Word: gypsum
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Dates: during 1950-1959
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...Pont. In chemicals and mining, Union Carbide, Du Pont and National Gypsum all reported banner sales and earnings. At Union Carbide, President Morse G. Dial listed alltime record sales of $857 million, record earnings of $101 million for the first nine months, 60% higher than 1954. Du Pont hit new peaks with sales of $1.4 billion, earnings of $6.24 a share at the three-quarter mark v. $4.74 last year. In the booming electronics industry, civilian sales were so good that General Electric President Ralph J. Cordiner could announce the second-best year in history thus far-sales...
Then they began dozens of questions about mass-production methods, approvingly appraised mechanized earthmovers. New to them, and thunderously thumped, were steel doors and gypsum-board walls to substitute for plaster, as well as cost-cutting low ceilings, which they carefully measured. They showed puzzlement when a builder explained the usefulness of a low room divider between a living room and dining area. Placed on the divider, said the builder, a swiveling TV set permits children to view while eating. "It's been one of the biggest selling points of this house," he said. The Russians burst into laughter...
Rolling happily along with the building boom, Johns-Manville earned more than it ever did before in any second quarter, making $6,531,742 v. $5,435,663 a year ago. National Gypsum broke all first-half earnings records as it made...
...Among other Illinois companies with staggered directors' terms: Armour & Co., Great Western Railway, Sunbeam Corp., Swift & Co., U.S. Gypsum...
EARNINGS for third quarter are even better than expected. Of the first 100 companies reporting, nearly half said earnings climbed 5% to 50% above 1953's third quarter; seven blue chips (i.e., G.E., Du Pont, RCA, Texas Co., I.B.M., Continental Can, U.S. Gypsum) broke their all-time records for nine-month profits...