Word: half
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Dates: during 1950-1959
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...many coal-mining towns are pure-aired health resorts, but Carbondale, Pa., 15 miles northeast of Scranton, has a special problem. Deep under the streets of a good-sized part of the town (pop. 14,000), a stubborn fire has burned for 13 years, defying half measures to put it out. Fumes seep out of the ground, creep into homes and stores. The soil underfoot is always warm; grass stays green in the dead of winter; and roses bloom in December. Carbondale people do not enjoy these distinctions, and last week they were looking forward to getting rid of them...
...Almost half the jump was caused by the addition of electric and gas utilities' production to the index base. The rest of the change was due to improvements in measuring industries already included in the index. Under the revised index, industrial output of consumer goods has risen at an annual rate of 3.8% during the past decade, v. a 3.2% rise shown by the unrevised index. The U.S. population has grown at the rate of 1.7% per year...
...pride and embarrassment. With the steel union in its third week of a strike for higher wages, they went before reporters and microphones last week to announce the biggest sales and earnings in their history. The figures for the top eleven steel firms that have reported for the half year were so extraordinary that they immediately set off a new duel between management and labor, brought widespread suggestions that the industry consider a cut in steel prices to share its profit performance with the consumer. The companies reported total net income up 140% over the first half of recession...
Broken Records. U.S. Steel Chairman Roger M. Blough, who has led the industry's fight against higher wages for steelworkers, reported that Big Steel's profits reached record levels of $2.64 per share in the second quarter v. $1.25 in the same quarter last year, raising half-year earnings 96% to yet another record: $4.50 per share for the half-year v. $2.29 last year. Steel sales for the quarter rose to a record $1.4 billion, hiking first-half sales $1.1 billion above last year to a record $2.5 billion...
Bethlehem Steel set new records with second-quarter profits of $1.59 v. 61/ last year, first-half profits of $2.64 v. $1.13 last year. President Arthur B. Homer reported that Bethlehem's billings of $1.4 billion for the first half also touched new highs; so did production, which was running at 97% of capacity just before the steel strike. From Republic Steel Chairman Charles M. White came another record report to round out the picture: the nation's third largest steel firm ran up quarterly earnings of $2.57 a share v. 98? last year, half-year earnings...