Word: midyear
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Dates: during 1940-1949
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...some 300 corporations reporting, only eight were in the red at midyear. More than 70% of the rest showed gains over 1947. As expected, the oil industry kept its lead by pumping out profits even faster than it pumped up record supplies of oil. Gains ranged from 33% for Jersey Standard (to a record of $210 million for the first six months) to 143% for Atlantic Refining (to a record...
...event of midyear that was the most significant. On June 5, standing under the elms in the Harvard Yard, George Marshall, in almost casual terms, announced the beginning of the program that was to become the Marshall Plan. Then & there the U.S. at last set out to seize the initiative from Russia in the cold...
...Claverly desire space in the Houses. It is around these pivotal facts that thinking on thins to come must revolve. For even at this early date the anticipated demand for February will greatly exceed the supply of rooms available. Although 460 men will graduate or otherwise leave at midyear this will spell only 275-odd housing openings because of the decision of the House Masters to drop back as soon as possible to the "fifty percent above normal" quotas of last Spring. This ruling means that the absorption of the sixteen or twenty men now added to the House rosters...
...extraordinary excess of U.S. exports over imports, said President Truman in his midyear economic report to Congress, is one of the temporary props under the U.S. economic system. Last week, the Department of Commerce released figures showing that the prop had begun to buckle. Since the war's end, exports had been steadily increasing until they reached a rate of $17 billion a year. But in June they suddenly sagged 13%, the first big postwar decrease...
...Council of Economic Advisers, which sent its midyear report to Congress this week, thought so too. The change from fear of recession to fear of inflation "has been unduly stimulated by such events as the corn crop scare," it said, "and an exaggerated interpretation of the effects of the coal mine wage adjustment. Some persons have scoffed at the idea that businessmen could or would follow a stabilizing course. Yet the reaction among progressive business leaders [in the last six months] was such as to make new possibilities of orderly price corrections in a free economy through the voluntary action...