Word: gulf
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Dates: during 1950-1959
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...gallons of aviation gasoline and three or four planes fit to fight." From the South China Sea to Formosa he improvised great sea-air sweeps that cost the Japanese "so many ships that I cannot count them." As commander of the big Third Fleet at the Battle of Leyte Gulf, he was the scourge of the Japanese Navy. Toward the end of the war, Halsey took task forces of battleships as well as carriers to bombard the Japanese coast. "I had a tremendous steamroller-I could do anything I damned pleased," he said, but the Navy regarded him no more...
...week, as surging oil-company earnings reports gave oil shares their sharpest rise since the easing of the Suez crisis in December 1956. Standard Oil Co. (NJ.) rose 3$ points to 54⅛ as it reported earnings of $1.47 per share, v. $1.22 in the first half last year. Gulf Oil Corp. stock added 6| points during the week to close at 116⅛, after reporting first-half earnings of $4.38 per share, v. $3.57 last year...
...toothy public grin and the U.S. Governors' convivial good will-is that it is a deadly serious part of cold war. Washington encourages a strictly reciprocal exchange in an attempt to dent the vast and dangerous Soviet ignorance of the U.S., make Russians more restlessly aware of the gulf between U.S. and Soviet standards of living. Washington tolerates Kozlov-level visits because the President wants the Kremlin hierarchy to know firsthand that the U.S. is united and deadly serious in its intention to oppose Communist advances...
...investments in the new jets: during the first half Boeing skidded nine points to close June at 37½, Douglas dropped 10½ to 47½. Oils were burdened by heavy inventories and price cuts: Royal Dutch dipped 5⅜ to 42½; Standard (N.J.) slid to 51⅝; Gulf worried off 16 to 110. Among utilities, losses from two to five points hit Consolidated Edison, Southern California Edison, American Electric Power...
...Steel, which was ninth, dropped to twelfth. Newcomers: Texaco and Western Electric. The top ten: G.M. ($9.5 billion in sales), Jersey Standard ($7.5 billion), Ford ($4.1 billion), G.E. ($4.1 billion, and up a notch from '57), U.S. Steel ($3.5 billion, down a notch), Socony Mobil Oil ($2.9 billion), Gulf Oil ($2.8 billion), Swift ($2.6 billion), Texaco ($2.3 billion), Western Electric ($2.2 billion...