Word: hardes
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Dates: during 1950-1959
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What effect Wilson Lodge has had on the club system and on Bicker is hard to gauge. Its new popularity is surely an important development, both eliminating compulsion toward club membership and providing a relatively attractive recourse for Bicker's rejects. Part (but only part) of Wilson's growth may be traced to the announcement last spring of plans for a new Dormitory Quadrangle to replace Wilson Lodge. It will be a modern, Houselike set of structures, with dormitory space for 200 and eating and social facilities...
Handicaps include a 20-yard pool rather the customary 25. This physical obstacle is sometimes a hard, but necessary, adjustment. Other difficulties are forcefully displayed in the persons of Rog Neckton, a capable 220- and 440-yard freestyler, Dave Carrington, a 2:14 200- yard backstroker, Bill Lawson, the Gymnasts' co-captain and New England inter-collegiate diving champion, and Jonathan Owen, also co-captain and an outstanding performer in the 200-yard butterfly...
...automakers, trying to lay in enough steel for their 1959 models and part of their 1960 production, guaranteed their suppliers against loss if they in turn would buy ahead. But many a steel user who had let his inventories get close to bottom was discovering that it was hard to rebuild them enough for strike protection. Allowing for the probable rise in consumption, the maximum buildup in inventories by midyear was expected to be only about 6,000,000 tons, just about what would normally be needed for current needs at that time...
...backlog of $280 million in unfilled orders, reported that a fat fourth quarter pushed 1958 earnings to $3.08 per share and a new record, 95% better than last year. Westinghouse. whose sales declined 5.6% largely because of the slump in appliances, had a better-than-good year: by working hard on a cost-control program, it managed to boost earnings to $4.25 per share v. $4.18 last year...
...Some hard-hit industries were naturally taking more time than others to climb back to pre-recession levels. Yet even in oils, still beset by political troubles abroad and price problems at home, the fourth-quarter pickup was strong enough to cause Chairman K. S. Adams of Phillips Petroleum to predict: "If present trends continue, both gross and net income in 1959 will be the highest in the company's history...