Word: laughlin
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...Harvey ducked into the adjoining control room and peeked at the mirrored image of his patient through a hole three inches wide, bored through the 50-inch lead-shielded wall. Physicist Dr. John S. Laughlin grasped a knob on a black panel and set it at 25 million volts. He set another knob at 100. Then, on a signal from Harvey, Laughlin pushed a big green button...
With all these fat earnings, some stockholders got fatter dividends. U.S. Steel, which had paid a $1.25 quarterly rate since December 1947, shucked out $1.50. Jones & Laughlin paid 35% extra dividend in stock. Colorado Fuel & Iron Corp., whose regular basis is 25? quarterly, topped them all with a special dividend...
Most of the weather-wise plains people battened down and bowed in submission to the storm. But in Kansas, Mrs. Maxine Laughlin, 30, of Jetmore, who was eight months pregnant, got in her car and drove to Dodge City for a prenatal checkup. The car stalled; she set out afoot and was found dead in an eight-foot drift. In Stromsburg, Neb., Myron and Emeral Johnson bogged down in their car trying to reach a veterinarian with their sick dog. Somehow the dog staggered home but the brothers were found frozen to death in a field. Near Oberlin, Kans...
...Open. Jones & Laughlin Steel Corp. showed other steelmakers what they could do about the steel grey market. J. & L. filed suits against two steel brokers (it asked $100,000 damages). The charge: the brokers said they had an "in" with J. & L. and could get 7,500 tons a month for the Ford Motor Co. at $75 a ton (the mill price was then $36). In Brooklyn, a federal grand jury indicted roly-polyIsadore Ginsberg, 52, and his son Maurice. (Ginsberg was scored as a "vicious grey marketeer" by a congressional committee probing the grey market in building materials, TIME...
Like widening ripples, the effects of U.S. Steel Corp.'s $25 million price cut last week splashed through the industry. One after another, Youngstown Sheet & Tube Co., Bethlehem Steel Corp. and Jones & Laughlin announced price cuts from $1 to $5 a ton, even though first-quarter profits were down. (Big Steel's were down to $33,957,341 v. $39,234,511 last year.) Republic Steel Corp., third biggest steelmaker, was studying prices, had not yet acted. In all, the nation's steel bill had been cut about $80 million a year, not quite what...