Word: lowe
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Dates: during 1940-1949
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Ford and Charlie Sorensen started making Pratt & Whitney airplane engines before they even had an order. When the Government finally asked Ford to put up a Pratt & Whitney plant, he figured that OPM had set its sights too low, left one end of the building open for extensions. Without any nod from Washington, he turned an engineer loose on a V12 liquid-cooled engine of his own. He started putting up Willow Run on the sole basis of a relatively small order for sub-assemblies...
...everything went down. Encouraged by walloping good railroad income accounts, many speculators and investors switched from stocks to second-grade rail bonds, pushed prices near the 1939 highs. Junior liens of Baltimore & Ohio, Missouri-Kansas-Texas, Missouri Pacific now sell at two to four times last year's low prices...
Back to Cuba. The result has been that Cuba, a low-cost producer close at hand, which by all the laws of economics should have supplied the U.S., has had her production cut (see chart, p. 63) by the laws of man. And now the U.S. has to turn to Cuba again for most of its supply...
...high and low board dives and an individual 300-yard medley race round out the program. Jim Cook, Yale's defending champion, may duplicate the double he scored in both diving events last year, but not before he outpoints such entries as Harvard's Shaw McCutcheon. Ralph Buratti, Rutgers' talented young sophomore, Jim Naylor of Syracuse, Jim Russell of Loyola College at Baltimore, Con Doran from Princeton and Bill Cant of Penn...
Four sessions, scheduled for 2:30 and 8:15 both today and tomorrow, are listed on the program. Finals in the 50 and 220 freestyle events, the backstroke, low-board dive and medley relay are billed for tomorrow night, with the balance of the champions to be crowned Saturday evening. The complete list of colleges entered includes Army, Brooklyn College, Columbia, Concord (Athens, W. Va.), Cornell, Dartmouth, Harvard, Loyola, Massachusetts State, North Carolina, Pennsylvania, Princeton, Rutgers, Springfield, Syracuse and Yale. FINAL STANDING W. L. Pts. O.P. Yale 6 0 320 129 Princeton 5 1 323 127 Dartmouth...