Word: midyear
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...General Motors turned in the biggest profits of any single U.S. company (estimated $425 million), and by tying wage increases to the cost of living, showed a statesmanlike concept of management-labor relations. Montgomery Ward's Sewell Avery put on his own special one-man show; since midyear, he had fired or accepted the resignations of his president and seven other executives, but he still turned in the biggest profits (about $65 million) in "Monkey" Ward's history...
...midyear report last week, the President's Council of Economic Advisers hailed the prospect of bumper crops as the one strong force which "should be of signal aid in checking of inflation." But was it? Thanks to the farm bloc and the Government crop-support program, the answer seemed likely to be no, at least for months to come...
...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...