Word: million
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Porkpies & Primai Donnas. In March 1943, Major General Leslie R. Groves chose Oppenheimer to head the new Los Alamos Scientific Laboratory. It was probably the best decision that Groves ever made. Oppie, who had never even been chairman of a physics faculty, became top executive of a $60 million company with 4,500 workers, including such eminent physicists as Enrico Fermi and Niels Bohr...
...million years ago (more or less), a race of pygmies lived on the treeless savannas of what is now the central Transvaal. These little people had apelike faces, stood possibly four feet high and weighed up to 100 Ibs. When they died, a few happened to leave their bones in lime-bearing rock where they would be preserved for eons...
Comeback In Rails. The oil industry, as usual, led the prosperous parade. The major companies showed increases in net profits over the third quarter of 1947 ranging from 35% for Union Oil Co. of California (to $7,043,427) to 82% for Skelly Oil Co. (to $10.6 million...
...surprise was the spectacular comeback of the railroads. Thanks to rate boosts which were beginning to show their full effects, railroads, notably in the East, were having their best peacetime year since 1929. For the first nine months of the year, the New York Central netted $13.1 million, compared with less than $452,000 in the same period last year. The Baltimore & Ohio was up about 200% (to $16.5 million), the Erie 210% (to $9.7 million). The Pennsylvania, which lost more than $7,000,000 in the first nine months last year, made the best gain: it showed...
Bogged-Down Trucks. For companies whose profits were down, the cause was generally 1) high-priced inventories at a time when prices were dropping or 2) a shift to a buyers' market, which cut sales. Colgate-Palmolive-Peet, for one, reported a third-quarter net of $3.1 million (v. $5.3 million last year) on lower sales. Standard Brands showed a profit of only $787,519, a drop of 49%. With sales slipping, five out of eleven makers of electric appliances reported declines ranging from 2% (for Noma Electric) to 43% (for Bendix Home Appliances). Truckmakers Diamond T and Autocar...