of payments actually shows a surplus. Said jubilant Sir David Eccles, president of the British Board of Trade: "An excellent show. This is due to the vigorous search for markets abroad which our businessmen made when home trade was not so good. Now they will be able to sell more at home and abroad...