Word: largest
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Dates: during 1950-1959
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TRUSTBUSTERS' THREATS of court action forced Texaco and Superior Oil Co. (Calif.) to drop merger plans (TIME, June 29). Merger would have given Texaco, second largest integrated U.S. producer and refiner, the advantage of Superior's huge reserves in Venezuela and U.S. Victory was Justice Department's biggest since it halted Bethlehem Steel and Youngstown Sheet & Tube Co. merger last year...
...second quarter, U.S. corporations reported the largest quarterly increase in nine years in working capital. The $3 billion boost brought the total to a record $125.4 billion...
...Personal debt, in the largest jump in four years, rose by an estimated $5.9 billion in the second quarter, to a total of $157.9 billion...
...Charles Jacob Stewart, 61, general partner in Lazard Freres & Co., New York investment bankers, was elected president of Manufacturers Trust Co., fifth largest bank in New York City, succeeding Eugene S. Hooper, 61, who is retiring. Dallas-born, Stewart graduated from Yale in 1918, joined New York Trust's commercial banking department in 1930, rose to the presidency in 1949, joined Lazard Freres...
...Program, the largest ever undertaken by any university in the country, dwarfs Harvards' last campaign. This came in 1919-21 and brought the University $13.8 million, which was devoted exclusively to Faculty salaries...