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...first six months of 1951, he reported, Kennecott profits hit a new peak of $50 million, up 33% from the same period of 1950 (despite a 183% jump in taxes). Some of the gain resulted from a higher price for copper (24½ v. 18½ a Ib. in 1950). But much of it came from the 32% boost in copper production which Charlie Cox and his new team had managed to achieve in a year. This week, as the nation's copperworkers went on strike (see NATIONAL AFFAIRS) , Charlie Cox's production gains were threatened...
Returning Echoes. The heart of Ross's compact (150 Ib.) machine is a crystal of Rochelle salt† that converts electrical energy into pulses of "ultrasonic sound" (unlike radar, which uses radio frequencies). Focused into a narrow beam, the sound pulses are shot out through an underwater transmitter that can turn through 360°. Echoes from underwater objects come back to the transmitter and are displayed on one cathode-ray screen as part of a glowing map that measures distance and direction from the ship. Moving targets can be tracked across the scope as on an ordinary radar screen...
When the price of cotton soared as high as 46? a Ib. last January, its peak since the Civil War, U.S. cotton growers were all free-enterprisers to a man. Government interference in the cotton market was the last thing in the world they wanted to hear about. Price Boss Mike Di Salle's insistence on a 45.77?-a-lb. ceiling, they said, would "upset the delicate mechanism of the market...
...years. Last week, when the Agriculture Department announced that the 1951-52 crop will total 17,200,000 bales, a whopping 1,200,000 bales above all previous expectations, cotton men were singing a different tune. Now that the glut has pushed the price down to 35? a Ib., they want the Government to step in. Six months ago, they opposed a ceiling; now they want a higher floor. At present, under the price-support formula, they can get Government loans which assure them a minimum of 31.71? a Ib., but many want the formula revised to boost the loan...
...Picayune, Miss., a 7 Ib. 2 oz. boy was Dorn to an unmarried mother, 10; had a twice-married grandmother...